Gold prices are on track for their biggest gain since April.

(Baohatinh.vn) - Gold price today August 30, 2025: Gold prices are on track to record their strongest increase since April, after US inflation data reinforced expectations that the Federal Reserve (Fed) could cut interest rates next month.

Gold price today 8/30/2025

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

The price of gold bars was listed by Saigon Jewelry Company Limited - SJC at 127.8 - 129.3 million VND/tael (buy - sell), an increase of 800,000 VND/tael in both buying and selling directions compared to yesterday's closing price.

At the same time, the price of SJC gold bars was listed by DOJI Group at 127.4 - 128.9 million VND/tael (buy - sell), an increase of 400,000 VND/tael in both buying and selling directions compared to yesterday.

Meanwhile, the price of SJC gold at Phu Quy was traded by businesses at 126.8-129.3 million VND/tael (buy - sell), the gold price increased by 800,000 VND/tael in both buying and selling directions compared to yesterday.

Gold price today August 30, 2025. Illustration photo

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 128.4-129.3 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 1.2 million VND/tael for buying and 1.1 million VND/tael for selling.

Regarding ring gold, the price of 9999 Hung Thinh Vuong round ring gold at DOJI is listed at 120.6-123.6 million VND/tael (buy - sell); an increase of 300,000 VND/tael in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 121.2-124.2 million VND/tael (buy - sell); an increase of 900,000 VND/tael in both buying and selling directions compared to yesterday.

World gold price today August 30, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 a.m. today, Vietnam time, was at 3,446.92 USD/ounce. Today's gold price increased by 0.94% compared to yesterday. Converted according to the USD exchange rate on the free market (26,713 VND/USD), the world gold price is about 111 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is about 18.3 million VND/tael higher than the international gold price.

World gold price developments in the past 24 hours.

The dollar index (DXY) was little changed but is on track for a 2.1% monthly decline, Reuters reported, as a weaker dollar makes gold cheaper for overseas buyers.

Economic data showed U.S. consumer spending rose sharply in July, while core inflation edged up as tariffs on imports raised prices for some goods. The personal consumption expenditures (PCE) price index rose 0.2% month-on-month and 2.6% year-on-year, in line with forecasts.

Traders now see an 89% chance of a 25 basis point rate cut at the Fed’s September meeting, up from 85% before the data was released. Non-yielding gold typically performs well in a low-interest-rate environment.

In addition, a federal judge on August 29 will also consider whether to temporarily block former President Donald Trump from removing Fed Governor Lisa Cook, in the context of Ms. Cook's lawsuit on the grounds that Mr. Trump has no legal basis to remove her.

“Gold is benefiting from uncertainty around the Fed’s independence, with inflows into gold ETFs of nearly 15 tonnes in the past two days alone. However, the upside potential above $3,400/oz is increasingly limited,” Commerzbank said in a note.

In other precious metals, spot silver rose 0.2% to $39.14 an ounce, posting its fourth straight monthly gain. Platinum fell 0.9% to $1,347.77 an ounce but remained on track for a monthly gain, while palladium fell 0.9% to $1,092.18 an ounce and is likely to end the month with a loss.

Source: https://baohatinh.vn/gia-vang-dang-tren-da-ghi-nhan-muc-tang-manh-nhat-ke-tu-thang-4-post294721.html