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Gold price today August 2, 2025: Gold price soars to the sky, surpassing record peak

Gold price today August 2, 2025 skyrocketed, breaking the historical peak. SJC, DOJI reached 121.5-123.5 million VND/tael, world gold reached 3,361.5 USD/ounce.

Báo Đà NẵngBáo Đà Nẵng02/08/2025

Update gold price today August 2, 2025 latest in domestic market

Update gold price today August 2, 2025 latest in domestic market
Update gold price today August 2, 2025 latest in domestic market

As of 9:30 a.m. on August 2, 2025, the gold price market today, August 2, 2025, witnessed strong growth, breaking the sideways trend of previous days.

SJC and DOJI gold prices take a step up to the clouds, reaching historical peaks

Specifically, the price of SJC gold bars in Hanoi was listed at VND121.5 million/tael (buy) and VND123.5 million/tael (sell), up VND1.6 million and VND2.1 million respectively compared to the previous trading session.

DOJI Group also reflected the market trend when listing the price of gold bars at 121.5 million VND/tael (buy) and 123.5 million VND/tael (sell), an increase of 1.6 million VND and 2.1 million VND similar to SJC.

Gold prices of other major brands also increased simultaneously.

Mi Hong recorded the buying price at 120.6 million VND/tael, an increase of 1.4 million VND, while the selling price was 123.5 million VND/tael, an increase of 2.1 million VND.

Update gold price today August 2, 2025 latest in domestic market

PNJ also increased the buying price to 121.5 million VND/tael and the selling price to 123.5 million VND/tael.

Phu Quy listed the buying price at 120.5 million VND/tael, an increase of 1.1 million VND, and the selling price at 123.5 million VND/tael, an increase of 2.1 million VND.

At Bao Tin Minh Chau, today's gold price on August 2, 2025 reached 121.5 million VND/tael (buy) and 123.5 million VND/tael (sell), an increase of 1.6 million VND/tael for buying and 2.1 million VND/tael for selling compared to the previous session.

Phu Quy listed the price of gold bars at 120.5 million VND/tael (buy) and 123.5 million VND/tael (sell), up 1.1 million VND/tael and 2.1 million VND/tael respectively.

Meanwhile, Mi Hong recorded a slightly lower buying price, reaching 120.6 million VND/tael (up 1.4 million VND/tael), the selling price was at 123.5 million VND/tael, up 2.1 million VND/tael.

Vietinbank Gold listed the selling price at 123.5 million VND/tael, an increase of 2.1 million VND/tael.

The price of 9999 gold rings today is about 118.6 million VND/tael

As of 9:30 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 117.0-119.5 million VND/tael (buy - sell); an increase of 1 million VND/tael in both buying and selling directions compared to yesterday. The difference between buying and selling prices is at 2.5 million VND/tael.

Plain gold ring price today August 2, 2025 is stable at Bao Tin Minh Chau

Bao Tin Minh Chau listed the price of gold rings at 116.2-119.2 million VND/tael (buy - sell); unchanged in both buying and selling directions compared to early this morning. The difference in buying and selling prices is at 3 million VND/tael.

Phu Quy Gold and Gemstone Group listed the price of gold rings at 116.2-119.2 million VND/tael (buy - sell), an increase of 1.3 million VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.

