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Gold price today June 28, 2025: 24K, 9999 gold breaks bottom, inflation pushes prices into the abyss

Gold price today June 28, 2025 decreased sharply, SJC and PNJ gold plummeted 300-700 thousand VND/tael. Inflation and market trends pushed gold prices into the abyss.

Báo Quảng NamBáo Quảng Nam28/06/2025

Gold price today 6/28/2025 24K, 9999 gold breaks bottom, inflation pushes price into abyss
Gold price today June 28, 2025: 24K, 9999 gold breaks bottom, inflation pushes prices into the abyss

Domestic gold price today June 28, 2025 covers the whole country in red

At the time of the survey on the morning of June 28, 2025, the domestic gold market recorded a strong downward trend across the board. Most major brands simultaneously adjusted prices down in both buying and selling directions, creating a cautious atmosphere in the precious metals market. Specifically:

The price of SJC gold in Hanoi is currently listed at VND117.2 million/tael (buy) and VND119.2 million/tael (sell), both down VND500,000/tael compared to the previous trading session. This decrease also appeared in other areas such as Ho Chi Minh City and Da Nang, showing that the general trend is covering the entire SJC system.

DOJI Group continued to record a similar decrease, with the buying and selling prices at 117.2 million VND/tael and 119.2 million VND/tael, down 500,000 VND each way. Not only gold bars, the price of 9999 raw gold in Hanoi also plummeted, currently trading around 107.6 million VND/tael (buy) and 111 million VND/tael (sell), both down 500,000 VND/tael.

At Mi Hong Jewelry Company, the latest gold price today, June 28, 2025, recorded a sideways trend, with the buying price remaining at 118.5 million VND/tael and the selling price at 119.7 million VND/tael, unchanged from the previous session. This is one of the few brands that has temporarily "stayed still" amid the general price reduction wave of the market.

Gold prices at PNJ are also not outside the downward trend. In the Ho Chi Minh City and Hanoi markets, PNJ gold is being bought at 113.4 million VND/tael, down 300,000 VND; the selling price has dropped sharply by 500,000 VND, down to 116 million VND/tael. SJC gold products at the PNJ system have also decreased by 500,000 VND in both directions, further reinforcing the gloomy atmosphere of the market.

Vietinbank Gold listed the selling price at VND119.2 million/tael, down VND500,000 from the previous session. The buying price was not announced, but the downward trend is still the main highlight.

At Bao Tin Minh Chau, the gold price today, June 28, 2025, continued to decrease sharply, with the buying price at 117.2 million VND/tael and the selling price at 119.2 million VND/tael, both down 500,000 VND/tael in both trading directions.

Phu Quy is the brand that recorded the strongest decrease in buying price, when the buying price decreased by 700,000 VND/tael, down to 116.5 million VND/tael; the selling price decreased by 500,000 VND, down to 119.2 million VND/tael.

Not only gold bars, gold jewelry products in many large systems have also decreased in price. For example, SJC 99.99% gold rings are currently being bought at 113.2 million VND/tael and sold at 115.7-115.8 million VND/tael, down 200,000 VND/tael. Gold jewelry of all types from 99.99% to 41.7% has also decreased from 83,000 to 300,000 VND/tael depending on the type.

Gold price trend forecast today June 28, 2025

In general, the “gold price today June 28, 2025” witnessed a sharp decline across the market, reflecting investors’ cautious sentiment in the face of unpredictable fluctuations in the international market. The decline spread from SJC, DOJI, PNJ gold bars to gold jewelry products, causing the domestic gold market to enter a period of deep adjustment. Investors should closely monitor developments and consider carefully before making trading decisions in the current context.

