Gold price today, February 8, 2026: Gold increased by nearly 8 million VND/ounce compared to last week.

Gold prices today, February 8, 2026, closed the week higher but remained below the $5,000/ounce mark. The price of SJC gold bars also rose to 179.3 million VND/ounce.

World gold prices today, February 8, 2026

At the end of the week, the spot gold price on the international market was $4,924 per ounce. Gold futures for February 2026 on the Comex New York exchange were at $4,888 per ounce.

The weekend trading session showed that gold was unable to break back above the $5,000/ounce mark; however, the developments throughout the week clearly formed important support and resistance zones, which are likely to dominate the short-term trend.

Adrian Day, President of Adrian Day Asset Management, believes that the short- and medium-term outlook for gold prices remains bullish, despite the recent sharp sell-off in the market.

The recent sharp correction is not a sign that the uptrend has ended, but rather a technical and psychological reaction after gold prices experienced a period of unusually rapid increases.

Adrian Day predicts that in the coming weeks, the gold market will likely enter a period of sideways trading, with alternating periods of increases and decreases. This is considered normal after a sharp decline, as investors need more time to reassess their positions, balance supply and demand, and establish a new price level. Short-term fluctuations will not alter the market's main trend.

Gold prices closed the week higher. Photo: Pham Hai

Essentially, Adrian Day argues that the fundamental factors supporting gold prices remain intact. Key drivers such as geopolitical instability, macroeconomic risks, the burden of global public debt, and the trend towards asset diversification and reduced reliance on the US dollar continue to play a crucial role in sustaining demand for gold. These factors create a positive "deviation" for price trends in the medium and long term, even when the market experiences significant corrections.

The recent sell-off, while causing anxiety among many investors, has inadvertently created new opportunities for capital outside the market. As gold prices retreat from their historical peaks, valuations become more attractive to long-term investors, especially those who missed out on the earlier surge.

Domestic gold prices today, February 8, 2026

On February 7th, the price of SJC gold bars was listed at 176.3 million VND/ounce (buying price) and 179.3 million VND/ounce (selling price), an increase of nearly 3 million VND/ounce compared to the previous closing price. Compared to the end of last week, the price of SJC gold bars increased by 7.3 million VND/ounce.

The listed price for SJC gold rings is 175.8-178.8 million VND/ounce (buying price - selling price), an increase of 2.8 million VND/ounce compared to the closing price of the previous trading session. Compared to the end of last week, the price of SJC gold rings has increased sharply by 7.8 million VND/ounce in both buying and selling prices.

The price of gold rings at Doji increased by 3 million VND/ounce compared to the closing price of the previous trading session, trading at 176-179 million VND/ounce (buy - sell).

The price of plain gold rings at Bao Tin Minh Chau increased by 2.8 million VND/ounce compared to the previous closing price, listed at 176.3-179.3 million VND/ounce (buying price - selling price).

Gold price forecast

Recent gold price movements are causing concern among many investors. According to many experts, the market is not in a state of structural weakness but is undergoing a rebalancing process. The current correction and consolidation phase is unavoidable, even necessary. Although it has moved away from last week's record high, gold prices are gradually stabilizing within the 4,500–5,000 USD/ounce range.

Analysts emphasize that the recent sell-off does not signify a long-term trend reversal for gold. The significant price recovery from the lows indicates that underlying demand remains strong, even as leveraged positions are being liquidated. Central banks continue to buy gold at record levels, while physical demand in key markets such as India and China remains robust.

In addition, the proportion of gold in the portfolios of many institutional investors remains low, leaving room for increased allocation if macroeconomic instability persists.

Positive forecasts for gold remain in place. Many major banks continue to expect gold prices to approach $6,000 per ounce by the end of the year, based on structural factors such as rising public debt, fiscal imbalances, geopolitical risks, and the trend toward de-dollarization.

Source: https://vietnamnet.vn/gia-vang-hom-nay-8-2-2026-vang-tang-gan-8-trieu-dong-luong-so-voi-tuan-truoc-2488862.html