SJC gold price today continuously increases, making a historical peak
Gold price update today, August 29, 2025, the domestic precious metal market witnessed a widespread price increase. The common increase is 400,000 VND/tael, applied to both buying and selling directions.
SJC gold price today, August 29, 2025 in Hanoi , Ho Chi Minh City and Da Nang increased by 400,000 VND/tael. Specifically, the buying price is listed at 127.4 million VND/tael, while the selling price is 128.9 million VND/tael.
DOJI Group and PNJ are also not outside the general price increase trend. Both brands have adjusted the price of gold bars up by 400,000 VND/tael for both trading directions. Currently, the buying and selling prices of DOJI and PNJ are the same as SJC: 127.4 million VND/tael (buy) and 128.9 million VND/tael (sell).
At Mi Hong, the latest gold price today, August 28, 2025, shows a remarkable breakthrough. Mi Hong's buying price has increased by 1.2 million VND/tael, to 128.4 million VND/tael - much higher than other brands. The selling price also increased by 400,000 VND/tael, closing at 128.9 million VND/tael.
The market at Bao Tin Minh Chau and Phu Quy was equally exciting. Bao Tin Minh Chau listed the buying price at 127.4 million VND/tael, and the selling price at 128.9 million VND/tael, with an increase of 400,000 VND/tael for both directions.
Meanwhile, Phu Quy also adjusted the price up by 400,000 VND/tael, bringing the buying price to 126.4 million VND/tael and the selling price to 128.9 million VND/tael.
Vietinbank Gold listed the selling price at 128.9 million VND/tael, an increase of 400,000 VND/tael.
At 12:30 on August 29, 2025, the price of DOJI's 9999 Hung Thinh Vuong round gold ring was listed at 120.6 million VND/tael (buy) and 123.6 million VND/tael (sell), an increase of 300 thousand VND/tael in both buying and selling directions compared to the previous day, with a buying - selling difference of 3 million VND/tael.
Bao Tin Minh Chau kept the price of gold rings at 120.8 million VND/tael (buy) and 123.8 million VND/tael (sell), an increase of 500 thousand VND/tael 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 August 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 | 128.4 | 128.9 | +1200 | +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 afternoon, it has dropped sharply, about to return to the 3400 USD mark
World gold price, at 12:30 on August 29, 2025 (Vietnam time), the world spot gold price was at 3,406.6 USD/ounce. Today's gold price decreased by 9.5 USD compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,502 VND/USD), the world gold price is about 113.15 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 15.75 million higher than the international gold price.
Gold is poised for a strong monthly gain, having hit a more than one-month high in the previous session, supported by a weaker dollar and growing expectations that the Federal Reserve will cut interest rates in September.
Spot gold was down 0.3% at $3,408.26 an ounce by 0430 GMT, largely due to profit-taking. However, it has gained 3.9% this month and hit its highest since July 23 at $3,423.16 on Thursday. Meanwhile, US gold futures for December delivery also fell 0.2% to $3,469.
The US dollar has been on a downward trend this month, making gold, which is priced in the currency, cheaper and more attractive for holders of other currencies. "The precious metal remains a popular choice for investors ahead of a period of monetary easing in the US, expected to begin next month," said Tim Waterer, chief market analyst at KCM Trade.
Market optimism was bolstered by Fed Governor Christopher Waller on Thursday stepping up calls for a cut in short-term U.S. borrowing costs. He said he would support a rate cut next month and further cuts in the next three to six months. Traders are pricing in an 86% chance of a 25 basis point cut at next month’s policy meeting, according to the CME Group’s FedWatch tool. Non-yielding gold typically performs well in a low-interest-rate environment.
Investors are now looking ahead to the US Personal Consumption Expenditures (PCE) report – the Fed’s preferred inflation gauge – due later today. “If the core PCE stays at 0.3% for the month, that would help reinforce expectations for a rate cut soon,” said Waterer.
In other precious metals, spot silver fell 0.7% to $38.81 an ounce, platinum fell 0.7% to $1,349.45, and palladium fell 0.1% to $1,101.
Source: https://baodanang.vn/gia-vang-trua-nay-29-8-2025-gia-vang-trong-nuoc-lien-tuc-nhay-vot-ghi-dinh-lich-su-vang-the-gioi-sap-quay-lai-moc-3400-usd-3300666.html
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