Gold price today August 19, 2025: SJC gold bar price at unprecedented high, 'lifesaver' in times of economic instability

Gold price today August 19, 2025, SJC gold bars reached the highest level ever of 125 million VND/tael, widening the gap with the world to 18 million VND. Gold still proves to be a "lifesaver" in the context of high inflation, unclear Fed policy and weakened confidence in the USD.

LIVE GOLD PRICE TODAY 8/19 and EXCHANGE RATE TODAY 8/19

1. PNJ - Updated: August 19, 2025 08:47 - Website time of supply source - ▼ / ▲ Compared to yesterday.
Type	Buy	Sell
HCMC - PNJ	117,000	119,800
Hanoi - PNJ	117,000	119,800
Da Nang - PNJ	117,000	119,800
Western Region - PNJ	117,000	119,800
Central Highlands - PNJ	117,000	119,800
Southeast - PNJ	117,000	119,800

Update gold price today 8/19/2025

Domestic gold prices increased sharply, the market was bustling after "quiet" days.

SJC gold bar price hits new peak, closing trading session on the afternoon of August 18, increased by half a million VND per tael in both buying and selling directions, compared to the opening hours of the new week. The price of SJC gold bars seems to have a tendency to increase faster than the international market, causing the gap between domestic and foreign markets to widen, to nearly 18 million VND/tael.

Saigon Jewelry Company (SJC) currently lists the price of gold bars at 124 - 125 million VND/tael - the highest price ever. Following the same trend, other brands such as PNJ system, Bao Tin Minh Chau, Doji Group have also raised the price of gold bars by 500,000 VND/tael in both directions, to 124 - 124 million VND/tael, the difference between buying and selling prices is at a low level of 1 million VND.

The price of 99.99 plain gold rings and jewelry also recovered strongly with a common increase of 200,000 - 400,000 VND/tael.

Accordingly, SJC raised the price of 99.99 gold rings to 117 - 119.5 million VND, an increase of 400,000 VND per tael. DOJI Group listed plain rings at 116.8 - 119.8 million VND. Bao Tin Minh Chau raised the listed price of plain rings to 117.2 - 120.2 million VND per tael.

World gold prices are regaining momentum.

According to the World and Vietnam Newspaper, at 6:30 p.m. on August 18 (Hanoi time), the gold price was trading on the Kitco floor at 3,349.10 USD/ounce, up 13.1 USD compared to the previous trading session.

Last week, the world gold price tried to regain growth momentum after a week of downward trend and "evaporated" about 60 USD, equivalent to 1.8%.

After the tariff turmoil of the previous week, inflation data and the US consumer price index rose slightly, eroding expectations of a rate cut by the US Federal Reserve, making gold less attractive to investors. However, maintaining a neutral view on gold prices, many investors are looking forward to the annual meeting of central banks on August 21-23. The outcome of the meeting is likely to affect the USD, thereby affecting gold. However, leading up to this event, the market is expected to be quite quiet.

Adrian Day, chairman of Adrian Day Asset Management, said that gold prices continue to fluctuate in a narrow range with a steady upward trend. But the precious metal could also break out if there is further monetary easing.

Gold price today August 19, 2025: SJC gold bar price is at an unprecedented high, a 'lifesaver' in times of economic instability? (Source: Kitco)

Summary of SJC gold bar prices and gold ring prices at major domestic trading brands at the closing time of the trading session on August 18.

Saigon Jewelry Company SJC: SJC gold bars 124 - 125 million VND/tael ; SJC gold ring 117 - 119.5 million VND/tael .

DOJI Group: SJC gold bars 124 - 125 million VND/tael ; 9999 round rings (Hung Thinh Vuong) 116.8 - 119.8 million VND/tael.

PNJ Group: SJC gold bars 124 - 125 million VND/tael ; PNJ 999.9 plain round gold rings at 116.8 - 119.8 million VND/tael.

The price of SJC gold bars at Bao Tin Minh Chau is listed at 124 - 125 million VND/tael ; the price of plain round gold rings 117.2 - 120.2 million VND/tael .

A solid foundation for your future portfolio

Reuters reported that according to the latest data from the World Gold Council (WGC), global gold demand in the second quarter of 2025 increased by 3% compared to the same period last year, reaching 1,248.8 tons. Notably, the main reason for the growth came from the investment sector, with capital inflows into physical gold ETFs reaching the highest level since the beginning of 2020.

In addition to investment, gold prices also increased sharply, reaching a record $3,500/ounce in April, bringing the year-to-date increase to 26%. However, physical gold consumption decreased, of which jewelry consumption decreased sharply by 14% to 341 tons - the lowest level since the third quarter of 2020, mainly due to the decline in demand in two key markets, China and India. In addition, the amount of recycled gold increased slightly by 4% to 347.2 tons. However, the amount of central bank purchases decreased by 21% to 166.5 tons.

The surge in ETF inflows shows that global investors are turning to gold as a financial hedge amid geopolitical uncertainty and concerns about high inflation. While investment is strong, demand for physical gold such as jewelry is falling sharply, reflecting high costs and cautious consumer sentiment.

In terms of supply and demand, despite a slight downward trend, central banks continue to buy gold, albeit at a slower pace than before; this reflects efforts to diversify national reserves in the context of volatile confidence in the USD. The WGC forecasts that in the coming time, personal investment flows into gold (such as ETFs) will continue to grow, despite a slight adjustment in demand from central banks.

Meanwhile, global gold prices continued to rise sharply in 2025, reaching a record high of more than 30% compared to the beginning of the year — reflecting the clear role of gold as a safe-haven asset in the context of global economic and political instability. Experts say that gold is preferred over bonds or digital currencies because of its superior stability and accumulation of value.

One of the main factors driving demand for gold is persistent inflation. According to Reuters , rising producer price index (PPI) and consumer inflation (core CPI) remaining at 3% have dampened expectations for a sharp rate cut by the Fed — but at the same time made gold attractive as a true “inflation hedge.”

Under the impact of uncertain monetary policies, the market is expecting the Fed to make a slight interest rate cut in the fall, supporting gold prices to consolidate around $3,300/ounce and paving the way for a new price increase.

Central banks also play a key role. According to CruxInvestor, central bank purchases are forecast to reach 900 tonnes of gold by 2025 — acting as a long-term demand pillar, helping to absorb unfavorable macro volatility. The WGC also forecasts that gold could rise another 10–15% in the second half of the year if geopolitical and inflationary conditions remain challenging.

On the individual and institutional side, many experts recommend allocating about 5–10% of assets to gold , to protect against financial risks and ensure portfolio diversification.

In short, in the context of uncontrolled inflation, the Fed’s monetary policy is still uncertain and confidence in the USD is waning, gold maintains its role as a strategic defensive asset. Even though the market has held its breath for a few sessions, the long-term trend for gold is clear: global investors still see gold as a solid support for their future investment portfolios.

Source: https://baoquocte.vn/gia-vang-hom-nay-1982025-gia-vang-mieng-sjc-cao-chua-tung-co-phao-cuu-sinh-trong-thoi-kinh-te-bat-on-324776.html