Domestic gold price today August 24, 2025
As of 4:00 a.m. today, August 24, 2025, the price of domestic gold bars has increased sharply to a record high. Specifically:
SJC gold price is listed by DOJI Group at 125.6-126.6 million VND/tael (buy - sell), a sharp increase of 1.2 million VND/tael in both buying and selling directions compared to yesterday.
At the same time, the price of SJC gold was listed by Saigon Jewelry Company Limited - SJC at 125.6-126.6 million VND/tael (buy - sell), an increase of 1.2 million VND/tael in both buying and selling directions compared to the closing price on August 22 yesterday.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 126-126.6 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 1.6 million VND/tael for buying and 1.2 million VND/tael for selling.
SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 125.6-126.6 million VND/tael (buy - sell), the price increased by 1.2 million VND/tael in both buying and selling directions compared to the same period yesterday.
SJC gold price at Phu Quy is traded by businesses at 124.6-126.6 million VND/tael (buy - sell), gold price increased by 1.2 million VND/tael in both buying and selling directions compared to yesterday.
SJC gold price at Ngoc Tham was traded by businesses at a record high of 125-127 million VND/tael (buy - sell), the price increased by 1.5 million VND/tael in both buying and selling directions compared to the same period yesterday.
As of 4:00 a.m. on August 24, 2025, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 118.8-121.8 million VND/tael (buy - sell); an increase of 1.4 million VND/tael in both buying and selling directions compared to yesterday.
Bao Tin Minh Chau listed the price of gold rings at 118.7-121.7 million VND/tael (buy - sell); an increase of 1.1 million VND/tael in both buying and selling directions compared to yesterday.
The latest gold price list today, August 24, 2025 is as follows:
| Gold price today | August 24, 2025 (million dong) | Difference (thousand dong/tael) | ||
| Buy | Sell | Buy | Sell | |
| SJC in Hanoi | 125.6 | 126.6 | +1200 | +1200 |
| DOJI Group | 125.6 | 126.6 | +1200 | +1200 |
| Red Eyelashes | 126 | 126.6 | +1600 | +1200 |
| PNJ | 125.6 | 126.6 | +1200 | +1200 |
| Bao Tin Minh Chau | 125.6 | 126.6 | +1200 | +1200 |
| Phu Quy | 124.6 | 126.6 | +1200 | +1200 |
| 1. DOJI - Updated: August 24, 2025 04:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| AVPL/SJC HN | 125,600 ▲1200K | 126,600 ▲1200K |
| AVPL/SJC HCM | 125,600 ▲1200K | 126,600 ▲1200K |
| AVPL/SJC DN | 125,600 ▲1200K | 126,600 ▲1200K |
| Raw material 9999 - HN | 111,000 ▲1100K | 112,000 ▲1100K |
| Raw material 999 - HN | 110,900 ▲1100K | 111,900 ▲1100K |
| 2. PNJ - Updated: August 24, 2025 04:00 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| SJC 999.9 gold bar | 125,600 ▲1200K | 126,600 ▲1200K |
| PNJ 999.9 Plain Ring | 118,500 ▲1000K | 121,500 ▲1000K |
| Kim Bao Gold 999.9 | 118,500 ▲1000K | 121,500 ▲1000K |
| Gold Phuc Loc Tai 999.9 | 118,500 ▲1000K | 121,500 ▲1000K |
| PNJ Gold - Phoenix | 118,500 ▲1000K | 121,500 ▲1000K |
| 999.9 gold jewelry | 117,400 ▲400K | 119,900 ▲400K |
| 999 gold jewelry | 117,280 ▲400K | 119,780 ▲400K |
| 9920 jewelry gold | 116,300 ▲390K | 118,800 ▲390K |
| 99 gold jewelry | 116,300 ▲390K | 118,800 ▲390K |
| 916 Gold (22K) | 107,430 ▲370K | 109,930 ▲370K |
| 750 Gold (18K) | 82,580 ▲300K | 90,080 ▲300K |
| 680 Gold (16.3K) | 74,180 ▲270K | 81,680 ▲270K |
| 650 Gold (15.6K) | 70,590 ▲260K | 78,090 ▲260K |
| 610 Gold (14.6K) | 65,790 ▲240K | 73,290 ▲240K |
| 585 Gold (14K) | 62,790 ▲230K | 70,290 ▲230K |
| 416 Gold (10K) | 42,530 ▲170K | 50,030 ▲170K |
| 375 Gold (9K) | 37,610 ▲150K | 45,110 ▲150K |
| 333 Gold (8K) | 32,220 ▲130K | 39,720 ▲130K |
| 3. SJC - Updated: 8/24/2025 04:00 - Source website time - ▲/▼ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 125,600 ▲1200K | 126,600 ▲1200K |
| SJC gold 5 chi | 125,600 ▲1200K | 126,620 ▲1200K |
| SJC gold 0.5 chi, 1 chi, 2 chi | 125,600 ▲1200K | 126,630 ▲1200K |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 118,500 ▲1000K | 121,100 ▲1000K |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 118,500 ▲1000K | 121,000 ▲1000K |
| Jewelry 99.99% | 118,500 ▲1000K | 120,100 ▲1000K |
| Jewelry 99% | 114,410 ▲990K | 118,910 ▲990K |
| Jewelry 68% | 74,326 ▲680K | 81,826 ▲680K |
| Jewelry 41.7% | 42,736 ▲417K | 50,236 ▲417K |
World gold price today August 24, 2025 and world gold price fluctuation chart in the past 24 hours
According to Kitco, the world gold price recorded at 4:00 a.m. on August 24, Vietnam time, was 3,371.58 USD/ounce. Today's gold price increased by 43.03 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,520 VND/USD), the world gold price is about 107.8 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 18.8 million VND/tael higher than the international gold price.
