Gold price today 8/9/2025: Gold bars reach historical high

Gold price today 8/9/2025

At the time of survey at 4:30 a.m. on August 9, 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 and PNJ at 123.2-124.4 million VND/tael (buy - sell), an increase of 800,000 VND/tael for buying and 600,000 VND/tael for selling compared to the closing price on August 7 yesterday.

DOJI Group listed the price of SJC gold bars at 122.6-124 million VND/tael (buy - sell), a decrease of 100,000 VND/tael in both buying and selling compared to yesterday.

Meanwhile, the price of SJC gold at Phu Quy was traded by businesses at 122.2-124.4 million VND/tael (buy - sell), the gold price increased by 1 million VND/tael for buying and increased by 600,000 VND/tael for selling compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 122.8-124 million VND/tael for buying and selling. Compared to yesterday, the gold price decreased by 200,000 VND/tael for buying - unchanged for selling.

Giá vàng hôm nay ngày 9/8/2025. — Gold price today August 9, 2025.

Regarding ring gold, the price of 9999 Hung Thinh Vuong round ring gold at DOJI is listed at 117.5-120 million VND/tael (buy - sell); the price remains unchanged in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 117.8-120.8 million VND/tael (buy - sell); unchanged in both buying and selling directions compared to yesterday.

World gold price today August 9, 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 3,387.76 USD/ounce. Today's gold price decreased by 0.04% compared to yesterday. Converted according to the USD exchange rate on the free market (26,398 VND/USD), the world gold price is about 107.7 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is about 15.8 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.

According to the Financial Times, the imposition of the tax stems from a July 31 letter from the US Customs and Border Protection, which stated that 1kg and 100-ounce gold bars will be classified under customs codes subject to higher tariffs.

“Given the volatility of US trade decisions, it is difficult to make long-term predictions. But if the tariff scenario persists, spot prices could rise, narrowing the gap with futures,” said Ricardo Evangelista , senior analyst at ActivTrades.

Switzerland, the world's largest gold refining center, is a major exporter of gold to the United States. President Donald Trump's tariffs on goods from dozens of countries took effect on Thursday, forcing major trading partners such as Switzerland, Brazil and India to scramble for new deals.

“The current developments further reinforce the position of London spot gold as a reliable indicator of the real value of gold,” said Ole Hansen, head of commodity strategy at Saxo Bank. “Spot gold has been stuck in a sideways range since April and needs to break above $3,450 to break out of this state.”

Gold, a traditional safe-haven asset, has also been supported by expectations that the Federal Reserve will cut interest rates next month. Weaker-than-expected jobs data released last week has led the CME Group’s FedWatch tool to price in an 89% chance of a 25 basis point cut in September.

In other precious metals markets, spot silver held steady at $38.31 an ounce, platinum fell 0.5 percent to $1,326.91, and palladium fell 2.3 percent to $1,124.93 an ounce.

Source: https://baohatinh.vn/gia-vang-hom-nay-982025-vang-mieng-dat-muc-cao-nhat-lich-su-post293363.html