Update gold price today August 16, 2025 latest
SJC and DOJI gold prices remain unchanged
This morning, SJC gold price in Hanoi was listed at 123.5 million VND/tael (buy) and 124.5 million VND/tael (sell), unchanged from the previous session.
Similar to SJC, DOJI Group also listed the gold price at 123.5 million VND/tael (buy) and 124.5 million VND/tael (sell). PNJ also continued to maintain the price at 123.5 million VND/tael (buy) and 124.5 million VND/tael (sell).
Gold prices at other brands also stagnated.
While other brands remain the same, Mi Hong is a little different. The gold price here is listed at 123.8 million VND/tael (buy) and 124.5 million VND/tael (sell).
Vietinbank Gold listed the selling price at 124.5 million VND/tael. Phu Quy Group listed the buying price at 122.7 million VND/tael and the selling price at 124.5 million VND/tael.
Bao Tin Minh Chau listed the price of SJC gold bars at 123.5 million VND/tael (buy) and 124.5 million VND/tael (sell).
The price of 9999 plain gold rings today, August 16, 2025, has not recorded any new changes compared to yesterday.
At 10:30 a.m. on August 16, 2025, the price of DOJI's 9999 Hung Thinh Vuong round gold ring was listed at VND 116.5 million/tael (buy) and VND 119.5 million/tael (sell), unchanged in both buying and selling directions compared to the previous day, with a buying - selling difference of VND 3 million/tael.
Plain gold ring price today August 16, 2025 increased slightly at Phu Quy
Bao Tin Minh Chau kept the price of gold rings at 116.8 million VND/tael (buy) and 119.8 million VND/tael (sell), unchanged in both directions compared to early this morning, with a difference of 3 million VND/tael.
Phu Quy Group also listed the price of gold rings at 116.5 million VND/tael (buy) and 119.5 million VND/tael (sell), stable in both directions compared to yesterday, with the difference between buying and selling being 3 million VND/tael.
Gold price list today August 16, 2025 in Vietnam in detail
Update world gold price this afternoon August 16, 2025 latest
World gold price, at 6:30 p.m. on August 16, 2025 (Vietnam time), the world spot gold price was at 3,334.1 USD/ounce. Today's gold price decreased by 0.3 USD. Converted according to the USD exchange rate at Vietcombank (26,450 VND/USD), the world gold price is about 110.64 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (123.5-124.5 million VND/tael), the current SJC gold price is about 13.82 million higher than the international gold price.
World gold prices today remained stable, but still could not escape the sharp decline of the whole week, after "hot" US inflation data shook the predictions of interest rate cuts. The focus of the market is now on the "hot" talks between US President Donald Trump and his Russian counterpart Vladimir Putin.
Spot gold was little changed at $3,336.66 an ounce at 1:40 p.m. EDT (1740 GMT), down 1.8% for the week. U.S. gold futures were also little changed at $3,382.60. A weaker dollar makes dollar-denominated commodities more affordable for holders of other currencies.
Data released Thursday showed U.S. producer prices rose the most in three years in July. Traders immediately revised down expectations, cutting the odds of the Federal Reserve cutting interest rates by 25 basis points in September to 89.1%, from roughly 95% before the data was released. The non-yielding precious metal fell sharply after the news, with spot gold ending the session down 0.6%.
"While gold prices stabilized on Friday, fresh uncertainties may lie ahead depending on the outcome of the Trump-Putin summit in Alaska," said Lukman Otunuga, senior research analyst at FXTM. President Trump flew to Alaska for what he described as a "high-stakes summit" with Putin to discuss a ceasefire for Ukraine. Geopolitical uncertainty and low interest rates are typically strong drivers of safe-haven demand for gold.
Analysts at ANZ said that macro and geopolitical risks will increase in the second half of the year, further strengthening the appeal of gold. "The bullish outlook for gold remains intact, supported by the prospect of higher taxes, a slowing global economy, loose US monetary policy and persistent weakness in the US dollar," ANZ said. Recent data showed that US retail sales rose sharply in July, although a weakening labour market and rising commodity prices could curb consumer spending in the third quarter.
In other precious metals, spot silver fell 0.1% to $37.96 an ounce, down 1% for the week. Platinum lost 1.5% to $1,336.80, and palladium fell 2.6% to $1,116.52.
News, gold price forecast tomorrow August 17, 2025
Tomorrow, the Gold Price on August 17, 2025 will not change. Because on Sunday, domestic gold shops and the world market are temporarily closed, all updated information will be static. However, if you are interested in the gold price, this is the best time to review what happened this week and prepare for next week.
Last week, domestic gold prices, including SJC gold bars and gold rings, remained almost unchanged. SJC gold remained at around VND123.5 million/tael (buy) and VND124.5 million/tael (sell). This is like a person walking on a flat road, without much change.
The price of gold rings has also been similarly stable, with buying and selling prices remaining largely unchanged. This suggests that the domestic market is in a wait-and-see mode. It’s as if everyone is holding their breath and watching to see if something big is about to happen.
While domestic gold prices are quite quiet, the world market is very volatile. At the beginning of the week, gold prices fell sharply due to news about tariffs. Just like when you hear bad news, gold prices also react immediately by falling.
However, things started to change when news of inflation in the US came in. With inflation rising more slowly than expected, many thought the US Federal Reserve would soon cut interest rates. Imagine that when bank interest rates fall, deposits become less profitable, and gold suddenly becomes much more attractive.
But then on Thursday, another inflation indicator showed that price pressures were heating up. The news sent gold prices back down. This shows that the world gold market is very sensitive, just a new economic news can change prices immediately.
With a large gap between domestic and international gold prices and volatile international markets, domestic gold prices are likely to react when the market reopens on Monday. What is happening in the world could cause gold prices to continue to fluctuate.
Source: https://baodanang.vn/gia-vang-ngay-mai-17-8-2025-gia-vang-trong-nuoc-va-the-gioi-dong-loat-di-ngang-3299566.html
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