Gold price today June 19, 2025: Domestic and world gold prices are still waiting for economic information from the US

Domestic gold price today June 19, 2025

As of 4:30 a.m. on June 19, 2025, the domestic gold bar price is based on the closing price yesterday, June 18. Specifically:

DOJI Group listed the price of SJC gold bars at 117.6-119.6 million VND/tael (buy - sell), the price remained 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 117.6-119.6 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 118.5-119.5 million VND/tael for buying and selling. Compared to yesterday, the gold price remained unchanged in both buying and selling directions.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 117.6-119.6 million VND/tael (buy - sell), the price remains unchanged in both buying and selling directions compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 117-119.6 million VND/tael (buy - sell), gold price does not change in both buying and selling directions.

As of 4:30 a.m. on June 19, 2025, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 115-117 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 114.8-117.8 million VND/tael (buy - sell); down 200 thousand VND/tael in both buying and selling directions compared to yesterday.

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

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

According to Kitco, the world gold price recorded at 4:30 a.m. on June 19, Vietnam time, was 3,382.17 USD/ounce. Today's gold price decreased by 1.68 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,243 VND/USD), the world gold price is about 111.69 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 7.91 million VND/tael higher than the international gold price.

World gold prices were almost flat as investors paused trading to await policy decisions from the US Federal Reserve (Fed) and a speech by Chairman Jerome Powell. Meanwhile, platinum prices rose sharply, reaching their highest level in more than four years.

Specifically, the spot gold price decreased slightly by 0.1% to 3,386.1 USD/ounce. The gold futures price in the US also decreased by the same amount, to 3,403.5 USD/ounce. According to expert Edward Meir from Marex, the market is in a state of inaction as everyone is focusing on the Fed's decision and new developments in the Middle East.

In the region, Iran's Supreme Leader Ayatollah Ali Khamenei has rejected US President Donald Trump's demand for unconditional surrender. At the same time, intense Israeli airstrikes have forced Iranians to flee the capital Tehran, further increasing regional instability.

The Fed is expected to keep interest rates unchanged in its policy announcement at 2 p.m. US time. However, investors will still closely watch Mr. Powell's speech for clues on the policy direction in the coming time. President Trump is also not satisfied with the possibility of the Fed continuing to keep interest rates unchanged, and criticized Mr. Powell for this.

Gold prices typically benefit from low interest rates and rising geopolitical tensions. However, after peaking at $3,451.04 an ounce on Monday, near the record set in April, the current rally has stalled.

In a new report, Goldman Sachs said investor interest is shifting to other precious metals, particularly silver and platinum, in search of new opportunities for profit. However, the bank also warned that the recent rally in the two metals is more speculative than based on solid fundamentals.

High gold prices are dampening demand for gold jewelry in China, and platinum is expected to be a substitute, said trader Tai Wong. If platinum demand remains strong in May, prices could rise further. On the other hand, if April's high consumption is just a temporary phenomenon, the market could soon correct sharply lower.

Spot silver fell 0.8% to $36.95 an ounce, having earlier hit its highest since February 2012. Platinum, on the other hand, jumped 3.1% to $1,302.17 an ounce, its highest since February 2021.

Gold price forecast

Despite the risk of the conflict between Israel and Iran widening and drawing in the US, gold prices have yet to react strongly. According to expert David Morrison of Trade Nation, the market seems to be betting that this is just a short-term confrontation that will bring relative stability to the Middle East, a rather optimistic assessment that leaves open the possibility of deep US intervention.

The Fed's two-day meeting concludes later today, and most forecasts suggest the US central bank will keep interest rates unchanged. But what investors are really interested in are signals regarding whether there will be a rate cut in the near future.

Traders are still cautious and are not rushing to act until they get information from the Fed meeting, said analyst Ricardo Evangelista of brokerage firm ActivTrades. At the same time, a slight increase in risk-on sentiment in the stock market is also reducing the appeal of safe-haven gold.

However, there are still many factors that support gold prices in the long term. Even if gold prices may fall slightly in the next six months, strong buying from central banks and Chinese investors will help keep prices from falling below $3,000 an ounce, according to Hamad Hussain of Capital Economics.

If the Fed takes a more dovish stance than expected after new inflation data, gold could benefit greatly, says FXTM expert Lukman Otunuga. This scenario could push gold prices past the record $3,500 mark, especially if supported by geopolitical factors. Conversely, if the Fed does not hint at a rate cut, gold's appeal will wane as investors adjust their expectations.

Regarding technical analysis, Mr. Otunuga said that the gold uptrend is still intact, with the key level at 3,430 USD. If gold closes the week above this level, the possibility of surpassing 3,500 USD will be very high. But if the price fails to hold this area, it may turn around and fall to around 3,400 USD or lower, around 3,360 USD.

In addition, Comerica Bank chief economist Bill Adams said that in May, three important indicators reflecting the health of the US economy, including retail sales, industrial production and the number of new homes built, all fell compared to expectations. This shows that the US economy may be slowing down this quarter, although GDP may still increase thanks to the decline in imports after the period of stockpiling goods before the imposition of tariffs.

Mr. Adams said the FED is facing a dilemma. The economy and labor market are showing signs of slowing, but inflation has not yet cooled down clearly. In this situation, the FED is likely to keep its policy unchanged and wait for new economic data, in line with the 'wait and see' message that Chairman Jerome Powell has previously emphasized.