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Gold price this afternoon July 7, 2025: SJC gold, ring gold prices continue to fall, world gold hits new low due to President Trump's statement

Gold prices on the afternoon of July 7, 2025 decreased across the board, SJC and DOJI gold lost 400K/tael, world gold dropped 31.43 USD/ounce to 3302.57 USD/ounce.

Báo Đà NẵngBáo Đà Nẵng07/07/2025

Gold price this afternoon 7 7 2025 SJC gold, ring gold continues to fall in price, world gold hits new low due to President Trump's statement
Gold prices on the afternoon of July 7, 2025 decreased across the board, SJC and DOJI gold lost 400K/tael, world gold dropped to 3302.57 USD/ounce

Update gold price today July 7, 2025 latest in domestic market

At the time of survey at 3:00 pm on July 7, 2025, domestic gold prices recorded a simultaneous downward trend at most major brands, marking a day of strong market fluctuations. specific:

SJC gold price is listed at 118.5 million VND/tael (buy) and 120.5 million VND/tael (sell), down 400 thousand VND/tael in both directions compared to yesterday. DOJI Group also recorded a similar decrease, with SJC gold bar price ranging from 118.5 million VND/tael to 120.5 million VND/tael.

SJC gold price in Ho Chi Minh City continued to decrease sharply, with the listed price of 118.5 million VND/tael (buy) and 120.5 million VND/tael (sell), down 400 thousand VND/tael in both directions. PNJ also recorded a notable decrease, the buying price reached 114.2 million VND/tael, down 600 thousand VND/tael, while the selling price reached 116 million VND/tael, down 500 thousand VND/tael.

At Mi Hong, the price of SJC gold here decreased slightly, with a decrease of 200 thousand VND/tael for buying (119.3 million VND/tael) and 200 thousand VND/tael for selling (120.5 million VND/tael).

Bao Tin Minh Chau Company, gold price decreased by 400 thousand VND/tael, bringing the buying and selling prices down to 118.5 million VND/tael and 120.5 million VND/tael respectively.

In Phu Quy, the price of SJC gold here also decreased sharply, with a decrease of 400 thousand VND/tael in both directions, listed at 117.8 million VND/tael (buy) and 120.5 million VND/tael (sell).

As of 3:00 pm today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 115.0-117.0 million VND/tael (buy - sell); down 500,000 VND/tael in both buying and selling directions compared to early this morning.

Bao Tin Minh Chau listed the price of gold rings at 115.7-118.7 million VND/tael (buy - sell); There is currently no change at 10:00 am on July 7, 2025.

The downward trend in gold prices today, July 7, 2025, shows a strong adjustment in the domestic market, reflecting reflections from global economic and financial factors. This could be an opportunity for investors to consider buying strategies when gold prices are low.

The latest gold price update table today, July 7, 2025 is as follows:

