Gold price today 7/15/2025
At the time of survey at 4:30 a.m. on July 15, 2025, the price of gold bars was listed by some businesses specifically as follows:
The price of SJC gold bars was listed by Saigon Jewelry Company, Bao Tin Minh Chau, DOJI Group and PNJ at 119.5-121.5 million VND/tael (buy - sell), the price remained unchanged in both buying and selling directions compared to yesterday.
Currently, the difference between buying and selling prices of SJC gold bars at large companies is commonly at 2 million VND/tael.
Meanwhile, the price of SJC gold at Phu Quy was traded by businesses at 118.8-121.5 million VND/tael (buy - sell), the gold price remained unchanged in both buying and selling directions compared to yesterday.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 119.5-121 million VND/tael for buying and selling. Compared to yesterday, the gold price remained unchanged for buying - increased by 500,000 VND/tael for selling.
World gold price today July 15, 2025 and world gold price fluctuation chart in the past 24 hours
According to Kitco, the world gold price recorded at 4:30 am today, Vietnam time, was at 3,342.89 USD/ounce. Today's gold price is unchanged compared to yesterday. Converted according to the USD exchange rate on the free market (26,357 VND/USD), the world gold price is 106.2 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is about 15.3 million VND/tael higher than the international gold price.
“After a strong rally, the market is seeing profit-taking, but buying pressure remains steady,” said Bart Melek, head of commodity strategy at TD Securities.
The European Union and South Korea said they are working to reach a trade deal with US President Donald Trump. On Saturday, Mr Trump escalated the global trade war by announcing he would impose a 30% tariff on most imports from the EU and Mexico starting next month. Other countries such as Japan and South Korea are also under threat of higher tariffs.
Markets are now turning their attention to US economic data, including the consumer price index (CPI) and producer price index (PPI), for clues on the Federal Reserve's next policy direction. Investors are betting on the possibility of the Fed cutting interest rates by a total of 50 basis points by the end of the year.
“The US President's repeated expression of his desire to lower interest rates also partly supports gold prices,” Mr. Melek added.
Gold typically benefits in low interest rate environments because it is a non-yielding asset.
Spot silver rose 1.1% to $38.78 an ounce, its highest since September 2011. “Silver is on a solid footing, with supply tight and demand, especially in the solar sector, still strong,” said Nitesh Shah, commodity strategist at WisdomTree. He said the gold-silver ratio is now approaching 86, indicating that silver’s performance is catching up to gold.
In other precious metals, platinum fell 2.4% to $1,365.19 an ounce and palladium lost 2.6% to $1,183.75 an ounce, after both hit more than eight-month highs earlier in the session.
Source: https://baohatinh.vn/gia-vang-hom-nay-1572025-on-dinh-o-muc-cao-post291749.html
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