Gold price today July 21, 2025: Domestic and world gold prices have a week of price decline, but the outlook this week is very positive

Domestic gold price today 7/21/2025

Information on gold prices accurate to 4:30 a.m. on July 21, 2025, domestic gold bar prices decreased slightly last week. Specifically:

DOJI Group listed the price of SJC gold bars at 119.5-121 million VND/tael (buy - sell), the price remained unchanged in both buying and selling directions compared to yesterday. The gold price also remained the same for buying but decreased by 500 thousand VND/tael for selling compared to the same period last week (July 13, 2025).

At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 119.7-121.2 million VND/tael (buy - sell), an increase of 200 thousand VND/tael for buying - a decrease of 300 thousand VND/tael for selling compared to the same period last week (July 13, 2025).

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 120.2-121.2 million VND/tael for buying and selling. Compared to last week, the gold price increased by 400 thousand VND/tael for buying and decreased by 100 thousand VND/tael 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 has not changed in both buying and selling directions compared to yesterday. Compared to last week (July 13, 2025), the price has not changed in buying direction - decreased by 500 thousand VND/tael in selling direction.

SJC gold price in Phu Quy is traded by businesses at 118.7-121 million VND/tael (buy - sell), gold price increased by 300 thousand VND/tael in buying direction - unchanged in selling direction compared to yesterday. Gold price decreased by 100 thousand VND/tael in buying direction - decreased by 500 thousand VND/tael in selling direction compared to last week

As of 4:30 a.m. on July 21, 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; the price decreased by 100,000 VND/tael for buying - decreased by 600,000 VND/tael for selling compared to last week.

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 gold price decreased by 100 thousand VND/tael in both buying and selling directions compared to last week.

The latest gold price list today, July 21, 2025 is as follows:

World gold price today 7/21/2025 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 July 21, Vietnam time, was at 3,350.97 USD/ounce. Today's gold price remained unchanged compared to yesterday, down 14.51 USD/ounce compared to last week. 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 11.33 million VND/tael higher than the international gold price.

Veteran analyst Jim Wyckoff from Kitco said that gold prices will likely continue to move sideways in a narrow range next week. He described the market as currently in the summer sleepy period, a time when trading is not too active due to the lack of major economic news that can create a breakthrough.

At the time of update at 4:30 a.m. on July 21, the spot gold price reached 3,350.97 USD/ounce, down slightly by 0.43% during the week. This is still a signal that gold maintains its position in the high price zone, ready for the next increase if a new catalyst from the market or the macro economy appears.

According to expert Sean Lusk, Director of Walsh Trading Company, the main reason why gold prices are still at high levels today does not come from geopolitical or economic factors, but mainly due to tensions between President Donald Trump and Chairman of the US Federal Reserve (Fed) Jerome Powell.

Mr Lusk said gold prices were ready for a correction, but rumors that Mr Powell could be forced to resign have kept investors holding onto gold as a temporary safe haven.

He also said that geopolitical factors are not the main driver of gold's price increase at the moment. If there were really big concerns about the global situation, crude oil prices would have increased sharply, while oil is currently stable.

In fact, although the price of gold dropped to $3,250/ounce at one point, it quickly recovered to $3,290, showing some buying power in the short term. However, if we look back, in November last year, the price of gold was only $2,541/ounce and at the end of the year it was $2,641, meaning the current price has increased quite a bit.

Lusk asks: 'Now that the market has digested the tariff news, is there any compelling reason for gold to move higher?' Stock and bond markets appear to have settled into the new tax policy, and major banks are remaining cautious and not rushing into gold.

According to Sean Lusk, there is not enough momentum to push gold higher, especially when financial markets are relatively stable and no longer reacting strongly to old information. Unless there is a new policy or geopolitical push, gold is likely to continue to trade around its current range, rather than establishing a clear uptrend.

Gold Price Forecast

According to experts from CPM Group, gold is expected to increase in price in the short term. They just issued a buy recommendation on July 10 when the price of gold was at $3,328.50/ounce, with an initial target of $3,375. This forecast quickly became a reality just one day later when gold increased to $3,381.60.

Over the past six trading sessions, gold has fluctuated between $3,326.10 and $3,389.30 per ounce. According to CPM, gold is likely to continue to move between $3,320 and $3,400 in the next few sessions, but could break above $3,400 and approach the target of $3,425 between now and mid-August.

Michael Moor of Moor Analytics also has a positive view on gold prices. He said that in the long term, gold prices have broken out from important resistance levels over the past years and are in a steady uptrend. In particular, recent technical signals show that the upward momentum still has a lot of room to grow.

However, he also warned that if gold prices fall below $3,321.5 an ounce, there could be a correction of about $65.

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

Marc Chandler, CEO of Bannockburn Global Forex, said that gold prices are likely to rise in the coming days. According to him, the US dollar and short-term interest rates in the US may have ended their correction, creating conditions for gold prices to recover.

Gold has not broken above $3,400 an ounce for about a month, but if it does break above that level next week it would be a confirmation signal of a resumption of the uptrend, Chandler said.

He also recommended that investors keep an eye on a key trendline drawn between the record high of nearly $3,500 an ounce and the June high of around $3,451 an ounce. This trendline started the week around $3,430 an ounce and could slide slightly to $3,425 an ounce by the end of the week. If gold can break through this line, the rally will become more credible.