Gold price on August 14: Domestic and world gold prices increased to a record high of nearly 125 million

Gold pricedomestic today 8/14/2025

As of 10:00 today, August 14, 2025,gold priceDomestic pieces increased compared to yesterday. Specifically:

DOJI Group listed the price of SJC gold bars at 123.5-124.7 million VND/tael (buy - sell), an increase of 800 thousand VND/tael in both buying and selling directions compared to yesterday.

At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 123.7-124.7 million VND/tael (buy - sell), an increase of 700 thousand VND/tael in buying - an increase of 500 thousand VND/tael in selling compared to the closing price on August 13 yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 124.2-124.7 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 800 thousand VND/tael for buying and 500 thousand VND/tael for selling.

SJC gold price at Bao Tin Minh Chau Company Limited was traded by businesses at 123-124.2 million VND/tael (buying - selling), an increase of 300 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 122.7-124.7 million VND/tael (buy - sell), gold price increased 500 thousand VND/tael in both buying and selling directions compared to yesterday.

As of 10:00 a.m. on August 14, 2025, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 116.8-119.8 million VND/tael (buy - sell); the price increased by 300,000 VND/tael in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 117-120 million VND/tael (buy - sell); unchanged in both buying and selling directions compared to yesterday.

The latest gold price list today, August 14, 2025 is as follows:

World gold price today August 14, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 10:00 on August 14, Vietnam time, was 3,368.11 USD/ounce. Today's gold price increased by 21.39 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,460 VND/USD), the world gold price is about 107.4 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 17.3 million VND/tael higher than the international gold price.

Gold prices rose for a third consecutive day on expectations that the US Federal Reserve will cut interest rates in September after inflation data was released rather moderately. This also weakened the US dollar, further supporting gold prices.

Specifically, spot gold price increased by 0.64%, reaching 3368.11 USD/ounce. Meanwhile, US gold futures contract for December delivery also increased by 0.3%, to 3416.70 USD/ounce.

Technically, the gold price trend remains positive, Kyle Rodda, financial market analyst at Capital.com, said the market only needs to sustainably surpass the $3,400/ounce threshold to consolidate the upward momentum.

The dollar is at a multi-week low against other currencies, making gold cheaper for foreign investors. The yield on the 10-year US Treasury note also held at a one-week low.

The latest data shows that the US consumer price index (CPI) in July increased very slightly, reinforcing expectations that the Fed will cut interest rates next month. US Treasury Secretary Scott Bessent even said that the possibility of the Fed cutting by up to 50 basis points is very high.

Traders now see a Fed rate cut on September 17 as a near certainty, with a 6% chance of a 0.5% cut, according to LSEG. Gold is a non-yielding asset, so it typically benefits in a low-interest environment.

Investors are awaiting key US economic data this week, including producer price index (PPI), jobless claims and retail sales figures, for clues on the Fed's next move.

Regarding geopolitical developments, Ukrainian President Volodymyr Zelenskiy revealed that he warned former US President Donald Trump that Russian President Vladimir Putin was only "deceiving" about his intention to end the war.

Besides gold prices, spot silver prices increased 0.3% to $38.59/ounce, platinum increased slightly by 0.1% to $1,340.55/ounce, and palladium increased sharply by 1.5% to $1,139.52/ounce.

Gold price forecast

Gold prices are still holding key support above $3,300 an ounce, with technical developments suggesting the precious metal could be poised for a strong rally in the coming period, according to a new report from Bloomberg Intelligence.

If gold prices break above the resistance level around $3,400, it could be due to geopolitical developments rather than economic factors, according to Fawad Razaqzada, an analyst at City Index and FOREX.com.

He also commented: "While I remain optimistic about the long-term outlook for gold prices, the forecast for this year is more cautious. Gold prices may continue to move sideways or correct slightly in the next few months if the stock market rallies strongly."

One of the important factors that can help gold increase in price may come from the stock market. If US stocks experience a small correction, gold prices could skyrocket to $4,000/ounce, equivalent to about 128 million VND/tael.

According to gold expert Tran Duy Phuong, the US tariff policy has completed most of the negotiation process with major trade partners. Therefore, the main driving force of gold prices in the last months of the year will depend on the decision of the US Federal Reserve (Fed) to cut interest rates.

However, this expert believes that the Fed's interest rate cut is unlikely to create a strong increase in gold. He predicts that the world gold price may continue to decrease in the next few months, reaching 3,100-3,200 USD/ounce before consolidating and accumulating to prepare for a new price increase.

If the world gold price decreases, the domestic gold price will also adjust accordingly. The level of decrease depends largely on the ability to improve supply, especially SJC gold bars. Currently, the gap between the domestic SJC gold price and the world price is at an alarmingly high level, about 16-17 million VND/tael.

According to Mr. Phuong, this price gap poses many risks for gold holders, especially when the Government and the State Bank are considering measures to narrow the gap.

Financial expert Nguyen Tri Hieu warned that gold prices are at a high level and are volatile. He advised investors not to surf gold because of the high risks. Instead, when allocating assets, they should consider their risk appetite, ability to bear losses and personal profit goals.

Quoc Duong