Gold price list today August 2, 2025 in Vietnam in detail

Gold price today
BuySell
SJC in Hanoi 121.5 ▲1600K 123.5 ▲2100K
DOJI Group 121.5 ▲1600K 123.5 ▲2100K
Red Eyelashes 120.6 ▲1400K 123.5 ▲2100K
PNJ 121.5 ▲1600K 123.5 ▲2100K
Vietinbank Gold
123.5 ▲2100K
Bao Tin Minh Chau 121.5 ▲1600K 123.5 ▲2100K
Phu Quy 120.5 ▲1100K 123.5 ▲2100K
1. DOJI - Updated: August 2, 2025 09:30 - Source website time - ▼/▲ Compared to yesterday.
Type Buy Sell
AVPL/SJC HN 121,500
▲1600K
123,500
▲2100K
AVPL/SJC HCM 121,500
▲1600K
123,500
▲2100K
AVPL/SJC DN 121,500
▲1600K
123,500
▲2100K
Raw material 9999 - HN 109,500
▲1000K
110,500
▲1000K
Raw material 999 - HN 109,400
▲1000K
110,400
▲1000K
2. PNJ - Updated: August 2, 2025 09:30 - Time of the source website - ▼/▲ Compared to yesterday.
Type Buy Sell
HCMC - PNJ 121,500
▲1600K
123,500
▲2100K
Hanoi - PNJ 121,500
▲1600K
123,500
▲2100K
Da Nang - PNJ 121,500
▲1600K
123,500
▲2100K
Western Region - PNJ 121,500
▲1600K
123,500
▲2100K
Central Highlands - PNJ 121,500
▲1600K
123,500
▲2100K
Southeast - PNJ 121,500
▲1600K
123,500
▲2100K
3. AJC - Updated: 08/02/2025 09:30 - Source website time - ▲ Compared to yesterday.
Type Buy Sell
Jewelry 99.99 11,420 ▲130K 11,870 ▲130K
99.9 Jewelry 11,410 ▲130K 11,860 ▲130K
NL 99.99 10,880 ▲130K
Round ring not sealed in blister T.Binh 10,880 ▲130K
Round, 3A, Yellow T.Bình 11,630 ▲130K 11,930 ▲130K
Round, 3A, Yellow N.An 11,630 ▲130K 11,930 ▲130K
Round N., 3A, Yellow Street, Hanoi 11,630 ▲130K 11,930 ▲130K
SJC Thai Binh pieces 12,150 ▲160K 12,350 ▲210K
SJC Nghe An pieces 12,150 ▲160K 12,350 ▲210K
SJC Hanoi Piece 12,150 ▲160K 12,350 ▲210K
4. SJC - Updated: 8/2/2025 09:30 - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG 121,500
▲1600K
123,500
▲2100K
SJC gold 5 chi 121,500
▲1600K
123,520
▲2100K
SJC gold 0.5 chi, 1 chi, 2 chi 121,500
▲1600K
123,530
▲2100K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi 116,500
▲1900K
119,000
▲1900K
SJC 99.99% gold ring 0.5 chi, 0.3 chi 116,500
▲1900K
119,100
▲1900K
Jewelry 99.99% 116,500
▲1900K
118,400
▲1900K
Jewelry 99% 112,727
▲1881K
117,227
▲1881K
Jewelry 68% 73,770
▲1292K
80,670
▲1292K
Jewelry 41.7% 42,627
▲792K
49,527
▲792K

Update gold price today August 2, 2025 latest on the world market

World gold price, at 09:30 on August 2, 2025 (Vietnam time), the world spot gold price was at 3361.5 USD/ounce. Today's gold price increased by 71.0 USD. Converted according to the USD exchange rate at Vietcombank (26,390 VND/USD), world gold is priced at about 111.23 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (119.7-121.2 million VND/tael), the current SJC gold price is about 12.27 million higher than the international gold price.

Update gold price today August 2, 2025 latest on the world market
Update gold price today August 2, 2025 latest on the world market

Global gold prices, after hitting a one-month low, have recovered and are hovering around the $3,300/ounce mark.

This development comes despite the latest figures showing a slight increase in inflation in the US and a stable job market, factors that may cause the US Federal Reserve (FED) to delay cutting interest rates in the near future.

According to a report from the US Department of Commerce, the core personal consumption expenditures price index (core PCE) - the inflation measure preferred by the Fed, excluding food and energy prices - increased 0.3% in June, higher than the 0.2% rate of the previous month.

Compared to the same period last year, this index recorded an increase of 2.8%, slightly exceeding the forecast of 2.7% from experts. Overall inflation in June also increased by 0.3%, bringing the annual increase to 2.6%.

Although the data showed that inflationary pressures were still present but not too strong, the gold market had little significant reaction to this report.

News, gold price trends today 8/2/2025

According to the World Gold Council (WGC), although the amount of gold used for jewelry decreased, the total value of spending on this item increased. Specifically, in the second quarter, global jewelry demand decreased by 14% to 341 tons, the lowest level since the third quarter of 2020. However, the value of jewelry consumption increased by 21%, reaching 36 billion USD.

On the investment side, gold ETFs saw strong growth. Gold investment demand increased by 78% year-on-year to 477.2 tonnes. Western investors returned to gold ETFs, with inflows in the first half of the year reaching their highest level since 2020.

China, in particular, led the way with investment demand rising 44% in the second quarter. In total, ETFs bought 170 tonnes of gold, and the WGC believes that this investment channel still has growth potential.

Central bank purchases remained the main driver of global demand, although they fell 21% year-on-year to 166 tonnes in the second quarter. This was the second consecutive quarter of decline, largely due to gold prices hitting historic highs. However, total demand in the first half of the year was still 41% above the long-term average.

Gold demand in the technology sector fell slightly by 2% to 78.6 tonnes, due to supply chain changes and the impact of the AI revolution. Global trade uncertainty also contributed to the trend.

In terms of supply, total gold supply increased by 3% to 1,248.8 tonnes, with mine production increasing slightly by 1% to 908.6 tonnes. Recycled gold supply increased by 4% to 347.2 tonnes, but still failed to keep pace with the increase in gold prices.

WGC said factors such as fluctuations in US trade policy, a weakening US dollar, geopolitical tensions in many regions, inflationary pressures and record high gold prices have boosted capital flows into gold.

Gold is still considered a strategic asset by central banks due to its ability to preserve value, its effectiveness in diversifying investment portfolios and its role in times of crisis.

Source: https://baodanang.vn/gia-vang-hom-nay-2-8-2025-gia-vang-mot-buoc-len-may-vuot-dinh-ky-luc-3298479.html


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