Gold price on September 6, 2025: Rising to break record highs for the 5th consecutive day.

Gold priceDomestic news today, September 6, 2025

As of 5:00 AM today, September 6, 2025, the price of domestic gold bars has increased for the fifth consecutive day. Specifically:

DOJI Group listed SJC gold bars at 132.9 - 134.4 million VND/ounce (buying price - selling price), an increase of 500,000 VND/ounce in both buying and selling prices compared to yesterday.

At the same time, the price of gold bars listed by Saigon Jewelry Company Limited (SJC) was 132.9 - 134.4 million VND/ounce (buying price - selling price), an increase of 500,000 VND/ounce in both buying and selling prices compared to the closing price on September 5th.

Meanwhile, at Mi Hong Gold and Gemstone Company, the price of SJC gold at the time of the survey was listed at 133.4-134.4 million VND/ounce for buying and selling. Compared to yesterday, the price of gold increased by 500,000 VND/ounce in both buying and selling directions.

At Bao Tin Minh Chau Co., Ltd., the price of gold bars is being traded at 132.9 - 134.4 million VND/ounce (buying price - selling price), an increase of 500,000 VND/ounce in both buying and selling prices compared to the same period yesterday.

At Phu Quy, SJC gold bars are being traded at 131.9-134.4 million VND/ounce (buy - sell), an increase of 400,000 VND/ounce in the buying price and 500,000 VND/ounce in the selling price compared to yesterday.

As of 5:00 AM on September 6, 2025, the price of 9999 Hung Thinh Vuong gold rings at DOJI was listed at 126.5-129.5 million VND/ounce (buying price - selling price); an increase of 200,000 VND/ounce in both buying and selling prices compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 126.8-129.8 million VND/ounce (buying price - selling price); an increase of 300,000 VND/ounce in both buying and selling prices compared to yesterday.

The latest gold price chart for today, September 6, 2025, is as follows:

World gold price today, September 6, 2025, and chart of world gold price fluctuations over the past 24 hours.

According to Kitco, the spot price of gold in the world market at 5:00 AM on September 6th (Vietnam time) was $3580.07 USD/ounce. Today's gold price increased by $34.59 USD/ounce compared to yesterday. Converted using the USD exchange rate at Vietcombank (26,510 VND/USD), the world gold price is approximately 114.46 million VND/ounce (excluding taxes and fees). Thus, the price of gold bars is currently 19.94 million VND/ounce higher than the international gold price.

Global gold prices continued their strong upward trend at the end of the week, surging to a new record high and approaching the $3,600/ounce mark. This surge was driven by weaker-than-expected US employment data for August, reinforcing expectations that the Federal Reserve (Fed) will soon cut interest rates.

Specifically, spot gold prices rose 0.98% after hitting a record high of $3,596.76 per ounce. Gold is expected to have its strongest weekly gain in nearly four months. US December gold futures also rose 1.3% to $3,653.3 per ounce.

Since the beginning of the year, gold prices have risen 37%, following a 27% increase in 2024. This upward trend is supported by several factors: a weakening US dollar, strong buying by central banks, looser monetary policy, and geopolitical and economic uncertainties globally.

Data shows that US job growth slowed sharply in August, while the unemployment rate rose to 4.3%. This confirms a slowdown in the labor market. Traders are now predicting an 84% probability of the Fed cutting interest rates by 0.25% in September, and a 16% probability of a 0.50% cut.

According to one trader, the recent surge in gold prices indicates a clearly weakening labor market, which will lead to further interest rate cuts. The short-term and medium-term outlook for gold is very positive, with labor concerns outweighing inflation concerns. However, gold reaching $4,000 is unlikely unless there is a massive upheaval.

The Fed's independence is also a key factor influencing the direction of gold prices. This issue has become a concern after US President Donald Trump repeatedly pressured the central bank to lower interest rates.

In China and India, the world's two largest gold consuming markets, demand for physical gold has decreased this week due to excessively high prices. While the Chinese central bank's gold reserve figures, released on Sunday, won't fully reflect the record September prices, they will provide some insight into how central bank demand is being affected by high gold prices.

Alongside gold, spot silver prices rose 1.5% to $41.29 per ounce, poised for a third consecutive weekly gain. Platinum increased 1.9% to $1393.25 per ounce, while palladium edged down 0.1% to $1126.45 per ounce.

Gold price forecast

Global gold prices are showing signs of slowing down after a long period of reaching record highs. The main reason is that short-term traders are deciding to take profits after gold prices hit an all-time high last Wednesday.

According to Brian Lan, Director of GoldSilver Central, this is merely a technical profit-taking phenomenon, while the upward trend in gold prices remains fundamentally intact. He believes that expectations of a US Federal Reserve (Fed) interest rate cut, along with concerns about the institution's independence, will continue to drive demand for gold as a safe investment channel.

One example of this trend is the decision by TD Securities (Canada) to take profits of over $3 million from its gold long position, even though the price was still trending upwards. The bank entered the market in June expecting gold to act as a "shield" against geopolitical uncertainties.

Although they did not reach their initial price target of $3,635/ounce, they decided to take profits early due to concerns about upcoming news risks and perceived that the market was becoming too "crowded".

However, in the long term, investors remain very optimistic. Suki Cooper, an expert from Standard Chartered Bank, forecasts that the average price of gold will reach around $3,700 per ounce in the fourth quarter of 2025. The recent price surge is supported by several factors: concerns about tariffs, expectations of monetary policy easing, the burden of US public debt, and doubts about the independence of the Fed.

From a technical perspective, Alexander Zumpfe from Heraeus believes that if the price of gold surpasses $3600/ounce, it is highly likely to continue towards $3650/ounce. Commerzbank also agrees that $3600/ounce is a feasible target by the end of this year.

Perhaps the most optimistic forecast comes from Goldman Sachs. They expect the price of gold to reach $3,700 per ounce by the end of 2025 and possibly even surpass $4,000 per ounce by mid-2026 if the inflow of money from individual investors continues to pour into gold.

The bank also presented a scenario in which, if the Fed were to suddenly cut interest rates and just 1% of capital flows from US bonds shifted to gold, the price could approach $5,000 per ounce.