World gold prices ended the week with a record increase, supported by growing expectations that the US Federal Reserve (Fed) could cut interest rates in September. These comments were made after Chairman Jerome Powell's speech at the annual conference in Jackson Hole.
Specifically, the spot gold price increased by 1.29% to 3,371.58 USD/ounce, while the gold futures contract in the US also increased by 1.1% to 3,418.50 USD. The 1% decrease in the USD contributed to making the price of gold cheaper for investors using other foreign currencies.
KCM Trade expert Tim Waterer said that gold prices are currently affected by many different factors. The possibility of a peace agreement between Russia and Ukraine could reduce the demand for gold as a safe haven, which has been a key factor in the recent increase in gold prices.
Powell said the changing balance of risks may require an adjustment to Fed policy, but he stopped short of committing to a rate cut. His remarks struck a delicate balance between acknowledging growing risks to the labor market and warning that inflationary pressures remain.
"In his eighth and final speech at Jackson Hole, Powell surprised a nervous market by opening up the possibility of a rate cut in September, which has boosted all assets, including gold," said Tai Wong, an independent metals trader. He also said it will be important to watch whether gold can break and hold above $3,400 in the coming days.
Traders now see an 85% chance of a 25 basis point rate cut in September, up from 75% before the speech, according to the CME FedWatch tool. Powell’s comments focused heavily on upcoming jobs and inflation data ahead of the Fed’s September 16-17 policy meeting.
"Powell's statement came as a surprise to many as they did not expect the Fed Chairman to be dovish. His message was interpreted as supportive of policy easing, which helped send gold prices back on track this week," said Naeem Aslam, investment strategist at Zaye Capital Markets.
Christopher Vecchio, Head of Futures and Forex Strategy at Tastylive.com, shares the view that while summer is typically slow, gold prices are poised for a fresh rally as the Fed prepares to ease monetary policy.
Notable economic data releases next week include US New Home Sales on Monday, Durable Goods Orders and Consumer Confidence on Tuesday, Preliminary Q2 GDP, Weekly Jobless Claims and Pending Home Sales on Thursday, and PCE, Personal Income and Spending on Friday. These data will provide further clues about the health of the US economy and the Fed's policy path.
Gold Price Forecast
In August, the price of gold bars increased by more than 5 million VND/tael. If calculated from the beginning of the year until now, the increase has reached about 40 million VND, equivalent to nearly 47%. This is a very strong increase, making domestic gold an investment channel that attracts the attention of many people.
Not only gold bars, but also the price of 99.99% gold rings and jewelry has increased continuously. In just 3 days, the price of gold rings has increased by 1.5 million VND, bringing the total increase since the beginning of the year to about 36 million VND, or more than 41%. This upward trend shows that gold is being considered a safe asset in the context of many fluctuations in the global economy.
However, the gap between domestic and international gold prices is very high. Some experts warn that buying SJC gold bars at this time may be risky, because the State Bank is likely to intervene by increasing supply to narrow the price gap. In addition, the free market has the potential risk of fake or poor quality gold, so buyers need to be cautious.
A survey of analysts showed that most were leaning towards a bullish scenario for gold prices next week. Of the 13 experts who participated, none predicted a decline, 62% predicted an increase, and 38% said prices would remain flat. This reflects the general sentiment among analysts that gold still has great potential in the short term.
Beyond analysts, a direct investor survey also found optimism. Of the 194 respondents, 115 (59%) predicted gold prices would rise, 35 (18%) thought they would fall, and 44 (23%) thought they would stay the same. Although expectations have dropped from the previous week, gold is still seen as a safer bet than many other assets.
Ole Hansen of Saxo Bank believes that the weakening US dollar and falling US bond yields will create a favorable environment for gold. He believes that gold prices need to surpass $3,450/ounce to reach the record level of $3,500/ounce in the near future.
However, some other opinions are quite cautious. Alex Kuptsikevich of FxPro assessed that the gold market is in a fragile balance. He predicted that the Fed could ease policy in September, but the possibility of a pause after that could cause capital flows back to the USD, putting short-term pressure on gold.
In the long term, technical analysts believe that gold has been consolidating since April and could break out in the coming weeks. Gold could hit $4,600 an ounce if the Fed switches to an ultra-loose policy.
Chantelle Schieven of Capitalight Research said that expectations of a rate cut have been priced in, and the more important factor going forward will be the Fed's stance on the labor market and inflation. The CME's FedWatch tool currently shows investors are betting on at least one more rate cut before the end of the year.
Source: https://baonghean.vn/gia-vang-hom-nay-24-8-gia-vang-tang-ky-luc-vang-nhan-va-vang-mieng-deu-co-dinh-cao-moi-10305047.html
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