Update gold price today 8/8/2025 latest in domestic market
| Gold price today | ||||
|---|---|---|---|---|
| Buy | Sell | |||
| SJC in Hanoi | 123.2 | ▲800K | 124.4 | ▲600K |
| DOJI Group | 123.2 | ▲500K | 124.4 | ▲300K |
| Red Eyelashes | 123.4 | ▲500K | 124.4 | ▲600K |
| PNJ | 123.2 | ▲800K | 124.4 | ▲600K |
| Vietinbank Gold | 124.4 | ▲600K | ||
| Bao Tin Minh Chau | 122.6 | ▲200K | 124.0 | ▲200K |
| Phu Quy | 122.2 | ▲1000K | 124.4 | ▲600K |
SJC and PNJ gold prices break out strongly
SJC and DOJI gold prices surged, hitting record highs
Specifically, in Hanoi, Ho Chi Minh City and Da Nang, the price of SJC gold has increased strongly. The buying price increased by 800 thousand VND/tael, listed at 123.2 million VND/tael. The selling price was no less exciting when it increased by 600 thousand VND/tael, to 124.4 million VND/tael, setting a new record.
Also in the context of the bustling market, DOJI Group quickly adjusted the gold price to catch up with the trend. DOJI gold price today recorded a significant increase in both directions. Specifically, the buying price was increased by 500 thousand VND/tael, reaching 123.2 million VND/tael. Meanwhile, the selling price also increased by 300 thousand VND/tael, stopping at 124.4 million VND/tael.
Gold prices at other brands also increased simultaneously.
Gold prices at Mi Hong are also not outside the general upward trend of the market. Compared to the previous trading session, the buying price here increased by 500 thousand VND/tael, to 123.4 million VND/tael. In particular, the selling price increased sharply by 600 thousand VND/tael, reaching 124.4 million VND/tael.
Gold brand PNJ also made a similar move to SJC, with an impressive increase. PNJ's buying price was listed at 123.2 million VND/tael, an increase of 800 thousand VND/tael. The selling price also increased by 600 thousand VND/tael, to 124.4 million VND/tael.
Vietinbank Gold listed the selling price at 124.4 million VND/tael, with a sharp increase of 600 thousand VND/tael compared to the previous session.
Bao Tin Minh Chau brand also made a slight price adjustment. Specifically, the buying price was listed at 122.6 million VND/tael, an increase of 200 thousand VND/tael. The selling price also increased by 200 thousand VND/tael, stopping at 124.0 million VND/tael.
Not out of the general trend, the gold price in Phu Quy also increased sharply. Notably, the buying price here increased dramatically by 1,000,000 VND/tael, reaching 122.2 million VND/tael. Meanwhile, the selling price also increased sharply by 600 thousand VND/tael, listed at 124.4 million VND/tael.
The price of 9999 plain gold rings today, August 8, 2025, is unchanged compared to yesterday.
At 6:00 p.m. on August 8, 2025, the price of DOJI's 9999 Hung Thinh Vuong round gold ring was listed at VND 117.5 million/tael (buy) and VND 120.0 million/tael (sell), unchanged in both directions compared to the previous day, with a buy-sell difference of VND 2.5 million/tael.
Plain gold ring price today August 8, 2025 increased slightly at Phu Quy
Bao Tin Minh Chau kept the price of gold rings at 117.8 million VND/tael (buy) and 120.8 million VND/tael (sell), no new changes compared to early this morning, with a difference of 3 million VND/tael.
Phu Quy Group also listed the price of gold rings at 117.0 million VND/tael (buy) and 120.0 million VND/tael (sell), an increase of 200,000 VND/tael in both directions compared to yesterday, with a buy-sell difference of 3 million VND/tael.
Gold price list this afternoon August 8, 2025 in Vietnam in detail
Update gold price this afternoon August 8, 2025 latest on the world market
World gold price, at 6:00 p.m. on August 8, 2025 (Vietnam time), the world spot gold price was at 3,382.9 USD/ounce. Today's gold price decreased by 12 USD. Converted according to the USD exchange rate at Vietcombank (26,400 VND/USD), the world gold price is about 111.96 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (123.2-124.4 million VND/tael), the SJC gold price is currently about 12.44 million higher than the international gold price.
On August 8, 2025, the world gold market experienced a major upheaval, with today's spot gold price soaring to a record high. Specifically, the US gold futures contract price jumped more than 1% to $3,489.40, even reaching a peak of $3,534.10. However, the spot gold price only increased slightly, reaching $3,399.22 per ounce. This shows that there is a significant difference between the spot gold price and the gold price traded for the future.
The main reason for this difference is the US government’s recent imposition of a new tariff on imported 1kg gold bars. According to a report from the Financial Times, this has created an unprecedented gap between the price of gold futures in New York and the spot price of gold. The last time the gap was this large was in 2020, when the gold supply chain was disrupted by the COVID-19 pandemic.
The new tax is expected to hit Switzerland, the world’s largest gold refining hub, hard. Experts say the tax will disrupt gold trade, making it difficult for importers and could increase the price of gold sold to end consumers. It could also create a supply shortage, pushing gold prices even higher.
In addition to tax policy, another factor supporting gold prices is the expectation that the US Federal Reserve will cut interest rates. Weak US jobs data last week has reinforced the possibility of a rate cut next month, with the odds of a rate cut as high as 89%. Lower interest rates typically make gold more attractive because it does not offer the same yield as other assets such as bonds.
News, gold price forecast tomorrow 8/9/2025
Gold price today August 8, 2025 has a rather complicated development, with important news from the international market. Although the world spot gold price decreased slightly by 12 USD, down to 3382.9 USD/ounce, but if converted to Vietnamese currency (at the exchange rate of 26,400 VND/USD), the world gold price is still very high, about 111.96 million VND/tael. Notably, compared to the domestic SJC gold price, the world gold price is about 12.44 million VND/tael lower.
The world gold market is being affected by two major news streams. The first is the US's sudden imposition of import tax on 1kg gold bars. This policy makes buying gold from major centers like Switzerland much more expensive, causing gold prices in the US to skyrocket. This tax is like a "barrier" pushing up the price of gold, making it different in price from other markets.
Second, investors are expecting the US central bank (Fed) to cut interest rates soon. Lower interest rates mean that holding gold will become more attractive, as other investment channels such as savings deposits no longer bring much profit. This causes many people to rush to buy gold, pushing the price of this precious metal to continue to rise.
In general, with these developments in the international market, domestic gold prices will also be strongly affected. Therefore, it is very likely that SJC gold prices in the morning trading session on August 9 will tend to increase following the world trend.
Source: https://baodanang.vn/gia-vang-ngay-mai-9-8-2025-gio-moi-cho-gia-vang-fed-va-thue-3298958.html
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