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

Quoc DuongDNUM_BEZAIZCACF 10:57

Gold price on August 14, 2025: Domestic and world gold prices increased sharply, gold bar price broke the record to 124.7 million, gold ring price increased to nearly 120 million VND

Gold priceDomestic today 8/14/2025

As of 10:00 a.m. 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 for buying - an increase of 500 thousand VND/tael for 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 is traded by businesses at 123-124.2 million VND/tael (buy - sell), the price increased by 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 by 500 thousand VND/tael in both buying and selling directions compared to yesterday.

Cập nhật giá vàng ngày 14/8: Giá vàng trong nước và thế giới tăng kỷ lục lên gần 125 triệu

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 thousand 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:

Gold price today
August 14, 2025
(million dong)
Difference
(thousand dong/tael)
Buy
Sell
Buy
Sell
SJC in Hanoi
123.7124.7
+700+500
DOJI Group
123.5124.7
+800
+800
Red Eyelashes
124.2124.7
+800+500
PNJ
123.5
124.7
+500+500
Bao Tin Minh Chau
123.5
124.7
+500+500
Phu Quy122.7124.7
+500+500
1.DOJI- Updated: 8/14/2025 10:00 - Source website time - ▼/▲ Compared to yesterday.
AVPL/SJC HN123,500▲800K124,700▲800K
AVPL/SJC HCM123,500▲800K124,700▲800K
AVPL/SJC DN123,500▲800K124,700▲800K
Raw material 9999 - HN109,600▲300K110,600▲300K
Raw material 999 - HN106,500▲300K110,500▲300K
2.PNJ- Updated: 8/14/2025 10:00 - Source website time - ▼/▲ Compared to yesterday.
SJC 999.9 gold bar123,500▲500K124,700▲500K
PNJ 999.9 Plain Ring116,800119,800▲300K
Kim Bao Gold 999.9116,800119,800▲300K
Gold Phuc Loc Tai 999.9116,800119,800▲300K
PNJ Gold - Phoenix116,800119,800▲300K
999.9 gold jewelry116,100118,600
999 gold jewelry115,980118,480
9920 jewelry gold115,250117,750
99 gold jewelry115,010117,510
916 Gold (22K)106,240108,740
750 Gold (18K)81,60089,100
680 Gold (16.3K)73,30080,800
650 Gold (15.6K)69,74077,240
610 Gold (14.6K)65,00072,500
585 Gold (14K)62,03069,530
416 Gold (10K)41,99049,490
375 Gold (9K)37,13044,630
333 Gold (8K)31,79039,290
3.SJC- Updated: 8/14/2025 10:00 - Source website time - ▲/▼ Compared to yesterday.
SJC Gold 1L, 10L, 1KG123,700▲700K124,700▲500K
SJC gold 5 chi123,700▲700K124,720▲500K
SJC gold 0.5 chi, 1 chi, 2 chi123,700▲700K124,730▲500K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi117,100▲300K119,600▲300K
SJC 99.99% gold ring 0.5 chi, 0.3 chi117,100▲300K119,700▲300K
Jewelry 99.99%116,900▲500K118,700▲100K
Jewelry 99%113,024▲99K117,524▲99K
Jewelry 68%73,674▲68K80,874▲68K
Jewelry 41.7%42,452▲41K49,652▲41K

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.

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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 mildly. This also weakened the US dollar, further supporting gold prices.

Specifically, spot gold prices increased by 0.64% to $3,368.11/ounce. Meanwhile, US gold futures contracts for December delivery also increased by 0.3% to $3,416.70/ounce.

Technically, the gold price trend remains positive, said Kyle Rodda, financial market analyst at Capital.com. The market only needs to sustainably surpass the $3,400/ounce level 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 showed that the US consumer price index (CPI) rose very slightly in July, 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-rate environment.

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

On 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 holding on to key support above $3,300 an ounce, with technical developments suggesting the precious metal could be poised for a strong rally in the near term, according to a new report from Bloomberg Intelligence.

If gold breaks 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, my 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, the price of gold 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 risk appetite, loss tolerance and personal profit goals.

Quoc Duong