Gold price today August 12, 2025: Price drops due to profit-taking selling pressure at peak level

Gold price today 8/12/2025

At the time of survey at 4:30 a.m. on August 12, 2025, the price of gold bars was listed by some businesses specifically as follows:

The price of SJC gold bars was listed by Saigon Jewelry Company, Bao Tin Minh Chau, PNJ and DOJI Group at 122.7-123.9 million VND/tael (buy - sell), a decrease of 500,000 VND/tael in both buying and selling directions compared to yesterday.

Meanwhile, the price of SJC gold at Phu Quy was traded by businesses at 121.9-123.9 million VND/tael (buy - sell), the gold price decreased by 300,000 VND/tael in the buying direction - decreased by 500,000 VND/tael in the selling direction compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 123-123.9 million VND/tael for buying and selling. Compared to yesterday, the gold price decreased by 600,000 VND/tael for buying and 500,000 VND/tael for selling.

Regarding ring gold, the price of 9999 Hung Thinh Vuong round ring gold at DOJI is listed at 117-119.5 million VND/tael (buy - sell); the price decreased by 500,000 VND/tael in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 117.3-120.3 million VND/tael (buy - sell); down 500,000 VND/tael in both buying and selling directions compared to yesterday.

World gold price today August 12, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 a.m. today, Vietnam time, was at 3,346.71 USD/ounce. Today's gold price is unchanged compared to yesterday. Converted according to the USD exchange rate on the free market (26,427 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 about 17.3 million VND/tael higher than the international gold price.

Diễn biến giá vàng thế giới trong 24h qua. — World gold price developments in the past 24 hours.

U.S. gold futures for December delivery fell 2.3% to $3,410.50 an ounce at 8:57 a.m. ET (12:57 GMT). Spot gold also lost 1.2% to $3,356.30 an ounce.

Earlier on August 8, gold prices hit a new record following news that Washington might impose country-specific import tariffs on the most popular bullion traded in the U.S. However, later in the day, an official told Reuters that the White House planned to issue an executive order soon to clear up misinformation about tariffs on gold and other specific products.

“The market initially rallied on the uncertainty surrounding tariffs, but is now seeing cautious selling as investors await more clarity from the White House,” said Jim Wyckoff, senior analyst at Kitco Metals.

On economic data, the US will release the consumer price index (CPI) on Tuesday and the producer price index (PPI) on Thursday. “This week’s inflation data is particularly important after the weak jobs report. If the numbers are higher than expected, the Fed could pause its September rate cut plans, which would put downward pressure on gold prices,” Wyckoff said.

The recent weak jobs report has raised expectations that the Fed will cut interest rates in September. In addition, trade negotiations are also in the spotlight as the August 12 deadline set by US President Donald Trump for a US-China deal approaches.

At the same time, Mr. Trump is scheduled to meet Russian President Vladimir Putin on August 15 in Alaska to discuss ending the conflict in Ukraine.

Gold typically benefits from uncertainty and low interest rates. Meanwhile, other precious metals also fell: spot silver fell 1.5% to $37.76 an ounce, platinum fell 1.1% to $1,316.69 and palladium fell 1.1% to $1,138.30.

Source: https://baohatinh.vn/gia-vang-hom-nay-1282025-rot-gia-do-luc-ban-chot-loi-o-muc-dinh-post293536.html