Gold price this afternoon August 18: Domestic and world gold prices increased to a new peak, widening the gap to 18 million

Gold pricedomestic this afternoon August 18, 2025

As of 5:00 p.m. this afternoon, August 18, 2025, the domestic gold bar price increased to a new peak compared to yesterday. Specifically:

DOJI Group listed the price of SJC gold bars at 124-125 million VND/tael (buy - sell), an increase of 500 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 124-125 million VND/tael (buy - sell), an increase of 500 thousand VND/tael in both buying and selling directions compared to the closing price on August 17 yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 124.5-125 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 500 thousand VND/tael for both buying and selling.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 124-125 million VND/tael (buy - sell), the price increased by 500 thousand VND/tael in both buying and selling directions compared to the same period yesterday.

SJC gold price at Phu Quy is traded by businesses at 123-125 million VND/tael (buy - sell), gold price increased 300 thousand VND/tael in buying direction - increased 500 thousand VND/tael in selling direction compared to yesterday.

As of 5:00 p.m. on August 18, 2025, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 117-120 million VND/tael (buy - sell); the price increased by 500,000 VND/tael in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 117.2-120.2 million VND/tael (buy - sell); an increase of 400 thousand VND/tael in both buying and selling directions compared to yesterday.

The latest gold price list this afternoon, August 18, 2025 is as follows:

World gold price this afternoon August 18, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 5:00 p.m. on August 18, Vietnam time, was 3,347.8 USD/ounce. This afternoon's gold price increased by 11.62 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,470 VND/USD), the world gold price is about 106.8 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 18.2 million VND/tael higher than the international gold price.

World gold prices rose slightly thanks to support from falling US bond yields. Currently, investors are waiting for the meeting between US President Donald Trump with Ukrainian President Volodymyr Zelenskiy and European leaders to discuss a peace agreement with Russia.

Specifically, spot gold prices increased by 0.35% to nearly 3,350 USD/ounce, after hitting the lowest level since August 1. Meanwhile, US gold futures for December delivery also increased by 0.4% to 3,394.90 USD.

According to Tim Waterer, market analyst at KCM Trade, gold prices initially fell but then recovered as investors bought at around $3,330, considering this a reasonable level to enter orders. In addition, the decline in US bond yields compared to the increase at the end of last week also contributed to supporting gold prices.

European leaders are expected to join President Zelenskiy in discussing the situation in Ukraine with President Trump. According to sources close to Russian officials, in the peace proposals discussed by Russian President Vladimir Putin and Mr. Trump at the Alaska summit, Russia would return some small areas it occupies in Ukraine, while Kyiv would cede much of the eastern land that Moscow does not control.

"The gold market is looking pretty quiet ahead of important meetings at the White House this week, as President Zelenskiy returns to the US," Mr. Waterer added.

Meanwhile, the yield on the 10-year US government bond fell from its highest level in more than two weeks. Investors are also waiting for the annual meeting of the US Federal Reserve (Fed) in Jackson Hole, Wyoming.

Many economists expect the Fed to cut interest rates in September and possibly again later this year, according to a Reuters poll. Gold, which does not yield interest but is seen as a safe haven in times of uncertainty, tends to rise when interest rates are low.

Besides gold prices, spot silver prices increased slightly by 0.1% to 38.02 USD/ounce. Platinum prices also increased by 0.1% to 1,336.79 USD, while palladium increased by 0.1% to 1,113.52 USD.

Gold price forecast

"Gold prices will be heavily influenced by the outcome of the meeting between US President Donald Trump and Russian President Vladimir Putin. Depending on the outcome, gold prices could rise or fall sharply immediately," said Adrian Day, chairman of Adrian Day Asset Management.

Although gold prices are currently in a state of uncertain direction, many experts are still optimistic about the prospects of this precious metal this week, especially when the Fed's Jackson Hole event is about to take place.

Gold prices had a spike on the news of the Swiss gold tariffs, but that quickly reversed. Then inflation data led to a slight increase in interest rates, making the market more cautious, said Daniel Pavilonis, senior commodities broker at RJO Futures.

Mr. Pavilonis, who had previously predicted that gold prices could fall below $3,000, now sees upside potential. He said that if the Fed starts cutting interest rates and inflation picks up again, gold could see a strong rally.

However, he also warned of geopolitical risks. If there is a peace agreement between Russia, Ukraine and the US, this could put downward pressure on gold prices. However, he still favors the scenario of gold prices continuing to move sideways in the near future.

In terms of technical analysis, Mr. Pavilonis said that if gold prices cannot make a new peak in October or November, it is likely that it will return to the support level around the 200-day moving average, possibly even falling to around $2,964.

James Stanley, senior market strategist at Forex.com, said gold prices are likely to rebound. "Gold is at a key support level, and the big focus is on the Jackson Hole conference later this week," he said.

Stanley believes central banks will not make too hawkish statements. "I think they will hold off on major decisions and continue the trend of easing monetary policy, and this week is no exception," he said.