Gold price closing on August 22: Domestic gold price increased to record peak, world gold price increased slightly

Gold priceDomestic closing date August 22, 2025

As of 5:00 p.m. on August 22, 2025, the domestic gold bar price is at a new record high. Specifically:

SJC gold price is listed by DOJI Group at 124.4-125.4 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 SJC gold was listed by Saigon Jewelry Company Limited - SJC at 124.4-125.4 million VND/tael (buy - sell), the price remained unchanged in both buying and selling directions compared to the closing price on August 20 yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 124.9-125.4 million VND/tael for buying and selling. Compared to yesterday, the gold price remained unchanged in both buying and selling directions.

SJC gold price at Bao Tin Minh Chau Company Limited was traded by the enterprise at 124.4-125.4 million VND/tael (buy - sell), the price remained unchanged in both buying and selling directions compared to the same period yesterday.

SJC gold price at Phu Quy is traded by businesses at 123.4-125.4 million VND/tael (buy - sell), gold price remains unchanged in both buying and selling directions compared to yesterday.

As of 5:00 p.m. on August 22, 2025, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 117.4-120.4 million VND/tael (buy - sell); an increase of 100,000 VND/tael in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 117.6-120.6 million VND/tael (buy - sell); an increase of 100 thousand VND/tael in both buying and selling directions compared to yesterday.

The latest gold price list as of August 22, 2025 is as follows:

World gold price closing date August 22, 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 22, Vietnam time, was 3,330.48 USD/ounce. The closing price of gold decreased by 8.76 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,550 VND/USD), the world gold price is about 106.56 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 18.84 million VND/tael higher than the international gold price.

World gold prices fell slightly due to the increase in the USD. The market is waiting for the speech of the Chairman of the US Federal Reserve (Fed) Jerome Powell at the annual Jackson Hole conference to find clues about the upcoming monetary policy roadmap.

Specifically, spot gold price decreased by 0.26%, while US gold futures price for December also decreased by 0.4% to 3,368.80 USD.

Analyst Giovanni Staunovo from UBS Bank said the moderate strengthening of the US dollar was the main reason for the downward correction in gold, as it made gold more expensive for foreign investors.

The dollar rose to its highest in nearly two weeks as investors reduced expectations for a rate cut in September. Futures data now shows a 71% chance of a 25 basis point rate cut next month, down from above 90% last week. Gold typically benefits in a low-interest-rate environment.

Fed officials have been cautious about cutting interest rates next month, suggesting the upcoming Fed meeting will be tense, with some favoring a sharp cut while others want to maintain the status quo.

The challenge for policymakers is that despite signs of labor market weakness, inflation remains above the 2% target and risks rising further due to new tax increases. Recent labor data showed the number of people filing for unemployment benefits in the United States rose the most in nearly three months.

Besides gold, spot silver also fell 0.4% to $38.03 an ounce. Platinum fell 0.6% to $1,343.80, while palladium edged up 0.2% to $1,112.85.