Gold price this afternoon September 2: Gold ring price increased to break record peak
Gold price this afternoon, September 2, 2025: Gold bar price holds new peak of 132.6 million VND, gold ring price increases by 2 million, breaking record peak, world gold hits 3500 USD.
Gold priceDomestic this afternoon 9/2/2025
As of 2:00 p.m. this afternoon, September 2, 2025, the domestic gold bar price reached a new peak of 132.6 million VND.
The price of SJC Ngoc Tham gold bars is traded by businesses at 130.3 - 132.5 million VND/tael (buy - sell), the price remains unchanged in both buying and selling directions compared to the same period yesterday.
The price of gold bars at other major stores is stable at the old peak of 130.6 million VND/tael because it is still the National Day holiday on September 2. Specifically:
The price of SJC gold bars listed by DOJI Group is at 129.1 - 130.6 million VND/tael (buy - sell), the price remains unchanged in both buying and selling directions compared to yesterday.
At the same time, the price of gold bars was listed by Saigon Jewelry Company Limited - SJC at 129.1 - 130.6 million VND/tael (buy - sell), the price remained unchanged in both buying and selling directions compared to the closing price on August 30.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 129.6-130.6 million VND/tael for buying and selling. Compared to yesterday, the gold price remained unchanged in both buying and selling directions.
The price of gold bars at Bao Tin Minh Chau Company Limited is traded by the enterprise at 129.1 - 130.6 million VND/tael (buy - sell), the price remains unchanged in both buying and selling directions compared to the same period yesterday.
The price of SJC gold bars at Phu Quy is traded by businesses at 128.1-130.6 million VND/tael (buy - sell), the gold price has not changed in both buying and selling directions compared to yesterday.
As of 2:00 p.m. on September 2, 2025, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 124.5-127.5 million VND/tael (buy - sell); an increase of 2 million VND/tael in both buying and selling directions compared to yesterday.
Bao Tin Minh Chau listed the price of gold rings at 124.7-127.7 million VND/tael (buy - sell); an increase of 1.9 million VND/tael in both buying and selling directions compared to yesterday.
The latest gold price list this afternoon, September 2, 2025 is as follows:
| Gold price this afternoon | September 2, 2025 (million dong) | Difference (thousand dong/tael) | ||
| Buy | Sell | Buy | Sell | |
| SJC in Hanoi | 129.1 | 130.6 | - | - |
| DOJI Group | 129.1 | 130.6 | - | - |
| Red Eyelashes | 129.6 | 130.6 | - | - |
| PNJ | 129.1 | 130.6 | - | - |
| Bao Tin Minh Chau | 129.1 | 130.6 | - | - |
| Phu Quy | 128.1 | 130.6 | - | - |
| 1.DOJI- Updated: 9/2/2025 14:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| AVPL/SJC HN | 129,100 | 130,600 |
| AVPL/SJC HCM | 129,100 | 130,600 |
| AVPL/SJC DN | 129,100 | 130,600 |
| Raw material 9999 - HN | 116,400▲2000K | 117,400▲2000K |
| Raw material 999 - HN | 116,300▲2000K | 117,300▲2000K |
| 2.PNJ- Updated: 9/2/2025 14:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC 999.9 gold bar | 129,100 | 130,600 |
| PNJ 999.9 Plain Ring | 124,500▲2000K | 127,500▲2100K |
| Kim Bao Gold 999.9 | 124,500▲2000K | 127,500▲2100K |
| Gold Phuc Loc Tai 999.9 | 124,500▲2000K | 127,500▲2100K |
| PNJ Gold - Phoenix | 124,500▲2000K | 127,500▲2100K |
| 999.9 gold jewelry | 122,900▲2900K | 122,900▲2900K |
| 999 gold jewelry | 122,770▲2890K | 125,270▲2890K |
| 9920 jewelry gold | 122,770▲2890K | 125,270▲2890K |
| 99 gold jewelry | 121,750▲2870K | 124,250▲2870K |
| 916 Gold (22K) | 112,470▲2660K | 114,970▲2660K |
| 750 Gold (18K) | 86,700▲2170K | 94,200▲2170K |
| 680 Gold (16.3K) | 77,920▲1970K | 85,420▲1970K |
| 650 Gold (15.6K) | 74,160▲1880K | 81,660▲1880K |
| 610 Gold (14.6K) | 69,140▲1760K | 76,640▲1760K |
| 585 Gold (14K) | 66,010▲1700K | 73,510▲1700K |
| 416 Gold (10K) | 44,820▲1210K | 52,320▲1210K |
| 375 Gold (9K) | 39,680▲1090K | 47,180▲1090K |
| 333 Gold (8K) | 34,030▲950K | 41,530▲950K |
| 3.SJC- Updated: 9/2/2025 14:00 - Source website time - ▲/▼ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 129,100 | 130,600 |
| SJC gold 5 chi | 129,100 | 130,620 |
| SJC gold 0.5 chi, 1 chi, 2 chi | 129,100 | 130,630 |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 122,500 | 125,100 |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 122,500 | 125,000 |
| Jewelry 99.99% | 121,500 | 123,500 |
| Jewelry 99% | 117,277 | 122,277 |
| Jewelry 68% | 76,638 | 84,138 |
| Jewelry 41.7% | 44,154 | 51,654 |
World gold price this afternoon September 2, 2025 and world gold price fluctuation chart in the past 24 hours
According to Kitco, the world gold price recorded at 2:00 p.m. on September 2, Vietnam time, was 3,493.18 USD/ounce. This afternoon's gold price increased by 20.6 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,502 VND/USD), the world gold price is about 111.61 million VND/tael (excluding taxes and fees). Thus, the price of gold bars is 18.99 million VND/tael higher than the international gold price.
The world gold price officially surpassed the threshold of 3,500 USD/Ounce, setting a new record on Tuesday. The main reason comes from the weakening USD and growing expectations that the US Federal Reserve (Fed) will cut interest rates in September, making gold more attractive.
Spot gold rose 0.59% after hitting a record high of $3,508.50 an ounce earlier in the session. It has gained 33% since the start of the year. US gold futures for December delivery also rose 1.4% to $3,565.50 an ounce.
Analysts say the gloomy economic outlook and the prospect of a Fed rate cut are factors driving gold prices. Another reason is the crisis of confidence in dollar-denominated assets, stemming from US President Donald Trump’s criticism of the Fed’s independence.
Investors are now pricing in a 90% chance that the Fed will cut interest rates by 0.25% on September 17. Gold is a non-interest-bearing asset, so it typically benefits in a low-interest-rate environment.
Those expectations, along with concerns about the Fed’s independence, have sent the dollar lower, now near its lowest level in more than a month, making gold cheaper for investors holding other currencies.
Gold has long been seen as an effective hedge against geopolitical and economic volatility. In 2025, gold set new records several times thanks to continued central bank purchases to reduce dependence on the USD, increased safe-haven demand due to trade and geopolitical uncertainty, and a general weakening of the USD.
In 2024, spot gold prices rose 27% and surpassed $3,000 an ounce for the first time in March this year, as uncertainty surrounding Mr. Trump’s trade policies sent investors rushing to buy gold.
Gold's rally could extend to $3,600 an ounce or even higher by year-end if the Fed makes more rate cuts and if a peace deal between Russia and Ukraine is not reached, according to forecasts.
Investors are now waiting for US non-farm payrolls data due on Friday to determine the size of the expected rate cut later this month. In addition to gold, spot silver prices also rose 0.3% to $ 40.79 / ounce. Platinum rose 1.2% to $ 1,416.86 / ounce, while palladium fell 0.6% to $ 1,130.45 / ounce.
