Gold price this afternoon September 4: SJC has a new record, world price decreases

World gold price increased to unprecedented high

As of 3:30 p.m. this afternoon, Vietnam time, the world gold price reached 3,544.23 USD/ounce, up 0.21% or 7.59 USD/ounce compared to yesterday.

World gold prices turned down slightly in this afternoon's trading session, after a strong increase to a record high yesterday. The main reason is that investors took advantage of the time when gold was at its peak to take profits.

Specifically, spot gold prices fell 0.21%. Meanwhile, US gold futures for December also fell 1.1% to $3,596.2/ounce.

The decline comes amid strong market expectations that the US Federal Reserve (Fed) will soon cut interest rates. In addition, the general sentiment among investors is quite cautious as everyone is focusing on the important US employment report to be released on Friday. This data is expected to provide clearer clues about the Fed's monetary policy path in the coming time.

According to one expert, this is just a technical profit-taking action and gold prices are still in an uptrend. Expectations of a Fed rate cut, along with concerns about the independence of this organization, are expected to continue to boost demand for gold as a safe investment channel.

Recent economic data has reinforced that expectation. The Labor Department reported that job openings fell more than expected in July, while several Fed officials have expressed concerns about the labor market and advocated for an early rate cut.

Gold tends to benefit in a low-interest-rate environment because it does not offer a yield like other financial assets. One major bank forecasts that gold could even rise beyond $4,000 by mid-2026 if private investors pile into the metal, maintaining its buy rating.

Trade tensions are also adding to the uncertainty. US President Donald Trump has said the US may have to scrap trade deals with the European Union, Japan, South Korea and elsewhere if he loses a Supreme Court case over reciprocal tariffs. That has stoked concerns and sent investors fleeing for safe havens.

Besides gold, spot silver prices fell slightly by 0.8% to $40.85 an ounce, despite earlier hitting its highest level since 2011. Platinum fell by 1% to $1,407.1 an ounce and palladium also fell by 0.8% to $1,138.11 an ounce.

Gold priceDomestic this afternoon 9/4/2025

As of 3:30 p.m. this afternoon, September 4, 2025, the domestic gold bar price set an all-time high. Specifically:

DOJI Group listed the price of SJC gold bars at 132.4 - 133.9 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 gold bars was listed by Saigon Jewelry Company Limited - SJC at 132.4 - 133.9 million VND/tael (buy - sell), an increase of 500 thousand VND/tael in both buying and selling directions compared to the closing price on September 3.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 132.9-133.9 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 500 thousand VND/tael for both buying and selling.

The price of gold bars at Bao Tin Minh Chau Company Limited is traded by the enterprise at 132.4 - 133.9 million VND/tael (buy - sell), the price increased by 1 million VND/tael in the buying direction - increased by 500 thousand VND/tael in the selling direction compared to the same period yesterday.

The price of SJC gold bars at Phu Quy was traded by businesses at 131.5-133.9 million VND/tael (buy - sell), the gold price increased by 500 thousand VND/tael in both buying and selling directions compared to yesterday.

As of 3:30 p.m. on September 4, 2025, the price of 9999 Hung Thinh Vuong round gold ring at DOJI was listed at 126.3-129.3 million VND/tael (buy - sell); an increase of 500 thousand VND/tael in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 126.5-129.5 million VND/tael (buy - sell); an increase of 500 thousand VND/tael in both buying and selling directions compared to yesterday.

The latest gold price list this afternoon, September 4, 2025 is as follows: