SJC gold bar price
As of 6:00 a.m. on July 24, the price of SJC gold bars was listed by Saigon Jewelry Company at VND 120.7-122.7 million/tael (buy - sell); increased by VND 700,000/tael for buying and VND 1.2 million/tael for selling. The difference between buying and selling prices is at 2 million VND/tael.
DOJI Group listed at 120.7-122.7 million VND/tael (buy - sell); increased by 700,000 VND/tael for buying and increased by 1.2 million VND/tael for selling. The difference between buying and selling prices is at 2 million VND/tael.
Meanwhile, Bao Tin Minh Chau listed the price of SJC gold bars at 120.7-122.7 million VND/tael (buy - sell); increased by 700,000 VND/tael for buying and increased by 1.2 million VND/tael for selling. The difference between buying and selling prices is at 2 million VND/tael.
Phu Quy Jewelry Group listed the price of SJC gold bars at 120.2-122.7 million VND/tael (buy in - sell out); increased by 700,000 VND/tael in both directions. The difference between buying and selling prices is at 2.5 million VND/tael.
9999 gold ring price
As of 6:00 a.m. on July 24, DOJI Group listed the price of gold rings at 117-119.5 million VND/tael (buy in - sell out), an increase of 400,000 VND/tael in both directions. The difference between buying and selling is 2.5 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 117.2-120.2 million VND/tael (buy - sell), an increase of 900,000 VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.
Phu Quy Gold and Stone Group listed the price of gold rings at 116.2-119.2 million VND/tael (buy in - sell out), an increase of 500,000 VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.
World gold price
The world gold price was listed at 22:30 on July 23 at 3,411.4 USD/ounce, down 13.5 USD compared to 1 day ago.
Gold price forecast
World gold prices fell slightly overnight, after reaching a 5-week high yesterday.
Gold is under profit-taking pressure from short-term traders. August gold contract decreased by 2.5 USD to 3,441.3 USD/ounce.
Asian and European stocks mostly increased overnight. The US stock market is expected to open up in today's session. Risk-taking sentiment in the market is rising after the US and Japan announced a major trade deal on Tuesday evening.
Accordingly, the US will impose a 15% tax on imports from Japan, including cars, while Japan will establish a fund of 550 billion USD to invest in the US. President Donald Trump called it the largest trade deal ever.
The Euro is trading near its highest level since August 2021, thanks to expectations of a trade deal between the US and the European Union. The EU has previously been informed that it is preparing response measures if negotiations fail before the August 1 deadline set by the US. Monetary traders are also watching the European Central Bank's monetary policy decision on Thursday, which is expected to keep interest rates unchanged after 8 consecutive cuts.
In China, the yuan has risen to 7.16 CNY/USD its highest in more than two weeks as investors watch US-China trade talks. US Treasury Secretary Bessent said the two sides will have a third high-level round of talks in Stockholm next week.
In other key markets, the USD Index increased slightly. Nymex crude oil prices have decreased and are around 65 USD/barrel. The yield on the 10-year US Treasury note is at 4.382%.
The US economic data released today includes: weekly MBA mortgage survey, existing home sales and DOE liquid energy inventory report.
Notable US economic data this week
This week's economic calendar will revolve around the European Central Bank (ECB) interest rate decision, along with a series of data on manufacturing and housing expected to be released.
Thursday, the market will receive a series of important information including the ECB's monetary policy decision, preliminary PMI data from S&P, US weekly jobless claims and new home sales.
The last notable data of the week is the US long-term orders report for June, released on Friday morning.
Note: Gold price data is compared to a day earlier.
See more news related to gold prices HERE...
