Update gold price today July 31, 2025 latest in domestic market
As of 6:00 p.m. on July 31, 2025, today's gold price July 31, 2025 at major brands such as SJC, DOJI , Mi Hong, PNJ, Bao Tin Minh Chau and Phu Quy all recorded a significant decrease in both buying and selling prices compared to the previous trading session.
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SJC gold price decreased slightly by 100 thousand VND/tael, DOJI still maintained a strong decrease of 300 thousand VND/tael
Specifically, in Hanoi , the price of SJC gold bars was listed at 119.9 million VND/tael (buy) and 121.4 million VND/tael (sell), down 100,000 VND/tael in both directions.
Similarly, DOJI Group also reduced 300 thousand VND/tael for both buying and selling, trading at 119.7 million VND/tael (buying) and 121.2 million VND/tael (selling).
Gold prices of other major brands all share the same downward trend.
At Mi Hong, the price of gold bars was recorded at 120.1 million VND/tael (buy) and 121.2 million VND/tael (sell), down 300 thousand VND/tael.
PNJ is also not out of the downward trend, with gold bar prices at 119.9 million VND/tael (buy) and 121.4 million VND/tael (sell), down 100,000 VND/tael.
Vietinbank Gold currently lists the selling price at 121.4 million VND/tael, down 100,000 VND/tael.
At Bao Tin Minh Chau, gold price also decreased by 100,000 VND/tael in both directions, reaching 119.9 million VND/tael (buy) and 121.4 million VND/tael (sell).
Phu Quy listed SJC gold price at 119.4 million VND/tael (buy) and 121.4 million VND/tael (sell), down 100 thousand VND/tael for both directions.
The price of 9999 gold rings today remains unchanged at a decrease of 300,000 VND/tael, the difference in buying price is at 2.5 million.
As of 6:00 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 115.8-118.3 million VND/tael (buy - sell); down 300,000 VND/tael in both buying and selling directions compared to yesterday. The difference between buying and selling prices is at 2.5 million VND/tael.
The price of plain gold rings today, July 31, 2025, all returned to a slight decrease.
Bao Tin Minh Chau listed the price of gold rings at 116.2-119.2 million VND/tael (buy - sell); down 100 thousand VND/tael in both buying and selling directions compared to early this morning. The difference between buying and selling prices is at 3 million VND/tael.
Phu Quy Gold and Gemstone Group listed the price of gold rings at 115.0-118.0 million VND/tael (buy - sell), down 200 thousand VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.
Gold price list today July 31, 2025 in Vietnam in detail
| Gold price today | ||||
|---|---|---|---|---|
| Buy | Sell | |||
| SJC in Hanoi | 119.9 | ▼100K | 121.4 | ▼100K |
| DOJI Group | 119.7 | ▼300K | 121.2 | ▼300K |
| Red Eyelashes | 120.1 | ▼300K | 121.2 | ▼300K |
| PNJ | 119.9 | ▼100K | 121.4 | ▼100K |
| Vietinbank Gold | 121.4 | ▼100K | ||
| Bao Tin Minh Chau | 119.9 | ▼100K | 121.4 | ▼100K |
| Phu Quy | 119.4 | ▼100K | 121.4 | ▼100K |
| 1. DOJI - Updated: July 31, 2025 18:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 119,700 ▼300K | 121,200 ▼300K |
| AVPL/SJC HCM | 119,700 ▼300K | 121,200 ▼300K |
| AVPL/SJC DN | 119,700 ▼300K | 121,200 ▼300K |
| Raw material 9999 - HN | 108,300 ▼300K | 109,300 ▼300K |
| Raw material 999 - HN | 108,200 ▼300K | 109,200 ▼300K |
| 2. PNJ - Updated: July 31, 2025 18:00 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 119,900 ▼100K | 121,400 ▼100K |
| Hanoi - PNJ | 119,900 ▼100K | 121,400 ▼100K |
| Da Nang - PNJ | 119,900 ▼100K | 121,400 ▼100K |
| Western Region - PNJ | 119,900 ▼100K | 121,400 ▼100K |
| Central Highlands - PNJ | 119,900 ▼100K | 121,400 ▼100K |
| Southeast - PNJ | 119,900 ▼100K | 121,400 ▼100K |
| 3. AJC - Updated: 07/31/2025 18:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| Jewelry 99.99 | 11,270 ▼40K | 11,720 ▼40K |
| 99.9 Jewelry | 11,260 ▼40K | 11,710 ▼40K |
| NL 99.99 | 10,730 ▼78K | |
| Round ring not sealed in blister T.Binh | 10,730 ▼78K | |
| Round, 3A, Yellow T.Bình | 11,480 ▼40K | 11,780 ▼40K |
| Round, 3A, Yellow N.An | 11,480 ▼40K | 11,780 ▼40K |
| Round N., 3A, Yellow Street, Hanoi | 11,480 ▼40K | 11,780 ▼40K |
| SJC Thai Binh pieces | 11,990 ▼10K | 12,140 ▼10K |
| SJC Nghe An pieces | 11,990 ▼10K | 12,140 ▼10K |
| SJC Hanoi Piece | 11,990 ▼10K | 12,140 ▼10K |
| 4. SJC - Updated: 7/31/2025 18:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 119,900 ▼100K | 121,400 ▼100K |
| SJC gold 5 chi | 119,900 ▼100K | 121,420 ▼100K |
| SJC gold 0.5 chi, 1 chi, 2 chi | 119,900 ▼100K | 121,430 ▼100K |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 114,600 ▼100K | 117,100 ▼100K |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 114,600 ▼100K | 117,200 ▼100K |
| Jewelry 99.99% | 114,600 ▼100K | 116,500 ▼100K |
| Jewelry 99% | 110,846 ▼99K | 115,346 ▼99K |
| Jewelry 68% | 72,477 ▼68K | 79,377 ▼68K |
| Jewelry 41.7% | 41,835 ▼41K | 48,735 ▼41K |
Update gold price today July 31, 2025 latest on the world market
World gold price, at 5:30 p.m. on July 31, 2025 (Vietnam time), the world spot gold price was at 3,302.7 USD/ounce. Today's gold price increased by 28.4 USD. Converted according to the USD exchange rate at Vietcombank (26,380 VND/USD), world gold is priced at about 109.35 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (119.9-121.4 million VND/tael), the current SJC gold price is about 12.05 million higher than the international gold price.
