Domestic gold price today August 22, 2025

At the end of the morning trading session on August 22, the price of SJC gold bars remained unchanged at 124.4 - 125.4 million VND/tael.

On the contrary, the price of gold rings continued to be adjusted by brands to increase by VND200,000/tael, trading around VND117.3 - 120.5 million/tael. This development shows that gold rings are attracting stronger demand, while gold bars maintain a stable trend compared to the previous session.

Opening the trading session on August 22, the price of SJC 9999 gold remained the same as the closing price of yesterday's trading session, trading at 124.4-125.4 million VND/tael (buy - sell).

Buy (VND/tael) Increase/decrease Sell ​​(VND/tael) Increase/decrease
SJC HCMC 124,400,000 0 125,400,000 0
Doji Hanoi 124,400,000 0 125,400,000 0
Doji HCMC 124,400,000 0 125,400,000 0

SJC and Doji gold bar price list updated on the morning of August 22

Meanwhile, domestic gold ring prices this morning were adjusted upward by brands.

Buy (VND/tael) Increase/decrease Sell ​​(VND/tael) Increase/decrease
SJC 117,500,000 + 200,000 120,000,000 + 200,000
Doji 117,300,000 + 200,000 120,500,000 + 200,000

SJC and Doji gold ring price list updated on the morning of August 22

Previously, at the end of the trading session on August 21, the listed price of SJC gold bars was 124.4-125.4 million VND/tael (buy - sell), an increase of 600 thousand VND/tael in both directions compared to the end of yesterday's trading session.

The price of 1-5 chi SJC gold rings closed at 117.3-119.8 million VND/tael (buy - sell), up 500 thousand VND/tael in both directions.

Meanwhile, the price of 9999 gold rings at Doji increased by 300,000 VND/tael for buying and 100,000 VND/tael higher for selling compared to yesterday's closing price, trading at 117.3-120.3 million VND/tael (buying - selling).

World gold price today 8/22/2025

The world gold price was adjusted down this morning. At 9:03 am today (August 22, Vietnam time), the world spot gold price was at 3,332.4 USD/ounce, down 13.6 USD/ounce compared to last night.

On the morning of August 22, the world gold price converted to USD bank price was over 107.7 million VND/tael, including tax and fees, about 17.7 million VND/tael lower than the domestic gold price.

At 8:00 p.m. on August 21 (Vietnam time), the spot gold price was at $3,346/ounce, while the gold futures contract for September 2025 delivery on the Comex floor was at $3,344/ounce.

Previously, spot gold prices were around $3,340.5/ounce after the Philadelphia Federal Reserve's manufacturing business outlook report showed regional economic activity declined in August.

The overall activity index fell sharply to -0.3, well below July's 15.9 and economists' expectations of 6.8, the report said. The new orders index fell into negative territory.

The employment index fell to 5.9 from 10.3, reflecting a weakening labor market. Inflationary pressures remained high, with the price index rising 8 points to 66.8, its highest level since May 2022.

Earlier, the US Department of Labor released data showing that the labor market is weakening. Initial jobless claims were a seasonally adjusted 235,000 for the week ending August 16. That was much higher than economists' forecast of 225,000 and up significantly from 224,000 the previous week.

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Domestic gold price hits new peak. Photo: Chi Hieu

Traders are awaiting a speech by Federal Reserve Chairman Jerome Powell at the Jackson Hole annual meeting this Friday, which is expected to provide clearer signals on the future direction of monetary policy.

Economists said the weak manufacturing data reinforced expectations that the Fed will resume its easing cycle next month, which should provide a boost to gold. However, until official information is released, gold prices are likely to remain hovering around key support levels in the short term.

A rate cut reduces the opportunity cost of holding non-yielding assets like gold, making the precious metal more attractive to investors, which is why gold prices jumped after the data was released.

Crude oil prices have risen and are currently trading at around $63.25 a barrel, while the yield on the 10-year US Treasury note is at 4.306%.

Gold Price Forecast

Market analysts say the Fed needs to act to support the economy. Investors are waiting for further policy moves from the Fed, any sign of easing monetary policy is good news for the gold market.

In its latest analysis, Swiss investment bank UBS said demand for gold bullion has increased the most since 2011, driven by a combination of macro factors.

Persistent economic risks in the US, concerns about the independence of the Fed and the sustainability of fiscal policy, along with geopolitical instability are reinforcing the trend of de-dollarization and pushing central banks to increase gold purchases.

Central bank net buying will remain strong, although it may be lower than last year’s record. UBS forecasts total global gold demand will rise 3% to 4,760 tonnes by 2025, marking the highest level in more than a decade.

UBS raised its gold price forecast for the first quarter of 2026 by $100 to $3,600 an ounce. The bank also raised its forecast for the second quarter of 2026 by $200 to $3,700 an ounce and set a similar target for the third quarter.

Source: https://vietnamnet.vn/gia-vang-hom-nay-22-8-2025-vang-nhan-lien-tuc-lap-ky-luc-moi-sjc-tren-dinh-cao-2434592.html