Gold price today June 22, 2025: Domestic and world gold prices increase due to bottom-fishing buying pressure

Domestic gold price today June 22, 2025

As of 4:30 a.m. on June 22, 2025, the domestic gold bar price is based on the closing price yesterday, June 21. Specifically:

DOJI Group listed the price of SJC gold bars at 117.7-119.7 million VND/tael (buy - sell), an increase of 300 thousand VND/tael 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 117.7-119.7 million VND/tael (buy - sell), an increase of 300 thousand VND/tael 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 118.7-119.7 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 200 thousand VND/tael for buying and 300 thousand VND/tael for selling.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 117.7-119.7 million VND/tael (buy - sell), the price increased by 300 thousand VND/tael in both buying and selling directions compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 117-119.7 million VND/tael (buy - sell), gold price increased by 300 thousand VND/tael in both buying and selling directions.

As of 4:30 a.m. on June 22, 2025, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 114.5-116.5 million VND/tael (buy - sell); the price increased by 500,000 VND/tael in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 114.5-117.5 million VND/tael (buy - sell); an increase of 200 thousand VND/tael in both buying and selling directions compared to yesterday.

The latest gold price list today, June 22, 2025 is as follows:

World gold price today June 22, 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 22, Vietnam time, was 3,367.98 USD/ounce. Today's gold price increased by 11.35 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,282 VND/USD), the world gold price is about 111.37 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 8.33 million VND/tael higher than the international gold price.

Last week, the world gold price decreased slightly as investors reacted to the US Federal Reserve’s (Fed) tough stance and the temporary stabilization of tensions in the Middle East. The combination of these two factors caused investors to take profits and reduce their gold holdings in each trading session.

Spot gold opened the week at $3,450.03 an ounce, also its highest level of the week. Just hours later, the price fell to $3,411 an ounce and continued to slide below $3,400 as North American markets began trading.

The following days saw no more sharp sell-offs, but gold prices failed to regain momentum. From Tuesday to Wednesday morning, prices fluctuated between $3,375 and $3,400 an ounce. By the end of Wednesday, the Fed's rate-keeping statement and forecasts had sent gold down to a new low for the week, $3,365 an ounce.

Gold prices fell to a new low of $3,350 an ounce early Thursday morning. However, this price attracted bottom-fishing buyers, helping gold recover to $3,377.

However, the rally was short-lived. After the North American market closed, Asia began to sell heavily. Gold prices quickly fell from $3,368 an ounce at 9 p.m. to $3,346, then continued to fall to a weekly low of $3,341 early Friday morning.

However, the market still had one last surprise. With concerns that the geopolitical situation could escalate over the weekend, many investors decided to increase their purchases again, causing the price of gold to jump sharply from $3,344 to $3,370 an ounce in just one hour on Friday morning.

From then until the end of the session, the price of gold remained almost unchanged, fluctuating within a narrow range of about 8 USD. This shows that investors are cautious, waiting for clearer signals from the market and monetary policy.

Adam Button, head of currency strategy at Forexlive.com, said that gold prices are now largely driven by geopolitical risks, especially tensions in the Middle East. He said gold is reflecting the fear of war, especially regarding Iran. According to him, knowing what will happen in the region will help predict where gold prices will go next.

In the short term, investors should not act hastily on conflict-related news, as markets can turn quickly.

Gold Price Forecast

In the latest Kitco News survey on gold prices next week, industry experts are divided, while retail investors are still slightly bullish on the possibility of gold prices rising.

In the weekly Kitco News gold survey, 16 Wall Street analysts gave their forecasts, with the market remaining neutral. Thirty-eight percent of experts said they expected gold prices to rise next week, while 31 percent said they expected prices to fall and the remaining 31 percent said they expected prices to be flat.

On the retail side, of the 258 people who participated in Kitco’s online survey, 54% expect gold prices to rise next week, 21% expect prices to fall and 25% expect prices to fluctuate in a narrow range. This suggests that the overall market sentiment is still slightly bullish, but not clear.

Adam Button, head of currency strategy at Forexlive.com, said that even if gold fails to surpass its April peak, the fact that prices are still in this range is a positive sign. In the long term, he said, factors such as trade wars, the US budget deficit and even the development of artificial intelligence will return to play a role in driving gold prices.

As for PCE inflation data due next week, Button said it is not a very important factor for gold prices. He explained that the US Federal Reserve's forecasts have made it clear that inflation is unlikely to return to the 2% target before 2027, so a monthly report is unlikely to change the picture.

Next week, the market's focus will shift from central bank interest rate decisions to the health of the US consumer, with a series of important data on housing, inflation and consumer confidence due to be released.

The week will start with the S&P June PMI on Monday, followed by the Consumer Confidence Index and testimony from Federal Reserve Chairman Jerome Powell before the House Financial Services Committee on Tuesday. The May new home sales report will be released on Wednesday, along with Powell's next Senate testimony.

Thursday will be a busy day for economic data, including weekly jobless claims, durable goods orders, pending home sales for May and the final report on first-quarter US GDP growth. Later in the week, on Friday morning, the PCE core inflation index will be released.

Gold prices are likely to continue to fall and retest medium-term lows next week, according to Marc Chandler, CEO of Bannockburn Global Forex. He said that despite rising tensions between Israel and Iran, gold prices have fallen against conventional expectations. Last week, gold prices fell 2.3%, the biggest weekly decline in five weeks.