Update gold price today August 20, 2025 latest
Update on the latest gold price today, August 20, 2025, the domestic gold market recorded a gloomy trading day when most major brands simultaneously reduced prices.
SJC and DOJI gold prices slightly decreased, losing record peaks
At the opening of the trading session, the price of SJC gold in Hanoi today immediately decreased by 200,000 VND/tael in both buying and selling directions. Currently listed at 123.8 million VND/tael (buy) and 124.8 million VND/tael (sell).
Not out of the trend, DOJI Group also recorded a similar decline. The price of gold bars here decreased by 200,000 VND/tael in both buying and selling directions, bringing the current price to 123.8 million VND/tael (buying) and 124.8 million VND/tael (selling).
Gold prices at other brands also fell simultaneously.
At Mi Hong, the price of gold bars also had an adjustment. Specifically, the buying price decreased by 300,000 VND/tael, listed at 124.2 million VND/tael. Meanwhile, the selling price decreased slightly, only 200,000 VND/tael, to 124.8 million VND/tael.
PNJ, one of the major brands, also recorded a decrease of 200,000 VND/tael in gold price in both buying and selling directions. This makes the current listed price of PNJ at 123.8 million VND/tael (buy) and 124.8 million VND/tael (sell).
Vietinbank Gold also adjusted the selling price down by VND200,000/tael, currently at VND124.8 million/tael.
Similarly, Bao Tin Minh Chau also participated in the price reduction. The gold price here decreased by VND200,000/tael for both buying and selling, listed at VND123.8 million/tael (buying) and VND124.8 million/tael (selling).
Phu Quy brand also recorded a sharp price drop in both directions. The buying price decreased by VND200,000/tael, to VND122.8 million/tael. The selling price also decreased by VND200,000/tael, to VND124.8 million/tael.
The price of 9999 plain gold rings today, August 20, 2025, is going against the trend, increasing slightly
At 9:30 a.m. on August 20, 2025, the price of DOJI's 9999 Hung Thinh Vuong round gold ring was listed at VND 117.0 million/tael (buy) and VND 120.0 million/tael (sell), unchanged in the buy direction and increased by VND 200,000/tael in the sell direction compared to the previous day, with a buy-sell difference of VND 3 million/tael.
Plain gold ring price today August 20, 2025 slightly decreased at Phu Quy
Bao Tin Minh Chau kept the price of gold rings at 117.2 million VND/tael (buy) and 120.2 million VND/tael (sell), unchanged in both directions compared to early this morning, with a difference of 3 million VND/tael.
Phu Quy Group also listed the price of gold rings at 116.7 million VND/tael (buy) and 119.7 million VND/tael (sell), down 200,000 VND/tael in both directions compared to yesterday, with a buy-sell difference of 3 million VND/tael.
Gold price list today 8/20/2025 in Vietnam in detail
Update world gold price this afternoon 8/20/2025 latest
World gold price, at 09:30 on August 20, 2025 (Vietnam time), the world spot gold price was at 3,312.0 USD/ounce. Today's gold price decreased by 2.0 USD compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,500 VND/USD), the world gold price is about 110.22 million VND/tael (excluding taxes and fees). Compared to the domestic SJC gold bar price on the same day (123.8-124.8 million VND/tael), the current SJC gold price is about 14.58 million higher than the international gold price.
It can be seen that gold is still under pressure to sell for profit in the context of US President Donald Trump making great strides in his efforts to end the conflict in Ukraine and gradually reach trade agreements with other countries. Positive data from the US economy also put pressure on the precious metal.
But uncertainty remains. Mr Trump was quite concerned when he said he hoped Russian President Putin would cooperate on the Ukraine issue, otherwise “it will be very difficult”.
In his latest remarks, Mr. Trump affirmed that he would hold a meeting between Mr. Putin and Mr. Zelensky, but also emphasized that the Ukrainian President needed to be more flexible, hinting that he might have to make territorial concessions.
Mr. Trump affirmed that Ukraine will not become a NATO member, but there will still be "some form of security guarantee" for Kiev.
Investors are also focusing on the employment report (NFP) and inflation (CPI).
Many fear that positive economic data suggests that if the Fed cuts rates too soon, the policy could backfire, prolonging inflationary pressures.
Despite the pressure on gold, many experts remain optimistic about its long-term prospects. Organizations predict that gold could reach $3,500 an ounce by the end of the year if the Fed maintains its path of monetary policy easing.
News, gold price trends today 8/20/2025
Global gold prices have fallen to a two-week low. Technically, selling pressure from short-term futures traders is seen on both gold and silver.
Investors also took the opportunity to adjust their portfolios ahead of the Fed's major conference in the western United States this weekend. At the end of the session, gold futures for December delivery fell $8.6 to $3,369.6 an ounce, while silver for September delivery lost $0.604 to $37.42 an ounce.
Traders and investors are awaiting the Federal Reserve Bank of Kansas City's annual economic policy symposium, which begins Thursday evening in Jackson Hole, Wyoming.
Federal Reserve Chairman Jerome Powell is expected to unveil the Fed’s new policy framework on Friday, a speech that could provide fresh insight into the market’s support for a rate cut at the September meeting.
Global stock markets were mixed overnight. US indexes are expected to open slightly lower as trading begins in New York.
Technically, December gold still has the near-term advantage. The next target for bulls is to close above solid resistance at $3,500 an ounce. Conversely, the target for bears is to push prices below key technical support at the July low of $3,319.20 an ounce.
First resistance is seen at this week's high of $3,403.60, followed by $3,423.80 an ounce. First support is seen at $3,350 an ounce, followed by $3,319.20 an ounce.
In the foreign markets, the USD index was almost flat, crude oil prices fell to around 62.75 USD/barrel. The yield on 10-year US Treasury bonds is currently around 4.3%.
Source: https://baodanang.vn/gia-vang-hom-nay-20-8-2025-gia-vang-trong-nuoc-va-the-gioi-chim-trong-sac-do-mat-dinh-ky-luc-3299844.html
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