Gold price today August 19: Gold bar and gold ring prices hold record levels, world gold prices slightly decrease

Gold pricedomestic today 19/8/2025

As of 10:30 today, August 19, 2025, the domestic gold bar price increased to a record high compared to yesterday. Specifically:

DOJI Group listed the price of SJC gold bars at 124-125 million VND/tael (buy - sell), an increase of 500 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 124-125 million VND/tael (buy - sell), an increase of 500 thousand VND/tael in both buying and selling directions compared to the closing price on August 17 yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 124.5-125 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 500 thousand VND/tael for both buying and selling.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 124-125 million VND/tael (buy - sell), the price increased by 500 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 123-125 million VND/tael (buy - sell), gold price increased 300 thousand VND/tael in buying direction - increased 500 thousand VND/tael in selling direction compared to yesterday.

As of 10:30 a.m. on August 19, 2025, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 117-120 million VND/tael (buy - sell); the price increased by 500,000 VND/tael in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 117.2-120.2 million VND/tael (buy - sell); an increase of 400 thousand VND/tael in both buying and selling directions compared to yesterday.

The latest gold price list today, August 19, 2025 is as follows:

World gold price today August 19, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 10:30 on August 19, Vietnam time, was 3,341.15 USD/ounce. Today's gold price decreased by 2.9 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,480 VND/USD), the world gold price is about 106.57 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 18.43 million VND/tael higher than the international gold price.

World gold prices fluctuated slightly, thanks to the decline in US Treasury bond yields. Investors are paying attention to the meeting between US President Donald Trump with Ukrainian and European leaders, as well as the annual conference of the US Federal Reserve in Jackson Hole.

Specifically, spot gold prices decreased by 0.09%. US gold futures for December delivery decreased slightly by 0.1% to 3,375.40 USD.

Fed Chairman Jerome Powell's speech at the annual conference taking place from August 21-23 in Wyoming is expected to provide a clearer view of the economic outlook and the possibility of easing monetary policy.

"Gold is still in a sideways state and waiting for a new factor to break out. The important event to watch is the Jackson Hole conference and whether the Fed signals a policy easing trend or not," said Kyle Rodda, financial market analyst at Capital.com.

According to the CME FedWatch tool, there is an 84% chance that the Fed will cut interest rates by 0.25 percentage points at its upcoming meeting. Gold tends to rise in low interest rate environments and when uncertainty increases.

Minutes of the Fed's July policy meeting, due for release on Wednesday, will also provide further clues on the direction of monetary policy.

Regarding the war situation, US President Donald Trump recently pledged to his Ukrainian counterpart Volodymyr Zelenskiy that Washington would support Ukraine's security in any potential agreement to end the war with Russia. This commitment was made after the meeting between Trump and Russian President Vladimir Putin in Alaska failed to reach an agreement.

Trump described the meeting with Zelenskiy as "very good" and said he had reached out to the Russian leader to arrange a meeting between the two sides. "If somehow a deal is signed between Ukraine and Russia, that could be a negative shock to gold prices," Rodda warned.

Besides gold, spot silver fell 0.5% to $37.82 an ounce. Platinum edged up 0.1% to $1,323.76 while palladium fell 0.9% to $1,112.34.

Gold price forecast

According to the latest survey from Kitco News, most experts on Wall Street predict that gold prices will continue to move sideways in the near future. Meanwhile, most individual investors remain optimistic that gold prices can increase.

Adrian Day of Adrian Day Asset Management said: 'The meeting between President Trump and President Putin could be volatile for gold prices in the short term. Gold is likely to maintain a slight increase in the current range. The market has already priced in expectations of a Fed rate cut in September, so further monetary easing is needed for gold prices to break out.'

Colin Cieszynski of SIA Wealth Management expressed a neutral view: 'The two big events, the summit and Jackson Hole, could impact the US dollar, which in turn could impact gold prices. However, the market tends to be less volatile during this period.'

James Stanley from Forex.com is more optimistic: 'Gold is at solid support. Central banks are unlikely to signal tightening ahead of Jackson Hole. When faced with uncertainty, they tend to take a dovish stance.'

Ole Hansen of Saxo Bank said recent inflation data is not enough to stop the Fed from cutting interest rates. 'Gold prices fell slightly after the PPI report beat expectations, but the long-term outlook remains positive. The Fed will have to balance controlling inflation and supporting the economy.' He forecasts gold prices to fluctuate around $3,350 with a $200 range.

This week will focus on housing, manufacturing and especially Fed reports. Minutes from the July FOMC meeting will be released on Wednesday, along with speeches from Fed officials. The Jackson Hole conference begins on Thursday, with a keynote speech from Chairman Powell on Friday.

Marc Chandler from Bannockburn Global Forex commented: "Gold prices have bottomed out around $3,330. Trading in the $3,250-$3,400 range has many investors cautious. Geopolitical factors such as the Trump-Putin meeting could create volatility, but the impact may be slow."

According to the WGC, global gold demand in the second quarter of 2025 increased by 3% year-on-year to 1,248.8 tonnes. Investment in gold ETFs reached the highest level since early 2020, while jewelry consumption fell by 14% due to weak demand from China and India. Central banks bought a net 166.5 tonnes, down 21% year-on-year.

Gold prices have risen 26% since the beginning of the year, hitting a record of $3,500 in April. Persistent inflation and geopolitical uncertainty continue to support gold's safe-haven status. Gold prices are forecast to rise another 10-15% in the second half of the year if risk factors persist.

Quoc Duong