Gold price today June 21, 2025: Almost flat

(Baohatinh.vn) - Gold price today June 21, 2025: Gold price is almost flat and is on track to record a weekly decline after US President Donald Trump decided to delay making a decision regarding the possibility of participating in the conflict between Israel and Iran.

Domestic gold price today June 21, 2025

At the time of survey at 4:30 a.m. on June 21, 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 117.4-119.4 million VND/tael (buy - sell), the price remained unchanged in both buying and selling directions compared to yesterday.

SJC gold price in Phu Quy is traded by businesses at 116.7-119.4 million VND/tael (buy - sell), gold price decreased 100,000 VND/tael in buying - unchanged in selling.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 118.5-119.4 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 100,000 VND/tael for buying - unchanged for selling.

Gold price today June 21, 2025. Illustration photo

World gold price today June 21, 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 at 3,367.43 USD/ounce. Today's gold price increased by 0.03% compared to yesterday. Converted according to the USD exchange rate on the free market (26,290 VND/USD), the world gold price is about 106.7 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is about 12.7 million VND/tael higher than the international gold price.

World gold price movements in the past 24 hours.

Tai Wong, an independent metals trader, said: “Gold is holding steady as Trump backtracks on his comments about an imminent attack on Iran. It seems like all the bad news has been priced in. A pullback to $3,250 an ounce is possible, but recent dips have been quickly bought into by strong buy-ins on this rally.”

The White House said President Trump will decide within two weeks whether the United States will intervene in the airstrikes between Israel and Iran, adding to pressure on Tehran to enter negotiations.

Gold has long been seen as a hedge against political and economic uncertainty. However, its outlook is also being influenced by monetary policy. The US Federal Reserve decided to keep interest rates unchanged on Wednesday. While policymakers still expect to cut rates by a total of 0.5 percentage points this year, the pace of subsequent cuts will be slower, at 0.25 percentage points per year over 2026-2027.

A high interest rate environment is generally unfavorable for gold, as the precious metal does not generate interest. However, according to expert Carsten Menke of Julius Baer bank: “We still see strong demand from investors seeking safe havens and from central banks, which will be a solid support for gold prices in the current range.”

Meanwhile, spot silver fell 1.1% to $35.98 an ounce and was down 0.8% for the week. Palladium lost 0.7% to $1,043.28 an ounce but was still up 1.7% for the week. Platinum fell 2.5% to $1,268.58 an ounce but still posted its third consecutive weekly gain.

Source: https://baohatinh.vn/gia-vang-hom-nay-2162025-gan-nhu-di-ngang-post290298.html