Gold price on August 19: Domestic price is 18.4 million higher than world price

Gold price this afternoon, August 19, 2025: Domestic gold price is over 125 million, 18.4 million higher than world gold price. Buying gold in the rain, customers are confident that gold price will continue to increase

Domestic gold price this afternoon August 19, 2025

As of 4:00 p.m. this afternoon, August 19, 2025, the domestic gold bar price remained at the peak compared to yesterday. Specifically:

The price of SJC gold bars listed by DOJI Group is at 124-125 million VND/tael (buy - sell), the price remains unchanged in both buying and selling directions compared to yesterday.

At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 124-125 million VND/tael (buy - sell), the price remained unchanged in both buying and selling directions compared to the closing price on August 18 yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 124.5-125 million VND/tael for buying and selling. Compared to yesterday, the gold price remained unchanged in both buying and selling directions.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 124-125 million VND/tael (buy - sell), the price remains unchanged in both buying and selling directions compared to the same period yesterday.

SJC gold price in Phu Quy is traded by businesses at 123-125 million VND/tael (buy - sell), gold price remains unchanged in both buying and selling directions compared to yesterday.

As of 4:00 p.m. on August 19, 2025, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 117-120 million VND/tael (buy - sell); the price remained unchanged in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 117.2-120.2 million VND/tael (buy - sell); unchanged in both buying and selling directions compared to yesterday.

The latest gold price list this afternoon, August 19, 2025 is as follows:

Gold price this afternoon	August 19, 2025 (million dong)		Difference (thousand dong/tael)
	Buy	Sell	Buy	Sell
SJC in Hanoi	124	125	-	-
DOJI Group	124	125	-	-
Red Eyelashes	124.5	125	-	-
PNJ	124	125	-	-
Bao Tin Minh Chau	124	125	-	-
Phu Quy	123	125	-	-

1. DOJI - Updated: August 19, 2025 16:00 - Source website time - ▼/▲ Compared to yesterday.
AVPL/SJC HN	124,000	125,000
AVPL/SJC HCM	124,000	125,000
AVPL/SJC DN	124,000	125,000
Raw material 9999 - HN	109,800	110,800
Raw material 999 - HN	109,700	110,700

2. PNJ - Updated: August 19, 2025 16:00 - Time of the source website - ▼/▲ Compared to yesterday.
SJC 999.9 gold bar	124,000	125,000
PNJ 999.9 Plain Ring	117,000 ▲200K	119,800
Kim Bao Gold 999.9	117,000 ▲200K	119,800
Gold Phuc Loc Tai 999.9	117,000 ▲200K	119,800
PNJ Gold - Phoenix	117,000 ▲200K	119,800
999.9 gold jewelry	116,100	118,600
999 gold jewelry	115,980	118,480
9920 jewelry gold	115,250	117,750
99 gold jewelry	115,010	117,510
916 Gold (22K)	106,240	108,740
750 Gold (18K)	81,600	89,100
680 Gold (16.3K)	73,300	80,800
650 Gold (15.6K)	69,740	77,240
610 Gold (14.6K)	65,000	72,500
585 Gold (14K)	62,030	69,530
416 Gold (10K)	41,990	49,490
375 Gold (9K)	37,130	44,630
333 Gold (8K)	31,790	39,290

3. SJC - Updated: August 19, 2025 16:00 - Source website time - ▲/▼ Compared to yesterday.
SJC Gold 1L, 10L, 1KG	124,000	125,000
SJC gold 5 chi	124,000	125,020
SJC gold 0.5 chi, 1 chi, 2 chi	124,000	125,030
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi	117,000	119,600
SJC 99.99% gold ring 0.5 chi, 0.3 chi	117,000	119,500
Jewelry 99.99%	116,800	118,600
Jewelry 99%	112,925	117,425
Jewelry 68%	73,606	80,806
Jewelry 41.7%	42,411	49,611

World gold price this afternoon August 19, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:00 p.m. on August 19, Vietnam time, was 3,338.42 USD/ounce. This afternoon's gold price decreased by 8.58 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,480 VND/USD), the world gold price is about 106.6 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 18.4 million VND/tael higher than the international gold price.

