Gold price this afternoon July 15, 2025: Domestic and world gold prices suddenly dropped sharply after a sharp increase last night

Domestic gold price today 7/15/2025

As of 4:30 p.m. on July 15, 2025, the domestic gold bar price suddenly dropped sharply compared to yesterday. Specifically:

DOJI Group listed the price of SJC gold bars at 119.1-121.1 million VND/tael (buy - sell), a decrease of 400 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 119.1-121.1 million VND/tael (buy - sell), a decrease of 400 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 120-121 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 500 thousand VND/tael for buying and remained unchanged for selling.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by the enterprise at 119.1-121.1 million VND/tael (buy - sell), the price decreased by 400 thousand VND/tael in both buying and selling directions compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 118.4-121.1 million VND/tael (buy - sell), gold price decreased 400 thousand VND/tael in both buying and selling directions compared to yesterday.

As of 4:30 p.m. on July 15, 2025, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 115.6-118.6 million VND/tael (buy - sell); the price decreased by 400,000 VND/tael in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 115.8-118.8 million VND/tael (buy - sell); the gold price decreased by 400 thousand VND/tael in both buying and selling directions compared to yesterday.

The latest gold price list today, July 15, 2025 is as follows:

World gold price today July 15, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 p.m. on July 15, Vietnam time, was 3,363.06 USD/ounce. Today's gold price decreased by 3.55 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,310 VND/USD), the world gold price is about 110.16 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 10.94 million VND/tael higher than the international gold price.

Last night, the world gold price suddenly increased sharply due to the increased risk aversion as the market entered the beginning of the week. The demand for precious metals such as gold pushed the price up. However, the increase did not last long because many investors quickly took profits after the price increased.

Spot gold fell 0.5 percent. U.S. gold futures edged up 0.39 percent to $3,370.40. The dollar weakened 0.1 percent, making gold cheaper for buyers using other currencies.

Han Tan, market analyst at Nemo.Money, commented: "Gold prices increased slightly due to the USD's decline today. Currently, gold is supported by many factors, including expectations of the US Federal Reserve (Fed) to cut interest rates, tariff threats from US President Donald Trump, along with persistent geopolitical and economic risks."

The European Union (EU) has accused the US of failing to cooperate in negotiating a trade deal and warned of retaliation if the two sides fail to reach an agreement by August 1, when Mr Trump is expected to impose punitive tariffs.

Earlier, President Trump continued to escalate the trade war by announcing a 30% tariff on most imports from the EU and Mexico, after issuing similar warnings to other trading partners.

The US consumer price index (CPI) report, which can help investors predict the Fed's monetary policy in the coming period, is expected to show a slight increase in US inflation in June, marking the beginning of the tariff-induced price increase, which has made the Fed cautious in deciding to cut interest rates. Currently, the market expects the Fed to cut interest rates by a total of 48 basis points this year, starting in October.

Spot silver rose 0.5 percent to $38.31 an ounce, after hitting its highest since September 2011. Meanwhile, platinum rose 0.2 percent to $1,366.30 an ounce, while palladium edged down 0.3 percent to $1,189.69.

Gold Price Forecast

"After the recent strong rally, the market is witnessing a strong wave of profit-taking. However, in the long term, the outlook for gold remains quite stable," said Bart Melek, head of commodity strategy at TD Securities.

In the latest developments, the European Union (EU) and South Korea said they are actively negotiating trade with the US. These moves could impact global financial markets, including gold prices.

In addition, investors are focusing on waiting for important economic data from the US, including the consumer price index (CPI) and the producer price index (PPI), scheduled to be released on Wednesday. These figures will help predict the possibility of monetary policy adjustments by the US Federal Reserve (Fed) in the coming time.

US President Donald Trump has once again expressed his desire for the Fed to lower interest rates, which is seen as a positive factor for gold prices. "When Trump keeps calling for lower interest rates, this will be favorable for gold, because low interest rates tend to weaken the US dollar, making gold more attractive," Melek explained.

China's exports rose 5.8% year-on-year in June, up from 4.8% in May, according to the latest data. Imports also rose 1.1% after falling 3.4% in the previous month. These signals suggest that the world's second-largest economy is showing signs of recovery, which could also indirectly affect the gold market.

Technically, the buyers have the upper hand in the short term for August gold futures. If the price breaks above the strong resistance at $3,400/ounce, the upward momentum could continue.

Currently, the nearest support level is at $3,367/ounce, followed by $3,350/ounce. Meanwhile, the first resistance level to watch is at $3,389.3/ounce, followed by $3,400/ounce.

Quoc Duong