Gold price today 13.7: Heavy loss of up to 2.5 million VND/tael after a week

Khương Duy |

Gold price today 13.7: Although domestic gold increased slightly last week, investors still suffered heavy losses due to the high difference between buying and selling.

SJC gold bar price

At the end of the trading session of the week, Saigon Jewelry Company SJC listed the price of SJC gold at 119.5-121.5 million VND/tael (buy in - sell out).

Compared to the closing price of the previous trading session (July 6, 2025), the price of SJC gold bars at Saigon Jewelry Company SJC increased by 600,000 VND/tael in both directions.

The difference between the buying and selling prices of SJC gold at Saigon Jewelry Company SJC is at 2 million VND/tael.

Dien bien gia vang mieng SJC nhung phien gan day. Bieu do: Phan Anh
SJC gold bar price movements in recent sessions. Chart: Phan Anh

Meanwhile, Bao Tin Minh Chau listed the price of SJC gold bars at VND 119.5-121.5 million/tael (buy in - sell out). Compared to a week ago, the price of SJC gold bars was adjusted by Bao Tin Minh Chau to increase by 600,000 VND/tael in both directions. The difference between buying and selling prices is at 2 million VND/tael.

If buying SJC gold at Bao Tin Minh Chau and Saigon Jewelry Company SJC in the session of July 6 and selling it in today's session (July 13), buyers will lose 1.4 million VND/tael.

9999 gold ring price

This morning, Bao Tin Minh Chau listed the price of gold rings at 116.2-119.2 million VND/tael (buy - sell); an increase of 500,000 VND/tael in both directions compared to a week ago. The difference between buying and selling is at 3 million VND/tael.

Dien bien gia vang nhan thoi gian gan day. Bieu do: Khuong Duy
Recent developments in gold ring prices. Chart: Khuong Duy

Phu Quy Gold and Stone Group listed the price of gold rings at 115.2-118.2 million VND/tael (buy - sell), an increase of 900,000 VND/tael in both directions compared to a week ago. The difference between buying and selling is 3 million VND/tael.

If buying gold rings in the session of July 6 and selling in today's session (July 13), buyers at Bao Tin Minh Chau will lose 2.5 million VND/tael, while the loss when buying in Phu Quy is 2.1 million VND/tael.

World gold price

At the end of the trading session of the week, the world gold price was listed at 3,354.8 USD/ounce, up 18.9 USD/ounce compared to the closing price of the previous trading session.

Dien bien gia vang the gioi nhung phien giao dich gan day. Bieu do: Phan Anh
World gold price developments in recent trading sessions. Chart: Phan Anh

Gold price forecast

The weekly gold survey of an international financial information platform shows that industry experts share a mix of optimism and neutrality on the short-term outlook for gold prices, while retail investors turn their backs on the upward trend.

Of the 15 experts participating in the survey, 7 predict gold prices will increase; 1 person believes prices will decrease, and the remaining 7 people believe that gold prices will go sideways.

Meanwhile, 231 people participated in Kitco's online survey. The majority of retail investors have previously been leaning towards an upward trend, and are now starting to fluctuate. There are 104 people predicting gold prices to increase, 63 people saying prices will decrease and 64 people saying prices will continue to move sideways next week.

Last week, gold prices fell on Monday and Tuesday, but the week is ending with a three-session rally, said Marc Chandler, managing director at Bannockburn Global Forex. US tariffs seem to have helped the precious metal recover. However, it is still unclear whether the accumulation process since the record peak of nearly $3,500/ounce has ended.

"Gold prices will increase" - Darin Newsom, senior market analyst at Barchart.com commented. "To the point that I no longer watch charts or news. As long as the situation in the US remains unchanged, gold will continue to be seen as a safe haven. Especially before weekends.

I will remain neutral on gold next week. The main factor is still what happens to the USD around tax or policy announcements, which is unpredictable, said Colin Cieszynski, chief market strategist at SIA Wealth Management.

Meanwhile, Daniel Pavilonis, senior commodities broker at RJO Futures, is analyzing the potential impact of the US budget bill on gold's rally.

Economic data to watch next week:

Tuesday: US Consumer Price Index (CPI), Empire State Manufacturing Survey.

Wednesday: US Producer Price Index (PPI).

Thursday: US retail sales, Philly Fed Manufacturing Survey, Weekly jobless claims.

Friday: Number of housing under construction in the US, University of Michigan Preliminary Consumer Confidence Index.

See more news related to gold prices HERE...

Khương Duy
TIN LIÊN QUAN

Updated gold price at the end of session 12.7: Gold rings and gold bars increase

|

Updated gold price at the end of session 12.7: Domestic gold increased by about 500,000 VND/tael. World gold also increased sharply.

Despite the spike in gold prices, experts warn of risks

|

Gold prices soared over the weekend. Experts warn that the precious metal's increase may be limited as the focus gradually shifts to other commodities.

Gold price today 7.12: Domestic gold increased to 1 million VND/tael

|

Gold price today 7.12: World gold increased sharply. Domestically, gold prices increased from 500,000 VND to 1 million VND/tael.

Young people with the dream of settling down in the cycle of house loan interest rates

|

With the end of fixed interest rate incentives, young people are worried about burdening with fluctuating debts, and owning their first home becomes even more difficult.

Cai Luong combines Chinese drama and Phuong My Chi's strategy in Sing! Asia

|

Phuong My Chi and Kha Lau brought a surprising performance when combining two art forms of Vietnam and China in Sing! Asia.

Gaza peace negotiations fall into a deadlock

|

The long-standing deadlock between demands for withdrawing troops from Gaza and returning hostages has left the negotiation process between Israel and Hamas in a deadlock.

Resolutely handle 11 illegal projects in Khanh Hoa in 2025

|

Khanh Hoa - According to the draft Resolution on double-digit economic growth targets, the Provincial Party Committee aims to complete the final handling of 11 illegal projects in 2025.

Updated gold price at the end of session 12.7: Gold rings and gold bars increase

Khương Duy |

Updated gold price at the end of session 12.7: Domestic gold increased by about 500,000 VND/tael. World gold also increased sharply.

Despite the spike in gold prices, experts warn of risks

Khương Duy |

Gold prices soared over the weekend. Experts warn that the precious metal's increase may be limited as the focus gradually shifts to other commodities.

Gold price today 7.12: Domestic gold increased to 1 million VND/tael

Khương Duy |

Gold price today 7.12: World gold increased sharply. Domestically, gold prices increased from 500,000 VND to 1 million VND/tael.