Gold price today
BuySell
SJC in Hanoi 118.5 ▼400K 120.5 ▼400K
DOJI Group 118.5 ▼400K 120.5 ▼400K
Red Eyelashes 119.3 ▼200K 120.5 ▼200K
PNJ 114.2 ▼600K 116.0 ▼500K
Vietinbank Gold 120.5 ▼400K
Minh Chau Newspaper 118.5 ▼400K 120.5 ▼400K
Phu Quy 117.8 ▼400K 120.5 ▼400K
1. DOJI - Updated: July 7, 2025 15:00 - Source website time - ▼/▲ Compared to yesterday.
Type Buy Sell
AVPL/SJC HN 118,500
▼400K
120,500
▼400K
AVPL/SJC HCM 118,500
▼400K
120,500
▼400K
AVPL/SJC DN 118,500
▼400K
120,500
▼400K
Raw material 9999 - HN 107,800
▼500K
112,000
▼500K
Raw material 999 - HN 107,700
▼500K
111,900
▼500K
2. PNJ - Updated: 07/07/2025 15:00 - Time of website supply source - ▼ Compared to yesterday.
Type Buy Sell
HCMC - PNJ 114,200 ▼600K 116,900 ▼500K
HCMC - SJC 118,500 ▼400K 120,500 ▼400K
Hanoi - PNJ 114,200 ▼600K 116,900 ▼500K
Hanoi - SJC 118,500 ▼400K 120,500 ▼400K
Da Nang - PNJ 114,200 ▼600K 116,900 ▼500K
Da Nang - SJC 118,500 ▼400K 120,500 ▼400K
Western Region - PNJ 114,200 ▼600K 116,900 ▼500K
Western Region - SJC 118,500 ▼400K 120,500 ▼400K
Jewelry gold price - PNJ 114,200 ▼600K 116,900 ▼500K
Jewelry gold price - SJC 118,500 ▼400K 120,500 ▼400K
Jewelry gold price - Southeast PNJ 114,200 ▼600K
Jewelry gold price - SJC 118,500 ▼400K 120,500 ▼400K
Jewelry gold price - Jewelry gold price PNJ 999.9 Plain Ring 114,200 ▼600K
Jewelry gold price - Kim Bao Gold 999.9 114,200 ▼600K 116,900 ▼500K
Jewelry gold price - Phuc Loc Tai Gold 999.9 114,200 ▼600K 116,900 ▼500K
Jewelry gold price - Jewelry gold 999.9 113,400 ▼700K 115,900 ▼700K
Jewelry gold price - Jewelry gold 999 113,280 ▼700K 115,780 ▼700K
Jewelry gold price - Jewelry gold 9920 112,570 ▼700K 115,070 ▼700K
Jewelry gold price - Jewelry gold 99 112,340 ▼690K 114,840 ▼690K
Jewelry gold price - 750 gold (18K) 79,580 ▼520K 87,080 ▼520K
Jewelry gold price - 585 gold (14K) 60,450 ▼410K 67,950 ▼410K
Jewelry gold price - 416 gold (10K) 40,860 ▼300K 48,360 ▼300K
Jewelry gold price - 916 gold (22K) 103,760 ▼650K 106,260 ▼650K
Jewelry gold price - 610 gold (14.6K) 63,350 ▼430K 70,850 ▼430K
Jewelry gold price - 650 gold (15.6K) 67,990 ▼450K 75,490 ▼450K
Jewelry gold price - 680 gold (16.3K) 71,460 ▼480K 78,960 ▼480K
Jewelry gold price - 375 gold (9K) 36,110 ▼270K 43,610 ▼270K
Jewelry gold price - 333 gold (8K) 30,900 ▼230K 38,400 ▼230K
3. SJC - Updated: 7/7/2025 15:00 - Time of the source website - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG 118,500
▼400K
120,500
▼400K
SJC gold 5 pieces 118,500
▼400K
120,520
▼400K
SJC gold 0.5 chi, 1 chi, 2 chi 118,500
▼400K
120,530
▼400K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi 113,900
▼400K
116,400
▼400K
SJC 99.99% gold ring 0.5 chi, 0.3 chi 113,900
▼400K
116,500
▼400K
Jewelry 99.99% 113,900
▼400K
115,800
▼400K
Jewelry 99% 110,153
▼396K
114,653
▼396K
Jewelry 68% 72,001
▼272K
78,901
▼272K
Jewelry 41.7% 41,543
▼166K
48,443
▼166K

Update gold price today July 7, 2025 latest on the world market

World gold price, at 3:00 pm on July 7, 2025 (Vietnam time), the world spot gold price was at 3,302.57 USD/ounce. Today's gold price decreased by 31.43 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,320 VND/USD), the world gold price is about 109.1 million VND/tael (excluding taxes and fees). Compared to the domestic SJC gold bar price on the same day (118.5-120.5 million VND/tael), the current SJC gold price is about 11.4 million higher than the international gold price.

Gold prices in the world market fell due to new information about international trade. specifically, US President Donald Trump announced that the US is close to completing a number of trade agreements with many countries in the next few days. He also announced that he would temporarily suspend the application of some new tariffs for some countries, making gold - an asset often a "safe haven" during economic instability - less attractive. Therefore, the spot price of gold fell 0.7% to 3,311.09 USD per ounce, while the price of gold futures in the US also fell 0.7% to 3,320.30 USD per ounce.

Trump had previously announced a 10% basic tariff on several countries in April, with additional tariffs of up to 50%. However, he postponed the implementation of these tariffs, except for the 10% tariff, until July 9. Now, that deadline has been extended by three weeks. According to Kelvin Wong, a market analyst, the tariff delay has caused gold prices to fall in the short term. He predicts that gold prices may fluctuate around $3,320 and may rise to $3,360, but this is a price that gold will find difficult to surpass in the near term.

Trump also warned that he would impose an additional 10% tariff on BRICS countries if they pursue what he called “anti-American” policies, although he did not elaborate on what those policies would be. Concerns about inflation due to tariffs could prompt the Federal Reserve to slow its rate cuts. Investors are currently not expecting a rate cut this month and are only predicting two small rate cuts by the end of the year.

Last week, Mr. Trump also signed a major tax and spending cut bill at the White House. According to analysis, this bill could add more than $3,000 billion to the national debt, which is already at $36,200 billion. This also affected market sentiment, causing gold prices to be under pressure today.

Other precious metals also fell. Spot silver fell 0.9% to $36.58 an ounce, platinum fell 2.4% to $1,358.62, and palladium fell 1.9% to $1,113.23. These moves show that the precious metals market is being affected by global trade and economic policies.

Source: https://baodanang.vn/gia-vang-chieu-nay-7-7-2025-vang-sjc-vang-nhan-tiep-tuc-rot-gia-vang-the-gioi-them-day-moi-boi-tuyen-bo-cua-tong-thong-trump-3265163.html


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