Gold price today (August 6): Gold bars are about to reach their peak...

Domestic gold prices today (August 6) increased by 500,000 VND/tael in both directions, listed at 123.8 million VND/tael for sale. Meanwhile, world gold prices continued to increase, approaching the threshold of 3,400 USD/ounce.

Domestic gold bar price today

Brands SJC, PNJ, DOJI , Bao Tin Minh Chau simultaneously increased the price of gold bars by 500,000 VND/tael in both directions, listed at 122.2 - 123.8 million VND/tael (buy - sell).

Phu Quy SJC buys 1 million VND/tael lower than other gold brands, trading at 121.2 million VND/tael for buying and 123.8 million VND/tael for selling.

Thus, SJC gold bars are now approaching the historical peak (124 million VND/tael) set last April.

Domestic gold bar prices updated at 5:00 a.m. August 6 as follows:

Yellow	Area	Early morning 5-8	Early morning 6-8	Difference
Buy	Sell	Buy	Sell	Buy	Sell
Unit of measure: Million VND/tael	Unit of measure: Thousand dong/tael
DOJI	Hanoi	121.7	123.3	122.2	123.8	+ 500	+ 500
Ho Chi Minh City	121.7	123.3	122.2	123.8	+ 500	+500
SJC	Ho Chi Minh City	121.7	123.3	122.2	123.8	+500	+500
Hanoi	121.7	123.3	122.2	123.8	+500	+500
Danang	121.7	123.3	122.2	123.8	+500	+500
PNJ	Ho Chi Minh City	121.7	123.3	122.2	123.8	+500	+500
Hanoi	121.7	123.3	122.2	123.8	+500	+500
Bao Tin Minh Chau	Nationwide	121.7	123.3	122.2	123.8	+500	+500
Phu Quy SJC	Nationwide	120.5	123.3	121.2	123.8	+700	+500

Domestic gold ring price today

Similar to gold bars, today's gold ring price was adjusted by brands to increase by 500,000 - 700,000 VND/tael compared to yesterday morning, listed at the highest price of 120.8 million VND/tael for sale.

Specifically, SJC listed the price of gold rings at 116.8 - 119.3 million VND/tael (buy - sell), an increase of 500,000 VND/tael in both directions.

Phu Quy traded gold rings at 116.7 - 119.7 million VND/tael, an increase of 700,000 VND/tael in both directions.

PNJ and DOJI both traded gold rings at 117.5 - 120 million VND/tael, an increase of 500,000 VND/tael in both directions.

Bao Tin Minh Chau gold rings also increased the price of gold rings in both directions by 600,000 VND/tael, currently trading at 117.8 - 120.8 million VND/tael (buy - sell).

Gold price today (August 6): Gold bars and gold rings both increased in price. Illustration photo: Vneconomy

World gold price today

The acceleration of the domestic gold market took place in the context of the world gold price also breaking out strongly. According to records this morning, the world spot gold price increased by 0.03% compared to yesterday morning and remained at a high of 3,382 USD/ounce (equivalent to 108 million VND/tael converted according to Vietcombank exchange rate, excluding taxes and fees).

The gap between domestic and world gold prices remains very high. Converted according to Vietcombank exchange rate, each tael of world gold is currently 15.8 million VND/tael lower than the price of SJC gold bars.

World gold prices continued to increase today, approaching the threshold of 3,400 USD/ounce. Illustration photo: Reuters

Thus, the world gold price today continued to increase, approaching the threshold of 3,400 USD/ounce. The main reason is believed to be due to the US labor market being weaker than expected, increasing the possibility of the US Federal Reserve (FED) cutting interest rates, thereby promoting the increase of this precious metal as investors seek gold as a safe haven.

Some analysts note that since hitting a historic peak of $3,500 on April 22, 2025, gold prices have been trading in a narrow range of $3,180 to $3,400 per ounce. Based on macro assumptions, analysts predict that gold prices could reach $3,850 per ounce in the second quarter of 2026, and the current period is like a “spring compression” - preparing for a strong gold price increase in the near future.

Meanwhile, Citigroup (a US multinational financial group) has just raised its forecast for world gold prices to $3,500/ounce in the next 3 months, from $3,300/ounce given in June 2025, with the trading threshold adjusted up from $3,100 - $3,500/ounce to $3,300 - $3,600/ounce. The main reasons include concerns about US economic growth, high inflation due to US President Donald Trump's tariff policy and a weakening USD.

MR. PHUONG

*Please visit the Economics section to see related news and articles.

Source: https://baolamdong.vn/gia-vang-hom-nay-6-8-vang-mieng-sap-cham-moc-dinh-lich-su-386520.html