Gold price today August 8, 2025: Domestic and world gold prices close to record levels, difference of 12.5 million VND
Gold price today August 8: Domestic gold price increased beyond 124 million, world gold price reached the highest level in 2 weeks but still lower than domestic price by 12.5 million VND
Gold pricedomestic today 8/8/2025
As of 4:00 a.m. today, August 8, 2025, the domestic gold bar price has increased beyond the 124 million mark. Specifically:
DOJI Group listed the price of SJC gold bars at 122.7-124.1 million VND/tael (buy - sell), an increase of 500 thousand VND/tael for buying - an increase of 300 thousand VND/tael for selling compared to yesterday.
At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 122.4-123.8 million VND/tael (buy - sell), the price remained unchanged in both buying and selling directions compared to the closing price on August 6 yesterday.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 123-124 million VND/tael for buying and selling. Compared to yesterday, the gold price remained unchanged for buying - increased by 200 thousand VND/tael for selling.
SJC gold price at Bao Tin Minh Chau Company Limited was traded by the enterprise at 122.4-123.8 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 121.2-123.8 million VND/tael (buy - sell), gold price remains unchanged in both buying and selling directions compared to yesterday.

As of 4:00 a.m. on August 8, 2025, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 117.5-120 million VND/tael (buy - sell); the price remained unchanged in both buying and selling directions compared to yesterday.
Bao Tin Minh Chau listed the price of gold rings at 117.8-120.8 million VND/tael (buy - sell); unchanged in both buying and selling directions compared to yesterday.
The latest gold price list today, August 8, 2025 is as follows:
Gold price today | August 8, 2025 (Million VND) | Difference (thousand dong/tael) | ||
Buy | Sell out | Buy | Sell out | |
SJC in Hanoi | 122.4 | 123.8 | - | - |
DOJI Group | 122.7 | 124.1 | +500 | +300 |
Mi Hong | 123 | 124 | - | +200 |
PNJ | 122.4 | 123.8 | - | - |
Bao Tin Minh Chau | 122.4 | 123.8 | - | - |
Phu Quy | 121.2 | 123.8 | - | - |
1.DOJI- Updated: 8/8/2025 04:00 - Source website time - ▼/▲ Compared to yesterday. | ||
AVPL/SJC HN | 122,700▲500K | 124,100▲300K |
AVPL/SJC HCM | 122,700▲500K | 124,100▲300K |
AVPL/SJC DN | 122,700▲500K | 124,100▲300K |
Raw material 9999 - HN | 110,000 | 111,000 |
Raw materials 999 - HN | 109,900 | 110,900 |
2.PNJ- Updated: 8/8/2025 04:00 - Source website time - ▼/▲ Compared to yesterday. | ||
SJC 999.9 gold bar | 122,400 | 123,800 |
PNJ 999.9 Plain Ring | 117,500 | 120,000 |
Kim Bao Gold 999.9 | 117,500 | 120,000 |
Gold Phuc Loc Tai 999.9 | 117,500 | 120,000 |
PNJ Gold - Phoenix | 117,500 | 120,000 |
999.9 gold jewelry | 116,300 | 118,800 |
999 gold jewelry | 116,180 | 118,680 |
9920 gold jewelry | 115,450 | 117,950 |
99 gold jewelry | 115,210 | 117,710 |
916 Gold (22K) | 106,420 | 108,920 |
750 Gold (18K) | 81,750 | 89,250 |
680 Gold (16.3K) | 73,430 | 80,930 |
650 Gold (15.6K) | 69,870 | 77,370 |
610 Gold (14.6K) | 65,120 | 72,620 |
585 Gold (14K) | 62,150 | 69,650 |
416 Gold (10K) | 42,070 | 49,570 |
375 Gold (9K) | 37,200 | 44,700 |
333 Gold (8K) | 31,850 | 39,350 |
3.SJC- Updated: 8/8/2025 04:00 - Source website time - ▲/▼ Compared to yesterday. | ||
SJC Gold 1L, 10L, 1KG | 122,400 | 123,800 |
SJC gold 5 chi | 122,400 | 123,820 |
SJC gold 0.5 chi, 1 chi, 2 chi | 122,400 | 123,830 |
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 116,800 | 119,300 |
SJC 99.99% gold ring 0.5 chi, 0.3 chi | 116,800 | 119,400 |
99.99% jewelry | 116,700 | 118,700 |
99% Jewelry | 113,024 | 117,524 |
Jewelry 68% | 73,674 | 80,874 |
Jewelry 41.7% | 42,452 | 49,652 |
World gold price today August 8, 2025 and world gold price fluctuation chart in the past 24 hours
According to Kitco, the world gold price recorded at 4:00 a.m. on August 8, Vietnam time, was 3,389.08 USD/ounce. Today's gold price increased by 17.39 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,400 VND/USD), the world gold price is about 111.3 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 12.5 million VND/tael higher than the international gold price.
