Gold price today June 19, 2025: Almost "motionless"

Gold price today June 19, 2025

At the time of survey at 4:30 a.m. on June 19, 2025, the gold price was listed by some businesses specifically as follows:

The price of SJC gold bars was listed by Saigon Jewelry Company Limited, Bao Tin Minh Chau, DOJI Group and PNJ at 117.6-119.6 million VND/tael (buy - sell), the price remained unchanged in both buying and selling directions compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 117-119.6 million VND/tael (buy - sell), gold price does not change in both buying and selling directions.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 118.5-119.5 million VND/tael for buying and selling. Compared to yesterday, the gold price decreased by 500,000 VND/tael for both buying and selling.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 118.5-119.5 million VND/tael for buying and selling. Compared to yesterday, the gold price remained unchanged in both buying and selling directions.

World gold price today June 19, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 am today, Vietnam time, was 3,382.17 USD/ounce. Today's gold price decreased by 0.05% compared to yesterday. Converted according to the USD exchange rate on the free market (26,329 VND/USD), the world gold price is about 107.3 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is about 12 million VND/tael higher than the international gold price.

Diễn biến giá vàng thế giới trong 24h qua. — World gold price movements in the past 24 hours.

Edward Meir, an analyst at Marex, said: “The market is moving sideways as everyone is waiting for the Fed’s move and the tension in the Middle East.”

In the Middle East, Iran's Supreme Leader Ayatollah Ali Khamenei has rejected former US President Donald Trump's call for unconditional surrender. Meanwhile, many Iranians are fleeing Tehran to escape increasingly fierce Israeli airstrikes.

The Fed is expected to keep interest rates unchanged in its policy decision due at 2 p.m. EDT. Investors will be watching Powell's speech for clues on the central bank's next direction.

Mr Trump has criticised Powell for predicting that he would not cut interest rates, saying his previous appointee had done a poor job.

Gold hit a session high of $3,451.04 on Monday, approaching a historic peak set in April. However, prices quickly lost momentum due to profit-taking pressure and a wait-and-see mentality.

Investors are now looking to other precious metals for opportunities, according to a note from Goldman Sachs. "We believe the recent rally in platinum and silver has been largely speculative and lacks fundamental support," Goldman said.

Spot silver fell 0.8% to $36.95 an ounce, after hitting its highest since February 2012. Platinum jumped 3.1% to $1,302.17 an ounce, its highest since February 2021. Palladium was little changed at $1,052.25 an ounce.

According to Tai Wong, an independent metals trader, “High gold prices are causing demand for gold jewelry in China to decline. Investors have high expectations that platinum will replace it. If demand in May remains strong or increases, platinum will continue to rise; if April is just a temporary phenomenon, prices will adjust sharply.”

Source: https://baohatinh.vn/gia-vang-hom-nay-1962025-gan-nhu-bat-dong-post290144.html