Gold prices today, May 8, 2026: Price list for SJC gold, 9999 gold rings, 24K and 18K gold, and world gold prices.

Gold prices today, May 8, 2026, updated at 4 AM: SJC gold bars at major businesses increased by 1.5 million VND/ounce compared to yesterday, reaching 164.5 - 167.5 million VND/ounce. World gold prices increased by 44.20 USD to 4,734.20 USD/ounce, equivalent to 150.50 million VND/ounce.

The price of SJC gold increased by 1.5 million VND per tael today.

Today, May 8th, 2026, at 4 AM, SJC gold bars at major gold trading businesses increased by 1.5 million VND/ounce in both buying and selling prices compared to yesterday's session. Saigon Jewelry Company (SJC), DOJI Group, Phu Quy, and PNJ systems are all trading at 164.5 million VND/ounce (buying) and 167.5 million VND/ounce (selling).

The buy-sell spread at the four major brands remained at 3 million VND/ounce. The upward trend in domestic SJC gold prices today stems from the positive influence of the sharp increase in world gold prices last night.

The price of gold jewelry is rising in line with the price of gold bars.

The price of 24K gold (99.99%) today, May 8, 2026, increased by 1.5 million VND/ounce compared to yesterday, currently trading at 162 million VND/ounce (buying price) and 165.5 million VND/ounce (selling price). This increase, in line with the price of gold bars, reflects the return of demand for the precious metal across the entire product range.

18K gold (75%) increased by VND 1.12 million/ounce in both buying and selling prices, reaching VND 115.38 million/ounce (buying) and VND 124.28 million/ounce (selling). 14K gold (58.3%) increased by VND 590,000/ounce compared to yesterday, trading at VND 87.74 – 96.64 million/ounce. The increase gradually decreases according to the gold's purity, reflecting the percentage of pure gold in each product.

Prices of plain gold rings from major brands

Today, May 8th, 2026, the price of gold rings increased across all major systems compared to yesterday. SJC gold rings rose by 1.5 million VND/ounce to 164-167 million VND/ounce. DOJI gold rings also increased by 1.5 million VND/ounce, standing at 164.5-167.5 million VND/ounce – on par with the price of SJC gold bars.

Phu Quy gold rings increased by 1.3 million VND/ounce to 164.3 - 167.3 million VND/ounce. PNJ gold rings saw a smaller increase of 1 million VND/ounce, currently trading at 164 - 167 million VND/ounce - the lowest increase among the four major brands.

Gold bar and gold jewelry price list, May 8, 2026

World gold prices rose 0.94% to $4,734.20 per ounce.

According to Kitco's update at 4:00 AM on May 8, 2026 (Vietnam time), the world gold price was $4,734.2 USD/ounce, an increase of $44.2 USD, equivalent to 0.94%, compared to yesterday. Converted using the Vietcombank exchange rate of 26,368 VND/USD, the world gold price is equivalent to approximately 150.50 million VND/ounce. The difference between the SJC gold price and the world gold price is currently 17 million VND/ounce.

Global gold prices rose for the third consecutive session on expectations that the US and Iran may reach a peace agreement, thereby easing concerns about inflation and the risk of prolonged high interest rates. This development is positively supporting the upward trend in global gold prices.

Specifically, spot gold prices rose 0.94%, after touching a two-week high. US gold futures also increased 1.2% to $4,749.20 per ounce, indicating that buying pressure in the gold market remains quite strong.

Bob Haberkorn believes that if the ceasefire is maintained and the conflict ends, the price of gold could easily reach $5,000 per ounce. According to this expert, the gold market is currently focused on developments in the Middle East and the Fed's interest rate policy.

US President Donald Trump predicted that the war with Iran would soon end. Tehran is considering a peace proposal from the US, although issues related to Iran's nuclear program and the Strait of Hormuz remain unresolved. These signs of détente are contributing to a more positive sentiment in the gold market.

News of a truce has caused oil prices to continue falling, with Brent crude now below $100 per barrel. Lower oil prices help reduce inflationary pressure and open up the possibility that the Fed may cut interest rates in the near future, a factor that typically strongly supports gold prices as the precious metal benefits from lower interest rates.

Experts at TD Securities predict that gold prices could surpass $5,200 per ounce as geopolitical tensions and inflationary pressures from oil ease. The firm believes that falling US bond yields, a weakening US dollar, and demand for gold from investors and central banks will continue to support the upward trend in gold prices.

Newly released data shows that the Chinese central bank bought gold for the 18th consecutive month in April. China's continued gold accumulation is seen as a long-term support factor for global gold prices.

Investors are currently awaiting the US jobs report on Friday to assess the future direction of the Fed's monetary policy. This data could cause significant volatility in gold prices in the short term.

Besides gold, many other precious metals also rose sharply in this session. Spot silver prices increased 5% to $81.19 per ounce, the highest since April 17. Platinum prices rose 1.2% to $2,085.75 per ounce, while palladium increased 0.1% to $1,539.01 per ounce.