Editor’s Note
This analysis examines the factors influencing gold prices on June 23, 2025, and the potential for a recovery toward record highs. As always, investors should monitor key economic data, particularly from the U.S., to gauge the market’s direction.
Gold prices on June 23, 2025, may fluctuate due to economic and political factors. Will gold recover its all-time high? Closely monitor U.S. data to predict the trend.
As of June 22, 2025, the survey date, domestic gold prices showed a sideways trend among major brands, with no significant changes compared to the previous day. Specifically:
- The price of SJC gold bars in Hanoi is quoted at 117.7 million VND/tael (buying price) and 119.7 million VND/tael (selling price), unchanged from the previous session.
- The DOJI Group also recorded similar prices, with buying and selling prices of 117.7 million VND/tael and 119.7 million VND/tael respectively, indicating market stability.
- Mi Hong Gold and Gemstone Company quoted the buying price at 119 million VND/tael and the selling price at 119.7 million VND/tael, unchanged from yesterday.
- PNJ recorded the gold buying price at 113.7 million VND/tael and the selling price at 116.5 million VND/tael, remaining unchanged compared to the previous session.
- Vietinbank Gold set its selling price at 119.7 million VND/tael, unchanged. The buying price was not disclosed.
- Bao Tin Minh Chau recorded gold buying and selling prices at 117.7 million VND/tael and 119.7 million VND/tael respectively, unchanged.
- Finally, the gold price at Phu Quy remained unchanged from the previous session, with a buying price of 117 million VND/tael and a selling price of 119.7 million VND/tael.
In general, the latest gold prices as of June 22, 2025, show a sideways movement among major brands, reflecting stability in the domestic gold market.
At 16:00 on June 22, 2025 (Vietnam time), the spot gold price was 3367.09 USD/ounce. Today’s price decreased by 4.41 USD/ounce compared to yesterday. Converted at the Vietcombank USD exchange rate (26,282 VND/USD), the global gold price is approximately 111.02 million VND/tael (excluding taxes and fees). Compared to the domestic SJC gold bar price on the same day (117.4-119.4 million VND/tael), the current SJC gold price is approximately 8.68 million VND higher than the international gold price.
