Domestic gold price today
At the end of the trading session on August 25 , domestic gold prices recorded an upward trend.
This afternoon, the selling price of SJC 9999 gold bars increased by another VND200,000/tael, pushing the price to a record high of VND127.1 million/tael. However, the buying price was adjusted down by VND300,000 to VND125.6 million.
In the same direction, SJC gold rings type 1-5 continued to increase by only 300,000 VND in both directions, trading around 119.1 - 121.6 million VND/tael.
Doji 9999 gold ring price remains unchanged from the previous session, listed at 118.8-121.8 million VND/tael. This development shows that domestic gold demand remains hot.
World gold prices fluctuated strongly, continuously increasing and decreasing but could not overcome the resistance of 3,370 USD/ounce. This morning, it decreased by 9 USD/ounce, to 3,361 USD/ounce.
In contrast to that development, at the opening of the trading session on August 25, domestic gold prices skyrocketed. SJC 9999 gold increased by 300,000 VND/tael in both directions, trading at 125.9-126.9 million VND/tael (buy - sell).
Also increasing at a similar rate, the price of 1-5 chi SJC gold rings is listed at 118.8-121.3 million VND/tael (buy - sell).
9999 gold ring price At Doji, the price remained unchanged, trading at 118.8-121.8 million VND/tael (buy - sell).
Last week, dovish signals from US Federal Reserve Chairman Jerome Powell boosted buying sentiment on both Wall Street and Main Street in anticipation of higher gold prices.
In a speech at the Fed's annual symposium, Chairman Powell signaled the possibility of a rate cut as early as next month. He specifically highlighted the risks associated with rising inflation and slowing economic growth. While assessing the risks as balanced, Powell said a change in monetary policy was needed.
World gold prices responded positively, increasing by 1% and maintaining the increase until the end of the week, closing near the highest level. At the end of the week, spot gold prices were at $3,370/ounce. Gold futures for September 2025 delivery on the Comex New York floor reached $3,376/ounce.
The market reacted positively to Chairman Jerome Powell's speech, which has important implications for gold, silver, platinum and palladium prices, according to Jeffrey Christian of CPM Group.

While gold and silver are still trading in tight ranges, Christian said the moves could signal the start of a new long-term uptrend for both precious metals, which CPM Group predicts will begin in the last four months of the year.
Investors are closely watching key US economic data due out this week, including new home sales, durable goods orders and consumer confidence, and preliminary second-quarter GDP.
Additionally, the Fed's preferred measure of inflation, the personal consumption expenditures (PCE) index, is due out this week, a report that provides some insight into future monetary policy.
Domestic gold market, closing session on August 23, SJC gold bar price increased by 1.2 million VND/tael, to a new record high of 125.6-126.6 million VND/tael.
The price of 1-5 chi SJC gold rings closed at 118.5-121 million VND/tael (buy - sell), an increase of 1 million VND/tael compared to the previous session.
The price of 9999 gold rings at Doji also increased by 1.3 million VND/tael compared to yesterday's closing price, trading at 118.8-121.8 million VND/tael (buy - sell).
Gold Price Forecast
Michael Brown, senior market analyst at Pepperstone, said that while Powell's comments could be a catalyst for a rally, the future direction remains open.
“Mr. Powell clearly supported the idea of a rate cut in September, but attention will quickly turn to whether this will be a series of rate cuts, or just a single scenario,” Mr. Brown said.
Brown remains bullish on the precious metal in the long term, especially as President Trump once again escalates his attacks on the Fed, further eroding views of monetary policy independence and boosting the appeal of assets like gold.
A combination of macro factors, from the Fed’s dovish policy, political uncertainty, a weakening US dollar, to positive stock market developments, is creating an environment that is particularly favorable for the precious metal, with gold prices likely to hit all-time highs this year.
Although global gold prices are trading below the record $3,500 an ounce, it is only a matter of time, according to Nitesh Shah, Head of Macroeconomic and Commodity Research at WisdomTree.
Shah analyzed that the unpredictable fluctuations of the global financial market are increasing the possibility of gold prices continuing to rise. In an optimistic scenario, this expert predicts that the world gold price could reach the mark of 4,000 USD/ounce in the first quarter of 2026.

Source: https://vietnamnet.vn/gia-vang-hom-nay-25-8-2025-vang-sjc-phan-ung-truoc-tin-hieu-moi-2435606.html
Comment (0)