On the bustling Tran Nhan Tong street, long lines of people form from early morning under the unpredictable sun and rain of Hanoi, all with the same purpose: buying gold. This image has become familiar in recent days when the price of gold has continuously reached new peaks, reflecting the psychology of people looking for safe investment channels in the face of unpredictable economic fluctuations.

SJC gold continues to affirm its position as the most popular product with a not-so-large price difference between dealers, creating favorable conditions for buyers to compare and choose. It is worth noting that although the gold price is at a record high, many people are still willing to wait in line to own each tael of gold, demonstrating the belief that this item will continue to increase in price in the future.

Meanwhile, world gold prices fell slightly as investors focused on the upcoming Jackson Hole conference of the Fed. Specifically, spot gold prices fell slightly by 0.26%, while December futures contracts increased by 0.1% to 3,381.5 USD/ounce.

According to Mr. Kyle Rodda, financial market analyst at Capital.com: "Gold is still in the accumulation phase and waiting for new momentum to break out. The important event to watch is the Jackson Hole conference and whether the Fed signals policy easing or not."

Investors now see an 84% chance of the Fed cutting rates by 25 basis points at its next meeting, which is a positive for gold as the precious metal tends to rise in low-interest-rate environments and when uncertainty increases.

Minutes from the Fed’s July policy meeting, due out on Wednesday, will also provide further clues on the direction of monetary policy. On the geopolitical front, Washington’s efforts to resolve the conflict in Ukraine are also being closely watched.

UBS Bank recently raised its gold price target by $100 to $3,600/ounce by the end of March 2026, based on persistent US macro risks, the trend of reducing the use of the USD and strong investment demand.

Besides gold prices, spot silver prices fell 0.3% to $37.88/ounce, platinum fell slightly 0.1% to $1,321.58 and palladium fell 1.1% to $1,110.53.

Gold Price Forecast

According to Ms. Roukaya Ibrahim, Chief Strategist at BCA Research, the gold price has been rising not only due to short-term factors but also due to long-term structural factors such as increasing investment demand and strong central bank buying. Despite pressure from peaking stock markets and high bond yields, the price of gold has maintained a key support level around the $3,300/ounce mark.

Ms Ibrahim said: 'The fact that gold prices have risen despite the headwinds suggests that this rally is a long-term trend, not a temporary one. Gold's resilience since mid-April reinforces this view. Despite being oversold, gold has held firm, demonstrating that there are buyers on every dip.'

Ms. Ibrahim predicts that gold will rise sharply when the US Federal Reserve (Fed) starts cutting interest rates. The market expects the Fed to cut interest rates in September, followed by two more cuts later in the year.

'Gold has risen over the past three years despite high real interest rates and a strong US dollar. But in the near future, these two factors will become leverage to push gold prices higher, with real interest rates falling as the US labor market slows or the Trump administration pressures the Fed to pursue an easing policy.'

In addition, BCA Research also forecasts that the USD will weaken in the coming months, creating more favorable conditions for gold. 'The USD may depreciate due to the fact that foreign investment in the US is not enough to offset the current account deficit,' Ms. Ibrahim explained.

Rhona O'Connell, Head of Market Analysis for EMEA & Asia at StoneX, has just raised her 2024 average gold price forecast to $3,115 per ounce, up slightly by 1% from $3,078 previously. She noted that gold prices have been trading in a narrow range recently, with a 2% increase in the past week and an 8% increase in the past three months.

O'Connell predicts that gold prices will average around $3,320 an ounce in the third quarter, but could fall to around $3,000 in the fourth quarter. She says that barring a major unexpected event or humanitarian crisis, gold's recent peak of $3,500 in April is unlikely to be breached.

"Gold is still in a sideways position and waiting for a new trigger to break out. The key event to watch is the Jackson Hole conference and whether the Fed signals a more dovish stance," said Kyle Rodda, financial market analyst at Capital.com.

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Source: https://baonghean.vn/gia-vang-ngay-19-8-trong-nuoc-cao-hon-the-gioi-18-4-trieu-10304734.html