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World gold prices rose to their highest level in more than two weeks, thanks to investment demand for safe assets after the US imposed import tariffs and employment data raised expectations that the Federal Reserve (Fed) could cut interest rates.
Specifically, spot gold prices increased 0.52% to the highest level since July 23. Meanwhile, gold futures prices in the US also increased nearly 0.7% to 3,455.60 USD.
Trade and geopolitical conflicts are driving demand for gold as a safe haven, experts say. The US has officially imposed higher tariffs on imports from many countries, including Switzerland, Brazil and India, forcing these partners to renegotiate trade agreements.
In addition, the number of Americans filing for unemployment benefits rose to a one-month high, indicating signs of a slowing labor market. This reinforced expectations that the Fed will cut interest rates in the near future.
The Bank of England (BoE) has decided to cut its benchmark interest rate, sending the price of gold in British pounds up slightly. This morning, the BoE cut interest rates by 0.25%, from 4.25% to 4.00%. Of the nine members of the Monetary Policy Committee, five supported the rate cut, while four wanted to keep it at the current level.
Gold is often seen as a store of value during times of economic or political uncertainty. Additionally, when interest rates fall, gold becomes more attractive because it does not offer a fixed return like bonds or bank deposits.
Last week, weak US jobs data pushed the market to more than 91% of the probability of the Fed cutting interest rates by 0.25% next month. Some Fed officials have also expressed concerns about the labor situation and said two rate cuts this year are necessary.
Besides gold prices, spot silver prices also increased by 1.5% to 38.40 USD/ounce, the highest level since July 25. Platinum increased slightly by 0.2% to 1,335.60 USD, while palladium increased sharply by 2.5% to 1,159.93 USD.
Gold price forecast
A Reuters survey in July showed that worries about global trade and debt are pushing many investors to safe-haven assets like gold. The median forecast from 40 experts and traders showed gold could reach $3,220 an ounce this year, up from $3,065 in the previous survey.
The World Gold Council (WGC) has revised down its forecast for central bank gold purchases this year, but the long-term trend remains unchanged as many countries continue to shift from US dollars to gold to diversify their reserves.
According to official data, the People's Bank of China (PBOC) added gold to its reserves in July, reaching 73.96 million ounces, up slightly from 73.90 million ounces at the end of June. The value of gold reserves also increased from 242.93 billion USD to 243.99 billion USD in the same period.
According to the latest report from Bloomberg, the amount of gold bars stored in the warehouses of the Shanghai Futures Exchange has reached a record high. More than 36 tons of gold has been registered for futures trading, as investors take advantage of the price difference between spot gold and futures.
John Reade, senior expert at the World Gold Council (WGC), said this is a clear sign of the strong attraction of gold in the current Chinese market. Banks and traders are adopting a strategy of buying low-priced spot gold to deliver to the exchange's warehouse, then using this gold to offset futures contracts, helping them to effectively close profits.
Experts from WisdomTree point out 5 macro factors that could push gold prices to new heights. In particular, if the Trump administration implements a monetary easing policy that weakens the USD, gold prices could surge sharply.
After hitting a historic peak of $3,500 an ounce in April, gold prices are now hovering between $3,180 and $3,400. WisdomTree forecasts prices could reach $3,850 by the second quarter of 2026, and even surpass $5,355 if the US dollar weakens significantly.
In Vietnam, the price of gold in July 2025 increased by 1.02% compared to the previous month and increased by 49.7% compared to the same period last year. In the first 7 months of the year, the growth rate reached 39.09%, mainly due to the scarce supply of gold bars in the market.