Specifically, at 10:25 a.m., Saigon Jewelry Company (SJC), DOJI Group listed the price of gold bars at 119.5 - 121.5 million VND/tael (buy - sell); keeping the listed price in both buying and selling directions unchanged compared to the closing price of last weekend (July 12).
Similarly, Bao Tin Minh Chau Company listed the price of gold bars and gold rings at 116.2 - 119.2 million VND/tael (buy - sell).
Saigon Jewelry Company SJC listed the price of gold rings at 115 - 117.5 million VND/tael (buy - sell).
DOJI Group listed the price of gold rings at 116 - 119 million VND/tael (buy - sell).
In Official Dispatch No. 104/CD-TTg dated July 6, 2025 on enhancing the effectiveness of monetary and fiscal policy management and organizing a preliminary review of the first 6 months of 2025, Prime Minister Pham Minh Chinh requested the State Bank to strengthen appropriate, timely and effective gold market management measures; urgently submit to the Government a Decree amending Decree No. 24/2012/ND-CP on gold trading management before July 15, 2025.
Recently, Deputy Governor of the State Bank Pham Thanh Ha said that the State Bank is synthesizing opinions from agencies and units to complete the draft Decree amending and supplementing a number of articles of Decree 24/2012/ND-CP on gold market management.
According to Deputy Governor Pham Thanh Ha, in the first months of the year, due to many objective factors, the world gold price continuously increased and broke previous records. Domestically, the SJC gold price moved in the same direction as the world gold price. With the synchronous solutions of the State Bank and coordination with functional agencies, by early April 2025, the difference between the domestic SJC gold bar price and the world gold price was controlled within a suitable range, at about 3-5 million VND/tael, equivalent to about 5-7%; at times it was only about 1 million VND/tael, equivalent to about 1-2%.
Along with the solutions for gold market management being implemented and to adapt to the new market context, the State Bank has urgently researched, proposed and received approval from the Prime Minister to develop a Decree amending and supplementing a number of articles of Decree 24/2012/ND-CP on gold market management according to simplified procedures. In early June, the State Bank sent an official dispatch to relevant ministries, branches and units to solicit opinions and the draft Decree has also been posted on the State Bank's electronic information portal for comments.
Providing further information on the amendment of Decree 24, Mr. Dao Xuan Tuan, Director of the Foreign Exchange Management Department - State Bank, said that the State Bank has institutionalized the instructions and has widely solicited opinions on the mass media about the draft Decree.
On the world market at the end of the trading session on July 11, the spot gold price increased by 1% to 3,356.93 USD/ounce, after reaching its highest level since June 24, 2025.
Asian gold prices in the morning trading session on July 14 at times increased to a three-week high due to the strong demand for asset preservation after US President Donald Trump announced a 30% tax on imports from the European Union (EU) and Mexico.
At 8:34 a.m. on July 14 (Vietnam time), spot gold rose 0.2% to $3,361.19 an ounce, after hitting its highest level since June 23 earlier in the session. US gold futures also rose 0.4% to $3,376 an ounce.
“Safe-haven demand has returned due to the uncertainty over US tariffs,” said Kelvin Wong, senior market analyst at financial services firm OANDA. “The short-term outlook for gold remains positive. If gold closes above $3,360 an ounce, it could continue to rise to the next resistance level at $3,435 an ounce.”
Source: https://baolaocai.vn/gia-vang-trong-nuoc-giu-muc-1215-trieu-dongluong-post648686.html
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