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Gold price this week is forecast to decrease following world gold price

This morning (July 7), the world gold price turned down. The domestic gold price remained high at nearly 121 million VND/tael for SJC gold bars and nearly 119 million VND/tael for gold rings. The domestic gold price is forecast to decrease this week.

Báo Lào CaiBáo Lào Cai07/07/2025

Saigon Jewelry Company listed the price of SJC gold bars at 118.9 - 120.9 million VND/tael for buying and selling, stable compared to yesterday morning.

Other businesses simultaneously listed the price of SJC gold bars at 120.9 million VND/tael.

The price of gold rings is 2.2 - 5 million VND/tael lower than the price of gold bars, depending on the gold brand. Specifically, Bao Tin Minh Chau Company Limited listed the price of gold rings at 115.7 - 118.7 million VND/tael, stable compared to yesterday morning. Phu Quy Jewelry Group listed the price of gold rings at 114.3 - 117.3 million VND/tael (buy - sell).

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Domestic gold prices tend to decrease this week following world gold prices.

At the same time, the world gold price was listed at 3,323 USD/ounce, down 14 USD/ounce compared to yesterday morning. The price of SJC gold bars was still nearly 15 million VND/tael higher than the world gold price.

The world gold price is forecast to decrease from now until the end of August and then increase in September. The domestic gold price is not out of the world trend. However, the domestic gold price is still higher than the world price, so the price adjustment in the coming time is not significant.

In the currency market this morning, the State Bank announced the central exchange rate of 25,116 VND/USD.

With a margin of 5%, commercial banks are allowed to buy and sell USD in the range of 23,860 - 26,371 VND/USD.

USD price at Vietcombank - the largest foreign currency trading bank in the system is at 25,980 - 26,370 VND/USD for buying and selling.

On the free market, the USD price is traded at 26,370 to 26,470 VND/USD.

tienphong.vn

Source: https://baolaocai.vn/gia-vang-tuan-nay-duoc-du-bao-giam-theo-gia-vang-the-gioi-post648118.html


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