LIVE GOLD PRICE TODAY 8/20 and EXCHANGE RATE TODAY 8/20
| 1. PNJ - Updated: August 19, 2025 08:47 - Time of website supply - ▼ / ▲ 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 8/20/2025
Domestic gold prices remain at peak levels.
At the end of the trading session on August 19, DOJI Group listed the price of SJC gold bars at 124-125 million VND/tael (buy - sell), the price remained unchanged in both buying and selling directions compared to yesterday.
At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 124-125 million VND/tael (buy - sell), the price remained unchanged in both buying and selling directions compared to the closing price on August 18 yesterday.
SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 124-125 million VND/tael (buy - sell), the price remains unchanged in both buying and selling directions compared to the same period yesterday.
SJC gold price in Phu Quy is traded by businesses at 123-125 million VND/tael (buy - sell), gold price remains unchanged in both buying and selling directions compared to yesterday.
For ring gold, the price of 9999 Hung Thinh Vuong round ring gold at DOJI is listed at 117-120 million VND/tael (buy - sell); the price remains unchanged in both buying and selling directions compared to yesterday.
Bao Tin Minh Chau listed the price of gold rings at 117.2-120.2 million VND/tael (buy - sell); unchanged in both buying and selling directions compared to yesterday.
Despite the high world gold price, people are still actively buying. Talking to The Gioi Va Viet Nam Newspaper , Ms. NMH (Hoang Mai, Hanoi) shared that the price of precious metals has increased but she still decided to buy. The reason is because the savings interest rate is low and Ms. H is worried that if she does not buy gold now, the price will continue to increase.
World gold prices maintain positive growth momentum.
Investors are waiting for information from the US Federal Reserve's Jackson Hole conference this weekend to find signals about the possibility of an interest rate cut.
Fed Chairman Jerome Powell's remarks at the Jackson Hole conference, taking place from August 21-23, are expected to clarify the economic outlook and the Fed's policy direction.
According to CME's FedWatch tool, the market is currently pricing in an 84% chance that the Fed will cut interest rates by 25 basis points at its next meeting.
Gold tends to rise in low-interest-rate environments and when uncertainty increases. Minutes from the Fed’s July 2025 meeting, due on Aug. 20, are expected to provide further clues on policy direction.
According to the World and Vietnam Newspaper at 6:30 p.m. on August 19, the world gold price on the Kitco exchange was at 3,342 - 3,344 USD/ounce, an increase of 10.7 USD compared to the previous trading session.
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| Gold price today August 20, 2025: SJC gold price anchored high at the peak, the world showed resilience, there are always buyers when prices fall. (Source: Kitco News) |
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 19.
Saigon Jewelry Company SJC: SJC gold bars 124 - 125 million VND/tael.
DOJI Group: SJC gold bars 124 - 125 million VND/tael.
PNJ Group: SJC gold bars 124 - 125 million VND/tael.
The price of SJC gold bars at Bao Tin Minh Chau is listed at 124 - 125 million VND/tael.
Despite being oversold, gold holds key level
Commenting on the precious metals market, Ms. Roukaya Ibrahim, chief strategist at BCA Research, said that gold prices increased not only due to short-term factors but also due to long-term structural factors such as increased investment demand and strong central bank purchases.
Despite pressure from peaking stock markets and high bond yields, gold prices have maintained important support around the $3,300/ounce threshold.
"The fact that gold prices have risen despite the adverse factors shows that this increase is a long-term trend, not a temporary one. Gold's resilience since mid-April further reinforces this view. Despite being oversold, gold has maintained an important level, proving that there are always buyers on every dip," Ms. Ibrahim stated.
The chief strategist at BCA Research predicts that the precious metal will rally strongly when the Fed starts cutting interest rates.
She said that over the past three years, gold prices have risen despite high real interest rates and a strong US dollar. However, in the near future, these two factors will become leverage to push gold prices higher, and real interest rates will fall as the US labor market slows or the Trump administration pressures the Fed to pursue an easing policy.
In addition, BCA Research also forecasts that the USD will weaken in the coming months, creating more favorable conditions for gold. The USD may decrease in price because foreign investment in the US is not enough to offset the current account deficit.
Meanwhile, Ms. Rhona O'Connell, Head of Market Analysis for EMEA & Asia at StoneX, said that the gold price in the third quarter of 2025 will average around $3,320/ounce, but could drop to around $3,000 in the fourth quarter of 2025.
“Barring an unexpected event or a major humanitarian crisis, gold’s recent peak ($3,500 in April) is unlikely to be breached,” said Rhona O’Connell.
Source: https://baoquocte.vn/gia-vang-hom-nay-2082025-gia-vang-sjc-neo-cao-o-dinh-the-gioi-the-hien-su-kien-cuong-luon-co-nguoi-mua-vao-khi-giam-324944.html
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