On August 15, the price of gold bars at SJC closed at 123.5-124.5 million VND/tael (buy - sell), down 200,000 VND/tael in both buying and selling compared to the end of yesterday's trading session.
The price of 1-5 chi SJC gold rings closed at 116.6-119.1 million VND/tael (buy - sell), down 200 thousand VND/tael in both directions compared to yesterday's closing price.
The price of 9999 gold rings at Doji decreased by 300 thousand VND/tael in both buying and selling compared to yesterday's closing price, trading at 116.5-119.5 million VND/tael (buy - sell).
Domestic gold ring price this morning was adjusted down following the trend of world gold price.
| Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
| SJC | 116,600,000 | - 200,000 | 119,100,000 | - 200,000 |
| Doji | 116,500,000 | - 300,000 | 119,500,000 | - 300,000 |
SJC and Doji gold ring price list updated on the morning of August 15
At the beginning of the trading session on August 15, the price of SJC 9999 gold decreased by 200,000 VND/tael in both buying and selling compared to the end of yesterday's trading session, to 123.5-124.5 million VND/tael (buying - selling).
| Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
| SJC HCMC | 123,500,000 | - 200,000 | 124,500,000 | - 200,000 |
| Doji Hanoi | 123,500,000 | 0 | 124,500,000 | - 200,000 |
| Doji HCMC | 123,500,000 | 0 | 124,500,000 | - 200,000 |
SJC and Doji gold bar price list updated on the morning of August 15
The world gold price was adjusted down this morning. At 8:43 am today (August 15, Vietnam time), the world spot gold price was at 3,337.4 USD/ounce, down 7.6 USD/ounce compared to last night.
In just a short period of time, this precious metal has consecutively lost the 3,400 and 3,350 USD/ounce marks, leaving the stable fluctuation range of 3,350-3,400 USD/ounce for many weeks, falling back to around 3,300-3,350 USD/ounce. This is a new low price zone for gold.
On the morning of August 15 , the world gold price converted to USD bank price was over 107.3 million VND/tael, including tax and fees, about 17.2 million VND/tael lower than the domestic gold price.
At 8:00 p.m. (August 14, Vietnam time), the spot gold price was at $3,345/ounce. The gold futures price for September 2025 delivery on the Comex New York floor reached $3,356/ounce.
The producer price index (PPI) rose 0.9% in July, much higher than the forecast of just 0.2%, according to data from the US Department of Labor. The surge was in stark contrast to expectations of more moderate inflation this year. Compared to the same month last year, the PPI rose 3.3%, the largest increase since February 2025.
Core PPI (which excludes volatile items such as food and energy) also rose sharply, rising 0.9% in July and 2.8% year-on-year. More than three-quarters of the increase came from the services index, suggesting that inflationary pressures are spreading.
The gold market was hit by selling pressure immediately after the data was released. Inflationary pressures remained present and stronger than expected. This created new concerns about the US Federal Reserve's monetary policy and caused volatility in the gold market.
Analysts say higher inflation will make it harder for the Fed to cut interest rates aggressively in the second half of the year, increasing the opportunity cost of holding gold.
Despite the hotter-than-expected PPI report, markets are still betting on the Fed to cut interest rates next month.
In another development, President Trump issued a stern warning to Russian President Vladimir Putin, vowing to impose “very serious consequences” if he does not agree to a ceasefire. The statement came just ahead of a summit between the two leaders on Friday.
President Trump had a productive phone call with European leaders ahead of the summit, sources said.
Crude oil prices edged up, trading around $62.75 a barrel. The yield on 10-year US Treasury bonds is currently at 4.22%.
Domestically, the price of gold bars at SJC on August 14 was listed at 123.7-124.7 million VND/tael (buy - sell), an increase of 700 thousand VND/tael for buying and 500 thousand VND/tael more expensive for selling compared to the end of yesterday's trading session.
The price of SJC 1-5 chi gold rings closed at 116.8-119.3 million VND/tael (buy - sell), equal to the closing price yesterday.
The price of 9999 gold rings at Doji increased by 300 thousand VND/tael in both buying and selling compared to yesterday's closing price, trading at 116.8-119.8 million VND/tael (buying - selling).
Gold Price Forecast
Mohammed Taha, financial markets analyst at MH Markets, said economic data showed inflationary pressures remained, which could put pressure on gold as investors expect interest rates to remain high for a long time.
However, if inflation persists and leads to a potential recession, gold could still find strong support as a hedge against volatility.
Many analysts are also predicting a stagflation scenario, where inflation persists but economic growth slows. They say this is an ideal environment for gold because the Fed is forced to cut interest rates to stimulate the economy, thereby pushing real interest rates down sharply.
Kyle Rodda, a financial markets analyst at Capital, said the market is betting on the possibility that the Fed will cut interest rates by 0.50 percentage points in September.
Technically, the outlook for gold is quite positive. The trend is still up, and the market just needs to break the $3,400/ounce level in a sustainable manner.
According to Mr. Fawad Razaqzada, market analyst at City Index, if gold prices can break the important resistance level of $ 3,400 / ounce, the next growth momentum will come from geopolitical developments, rather than economic data.
Mr. Razaqzada predicts that gold prices may enter a consolidation phase or undergo a slight correction in the coming months, especially when the stock market is on a strong growth momentum.
Gold's technical picture worsens
The precious metals market was hit hard by the PPI data. Gold futures fell more than $30 in four hours, hitting a low of $3,375.50 an ounce before recovering slightly to $3,382.30 an ounce. This was the second consecutive time that gold futures failed to break above the 50-day moving average (SMA 50) at $3,416 – a level that had acted as important support during the corrections in April and May but has now become resistance.
Gold is currently testing support at $3,375, which coincides with Thursday’s low and the 100-day SMA. Gold futures have held above the 100-day SMA almost every day since mid-January, only briefly breaking below it last month. In the spot market, gold has been more resilient, holding above the 100-day SMA ($3,302.17) all year long; it is currently trading at $3,335.58, about $13 above that technical level.
Source: https://vietnamnet.vn/gia-vang-hom-nay-15-8-2025-vang-sjc-lieu-co-rot-tu-dinh-2432140.html
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