Domestic gold price today August 7, 2025
As of 4:30 am on July 8, 2025, the domestic gold bar price is based on the closing price yesterday, July 7. cited:
DOJI Group listed the price of SJC gold bars at 118.5-120.5 million VND/tael (buy - sell), a decrease of 400 thousand VND/tael in both buying and selling directions compared to yesterday.
At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 118.5-120.5 million VND/tael (buy - sell), a decrease of 400 thousand VND/tael in both buying and selling directions compared to yesterday.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 119.5-120.5 million VND/tael for buying and selling. Compared to yesterday, the gold price decreased by 300 thousand VND/tael for both buying and selling.
SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 118.5-120.5 million VND/tael (buy - sell), a decrease of 400 thousand VND/tael in both buying and selling directions compared to yesterday.
SJC gold price at Phu Quy is traded by businesses at 117.8-120.5 million VND/tael (buy - sell), gold price decreased 400 thousand VND/tael in both buying and selling directions compared to yesterday.
As of 4:30 am on July 8, 2025, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 115-117 million VND/tael (buy - sell); the price decreased by 500 thousand VND/tael in both buying and selling directions compared to yesterday.
Bao Tin Minh Chau listed the price of gold rings at 115.2-118.2 million VND/tael (buy - sell); the gold price decreased by 500 thousand VND/tael in both buying and selling directions compared to yesterday.
The latest gold price list today, July 8, 2025 is as follows:
| Gold price today | July 8, 2025 (million dong) | Difference (thousand dong/tael) | ||
| Buy | Sell | Buy | Sell | |
| SJC in Hanoi | 118.5 | 120.5 | -400 | -400 |
| DOJI Group | 118.5 | 120.5 | -400 | -400 |
| Red Eyelashes | 119.5 | 120.5 | -300 | -300 |
| PNJ | 118.5 | 120.5 | -400 | -400 |
| Minh Chau Newspaper | 118.5 | 120.5 | -400 | -400 |
| Phu Quy | 117.8 | 120.5 | -400 | -400 |
| 1. DOJI - Updated: August 7, 2025 04:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Domestic gold price | Buy | Sell |
| AVPL/SJC HN | 118,500 ▼400K | 120,500 ▼400K |
| AVPL/SJC HCM | 118,500 ▼400K | 120,500 ▼400K |
| AVPL/SJC DN | 118,500 ▼400K | 120,500 ▼400K |
| Raw material 9999 - HN | 107,900 ▼400K | 112,000 ▼500K |
| Raw material 999 - HN | 107,800 ▼400K | 111,900 ▼500K |
| 2. PNJ - Updated: August 7, 2025 04:30 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 114,200 ▼600K | 116,900 ▼500K |
| HCMC - SJC | 118,500 ▼400K | 120,500 ▼400K |
| Hanoi - PNJ | 114,200 ▼600K | 116,900 ▼500K |
| Hanoi - SJC | 118,500 ▼400K | 120,500 ▼400K |
| Da Nang - PNJ | 114,200 ▼600K | 116,900 ▼500K |
| Da Nang - SJC | 118,500 ▼400K | 120,500 ▼400K |
| Western Region - PNJ | 114,200 ▼600K | 116,900 ▼500K |
| Western Region - SJC | 118,500 ▼400K | 120,500 ▼400K |
| Jewelry gold price - PNJ | 114,200 ▼600K | 116,900 ▼500K |
| Jewelry gold price - SJC | 118,500 ▼400K | 120,500 ▼400K |
| Jewelry gold price - Southeast | PNJ | 114,200 ▼600K |
| Jewelry gold price - SJC | 118,500 ▼400K | 120,500 ▼400K |
| Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 114,200 ▼600K |
| Jewelry gold price - Kim Bao Gold 999.9 | 114,200 ▼600K | 116,900 ▼500K |
| Jewelry gold price - Phuc Loc Tai Gold 999.9 | 114,200 ▼600K | 116,900 ▼500K |
| Jewelry gold price - Jewelry gold 999.9 | 113,400 ▼700K | 115,900 ▼700K |
| Jewelry gold price - Jewelry gold 999 | 113,280 ▼700K | 115,780 ▼700K |
| Jewelry gold price - Jewelry gold 9920 | 112,570 ▼700K | 115,070 ▼700K |
| Jewelry gold price - Jewelry gold 99 | 112,340 ▼690K | 114,840 ▼690K |
| Jewelry gold price - 750 gold (18K) | 79,580 ▼520K | 87,080 ▼520K |
| Jewelry gold price - 585 gold (14K) | 60,450 ▼410K | 67,950 ▼410K |
| Jewelry gold price - 416 gold (10K) | 40,860 ▼300K | 48,360 ▼300K |
| Jewelry gold price - 916 gold (22K) | 103,760 ▼650K | 106,260 ▼650K |
| Jewelry gold price - 610 gold (14.6K) | 63,350 ▼430K | 70,850 ▼430K |
| Jewelry gold price - 650 gold (15.6K) | 67,990 ▼450K | 75,490 ▼450K |
| Jewelry gold price - 680 gold (16.3K) | 71,460 ▼480K | 78,960 ▼480K |
| Jewelry gold price - 375 gold (9K) | 36,110 ▼270K | 43,610 ▼270K |
| Jewelry gold price - 333 gold (8K) | 30,900 ▼230K | 38,400 ▼230K |
| 3. SJC - Updated: August 7, 2025 04:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 118,500 ▼400K | 120,500 ▼400K |
| SJC gold 5 pieces | 118,500 ▼400K | 120,520 ▼400K |
