Domestic gold price today September 8, 2025

At the end of the trading session on September 8, the price of SJC gold bars closed at 133.1-135.1 million VND/tael (buy - sell), down 800,000 VND/tael for buying and down 300,000 VND/tael for selling compared to the end of last week.

The price of SJC 1-5 chi gold rings closed at 127.7-130.2 million VND/tael (buy - sell), unchanged from the closing price last weekend.

The price of 9999 gold rings at Doji ended the session at 127.7-130.7 million VND/tael (buy - sell), unchanged from the end of last week.

World gold prices increased slightly this morning. At 8:27 am today (September 8, Vietnam time), the world spot gold price was at 3,590.9 USD/ounce, up 5.3 USD/ounce compared to the close of last week.

Meanwhile, gold bar prices fell this morning after rising sharply last week.

Opening the trading session on September 8, the price of SJC gold bars was adjusted down by VND800,000/tael for buying and down by VND300,000/tael for selling compared to the end of last week, down to VND133.1-135.1 million (buying - selling).

Buy (VND/tael) Increase/decrease Sell ​​(VND/tael) Increase/decrease
SJC HCMC 133,100,000 - 800,000 135,100,000 - 300,000
Doji Hanoi 133,100,000 - 800,000 135,100,000 - 300,000
Doji HCMC 133,100,000 - 800,000 135,100,000 - 300,000

SJC and Doji gold bar price list updated on the morning of September 8

Meanwhile, domestic gold ring prices fluctuated little this morning.

The price of SJC 1-5 chi gold rings is listed at 127.7-130.2 million VND/tael (buy - sell), unchanged from the closing price last weekend.

The price of 9999 gold rings at Doji also remained the same as last week, trading at 127.7-130.7 million VND/tael (buy - sell).

Buy (VND/tael) Increase/decrease Sell ​​(VND/tael) Increase/decrease
SJC 127,700,000 0 130,200,000 0
Doji 127,700,000 0 130,700,000 0

SJC and Doji gold ring price list updated on the morning of September 8

Last week, the price of SJC gold bars increased sharply, continuously setting new records. At the opening of the trading session, the price of SJC gold bars increased by 2.8 million VND/tael compared to before the National Day holiday on September 2, reaching 131.9-133.4 million VND/tael (buy-sell), setting a new record.

On September 4, the gold price continued to increase by 500,000 VND/tael, listed at 132.4-133.9 million VND/tael (buy - sell), breaking the previous record.

The increase has not stopped yet. On September 5, the price of SJC gold bars increased by 500,000 VND/tael, to 132.9-134.4 million VND/tael (buy-sell).

On September 6, the price of SJC gold bars increased sharply by 1 million VND/tael, reaching a historical high of 133.9-135.4 million VND/tael (buy - sell).

Thus, in just the first 4 days of September, the price of SJC gold bars increased by 4.8 million VND/tael in both directions, equivalent to an increase of about 3.6%.

The price of gold rings also increased sharply. At the end of the week, the price of SJC gold rings of 1-5 chi was listed at 127.7-130.2 million VND/tael (buy - sell). The price of 9999 gold rings at Doji was listed at 127.7-130.7 million VND/tael (buy - sell).

Since the beginning of the week, the price of SJC gold rings (1-5 taels) has increased by 4.7 million VND/tael (buy) and 4.7 million VND/tael (sell), equivalent to an increase of about 3.7%.

Doji's 9999 gold ring increased by 4.2 million VND/tael (buy) and 4.4 million VND/tael (sell), equivalent to an increase of about 3.4%.

gold price.jpg
Gold prices are expected to increase. Photo: Kitco

World gold price today September 8, 2025

Meanwhile, world gold prices also increased sharply. The employment data released was significantly lower than expected, pushing gold prices from $3,550/ounce to another record of $3,583. The increase did not stop, gold prices remained above $3,590/ounce until the end of the week.

The main reason driving up world gold prices is the expectation that the US Federal Reserve (Fed) will cut interest rates at its meeting on September 17, with the possibility of a 25 basis point reduction.

The weakening of the US dollar and falling US bond yields also supported gold prices, as the precious metal is seen as a safe haven asset, especially in the context of US inflation and global geopolitical instability.

Wall Street experts are bullish on the precious metal, while Main Street retail investors are also bullish, according to the latest Kitco News weekly gold survey.

This week, the market will pay attention to a number of economic reports such as the US Producer Price Index (PPI) for August, the European Central Bank (ECB) policy meeting, the US Consumer Price Index (CPI) for August. The University of Michigan consumer sentiment survey will reveal more about inflation expectations.

Gold price forecast

Colin Cieszynski, chief market strategist at SIA Wealth Management, said the disappointing US jobs data increased pressure on the Fed to cut interest rates at its upcoming meeting, possibly by 50 basis points. This would push down bond yields and the US dollar, paving the way for gold to continue climbing.

Gold's recent surge has been driven by macro funds buying, according to Paul Wong, market strategist at Sprott Asset Management.

In addition, an important fundamental factor supporting gold prices is the loss of confidence in the entire financial system, central banks, institutions, and governments. When confidence in monetary assets declines, investors will seek gold. Gold is becoming a safe asset.

Paul Wong said that the gold technical chart has been in a four-month consolidation phase, a very positive pattern. When such a bullish pattern breaks out strongly, the next target on the chart is around $3,900.

Gold prices are likely to fall, according to Rich Checkan, President and COO of Asset Strategies International. Checkan predicts a slight decline in gold prices due to profit-taking by investors. In addition, the market's caution ahead of the interest rate decision is a factor. This event often causes a wait-and-see attitude, causing investors to reduce their trading positions until there is clear information.

Gold price today September 8, 2025: SJC gold bars fell sharply after the Prime Minister's 'hot' directive . Gold price today September 8, 2025 recorded a sharp drop in SJC gold bars after the Prime Minister's drastic directive. Accordingly, SJC gold fell by 800,000 VND/tael right at the beginning of the morning session.

Source: https://vietnamnet.vn/gia-vang-hom-nay-8-9-2025-sjc-dien-bien-the-nao-khi-rui-ro-dang-gia-tang-2440097.html