Gold price this afternoon August 29, 2025: The 130 million mark is not far away
Gold price this afternoon August 29, 2025: Gold bar price continues to increase, the 130 million mark is not far away, gold ring price and world gold price also continuously set new records
Gold priceDomestic this afternoon 8/29/2025
As of 4:00 p.m. this afternoon, August 29, 2025, the domestic gold bar price continued to increase, breaking the record to nearly 130 million VND/tael. Specifically:
The price of SJC gold bars listed by DOJI Group is at 127.4 - 128.9 million VND/tael (buy - sell), an increase of 400 thousand VND/tael 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 127.8 - 129.3 million VND/tael (buy - sell), an increase of 800 thousand VND/tael in both buying and selling directions compared to the closing price on August 28 yesterday.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 128.4-129.3 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 1.2 million VND/tael for buying and 1.1 million VND/tael for selling.
The price of gold bars at Bao Tin Minh Chau Company Limited was traded by the enterprise at 127.8 - 129.3 million VND/tael (buy - sell), an increase of 800 thousand VND/tael in both buying and selling directions compared to the same period yesterday.
The price of SJC gold bars at Phu Quy was traded by businesses at 126.8-129.3 million VND/tael (buy - sell), the gold price increased by 800 thousand VND/tael in both buying and selling directions compared to yesterday.
As of 4:00 p.m. on August 29, 2025, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 120.6-123.6 million VND/tael (buy - sell); an increase of 300 thousand VND/tael in both buying and selling directions compared to yesterday.
Bao Tin Minh Chau listed the price of gold rings at 121.2-124.2 million VND/tael (buy - sell); an increase of 900 thousand VND/tael in both buying and selling directions compared to yesterday.
The latest gold price list this afternoon, August 29, 2025 is as follows:
| Gold price this afternoon | August 29, 2025 (million dong) | Difference (thousand dong/tael) | ||
| Buy | Sell | Buy | Sell | |
| SJC in Hanoi | 127.8 | 129.3 | +800 | +800 |
| DOJI Group | 127.4 | 128.9 | +400 | +400 |
| Red Eyelashes | 128.4 | 129.3 | +1200 | +1100 |
| PNJ | 127.8 | 129.3 | +800 | +800 |
| Bao Tin Minh Chau | 127.8 | 129.3 | +800 | +800 |
| Phu Quy | 126.8 | 129.3 | +800 | +800 |
| 1.DOJI- Updated: 8/29/2025 4:00 PM - Source website time - ▼/▲ Compared to yesterday. | ||
| AVPL/SJC HN | 127,400▲400K | 128,900▲400K |
| AVPL/SJC HCM | 127,400▲400K | 128,900▲400K |
| AVPL/SJC DN | 127,400▲400K | 128,900▲400K |
| Raw material 9999 - HN | 112,500▲300K | 113,500▲500K |
| Raw material 999 - HN | 112,400▲300K | 113,400▲500K |
| 2. PNJ - Updated: August 29, 2025 16:00 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| SJC 999.9 gold bar | 127,800▲800K | 129,300▲800K |
| PNJ 999.9 Plain Ring | 120,700▲500K | 123,600▲500K |
| Kim Bao Gold 999.9 | 120,700▲500K | 123,600▲500K |
| Gold Phuc Loc Tai 999.9 | 120,700▲500K | 123,600▲500K |
| PNJ Gold - Phoenix | 120,700▲500K | 123,600▲500K |
| 999.9 gold jewelry | 119,500▲200K | 122,000▲200K |
| 999 gold jewelry | 119,380▲200K | 121,880▲200K |
| 9920 jewelry gold | 118,380▲200K | 120,880▲200K |
| 99 gold jewelry | 118,380▲200K | 120,880▲200K |
| 916 Gold (22K) | 109,350▲180K | 111,850▲180K |
| 750 Gold (18K) | 84,150▲150K | 91,650▲150K |
| 680 Gold (16.3K) | 75,610▲140K | 83,110▲140K |
| 650 Gold (15.6K) | 71,950▲130K | 79,450▲130K |
| 610 Gold (14.6K) | 67,070▲120K | 74,570▲120K |
| 585 Gold (14K) | 64,020▲120K | 71,520▲120K |
| 416 Gold (10K) | 43,400▲80K | 50,900▲80K |
| 375 Gold (9K) | 38,400▲70K | 45,900▲70K |
| 333 Gold (8K) | 32,910▲70K | 40,410▲70K |
| 3.SJC- Updated: 8/29/2025 4:00 PM - Source website time - ▲/▼ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 127,800▲800K | 129,300▲800K |
| SJC gold 5 chi | 127,800▲800K | 129,320▲800K |
| SJC gold 0.5 chi, 1 chi, 2 chi | 127,800▲800K | 129,330▲800K |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 121,000▲900K | 123,600▲900K |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 121,000▲900K | 123,500▲900K |
| Jewelry 99.99% | 120,500▲900K | 122,500▲900K |
| Jewelry 99% | 116,287▲891K | 121,287▲891K |
| Jewelry 68% | 75,958▲612K | 83,458▲612K |
| Jewelry 41.7% | 43,737▲375K | 51,237▲375K |
World gold price this afternoon August 29, 2025 and world gold price fluctuation chart in the past 24 hours
According to Kitco, the world gold price recorded at 4:00 p.m. on August 29, Vietnam time, was 3,412.25 USD/ounce. This afternoon's gold price increased by 19.4 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,502 VND/USD), the world gold price is about 109 million VND/tael (excluding taxes and fees). Thus, the price of gold bars is 20.3 million VND/tael higher than the international gold price.
World gold prices are on a strong upward trend in August and are expected to continue rising next week. The main reason comes from the depreciation of the USD and growing expectations that the US Federal Reserve (Fed) will cut interest rates in September.
Specifically, spot gold prices increased by 0.57%, after reaching the highest level since August 11. Gold futures for December delivery decreased slightly by 0.12% to 3,470.05 USD/ounce.
The recent upward trend in world gold prices has been influenced by many economic and political factors. One of the reasons comes from important economic data from the United States. A newly released report shows that the US economic growth rate in the second quarter reached 3.3%, higher than the initial forecast and exceeding the expectations of many experts.
In addition, the US labor market also showed strength when the number of people applying for unemployment benefits decreased slightly compared to expectations. This shows that the economy is still in a stable state, but at the same time, it also makes the US Federal Reserve consider maintaining a tight monetary policy for a while longer, indirectly putting pressure on gold prices.
Another key factor supporting the gold price rally is the expectation that the US dollar will continue to weaken, with many experts, including analysts from Bank of America, predicting that gold prices could eventually approach the $4,000/ounce threshold.
Experts say gold is a popular choice among investors amid predictions that the US is about to enter a period of monetary policy easing, expected to start next month. Recent statements by Fed officials have further reinforced this expectation.
Governor Christopher Waller has publicly backed a rate cut in September and suggested further cuts are likely. Markets are pricing in an 86% chance of a 25 basis point rate cut next month.
In the domestic market, although the Government has had a policy of abolishing the monopoly mechanism of gold bars in the hope of reducing prices, in reality, gold prices continue to increase. The reason is believed to be that supply has not met the huge domestic demand. It takes time for policy changes to take effect and help domestic gold prices gradually approach world prices.
Besides gold, spot silver fell 0.6% to $38.82 an ounce. Platinum fell 1.2% to $1,343.80 an ounce, while palladium fell 0.4% to $1,097.73 an ounce.
