SJC gold price today sets a new record, close to the peak of 129 million VND/tael
At the opening of the trading session on the morning of August 29, the prices of SJC and DOJI gold bars in major cities such as Hanoi and Ho Chi Minh City both recorded strong increases.
Specifically, the price of SJC gold in Hanoi and DOJI gold are listed at 127.4 million VND/tael (buy) and 128.9 million VND/tael (sell). Compared to the previous session, both buying and selling prices increased by 400 thousand VND/tael.
Mi Hong recorded a more impressive increase in the buying direction, increasing by 800 thousand VND/tael, bringing the buying price to 128.0 million VND/tael. However, the selling price of this brand only increased by 400 thousand VND/tael, reaching 128.9 million VND/tael, equal to the selling price of SJC and DOJI.
PNJ's gold bar price is currently listed at 127.4 million VND/tael (buy) and 128.9 million VND/tael (sell), an increase of 400 thousand VND/tael in both directions compared to yesterday.
Similarly, Bao Tin Minh Chau listed the gold price at 127.4 million VND/tael (buy) and 128.9 million VND/tael (sell), with an increase of 400 thousand VND/tael for both directions.
Phu Quy's buying price was slightly lower, at 126.4 million VND/tael, an increase of 400 thousand VND/tael compared to before, while the selling price remained at 128.9 million VND/tael.
Vietinbank Gold listed the selling price at 128.9 million VND/tael, an increase of 400 thousand VND/tael.
At 9:30 a.m. on August 29, 2025, the price of DOJI's 9999 Hung Thinh Vuong round gold ring was listed at VND 120.6 million/tael (buy) and VND 123.6 million/tael (sell), an increase of VND 300,000/tael in both buying and selling directions compared to the previous day, with a buying - selling difference of VND 3 million/tael.
Bao Tin Minh Chau kept the price of gold rings at 120.3 million VND/tael (buy) and 123.3 million VND/tael (sell), unchanged in both directions compared to early this morning, with a difference of 3 million VND/tael.
Phu Quy Group also listed the price of gold rings at 120.3 million VND/tael (buy) and 123.3 million VND/tael (sell), an increase of 300 thousand VND/tael in both directions compared to yesterday, with the difference between buying and selling being 3 million VND/tael.
Gold price list today 8/29/2025 in Vietnam in detail
| Gold price today | August 29, 2025 (million dong) | Difference (thousand dong/tael) | ||
| Buy | Sell | Buy | Sell | |
| SJC in Hanoi | 127.4 | 128.9 | +400 | +400 |
| DOJI Group | 127.4 | 128.9 | +400 | +400 |
| Red Eyelashes | 128.0 | 128.9 | +800 | +400 |
| PNJ | 127.4 | 128.9 | +400 | +400 |
| Vietinbank Gold | 128.9 | +400 | ||
| Bao Tin Minh Chau | 127.4 | 128.9 | +400 | +400 |
| Phu Quy | 126.4 | 128.9 | +400 | +400 |
Update on world gold price this morning turned down after surpassing the 3400 USD mark
World gold price, at 09:30 on August 29, 2025 (Vietnam time), the world spot gold price was at 3,411.8 USD/ounce. Today's gold price decreased by 4.3 USD compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,502 VND/USD), the world gold price is about 113.32 million VND/tael (excluding taxes and fees). Compared to the domestic SJC gold bar price on the same day (127.4-128.9 million VND/tael), the current SJC gold price is about 15.58 million higher than the international gold price.
News, gold price trends today August 29, 2025
Gold prices today, August 29, 2025, continued to increase thanks to a combination of many macro factors. One of the main drivers is strong technical buying power, along with the weakening of the USD. Specifically, the DXY index measuring the strength of the greenback has decreased significantly, making gold more attractive to international investors.
Leading experts from Bank of America maintain a very optimistic forecast for the precious metal. They believe that gold prices can completely conquer the $4,000/ounce mark in the first half of 2026. The bank's report emphasizes that the possibility of the US Federal Reserve (Fed) cutting interest rates in the context of persistent inflation will be the strongest catalyst for gold's rise. When interest rates decrease and the USD depreciates, gold - a safe-haven asset - will become the top choice to preserve value.
The market is betting big on a Fed easing cycle. According to CME's FedWatch tool, investors are almost certain the Fed will cut interest rates by 0.25 percentage points at its September meeting and may do so again in October and December. This development further reinforces the bullish sentiment for gold.
In addition, another report from Schroders Investment Management also reaffirmed the positive view on gold. Analysts said that when investors tend to underestimate the risks of inflation and economic growth, gold will act as an effective risk-hedging tool. This is especially true in the context of increasing concerns about large trust funds and the independence of the Fed, attracting the attention of many individual and institutional investors.
Source: https://baodanang.vn/gia-vang-hom-nay-29-8-2025-gia-vang-trong-nuoc-lam-tiep-ky-luc-moi-sat-moc-129-trieu-vang-the-gioi-quay-dau-3300638.html
![[Photo] National Assembly Chairman Tran Thanh Man welcomes and holds talks with Chairman of the National People's Congress of China Zhao Leji](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/8/31/9fa5b4d3f67d450682c03d35cabba711)
![[Photo] Chairman of the National People's Congress of China Zhao Leji begins official visit to Vietnam](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/8/31/fcfa5a4c54b245499a7992f9c6bf993a)
![[Photo] General Secretary To Lam receives Chairman of the National People's Congress of China Zhao Leji](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/8/31/5af9b8d4ba2143348afe1c7ce6b7fa04)
![[Photo] Marching together in the hearts of the people](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/8/31/8b778f9202e54a60919734e6f1d938c3)
Comment (0)