The price of SJC gold bars in the domestic market on July 11 increased by VND200,000/tael, reaching VND121 million/tael.
Specifically, the price of gold bars of Saigon Jewelry Company (SJC) is listed at 119 - 121 million VND/tael (buy - sell), an increase of 200,000 VND/tael in both directions compared to yesterday.
Bao Tin Minh Chau brand gold bars buy at 119 million VND/tael, sell at 121 million VND/tael, increase 200,000 VND/tael in both directions.
Phu Quy Gold and Gemstone Group bought SJC gold bars at VND118.3 million/tael; sold at VND121 million/tael, up VND200,000/tael in both directions.
Meanwhile, PNJ brand gold bars are listed at 119 - 121 million VND/tael (buy - sell), an increase of 200,000 VND/tael in both directions.
DOJI Gold and Gemstone Group alone is trading SJC gold bars at 118.8 - 120.8 million VND/tael, stable compared to yesterday.
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Gold price today (afternoon of July 11): SJC gold bars hit 121 million VND. Illustrative photo |
Branded gold rings also increased slightly. Specifically, SJC brand gold rings are listed at 114.2 - 116.7 million VND/tael.
DOJI brand gold rings are listed at 115.5 - 118.5 million VND/tael.
Bao Tin Minh Chau brand gold rings are listed at 115.7 - 118.7 million VND/tael.
Phu Quy brand gold rings are listed at 114.7 - 117.7 million VND/tael.
PNJ brand gold rings in Hanoi and Ho Chi Minh City are being bought at 114.3 million VND/tael; sold at 117.2 million VND/tael.
The world gold price at 1:00 p.m. on July 11 was 3,332.10 USD. The world gold price generally increased by 0.45% in the past 24 hours, equivalent to an increase of 14.79 USD/ounce.
Gold and silver prices posted impressive gains today amid growing concerns about the Trump administration’s tough trade policies, according to Kitco News. The gains underscore investors’ shift to safe-haven assets as policy uncertainty overwhelms supportive economic fundamentals.
Gold futures continued to rally for a second straight session, snapping a five-day losing streak that had weighed on the precious metal. The August 2025 gold futures contract rose $10.50, or 0.32%, to $3,333 an ounce.
This growth is particularly notable given the ability of gold to rise alongside a stronger US dollar, a relationship that typically sees these safe-haven assets move inversely. The break in this historical correlation highlights the growing appeal of gold as a hedge against policy uncertainty rather than currency volatility.
The Trump administration’s unconventional trade policies have emerged as a major catalyst for the precious metals’ strength. President Trump’s announcement yesterday of a 50% tariff on copper imports, effective August 1, along with similar tariffs on Brazilian goods, has created significant market uncertainty.
LINH PHUONG
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Source: https://baolamdong.vn/gia-vang-hom-nay-chieu-11-7-vang-mieng-sjc-cham-moc-121-trieu-dong-luong-381974.html
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