Gold price today July 22, 2025: Domestic and world gold prices increased beyond the highest level in the past 2 weeks

Domestic gold price today July 22, 2025

Gold price information as of 4:30 a.m. on July 22, 2025, domestic gold bar price according to the closing price yesterday, July 21. Specifically:

DOJI Group listed the price of SJC gold bars at 120-121.5 million VND/tael (buy - sell), an increase of 500 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 120-121.5 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 120.5-121.5 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 300 thousand VND/tael for both buying and selling.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 120-121.5 million VND/tael (buy - sell), the price increased by 500 thousand VND/tael in both buying and selling directions compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 119.2-121.2 million VND/tael (buy - sell), gold price increased 500 thousand VND/tael in buying direction - increased 200 thousand VND/tael in selling direction compared to yesterday.

As of 4:30 a.m. on July 22, 2025, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 116.1-118.6 million VND/tael (buy - sell); the price increased by 200,000 VND/tael in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 116.3-119.3 million VND/tael (buy - sell); the gold price increased by 200 thousand VND/tael in both buying and selling directions compared to yesterday.

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

World gold price today July 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 July 22, Vietnam time, was 3,394.89 USD/ounce. Today's gold price increased by 43.92 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,340 VND/USD), the world gold price is about 111.31 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 10.19 million VND/tael higher than the international gold price.

World gold prices rose sharply due to the US dollar and US government bond yields falling amid market concerns about trade negotiations. The US has set an August 1 deadline with no extension for countries to reach an agreement, otherwise they will face higher tariffs.

Specifically, spot gold price increased 1.31% to nearly 3,400 USD/ounce, while gold futures price in the US also increased 1.3% to 3,402.40 USD.

The DXY index fell 0.4%, making gold cheaper for investors using other currencies, while the yield on 10-year US government bonds also fell to its lowest level in more than a week.

The August 1 deadline is approaching, creating uncertainty in the market, which is supporting gold prices, said David Meger, director of metals trading at High Ridge Futures. The European Union (EU) is also considering countermeasures against the US as the prospect of a trade deal between the two sides becomes increasingly dim.

The market is predicting a 63% chance of the US Federal Reserve cutting interest rates in September. In addition, speculation about the replacement of Fed Chairman Jerome Powell and the restructuring of the Fed has also added to the market uncertainty. Gold is often considered a hedge against uncertainty and tends to increase in price when interest rates are low.

Data showed China, the world's largest gold consumer, imported just 63 tonnes of gold last month, the lowest since January. Its platinum imports in June also fell 6.1% from the previous month.

Besides gold, silver price increased 1.8% to 38.86 USD/ounce, platinum increased 2.2% to 1,453.17 USD and palladium increased sharply by 3.5% to 1,284.46 USD.

Gold price forecast

The world gold price may head towards the 3,425 USD/ounce mark in the short term. In the last 6 trading sessions, the gold price fluctuated between 3,326.10 and 3,389.30 USD/ounce. According to CPM's assessment, the gold price will likely continue to move between 3,320 and 3,400 USD in the next few sessions, but may surpass the 3,400 mark and approach the target of 3,425 USD.

Michael Moor, founder of Moor Analytics, is bullish on gold. He said that on longer time frames, gold has broken out from key multi-year resistance levels and is in a steady uptrend. In particular, recent technical signals suggest that the upside momentum still has a lot of room to run.

Specifically, Mr. Moor cited technical milestones showing that after each time the gold price broke through a certain price zone, the market often continued to increase by about 40 to 150 USD. Each such breakout created clear price targets, and in fact, the gold price has achieved these forecasted milestones many times in the short term.

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

While President Trump continues to pressure the Fed to cut interest rates, many central banks around the world are also likely to ease monetary policy. US tariffs are expected to force most of the 23 central banks tracked to adopt economic stimulus measures in the coming months, Bloomberg Economics said.

Technically, the bulls still have the short-term advantage in the gold market. Their next target is to push the price to close above the strong resistance at $3,400. The nearest resistance is at the July high ($3,389.20) and then $3,400.

Meanwhile, bears are aiming to push the price below the key support at the June low of $3,250.50. First support is the overnight low of $3,351, followed by last week's low of $3,314.30. The Wyckoff Market Rating Index currently stands at 6.5/10.