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Today, July 31, 2025, the world gold price increased significantly, surpassing the 1% mark, recovering after hitting a one-month low in the previous session. At 06:12 GMT, the spot gold price increased by 1.1%, reaching $3,312.03 per ounce. This recovery was due to several important factors, especially the weakening US dollar and new US tariff announcements, increasing demand for gold as a safe-haven asset.
Gold is considered a “safe haven” during times of economic uncertainty. This means that when investors are worried about the economy, they tend to sell riskier assets like stocks and buy gold, as gold holds its value better in times of trouble. Gold prices fell sharply yesterday after the Federal Reserve’s statement and the tariff announcement. However, a slight weakening of the US dollar today has helped gold prices rise again, according to UBS analyst Giovanni Staunovo.
Ahead of the August 1 deadline, US President Donald Trump announced new tariffs, including an update to the copper tariff, as well as tariffs on goods from Brazil, South Korea and India. He also ended exemptions for small shipments from overseas. Recently, Mr. Trump also said that the US would impose a 15% tariff on imports from South Korea, to avoid higher tariffs. However, he also expressed optimism about trade negotiations with China and hoped to reach a fair deal. These tariff news often cause market concerns, causing investors to seek gold to preserve the value of their assets.
On monetary policy, the US Federal Reserve (FED) kept interest rates unchanged at its recent meeting, as expected by the market. However, Mr. Powell, the FED chairman, said it was too early to say whether the FED would cut interest rates at its next meeting in September. Gold tends to rise in a low-interest-rate environment because when interest rates are low, holding cash or other investments offers less return, making gold more attractive to investors.
Global gold demand, including over-the-counter (OTC) transactions, rose 3% year-on-year to 1,248.8 tonnes in the second quarter of 2025, with gold investment surging by 78%, according to a report released by the World Gold Council today. This shows the growing interest of investors in gold. Market attention is now focused on the US core PCE index data (an inflation measure that the Fed cares about) due later in the day, followed by the US non-farm payrolls report on Friday, looking for further clues on the Fed's interest rate path.
Meanwhile, other precious metals prices had mixed developments. Spot silver fell 0.5% to $36.95 an ounce, platinum rose 0.4% to $1,318.20, and palladium rose about 1% to $1,216.27.
Gold price forecast August 1, 2025
How will the gold price develop on August 1, 2025 is a question that many people are interested in after a volatile trading session on July 31. Today, the world gold price has increased by more than 1%, reaching 3,312.03 USD per ounce, escaping the one-month low. This recovery is mainly due to the weakening US dollar and new concerns about tariffs from the US, causing investors to seek gold as a "safe haven".
Another important factor that affects the price of gold is the interest rate policy of the US Federal Reserve (FED). When the FED keeps interest rates low, saving money or investing in other assets does not bring much profit. At this time, gold becomes a more attractive choice, because it not only retains its value but also has the potential to increase in price. Although the FED has just decided to keep interest rates unchanged, whether or not it will cut them in the future is still open. If the FED cuts interest rates in the future, that will usually be good news for the price of gold.
According to the World Gold Council, global gold demand increased by 3% in the second quarter of 2025, with investment in gold surging by 78%. This shows that investors are very interested in gold, considering it a channel to protect assets in the context of many uncertainties in the world. In contrast, gold jewelry consumption has decreased sharply, showing that people are more cautious in buying luxury goods when gold prices are high.
In the coming time, the market will pay special attention to economic information from the US, such as the PCE inflation index and the non-farm payroll report. These data will provide more clues about the Fed's interest rate policy decision, thereby directly affecting gold prices.
Gold prices on August 1, 2025 may continue to be affected by these developments. With the world gold price increasing sharply today and the demand for investment in gold remaining high, it is likely that domestic SJC gold prices will also have corresponding adjustments. However, if the US dollar recovers strongly or US economic news is more positive than expected, the downward pressure may return. You should closely follow market news to have the most accurate view of gold prices on August 1, 2025.
Source: https://baodanang.vn/du-bao-gia-vang-ngay-mai-1-8-2025-lo-dien-kich-ban-loi-nguoc-dong-sau-cu-soc-lieu-co-dung-3298332.html
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