Market on September 2, 2025: Gold rings on the rise, gasoline prices increase due to weakening USD

Domestic gold bar price today

The domestic price of SJC gold bars has not shown any signs of cooling down as it is still "anchored" at the mark of 130.6 million VND/tael for sale.

Specifically, DOJI listed the price of gold bars at 129.1 - 130.6 million VND/tael (buy - sell), not much fluctuation compared to early this morning.

SJC and PNJ brands also simultaneously traded gold bars at 129.1 - 130.6 million VND/tael (buy - sell), stable compared to early yesterday morning.

Bao Tin Minh Chau listed the price of gold bars at 128.6 - 130.6 million VND/tael (buy - sell), stable compared to early yesterday morning.

Phu Quy SJC gold bars traded at 128.1 - 130.6 million VND/tael (buy - sell), stable compared to early this morning.

Domestic gold bar prices updated on the morning of September 2 are as follows:

Yellow	Early morning 1/9		Early morning 2/9		Difference
	Buy	Sell	Buy	Sell	Buy	Sell
	Unit of measure: Million VND/tael				Unit of measure: Thousand dong/tael
DOJI	129.1	130.6	129.1	130.6	-	-
SJC	129.1	130.6	129.1	130.6	-	-
PNJ	129.1	130.6	129.1	130.6	-	-
Bao Tin Minh Chau	128.6	130.6	129.1	130.6	-	-
Phu Quy	128.1	130.6	129.1	130.6	-	-

Domestic gold ring price today

The price of gold rings today (September 2) has fluctuated in some brands. Phu Quy brand gold rings have increased sharply by 500,000 VND/tael compared to yesterday morning, listed at 122.8 - 125.8 million VND/tael (buy - sell).

Bao Tin Minh Chau is currently trading at 122.8 - 125.8 million VND/tael (buy - sell), an increase of 200,000 VND/tael compared to yesterday morning.

The price of gold rings of brands such as SJC, DOJI, PNJ is basically stable compared to yesterday morning.

Specifically: SJC listed gold rings at 122.5 - 125 million VND/tael (buy - sell).

DOJI brand gold rings are traded at 122.5 - 125.5 million VND/tael (buy - sell).

PNJ gold rings are currently trading at 122.5 - 125.4 million VND/tael (buy - sell).

Thị trường ngày 2/9/2025: Vàng nhẫn trên đà tăng mạnh, giá xăng dầu tăng do đồng USD suy yếu - Ảnh 1. — *The domestic price of SJC gold bars has not shown any signs of cooling down as it is still "anchored" at the mark of 130.6 million VND/tael for sale.*

World gold price today

World gold prices increased today, with spot gold prices at $3,475.70/ounce. World gold prices generally increased by 0.85% in the past 24 hours, equivalent to an increase of $29.2/ounce.

With the domestic gold bar price basically stable and the world gold price listed at Kitco at 3,474.19 USD/ounce (equivalent to about 111 million VND/tael converted according to Vietcombank exchange rate, excluding taxes and fees), the difference between domestic and world gold prices is about 19.6 million VND/tael.

Gold hit its highest in more than four months on Monday, just $23 away from an all-time high, boosted by expectations of a Federal Reserve rate cut and a weaker dollar. Meanwhile, silver prices topped $40 an ounce for the first time since 2011.

At 9:37 a.m. Eastern Time (8:37 p.m. Hanoi Time) on September 1, spot gold rose 0.9% to $3,477.56 an ounce, the highest level since April 22, when gold hit a record high of $3,500.05 an ounce. US gold futures for December 2025 delivery rose 0.9% to $3,547.70 an ounce.

World oil prices

Brent crude oil prices rose 1% in early trading on September 1 amid concerns that the Russia-Ukraine conflict could disrupt supplies, while a weaker US dollar also supported oil prices.

According to Reuters, Brent oil price increased by 0.67 USD/barrel (equivalent to 0.99%), to 68.15 USD/barrel; WTI oil price increased by 0.6 USD/barrel (equivalent to 0.94%), to 64.611 USD/barrel.

Due to the Labor Day holiday in the US, the market did not record an official closing price for WTI oil on September 1. Trading volume for both types of oil also decreased due to the impact of the holiday.

The market remains concerned about oil flows from Russia, as weekly oil exports from the country’s ports fell to a four-week low of 2.72 million barrels per day, according to tanker tracking data cited by ANZ analysts.

Before the data was released, the US dollar fell to a five-week low, making oil cheaper for buyers using other currencies.

According to HSBC experts, entering the late summer period, global oil inventories are expected to increase in the fourth quarter of 2025 and the first quarter of 2026, with a supply surplus of about 1.6 million barrels/day in the last quarter of the year.

Increased supply from OPEC+, coupled with rising inventories, could continue to pressure oil prices. In August, both Brent and WTI posted their first monthly decline after four consecutive months of gains, falling more than 6%.

Thị trường ngày 2/9/2025: Vàng nhẫn trên đà tăng mạnh, giá xăng dầu tăng do đồng USD suy yếu - Ảnh 2. — *Domestically, gasoline prices have been adjusted to increase simultaneously.*

Domestic gasoline prices

Domestic retail prices of gasoline on September 2, specifically as follows:

E5RON92 gasoline: No higher than 19,771 VND/liter

RON95-III gasoline: No higher than VND20,363/liter

Diesel 0.05S: Not higher than 18,357 VND/liter

Kerosene: Not higher than 18,225 VND/liter

Mazut oil 180CST 3.5S: Not higher than 15,260 VND/kg

In response to recent developments in world petroleum product prices, the above domestic petroleum retail prices were adjusted by the Ministry of Industry and Trade - Ministry of Finance from the afternoon of August 28. Accordingly, petroleum prices increased simultaneously. E5RON92 gasoline price increased by 307 VND/liter, RON95-III gasoline increased by 271 VND/liter, diesel increased by 452 VND/liter, kerosene increased by 411 VND/liter, and fuel oil increased by 144 VND/kg.

In this operating period, the Ministry of Industry and Trade - Ministry of Finance did not set aside or use the Petroleum Price Stabilization Fund for E5RON92 gasoline, RON95 gasoline, diesel oil, kerosene, and fuel oil.

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