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Morning of July 8, domestic gold price increased sharply

This morning, July 8, the domestic gold price increased by half a million VND/tael, reaching 121 million VND/tael. This development originated from the international market.

Hà Nội MớiHà Nội Mới08/07/2025

On the international market, early this morning, the gold price was trading at 3,340 USD/ounce, up about 40 USD compared to the lowest level in last night's trading session.

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Gold price increased sharply to 121 million VND/tael. Photo: HT

The price of this precious metal increased sharply in the context of US President Donald Trump announcing reciprocal tariffs on 14 countries and the US stock market falling.

At 8:30 a.m., the gold price was trading at 3,333.4 USD/ounce, about 15 million VND/tael lower than the domestic gold price.

Opening, businesses listed the price of SJC gold bars at 119 million VND/tael (buy) - 121 million VND/tael (sell), an increase of 500,000 VND/tael each way compared to the end of yesterday.

For gold rings, Phu Quy Group listed at 113.9 million VND/tael (buy) - 116.9 million VND/tael (sell), an increase of 200,000 VND/tael each way compared to the end of yesterday.

Meanwhile, Saigon Jewelry Company Limited set the price at 113.9 million VND/tael (buy) - 116.4 million VND/tael (sell), unchanged from before.

Yesterday, the price of gold decreased by 400,000 VND/tael, down to 120.5 million VND/tael.

Source: https://hanoimoi.vn/sang-8-7-gia-vang-trong-nuoc-tang-manh-708371.html


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