As of July 10, 2026, global gold prices have shown a notable recovery, bouncing back from previous lows and aiming for the psychological level of $4,200 per ounce. This upward trend follows a significant adjustment period, with gold recently stabilizing above $4,100 per ounce.

At 6:00 AM, Phu Quy Gold and Gemstone Group quoted the price of SJC gold bars at 145.3-149 million VND per tael (buy-sell), marking an increase of 300,000 VND per tael for buying and 500,000 VND per tael for selling. The difference between buying and selling prices stands at 3.7 million VND per tael. DOJI also reported SJC gold prices at 146-149 million VND per tael, reflecting a similar increase.

Meanwhile, the price of 9999 gold rings was listed at 145-148.5 million VND per tael, with a steady buying price and a 500,000 VND increase in selling price. Bảo Tín Minh Châu reported similar trends with slight variations in pricing.

Globally, gold was trading around $4,131.5 per ounce, up by $69.4. This increase is attributed to mixed economic signals from the United States, particularly concerning the housing market, which has shown signs of struggle. Existing home sales in June fell by 2.4%, leading to a temporary spike in gold prices as investors sought safe-haven assets.

Despite the recent gains, the short-term outlook for gold remains influenced by high U.S. bond yields and a strong dollar. The Federal Reserve's recent meeting minutes revealed a divided stance among policymakers regarding interest rate hikes, which could impact gold's upward momentum.

Geopolitical risks, particularly tensions involving the U.S. and Iran, continue to support safe-haven demand for gold. However, rising oil prices have sparked inflation concerns, pushing bond yields higher and somewhat limiting gold's price increase.

Looking ahead, investors are expected to closely monitor U.S. inflation data, labor market trends, and ongoing geopolitical tensions, as these factors will likely determine whether gold can maintain its position above $4,100 per ounce or enter a new phase of volatility.

For further updates on gold prices, stay tuned to our news coverage.