| SJC gold 0.5 chi, 1 chi, 2 chi | 118,500 ▼400K | 120,530 ▼400K |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 113,900 ▼400K | 116,400 ▼400K |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 113,900 ▼400K | 116,500 ▼400K |
| Jewelry 99.99% | 113,900 ▼400K | 115,800 ▼400K |
| Jewelry 99% | 110,153 ▼396K | 114,653 ▼396K |
| Jewelry 68% | 72,001 ▼272K | 78,901 ▼272K |
| Jewelry 41.7% | 41,543 ▼166K | 48,443 ▼166K |
World gold price today July 8, 2025 and world gold price fluctuation chart in the past 24 hours
According to Kitco, the world gold price recorded at 4:30 am on July 8, Vietnam time, was 3,319.57 USD/ounce. Today's gold price decreased by 16.66 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,345 VND/USD), the world gold price is about 108.88 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 11.62 million VND/tael higher than the international gold price.
World gold prices fell sharply due to the increase in the value of the USD and the market's reaction to the news that US President Donald Trump extended the tax deadline from July 9 to August 1, and announced that the US was about to complete a number of trade agreements.
specifically, spot gold prices fell 0.5%, hitting a seven-day low. US gold futures also fell 0.83% to $3,316.63.
The US dollar rose 0.2% against a basket of major currencies, making dollar investors-priced gold more expensive for using other currencies.
'The market is still fairly quiet at the moment,' said Daniel Ghali, commodity strategist at TD Securities. 'Price action is largely a reflection of recent economic data and expectations of upcoming trade deals.'
Last week's better-than-expected US jobs data reinforced the view that the Federal Reserve will not cut interest rates as soon as previously expected. This week, markets will look to the minute of the Fed's latest policy meeting and comments from officials for clues on the central bank's next move.
China added more gold to its reserves in June, marking the eighth consecutive month of increasing its gold reserves, according to official data from the People's Bank of China (PBoC).
'The PBoC is diversifying its foreign exchange reserves aggressively. Increased uncertainties and geopolitical risks could accelerate this process,' said Zain Vawda, an analyst at MarketPulse (OANDA).
Besides gold, spot silver prices fell 1.6% to $36.32 an ounce. Platinum fell 2.9% to $1,350.97, while palladium lost 3% to $1,100.65.
Gold Price Forecast
According to Nitesh Shah, an expert from WisdomTree, gold prices are currently having a slight correction due to the USD's short-term appreciation. The reason is that the US economy is still quite strong, so the Federal Reserve (Fed) does not need to cut interest rates immediately.
Sean Lusk, another expert, said that cutting rates now could cause the cost of living to rise again, re-emerging the inflation problem the Fed is trying to control. Pressure to cut rates is partly coming from the real estate market, which is struggling with high borrowing costs.
Regarding gold prices, Lusk commented that gold is overbought when it exceeds the threshold of 3,300 USD/ounce and could fall to 3,123 - 3,225 USD in the short term.
However, in the long-term outlook, gold prices are expected to continue to rise in 2025, especially as the market gains more clarity on trade deals and economic policies.
Adrian Day, president of Adrian Day Asset Management, said that gold prices could face some downward pressure in the near term. Factors such as the tariff deal, speculation of a Fed rate cut in July, and a slowdown in central bank and Chinese purchases could cause prices to fall slightly. However, he believes that any decline will be modest and short-lived.
Michael Brown, an expert at Pepperstone, said that although changes in interest rate expectations may help the US dollar temporarily strengthen, the greenback is still on a long-term downward trend. This will be an important factor supporting gold prices to rise again.
According to Brown, the main driver of gold prices today is the flow of money from global reserve managers moving away from the USD to seek safer assets, including gold.
Any dip in gold prices should be viewed as a buying opportunity, as the overall trend remains upward. Brown predicts that gold prices could return to record levels of around $3,500 an ounce before the end of 2025.
Source: https://baonghean.vn/gia-vang-hom-nay-8-7-2025-vang-trong-nuoc-va-the-gioi-dat-hang-khi-pboc-lien-tiep-mua-vao-10301799.html
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