Gold price today (August 15): SJC gold bars hit new peak

Domestic gold bar price today

Gold bar prices continued to increase strongly today, trading at a new peak, far exceeding the previous record.

DOJI brand gold bars increased by 800 thousand VND/tael in both directions compared to early this morning, with the listed price of 123.5 - 124.7 million VND/tael (buy - sell).

The brands SJC, PNJ, and Bao Tin Minh Chau simultaneously listed the price of gold bars at 123.7 - 124.7 million VND/tael (buy - sell), an increase of 700,000 VND/tael for buying and an increase of 500,000 VND/tael for selling.

Phu Quy SJC buys 1 million VND/tael lower than many other brands, currently trading at 122.7 - 124.7 million VND/tael (buy - sell), up 500 thousand VND/tael in both directions.

SJC gold bar price increased sharply today, setting a new peak. Illustration photo: thuonggiaonline.vn

Domestic gold bar prices updated at 5:00 a.m. August 15 as follows:

Yellow	Area	Early morning 14-8		Early morning 15-8		Difference
		Buy	Sell	Buy	Sell	Buy	Sell
		Unit of measure: Million VND/tael				Unit of measure: Thousand dong/tael
DOJI	Hanoi	122.7	123.9	123.5	124.7	+800	+800
DOJI	Ho Chi Minh City	122.7	123.9	123.5	124.7	+800	+800
SJC	Ho Chi Minh City	123	124.2	123.7	124.7	+700	+500
	Hanoi	123	124.2	123.7	124.7	+700	+500
	Danang	123	124.2	123.7	124.7	+700	+500
PNJ	Ho Chi Minh City	123	124.2	123.7	124.7	+700	+500
PNJ	Hanoi	123	124.2	123.7	124.7	+700	+500
Bao Tin Minh Chau	Nationwide	123	124.2	123.7	124.7	+700	+500
Phu Quy SJC	Nationwide	122.2	124.2	122.7	124.7	+500	+500

Domestic gold ring price today

Gold ring price Today, many businesses adjusted up compared to the trading session early yesterday morning.

Bao Tin Minh Chau increased by 500 thousand VND/tael in both directions, currently listing the price of gold rings at 117.5 - 120.5 million VND/tael (buy - sell).

DOJI brand gold rings are traded at 116.8 - 119.8 million VND/tael (buy - sell), up 300 thousand VND/tael in both directions.

PNJ listed gold rings at 116.8 - 119.8 million VND/tael (buy - sell), an increase of 300 thousand VND/tael in selling price and keeping the buying price unchanged.

Phu Quy brand gold rings increased by 200 thousand VND/tael in both directions, currently listed at 116.7 - 119.7 million VND/tael (buy - sell).

SJC alone did not change the price of gold rings in both directions, still listed at 116.8 - 119.3 million VND/tael (buy - sell).

World gold price today

World gold price Today, the price of gold bars decreased by 0.71%, equivalent to a decrease of 23.72 USD/ounce in the past 24 hours, with the current spot gold price at 3,334.17 USD/ounce (equivalent to about 106.3 million VND/tael converted according to Vietcombank exchange rate, excluding taxes and fees). Thus, the domestic gold bar price is about 18.4 million VND/tael higher than the world gold price.

Gold prices fell as the US PPI rose 0.9% in July. Consumers expecting inflationary pressures to be moderate this year were faced with a contrasting reality as manufacturers’ costs rose sharply.

The sharp increase in the PPI index in the US caused fluctuations in gold prices, as high inflation expectations will make it difficult for the US Federal Reserve (Fed) to cut interest rates aggressively in the second half of the year.

The headline PPI rose 0.9% in July, after remaining flat in June, the Labor Department said Thursday. The new inflation data was much hotter than expected, with the consensus forecast for a 0.2% increase.

In the 12 months ended July, the headline PPI rose 3.3%, the largest 12-month increase since 3.4% in February 2025.

Like consumer prices, high inflation is also spreading through the wholesale economy. Core PPI, which strips out volatile food and energy prices, rose 0.9% last month after remaining flat in June. Over the past 12 months, core PPI has risen 2.8%.

More than three-quarters of the strong increase in July came from final demand for services, which rose 1.1%, much higher than the 0.2% forecast, the report said.

The gold market came under selling pressure again immediately after the release of inflation data.

“This economic data suggests that inflationary pressures remain, which could weigh on gold as investors prepare for a prolonged period of higher interest rates. If inflation persists, gold could still be supported as a long-term price hedge. If the market turns to recession fears or the Fed eases policy, gold could quickly recover, heading towards the $3,450-$3,500/ounce range,” said Mohammed Taha, financial market analyst at MH Markets.

Some analysts predict that the US economy could fall into a state of “stagflation” where inflation is high but growth is slow. This would be an ideal environment for gold, as the Fed would be forced to cut interest rates, pushing real interest rates down sharply.

Source: https://baolangson.vn/gia-vang-hom-nay-15-8-vang-mieng-sjc-lap-dinh-moi-5056104.html