Update gold price this afternoon August 5, 2025 latest in domestic market
SJC and DOJI gold prices reach peak of 124 million VND/tael
Saigon Jewelry Company (SJC) has sharply increased the price of gold bars in Hanoi , listed at VND122.2 million/tael (buy) and VND123.8 million/tael (sell). This increase of VND500,000/tael in both buying and selling directions shows a clear improvement in the market.
Similar to SJC, DOJI Group also listed today's gold price on August 5, 2025 at 122.2 million VND/tael (buy) and 123.8 million VND/tael (sell), an increase of 500 thousand VND/tael for both trading directions.
Price increase across other brands
PNJ is also not out of the race, with buying and selling prices of 122.2 million VND/tael and 123.8 million VND/tael respectively, also recording an increase of 500 thousand VND/tael.
At Mi Hong, the buying price was adjusted up by VND400,000/tael to VND122.6 million/tael. Notably, the selling price of this brand increased more sharply, up to VND600,000/tael, reaching VND123.8 million/tael.
While other brands maintained a general increase, Phu Quy made a difference with a purchase price increase of up to 700 thousand VND/tael, listed at 121.2 million VND/tael. Phu Quy's selling price also increased by 500 thousand VND/tael, closing at 123.8 million VND/tael.
Vietinbank Gold adjusted the selling price up 500 thousand VND/tael to 123.8 million VND/tael.
Meanwhile, Bao Tin Minh Chau also responded positively to the market, increasing 500 thousand VND/tael for both buying and selling, bringing the price to 122.2 million VND/tael (buy) and 123.8 million VND/tael (sell).
The price of plain gold rings today, August 5, 2025, maintained an increase of half a million VND.
At 3:00 p.m. on August 5, 2025, the price of DOJI's 9999 Hung Thinh Vuong round gold ring was listed at VND 117.5 million/tael (buy) and VND 120.0 million/tael (sell), an increase of VND 500,000/tael in both directions compared to the previous day, with a buy-sell difference of VND 2.5 million/tael.
The price of plain gold rings today, August 5, 2025, increased by 700 thousand VND/tael at Phu Quy Group
Bao Tin Minh Chau kept the price of gold rings at 117.2 million VND/tael (buy) and 120.2 million VND/tael (sell), no new changes compared to early this morning, with a difference of 3 million VND/tael.
Phu Quy Group also listed the price of gold rings at 116.7 million VND/tael (buy) and 119.7 million VND/tael (sell), an increase of 700 thousand VND/tael in both directions compared to yesterday, with a difference of 3 million VND/tael between buying and selling.
Gold price list today 8/5/2025 in Vietnam in detail
Update the latest gold price today, August 5, 2025 on the world market
World gold price, at 3:00 p.m. on August 5, 2025 (Vietnam time), the world spot gold price was at 3,371.0 USD/ounce. Today's gold price decreased by 2.3 USD. Converted according to the USD exchange rate at Vietcombank (26,370 VND/USD), the world gold price is about 111.44 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (122.2-123.8 million VND/tael), the current SJC gold price is about 12.48 million higher than the international gold price.
World gold prices had a relatively stable trading day, but still maintained at the highest level in the past two weeks. The main reason behind this growth was the expectation that the US Federal Reserve (Fed) will soon cut interest rates.
Specifically, the latest US employment report showed that the number of jobs created in July was lower than expected, along with the figures of previous months being significantly revised down. This shows that the labor market is weakening, creating pressure for the Fed to act.
According to experts, the market now believes that the possibility of the Fed cutting interest rates in September is very high, up to 90%. When interest rates fall, the US dollar becomes less attractive, making gold, which is priced in this currency, cheaper for buyers using other currencies.
In addition, US government bond yields also fell to a one-month low, making gold a more attractive investment compared to low-yielding assets such as bonds.
In addition to economic factors, political tensions are also supporting gold prices. Recently, US President Donald Trump threatened to increase tariffs on goods imported from India related to the country's purchase of Russian oil.
This increases market volatility, and gold, as a safe haven asset, is sought after by investors to protect their assets.
Despite the many supportive factors, gold prices still face some technical hurdles. Analysts say that gold is unlikely to make a strong break above $3,450 an ounce unless there is a really strong momentum. This means that while the uptrend is positive, more clarity is needed for gold to set a new high.
Source: https://baodanang.vn/gia-vang-chieu-nay-5-8-2025-sjc-va-doji-tien-thang-den-dinh-124-trieu-vang-the-gioi-that-thuong-3298694.html
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