Detailed update table of gold price today June 28, 2025 latest

Gold price today
BuySell
SJC in Hanoi 117.2 ▼500K 119.2 ▼500K
DOJI Group 117.2 ▼500K 119.2 ▼500K
Red Eyelashes 118.5 - 119.7 -
PNJ 113.4 ▼300K 116.0 ▼300K
Vietinbank Gold 119.2 ▼500K
Bao Tin Minh Chau 117.2 ▼500K 119.2 ▼500K
Phu Quy 116.5 ▼700K 119.2 ▼500K
1. DOJI - Updated: June 28, 2025 09:30 - Source website time - ▼/▲ Compared to yesterday.
Type Buy Sell
AVPL/SJC HN 117,200
▼500K
119,200
▼500K
AVPL/SJC HCM 117,200
▼500K
119,200
▼500K
AVPL/SJC DN 117,200
▼500K
119,200
▼500K
Raw material 9999 - HN 107,600
▼500K
111,000
▼500K
Raw material 999 - HN 107,500
▼500K
110,900
▼500K
2. PNJ - Updated: June 28, 2025 09:30 - Time of the source website - ▼/▲ Compared to yesterday.
Type Buy Sell
HCMC - PNJ 113,400 ▼300K 116,000 ▼500K
HCMC - SJC 117,200 ▼500K 119,200 ▼500K
Hanoi - PNJ 113,400 ▼300K 116,000 ▼500K
Hanoi - SJC 117,200 ▼500K 119,200 ▼500K
Da Nang - PNJ 113,400 ▼300K 116,000 ▼500K
Da Nang - SJC 117,200 ▼500K 119,200 ▼500K
Western Region - PNJ 113,400 ▼300K 116,000 ▼500K
Western Region - SJC 117,200 ▼500K 119,200 ▼500K
Jewelry gold price - PNJ 113,400 ▼300K 116,000 ▼500K
Jewelry gold price - SJC 117,200 ▼500K 119,200 ▼500K
Jewelry gold price - Southeast PNJ 113,400 ▼300K
Jewelry gold price - Southeast SJC 117,200 ▼500K 119,200 ▼500K
Jewelry gold price - PNJ 999.9 Plain Ring 113,400 ▼300K
Jewelry gold price - Kim Bao Gold 999.9 113,400 ▼300K 116,000 ▼500K
Jewelry gold price - Phuc Loc Tai Gold 999.9 113,400 ▼300K 116,000 ▼500K
Jewelry gold price - Jewelry gold 999.9 112,700 ▼300K 115,200 ▼300K
Jewelry gold price - Jewelry gold 999 112,590 ▼300K 115,090 ▼300K
Jewelry gold price - Jewelry gold 9920 111,880 ▼300K 114,380 ▼300K
Jewelry gold price - Jewelry gold 99 111,650 ▼300K 114,150 ▼300K
Jewelry gold price - 750 gold (18K) 79,050 ▼230K 86,550 ▼230K
Jewelry gold price - 585 gold (14K) 60,040 ▼180K 67,540 ▼180K
Jewelry gold price - 416 gold (10K) 40,570 ▼130K 48,070 ▼130K
Jewelry gold price - 916 gold (22K) 103,120 ▼280K 105,620 ▼280K
Jewelry gold price - 610 gold (14.6K) 62,920 ▼190K 70,420 ▼190K
Jewelry gold price - 650 gold (15.6K) 67,530 ▼200K 75,030 ▼200K
Jewelry gold price - 680 gold (16.3K) 70,990 ▼200K 78,490 ▼200K
Jewelry gold price - 375 gold (9K) 35,850 ▼110K 43,350 ▼110K
Jewelry gold price - 333 gold (8K) 30,670 ▼100K 38,170 ▼100K
3. SJC - Updated: June 28, 2025 09:30 - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG 117,200
▼500K
119,200
▼500K
SJC gold 5 chi 117,200
▼500K
119,220
▼500K
SJC gold 0.5 chi, 1 chi, 2 chi 117,200
▼500K
119,230
▼500K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi 113,200
▼200K
115,700
▼200K
SJC 99.99% gold ring 0.5 chi, 0.3 chi 113,200
▼200K
115,800
▼200K
Jewelry 99.99% 113,200
▼200K
115,100
▼200K
Jewelry 99% 109,460
▼198K
113,960
▼198K
Jewelry 68% 71,525
▼136K
78,452
▼136K
Jewelry 41.7% 41,251
▼83K
48,151
▼83K

World gold price 6/28/2025 dropped shockingly because inflation was controlled

World gold price, at 09:30 on June 28, 2025 (Vietnam time), the world spot gold price was at 3,272.79 USD/ounce. Today's gold price decreased by 53.7 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,270 VND/USD), the world gold price is about 107.96 million VND/tael (excluding taxes and fees). Compared to the domestic SJC gold bar price on the same day (117.2-119.2 million VND/tael), the current SJC gold price is about 11.24 million higher than the international gold price.

Gold prices today, June 28, 2025, continued to fall due to easing tensions in the Middle East and concerns about inflation. According to Mr. David Meger from High Ridge Futures, safe-haven demand for gold decreased as the geopolitical situation, especially between Iran and Israel, eased after the ceasefire agreement. In addition, expectations of the Fed delaying interest rate cuts and rising inflation due to tax policies under President Donald Trump also put pressure on gold prices.

Soni Kumari, strategist at ANZ Bank, said the market is bullish on risk assets, putting further pressure on gold. Analyst James Hyerczyk of FX Empire said gold lost momentum after failing to surpass the peak of $3,500.20 an ounce, moving into a short-term correction.

President Trump has expressed optimism about a long-term solution to Iran and the possibility of replacing Fed Chairman Jerome Powell, adding to market volatility. Data from the Royal Mint showed that gold sales fell in the second quarter, with buyers cautious at high prices and investors taking profits, creating a two-way market.

However, the long-term uptrend in gold prices is still maintained due to inflation, economic and geopolitical uncertainty. The weak US dollar, at a 3.5-year low, supports gold prices in the medium term. A report from OMFIF said that a third of central banks, managing $5 trillion in assets, plan to increase their gold reserves in the next 1-2 years, reinforcing strong demand.

In summary, gold prices today, June 28, 2025, are under short-term downward pressure but are still forecast to increase in the long term due to global economic and financial factors.

Source: https://baoquangnam.vn/gia-vang-hom-nay-28-6-2025-vang-24k-9999-vo-day-lam-phat-day-gia-vao-vuc-sau-3157798.html


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