At the end of today’s trading session, SJC gold prices remained at their historical peak. Specifically, SJC gold bars closed the session at 124 – 125 million VND/tael (buy – sell), an increase of 300 thousand VND/tael compared to the beginning of the day.

This afternoon, the world gold price continued to increase. At 2:51 p.m. today (August 18, Vietnam time), the world spot gold price was at 3,349.5 USD/ounce, up 3.3 USD/ounce compared to early this morning.

Domestic gold prices are also adjusted to increase according to world gold prices.

At 10:43 a.m., the price of SJC 9999 gold was raised to 124-125 million VND/tael (buy - sell), an increase of 300 thousand VND/tael in both buying and selling prices compared to the opening price this morning.

The price of SJC 1-5 chi gold rings was also raised to 117-119.5 million VND/tael (buy - sell), an increase of 200 thousand VND/tael in both buying and selling compared to early this morning.

Domestic gold ring price this morning was adjusted up following the trend of world gold price.

Buy (VND/tael) Increase/decrease Sell (VND/tael) Increase/decrease
SJC 117,000,000 + 400,000 119,500,000 + 400,000
Doji 117,000,000 + 500,000 120,00,000 + 500,000

                              SJC and Doji gold ring price list updated on the morning of August 18

At the beginning of the trading session on August 18, the price of SJC 9999 gold increased by 200,000 VND/tael in both buying and selling compared to the end of the trading session last weekend, to 123.7-124.7 million VND/tael (buying - selling).

Buy (VND/tael) Increase/decrease Sell (VND/tael) Increase/decrease
SJC HCMC 124,000,000 + 500,000 125,000,000 + 500,000
Doji Hanoi 124,000,000 + 500,000 125,000,000 + 500,000
Doji HCMC 124,000,000 + 500,000 125,000,000 + 500,000

                  SJC and Doji gold bar price list updated on the morning of August 18

The world gold price was adjusted up this morning. At 9:09 am today (August 18, Vietnam time), the world spot gold price was at 3,346.2 USD/ounce, up 12.2 USD/ounce compared to the close last week.

On the morning of August 18, the world gold price converted to USD bank price was over 107.7 million VND/tael, including tax and fees, about 17 million VND/tael lower than the domestic gold price.

On August 15, in Anchorage (Alaska), US President Donald Trump held a summit with his Russian counterpart Vladimir Putin, focusing on ending the war in Ukraine. However, to date, the two sides have not announced any agreement.

The gold market was closed ahead of the summit between the two leaders. The outcome of this meeting could have a significant impact on gold prices, mainly through geopolitical risks. Gold is known as a safe-haven asset, its price often rises when there is instability in the world.

Investors are looking for clearer signals from the US Federal Reserve (Fed) this week. A series of economic data and important events from the central bank will be the factors shaping the trend in the coming days.

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Gold prices are expected to remain stable this week. Photo: Chi Hieu

The minutes of the July FOMC meeting will provide further insight into policymakers' views on inflation and the path of interest rates.

The most anticipated event of the week is Fed Chairman Jerome Powell's speech at Jackson Hole on Friday morning, where the central banker will give important signals on future monetary policy.

Traders were betting on a 92% chance of the Fed cutting rates by 0.25 percentage points at its September meeting on Friday, according to data from the CME Group's FedWatch Tool.

Gold prices are in a tight range, struggling to break out despite the volatility in the market. Investors are advised to closely monitor comments from Fed officials for any clues on the direction of interest rates, but should not expect too much of a dramatic breakout from these events.

Last week, spot gold closed at $3,334 an ounce. Gold futures for September 2025 delivery on the Comex New York floor reached $3,341 an ounce.

Domestic gold market on August 16, SJC gold bar price closed at 123.5-124.5 million VND/tael (buy - sell).

The price of 1-5 chi SJC gold rings closed at 116.6-119.1 million VND/tael (buy - sell). The price of 9999 gold rings at Doji was traded at 116.5-119.5 million VND/tael (buy - sell).

Gold Price Forecast

Although gold prices are struggling to find direction, some experts are still optimistic about the precious metal's prospects next week, especially as the Jackson Hole event approaches.

Gold prices had a spike when the Swiss gold tariffs were announced, but the rally quickly died down, said Daniel Pavilonis, senior commodities broker at RJO Futures. The inflation data then led to a slight rise in interest rates, creating a “risk-off” sentiment across the market.

Pavilonis, who had previously predicted that gold prices could fall below $3,000, now sees upside potential. If the Fed starts cutting interest rates and inflation picks up again, that would be a strong driver for gold prices, he said.

However, he also warned of geopolitical risks. If there is a peace deal between Russia, Ukraine and the US, it could put pressure on gold prices. However, he still favors a sideways price scenario.

Technically, Mr. Pavilonis is concerned about a recent “false breakout.” Gold has been trading sideways for about four months since April. The 50-day moving average is still rising, but momentum has diminished.

If gold fails to make a new high in October or November, the most resistance would be a return to the 200-day moving average or lower, which could be around $2,964, he stressed.

Gold is likely to rise, according to James Stanley, senior market strategist at Forex. "Gold is at support, but more importantly we have the Jackson Hole conference next week," he said.

Mr Stanley believes central bankers will not be overly hawkish. "I believe they will delay decisions and lean dovish wherever possible, and this week is no exception," he said.

Source: https://vietnamnet.vn/gia-vang-hom-nay-18-8-2025-sjc-can-moc-125-trieu-dong-luong-2432985.html