Domestic gold price today 7/6/2025
At the time of survey at 4:30 a.m. on July 6, 2025, the gold price was listed by some businesses specifically as follows:
The price of SJC gold bars was listed by Saigon Jewelry Company Limited, Bao Tin Minh Chau, DOJI Group and PNJ at 118.9-120.9 million VND/tael (buy - sell), the price remained unchanged in both buying and selling directions compared to yesterday.
SJC gold price at Phu Quy is traded by businesses at 118.2-120.9 million VND/tael (buy - sell), gold price remains unchanged in both buying and selling directions compared to yesterday.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 119.8-120.8 million VND/tael for buying and selling. Compared to yesterday, the gold price increased slightly by 100,000 VND/tael for both buying and selling.
World gold price today 7/6/2025
According to Kitco, the world gold price recorded at 4:30 am today, Vietnam time, was at 3,336.23 USD/ounce. Today's gold price increased by 0.18% compared to yesterday. Converted according to the USD exchange rate on the free market (26,430 VND/USD), the world gold price is 106.3 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is about 14.6 million VND/tael higher than the international gold price.
World gold price developments in the past 24 hours.
World gold prices ended the week slightly higher, as investors rushed into safe-haven assets amid fiscal concerns after the US Congress passed former President Donald Trump’s tax and spending cuts. At the same time, a weaker US dollar also contributed to the rise in gold prices.
Domestic gold prices are in the opposite direction to the world trend because domestic gold prices are high and always have a large gap compared to world gold prices. In addition, the State Bank of Vietnam is finalizing the Draft Amendment to Decree No. 24/2012/ND-CP on the management of gold trading activities in the direction of removing the monopoly on gold bar production and gold monopoly.
Meanwhile, global gold prices are being supported by increased demand for safe assets as the US House of Representatives has just approved a bill to cut taxes and expand budget spending. This move has raised concerns about fiscal risks that could have a long-term impact on the world's largest economy.
Forecasting the trend of world gold prices, Adrian Day, Chairman of Adrian Day Asset Management, said that the world gold market may experience a slight decline in the short term. Some tariff agreements may be passed, reducing concerns about trade wars.
According to Kelvin Wong, senior market analyst at financial company Oanda, world gold prices are tending to trade in a narrow range of 3,320-3,360 USD/ounce.
Source: https://baohatinh.vn/gia-vang-hom-nay-672025-trong-nuoc-on-dinh-the-gioi-tang-nhe-post291180.html
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