Gold price today August 9: Domestic and world gold prices hit new records, US imposes tax on gold bars
Gold price today August 9: Domestic gold price increased to a record high of 124 million, world gold price reached the highest level of 3400 USD after the US imposed tax on 1kg gold bars
Domestic gold price today August 9, 2025
As of 4:00 a.m. today, August 9, 2025,gold priceDomestic pieces increased to a record breaking 124 million. Specifically:
DOJI Group listed the price of SJC gold bars at 123.2-124.4 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 123.2-124.4 million VND/tael (buy - sell), an increase of 800 thousand VND/tael in buying - an increase of 600 thousand VND/tael in selling compared to the closing price on August 7 yesterday.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 123.4-124.4 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 400 thousand VND/tael for both buying and selling.
SJC gold price at Bao Tin Minh Chau Company Limited was traded by businesses at 122.6-124 million VND/tael (buying - selling), an increase of 200 thousand VND/tael in both buying and selling directions compared to the same period yesterday.
SJC gold price at Phu Quy is traded by businesses at 122.2-124.4 million VND/tael (buy - sell), gold price increased 1 million VND/tael in buying - increased 600 thousand VND/tael in selling compared to yesterday.

As of 4:00 a.m. on August 9, 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.
Phu Quy listed the price of Phu Quy 9999 round gold rings at 117-120 million VND/tael (buy - sell); an increase of 200 thousand VND/tael in both buying and selling directions compared to yesterday.
The latest gold price list today, August 9, 2025 is as follows:
Gold price today | August 9, 2025 (Million VND) | Difference (thousand dong/tael) | ||
Buy | Sell out | Buy | Sell out | |
SJC in Hanoi | 123.2 | 124.4 | +800 | +600 |
DOJI Group | 123.2 | 124.4 | +500 | +300 |
Mi Hong | 123.4 | 124.4 | +400 | +400 |
PNJ | 123.2 | 124.4 | +800 | +600 |
Bao Tin Minh Chau | 122.6 | 124 | +200 | +200 |
Phu Quy | 122.2 | 124.4 | +1000 | +600 |
1.DOJI- Updated: 8/9/2025 04:00 - Source website time - ▼/▲ Compared to yesterday. | ||
AVPL/SJC HN | 123,200▲500K | 124,400▲300K |
AVPL/SJC HCM | 123,200▲500K | 124,400▲300K |
AVPL/SJC DN | 123,200▲500K | 124,400▲300K |
Raw material 9999 - HN | 110,000 | 111,000 |
Raw materials 999 - HN | 109,900 | 110,900 |
2.PNJ- Updated: 8/9/2025 04:00 - Source website time - ▼/▲ Compared to yesterday. | ||
SJC 999.9 gold bar | 123,200 | 124,400 |
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: 8/9/2025 04:00 - Source website time - ▲/▼ Compared to yesterday. | ||
SJC Gold 1L, 10L, 1KG | 123,200▲800K | 124,400▲600K |
SJC gold 5 chi | 123,200▲800K | 124,420▲600K |
SJC gold 0.5 chi, 1 chi, 2 chi | 123,200▲800K | 124,430▲600K |
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 117,300▲500K | 119,800▲500K |
SJC 99.99% gold ring 0.5 chi, 0.3 chi | 117,300▲500K | 119,900▲500K |
99.99% jewelry | 117,200▲500K | 119,200▲500K |
99% Jewelry | 113,519▲495K | 118,019▲495K |
Jewelry 68% | 74,014▲340K | 81,214▲340K |
Jewelry 41.7% | 42,661▲208K | 49,861▲208K |
World gold price today August 9, 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 9, Vietnam time, was 3,390.84 USD/ounce. Today's gold price increased by 3.26 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,400 VND/USD), the world gold price is about 111.35 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 13.05 million VND/tael higher than the international gold price.
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US gold futures pricesGold prices hit an all-time high on uncertainty surrounding the possibility of the US imposing separate import tariffs on the most commonly traded bullion. Meanwhile, spot gold prices eased slightly but maintained their upward momentum for the week.
Specifically, spot gold prices increased slightly by 0.1%, after reaching the highest level since July 23. For the whole week, gold prices increased by about 1%. Meanwhile, gold futures for December delivery increased by 1.4%, to 3,502.90 USD/ounce, and had reached a record high of 3,534.10 USD.
The spread between New York gold futures and spot prices widened to more than $100 after the Financial Times reported that the US had imposed import tariffs on 1kg gold bars. The information, based on a letter from the US Customs and Border Protection (CBP), effective July 31, stipulates that 1kg and 100-ounce gold bars will be subject to higher tariffs. The move could affect Switzerland, the world's largest gold refining hub.
CBP said the correct HS code for 1kg and 100oz gold bars (the two most popular in the US futures market) is 7108.13.5500, not 7108.12.10. This is important because previously, the US only exempted 7108.12.10 from duty on its list of goods exempted from import duties. 7108.13.5500 was not on that duty-free list.
The change won’t take effect immediately, but if gold shipments start now, the U.S. price will be the London price plus import duties, putting the U.S. price significantly higher than the London market, said Giovanni Staunovo, a commodities analyst at UBS.
"The surge in gold prices shows that even safe-haven assets are not immune to volatility in the current complex tax environment," said Susannah Streeter of Hargreaves Lansdown.
Besides gold prices, spot silver prices increased 0.2% to 38.25 USD/ounce, while platinum decreased 0.6% to 1,325.46 USD, palladium prices decreased 2.4% to 1,123.50 USD.
Gold price forecast
Experts from major financial institutions such as Tierra, Goldman Sachs and UBS predict that the world gold price in August will fluctuate around 3,420 - 3,520 USD/ounce. The price may even exceed 3,600 USD if the US Federal Reserve (Fed) decides to cut interest rates or if geopolitical tensions increase.
Gold prices have approached the $3,400/ounce mark after US labor market data showed a less positive signal. Specifically, the number of Americans filing for unemployment benefits was higher than expected, with 226,000 in the week ending August 2, compared to the forecast of 220,000. The labor market may be weakening, leading investors to expect the Fed to cut interest rates soon to support the economy.
The rapid reaction of gold prices after this report shows that the market is very sensitive to negative economic signals. If the US economic indicators continue to decline, it is likely that gold prices will soon surpass the important psychological threshold of 3,400 USD/ounce.
Another important factor supporting gold prices is strong buying activity from central banks, especially China. In July, the People's Bank of China (PBOC) bought an additional 60,000 ounces of gold, bringing its total reserves to 73.96 million ounces. This is the ninth consecutive month that the PBOC has increased its gold purchases, aiming to diversify its foreign exchange reserves and reduce its dependence on the US dollar.
According to Tim Waterer, analyst at KCM Trade, the threat of new tariffs from the US is causing investors to seek gold as a safe haven. The price of gold is currently approaching the $3,400/ounce mark while risky assets such as stocks are volatile due to trade announcements from the US government.
The latest report from WisdomTree also pointed out many macro factors that could push gold prices to a new record. Among them, political pressure on the Fed raises concerns about the independence of the central bank. If the Fed is forced to loosen monetary policy too much, the US economy could fall into a state of high inflation and recession, similar to the period in the late 1970s, when gold prices increased sharply.
In addition, if the US government actively weakens the USD to reduce the burden of public debt, gold prices may be strongly supported. WisdomTree even predicts that if the US pursues a clear policy of devaluing the USD, gold prices could reach 5,355 USD/ounce by the end of June 2026.