Update gold price trend today
Update gold price today 1/8/2025 latest in domestic market
As of 6:00 p.m. on August 1, 2025, the latest gold price today, August 1, 2025 in Hanoi , Ho Chi Minh City and Da Nang recorded a slight increase in some major brands, while most remained unchanged compared to the previous trading session.
SJC gold price continues to move sideways, DOJI increases slightly to maintain peak of 121.4 million VND/tael
Specifically, the price of SJC gold bars in Hanoi is listed at 119.9 million VND/tael (buy) and 121.4 million VND/tael (sell), unchanged from early this morning.
Meanwhile, DOJI adjusted up 200 thousand VND/tael in both directions, reaching 119.9 million VND/tael (buy) and 121.4 million VND/tael (sell), reflecting a slightly optimistic sentiment in the market.
Gold prices of other major brands mostly remained stable, except for Mi Hong's sharp increase.
At Mi Hong, today's gold price on August 1, 2025 recorded a remarkable increase, with the buying price reaching 120.4 million VND/tael (up 300 thousand VND/tael) and the selling price at 121.4 million VND/tael (up 200 thousand VND/tael) compared to the previous session.
On the contrary, PNJ and Bao Tin Minh Chau maintained the same price, listed at 119.9-121.4 million VND/tael (buy - sell) respectively.
Vietinbank Gold Group continues to keep the price of gold bars at 121.4 million VND/tael (selling), unchanged from early this morning.
Phu Quy recorded the buying and selling prices remaining the same at 119.4 million VND/tael, the selling price remained at 121.4 million VND/tael, with the difference between buying and selling at 2 million VND/tael.
The price of 9999 gold rings today is about 118.5 million VND/tael
As of 6:00 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 116.0-118.5 million VND/tael (buy - sell); an increase of 200,000 VND/tael in both buying and selling directions compared to yesterday. The difference between buying and selling prices is at 2.5 million VND/tael.
The price of plain gold rings today, August 1, 2025, is stable at Bao Tin Minh Chau and Phu Quy, decreasing slightly.
Bao Tin Minh Chau listed the price of gold rings at 116.2-119.2 million VND/tael (buy - sell); unchanged in both buying and selling directions compared to early this morning. The difference in buying and selling prices is at 3 million VND/tael.
Phu Quy Gold and Gemstone Group listed the price of gold rings at 114.9-117.9 million VND/tael (buy - sell), down 100 thousand VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.
Gold price list today August 1, 2025 in Vietnam in detail
| Gold price today | ||||
|---|---|---|---|---|
| Buy | Sell | |||
| SJC in Hanoi | 119.9 | - | 121.4 | - |
| DOJI Group | 119.9 | ▲200K | 121.4 | ▲200K |
| Red Eyelashes | 120.6 | ▲500K | 121.4 | ▲200K |
| PNJ | 119.9 | - | 121.4 | - |
| Vietinbank Gold | 121.4 | - | ||
| Bao Tin Minh Chau | 119.9 | - | 121.4 | - |
| Phu Quy | 119.4 | - | 121.4 | - |
| 1. DOJI - Updated: August 1, 2025 18:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 119,900 ▲200K | 121,400 ▲200K |
| AVPL/SJC HCM | 119,900 ▲200K | 121,400 ▲200K |
| AVPL/SJC DN | 119,900 ▲200K | 121,400 ▲200K |
| Raw material 9999 - HN | 108,500 ▲200K | 109,500 ▲200K |
| Raw material 999 - HN | 108,400 ▲200K | 109,400 ▲200K |
| 2. PNJ - Updated: August 1, 2025 18:00 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 119,900 | 121,400 |
| Hanoi - PNJ | 119,900 | 121,400 |
| Da Nang - PNJ | 119,900 | 121,400 |
| Western Region - PNJ | 119,900 | 121,400 |
| Central Highlands - PNJ | 119,900 | 121,400 |
| Southeast - PNJ | 119,900 | 121,400 |
| 3. AJC - Updated: 08/01/2025 18:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| Jewelry 99.99 | 11,250 ▼20K | 11,700 ▼20K |
| 99.9 Jewelry | 11,240 ▼20K | 11,690 ▼20K |
| NL 99.99 | 10,710 ▼20K | |
| Round ring not sealed in blister T.Binh | 10,710 ▼20K | |
| Round, 3A, Yellow T.Bình | 11,460 ▼20K | 11,760 ▼20K |
| Round, 3A, Yellow N.An | 11,460 ▼20K | 11,760 ▼20K |
| Round N., 3A, Yellow Street, Hanoi | 11,460 ▼20K | 11,760 ▼20K |
| SJC Thai Binh pieces | 11,970 ▼20K | 12,120 ▼20K |
| SJC Nghe An pieces | 11,970 ▼20K | 12,120 ▼20K |
| SJC Hanoi Piece | 11,970 ▼20K | 12,120 ▼20K |
| 4. SJC - Updated: 1/8/2025 18:00 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 119,900 | 121,400 |
| SJC gold 5 chi | 119,900 | 121,420 |
| SJC gold 0.5 chi, 1 chi, 2 chi | 119,900 | 121,430 |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 114,600 | 117,100 |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 114,600 | 117,200 |
| Jewelry 99.99% | 114,600 | 116,500 |
