Gold price today July 22: Increase in both directions

Gold price today 7/22/2025

At the time of survey at 4:30 a.m. on July 22, 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 and PNJ at 120-121.5 million VND/tael (buy - sell), an increase of 300,000 VND/tael in both buying and selling directions compared to yesterday.

Gold price today July 22, 2025. Illustration photo

The price of SJC gold bars listed by DOJI Group is at 120-121.5 million VND/tael (buy - sell), an increase of 500,000 VND/tael in both buying and selling directions compared to yesterday.

Meanwhile, the price of SJC gold at Phu Quy was traded by businesses at 119.2-121.2 million VND/tael (buy - sell), the gold price increased by 500,000 VND/tael for buying and increased by 200,000 VND/tael for selling compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 120.5-121.5 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 300,000 VND/tael for both buying and selling.

Regarding ring gold, the price of 9999 Hung Thinh Vuong round ring gold at DOJI is listed at 116.1-118.6 million VND/tael (buy - sell); the price increased by 200,000 VND/tael in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 116.3-119.3 million VND/tael (buy - sell); the gold price increased by 200,000 VND/tael in both buying and selling directions compared to yesterday.

World gold price today 07/21/2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 a.m. today, Vietnam time, was at 3,400.09 USD/ounce. Today's gold price increased by 1.47% compared to yesterday. Converted according to the USD exchange rate on the free market (26,381 VND/USD), the world gold price is 108.1 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is about 13.4 million VND/tael higher than the international gold price.

Diễn biến giá vàng thế giới trong 24h qua. — World gold price developments in the past 24 hours.

The US Dollar Index (DXY) fell 0.4%, making gold, which is priced in US dollars, cheaper for buyers holding other currencies, while the yield on 10-year US government bonds fell to its lowest level in more than a week, Reuters reported.

“With the August 1 deadline approaching, there is increasing uncertainty in the market and this is clearly supportive of gold prices,” said David Meger, director of metals trading at High Ridge Futures.

The European Union is considering a broader set of retaliatory measures against the United States as prospects for a trade deal with Washington dim, according to EU diplomats. On interest rate policy, investors are now pricing in a 63% chance of a Fed rate cut at its September meeting, according to the CME FedWatch tool.

US Treasury Secretary Scott Bessent said the entire Federal Reserve (Fed) needs to be reviewed as an institution and questioned its effectiveness.

Mr. Meger said that speculation about the possibility of an earlier-than-expected interest rate cut, along with speculation surrounding the replacement of Fed Chairman Jerome Powell and the restructuring of the Fed, are contributing to the market volatility.

Gold is often seen as a safe haven asset in times of uncertainty and tends to increase in price when interest rates are low.

China, the world's top gold consumer, imported 63 tonnes of gold last month, the lowest since January, data showed. Its platinum imports in June also fell 6.1% from the previous month.

In other precious metals markets, spot silver rose 1.8% to $38.86 an ounce; platinum rose 2.2% to $1,453.17 an ounce; and palladium rose 3.5% to $1,284.46 an ounce.

Source: https://baohatinh.vn/gia-vang-hom-nay-227-tang-ca-2-chieu-post292202.html