Gold price on the afternoon of July 19, 2025: Domestic and world gold prices remain high

Domestic gold price today 7/19/2025

As of 3:30 p.m. on July 19, 2025, the domestic gold bar price remained at a high level compared to yesterday. Specifically:

The price of SJC gold bars listed by DOJI Group is at 119.5-121 million VND/tael (buy - sell), the price remains unchanged in both buying and selling directions compared to yesterday.

At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 119.5-121 million VND/tael (buy - sell), the price remained unchanged in both buying and selling directions compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 119.8-121 million VND/tael for buying and selling. Compared to yesterday, the gold price decreased by 200 thousand VND/tael for buying - unchanged for selling.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 119.5-121 million VND/tael (buy - sell), the price remains unchanged in both buying and selling directions compared to yesterday.

SJC gold price in Phu Quy is traded by businesses at 118.7-121 million VND/tael (buy - sell), gold price increased 300 thousand VND/tael in buying direction - unchanged in selling direction compared to yesterday.

As of 3:30 p.m. on July 19, 2025, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 115.9-118.4 million VND/tael (buy - sell); the price remained unchanged in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 116.1-119.1 million VND/tael (buy - sell); the gold price remained unchanged in both buying and selling directions compared to yesterday.

The latest gold price list today, July 19, 2025 is as follows:

World gold price today July 19, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 3:30 p.m. on July 19, Vietnam time, was 3,350.97 USD/ounce. Today's gold price decreased by 14.33 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,340 VND/USD), the world gold price is about 109.87 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 11.13 million VND/tael higher than the international gold price.

World gold prices last week were almost flat, neither increasing nor decreasing sharply. Although spot gold prices decreased slightly by 0.09% compared to last week, they remained stable above the $3,300/ounce mark, ending the week at around $3,350/ounce.

One reason why gold has not been able to rise is because the US dollar has shown signs of rising again, reaching a three-week high. The reason is that recent US economic data has been quite positive, and inflation remains high, making the US Federal Reserve (Fed) more cautious about cutting interest rates.

According to expert Aaron Hill, if the USD continues to strengthen, especially when Mr. Trump's trade policy makes the market more unstable, gold may face the risk of a strong correction, possibly even falling below the $3,000/ounce mark.

However, there are still opinions that the possibility of a deep decline is not high in the short term, because gold is still showing its ability to withstand the context of rising bond yields and a strong USD.

Expert Christopher Vecchio commented that although gold has not yet increased in value compared to the USD, it is increasing in value when converted into other currencies such as the Euro, British Pound, Canadian Dollar or Australian Dollar. This shows that gold is not losing value, but is only being affected by the strength of the USD alone.

Mr. Naeem Aslam believes that if the US economy does not decline sharply, the Fed will not rush to cut interest rates, causing the USD to continue to increase. This is not beneficial for gold prices. However, expert Vecchio believes that gold prices will still maintain support around 3,200 USD/ounce, because fundamental factors such as central banks continuing to buy gold, and global geopolitical instability has not cooled down.

Another long-term factor to consider is that the confrontation between President Donald Trump and Fed Chairman Jerome Powell could increase market volatility. If confidence in US financial institutions declines, the role of the US dollar as an international reserve currency could also be affected, making gold and alternative assets like Bitcoin more attractive.

Investors will be closely watching the European Central Bank (ECB) monetary policy meeting next week. In addition, many important economic data from the US will be released, including the number of new homes sold, the number of unemployment benefits, the manufacturing PMI index and durable goods orders. This information may create fluctuations in gold prices in the coming time.

Gold Price Forecast

According to the latest Kitco News Gold Survey, industry experts are divided on the direction of the gold market next, while retail investors are back in the bullish mood after a week of hesitation.

Fifteen Wall Street experts participated in this week’s survey, with only one holding a bearish view, while eight (53%) said prices would continue to rise next week. The remaining six (40%) predicted that gold prices would remain flat, with little change.

On the consumer side, Kitco’s online survey of 223 participants found that the majority of retail investors still believe that gold prices will continue to rise. Specifically, 138 people (62%) predict that gold prices will increase next week, while only 38 people (17%) think that gold will decrease. The remaining 21% believe that prices will continue to move sideways.

Darin Newsom at Barchart.com said he still sees gold prices rising. 'Nothing has changed. Uncertainty remains the main driver of markets, while the Fed's next monetary policy meeting is approaching. Current forecasts suggest the Fed will keep rates unchanged at least until October.

However, experts at Commerzbank are more cautious, noting that the gold rally is showing signs of slowing down. Despite a significant weakening of the US dollar, gold has yet to break above $3,400 an ounce. Meanwhile, other precious metals such as silver, platinum and palladium have rallied, suggesting that investors may be turning to alternatives.

Contrary to the reservations of some organizations, Mr. Rich Checkan, President of Asset Strategies International, said that many current factors are supporting the upward trend of gold prices. According to him, the uncertainty surrounding the position of the Fed Chairman, the tension in the Middle East, Asia and Europe, and the weakening trend of the US dollar are factors that make gold more attractive.

James Stanley at Forex.com also said that gold has responded positively to technical support levels and there is no sign yet that the sellers are in control of the market. He predicted that next week, the market will gradually form expectations for a possible interest rate cut in September, when the Fed meets.

According to Adrian Day, Chairman of Adrian Day Asset Management, gold prices are maintaining remarkable stability in the context of global political, policy and economic instability. This shows that gold is still a popular haven, and when economic conditions change in an unfavorable direction, the possibility of gold rising sharply again is entirely possible./.