| Jewelry 99% | 110,846 | 115,346 |
| Jewelry 68% | 72,477 | 79,377 |
| Jewelry 41.7% | 41,835 | 48,735 |
Update gold price today August 1, 2025 latest on the world market
World gold price, at 6:00 p.m. on August 1, 2025 (Vietnam time), the world spot gold price was at 3,298.9 USD/ounce. Today's gold price increased by 10.4 USD. Converted according to the USD exchange rate at Vietcombank (26,380 VND/USD), the world gold price is about 109.23 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (119.9-121.4 million VND/tael), the current SJC gold price is about 12.17 million higher than the international gold price.
On August 1, 2025, the world gold price remained stable, but was on track to record its third consecutive week of decline. This may seem confusing, but in fact, there are many economic factors that are strongly affecting the gold market. Specifically, a stronger US dollar and expectations that the US Federal Reserve (Fed) will not cut interest rates soon have made gold less attractive.
One of the main reasons for the decline in gold prices is the strengthening of the US dollar. When the dollar strengthens, gold becomes more expensive for holders of other currencies, reducing demand. In addition, recent US economic data such as GDP, unemployment figures and personal consumption expenditures (PCE) index all show that the economy is still stable.
This reinforces the Fed's view that it is in no rush to cut interest rates. Last week, the Fed kept interest rates high and dampened market expectations for a rate cut in September.
However, there are still some supportive factors for gold prices, preventing the precious metal from falling further. Concerns about US trade policies, especially President Donald Trump's heavy tariffs on many trading partners, have created uncertainty for the global economy.
In that context, gold is often considered a "safe haven" and attracts investors. Moreover, the increase in inflation in the US due to these tax policies also makes some investors look to gold as a way to protect assets.
Another factor investors are watching is the US jobs report due later in the day, which will provide further clues on the Fed's policy direction. If the data shows a weakening job market, it could increase expectations for future rate cuts by the Fed, which could support gold prices. However, the gold market is still under pressure at the moment, with silver, platinum and palladium all falling.
Gold price forecast August 2, 2025
Gold prices on August 2, 2025 are expected to have certain fluctuations, after the world gold price experienced a rather gloomy trading week. Despite many market uncertainties, international gold prices are still under great pressure and ended the week with a downward trend. This directly affects domestic gold prices and makes many people hesitate about buying and selling decisions.
The main reason for the decline in world gold prices is the strengthening of the US dollar (USD). When the USD increases in value, buying gold becomes more expensive for foreign investors, reducing purchasing power.
At the same time, the US Federal Reserve (Fed) still maintains high interest rates and has no intention of reducing them anytime soon. High interest rates make other investment channels such as stocks more attractive than gold, especially for large investors.
However, not everything is negative for gold. Gold is still considered a "safe haven" in times of economic uncertainty. Currently, trade tensions are increasing globally, and this could help keep gold prices from falling too far. Many experts also believe that if the world gold price hits the $3,250/ounce mark, it could stimulate a wave of buying, helping gold prices recover.
Domestically, although the world gold price decreased, the price of SJC gold in July increased quite strongly, with the highest increase reaching 2.6 million VND per tael in some brands. This shows that the domestic gold market has its own factors. However, in general, the domestic gold price often fluctuates according to the trend of the world market.
Therefore, in the morning session of August 2, SJC gold price is likely to continue to increase, but the increase may be limited due to downward pressure from the world market. The market is currently waiting for US employment data to get more clues about the Fed's upcoming monetary policy, which will determine the trend of gold price on August 2, 2025 and the following days.
Source: https://baodanang.vn/du-bao-gia-vang-ngay-mai-2-8-2025-fed-gay-kho-thach-thuc-moi-du-doan-3298424.html
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