Update gold price this afternoon August 8, 2025 latest in domestic market
| Gold price today | ||||
|---|---|---|---|---|
| Buy | Sell | |||
| SJC in Hanoi | 123.2 | ▲800K | 124.4 | ▲600K |
| DOJI Group | 122.6 | ▼100K | 124.0 | ▼100K |
| Red Eyelashes | 122.8 | ▼200K | 124.0 | ▲200K |
| PNJ | 123.2 | ▲800K | 124.4 | ▲600K |
| Vietinbank Gold | 124.4 | ▲600K | ||
| Bao Tin Minh Chau | 122.6 | ▲200K | 124.0 | ▲200K |
| Phu Quy | 122.2 | ▲1000K | 124.4 | ▲600K |
SJC and PNJ gold prices break out strongly
As of 4:00 p.m. on August 8, 2025, today's gold price recorded a significant boost at SJC branches. Specifically, the price of SJC gold bars increased by 800,000 VND/tael in the buying direction, listed at 123.2 million VND/tael. The selling direction was not far behind when it increased by 600,000 VND/tael, reaching 124.4 million VND/tael.
Sharing the same increase, PNJ listed the buying price increased by 800,000 VND/tael, to 123.2 million VND/tael, and the selling price also increased by 600,000 VND/tael, reaching 124.4 million VND/tael.
Gold prices at other brands reacted in mixed ways, Phu Quy increased by a million
While SJC and PNJ accelerated, DOJI Group had a downward session. DOJI gold price decreased by 100,000 VND/tael in both buying and selling directions, bringing the price down to 122.6 million VND/tael (buy) and 124.0 million VND/tael (sell).
Mi Hong's buying price decreased by VND 200,000/tael, listed at VND 122.8 million/tael, but the selling price increased by VND 200,000/tael, to VND 124.0 million/tael.
At Bao Tin Minh Chau, the buying and selling prices both increased by VND 200,000/tael, bringing the prices to VND 122.6 million/tael and VND 124.0 million/tael respectively.
Meanwhile, Phu Quy made the strongest impression in the buying direction when adjusting up to 1,000,000 VND/tael, reaching 122.2 million VND/tael. However, the selling price of this brand only increased by 600,000 VND/tael, to 124.4 million VND/tael.
The price of 9999 plain gold rings today, August 8, 2025, is unchanged compared to yesterday.
At 4:00 p.m. on August 8, 2025, the price of DOJI's 9999 Hung Thinh Vuong round gold ring was listed at VND 117.5 million/tael (buy) and VND 120.0 million/tael (sell), unchanged in both directions compared to the previous day, with a buy-sell difference of VND 2.5 million/tael.
Plain gold ring price today August 8, 2025 increased slightly at Phu Quy
Bao Tin Minh Chau kept the price of gold rings at 117.8 million VND/tael (buy) and 120.8 million VND/tael (sell), no new changes compared to early this morning, with a difference of 3 million VND/tael.
Phu Quy Group also listed the price of gold rings at 117.0 million VND/tael (buy) and 120.0 million VND/tael (sell), an increase of 200,000 VND/tael in both directions compared to yesterday, with a buy-sell difference of 3 million VND/tael.
Gold price list this afternoon August 8, 2025 in Vietnam in detail
Update gold price this afternoon August 8, 2025 latest on the world market
World gold price, at 4:00 p.m. on August 8, 2025 (Vietnam time), the world spot gold price was at 3,395.9 USD/ounce. Today's gold price increased by 1 USD. Converted according to the USD exchange rate at Vietcombank (26,400 VND/USD), the world gold price is about 112.48 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (122.4-123.8 million VND/tael), the SJC gold price is currently about 11.32 million higher than the international gold price.
Today, August 8, 2025, the world gold market has had remarkable developments, especially in the US. US gold futures prices have risen to a record high, while spot gold prices are also on track to increase for the second consecutive week.
The main causes of this volatility come from two big factors: uncertainties about tariff policies and expectations that the US Federal Reserve (Fed) will cut interest rates.
US gold futures, which are traded for delivery in December, have surged to an all-time high. This comes after the US imposed tariffs on imported 1-kilogram gold bars. This makes it more expensive to import gold into the US from other countries, especially Switzerland (the world's largest gold refining center).
As a result, the price of gold in the US is significantly higher than the price on the London market, which is often used as a reference. This price difference is the cost of import duties that traders have to bear.
Besides tariffs, another factor supporting gold prices is the expectation that the Fed will soon cut interest rates. Weak US employment data last week reinforced the belief that the Fed will lower interest rates to stimulate the economy.
As interest rates fall, the opportunity cost of holding non-yielding gold also falls, making it more attractive to investors. Gold has long been seen as a safe haven in times of economic and political uncertainty, and current developments are adding to the appeal of the precious metal.
Source: https://baodanang.vn/gia-vang-chieu-nay-8-8-2025-gia-vang-trong-nuoc-ngap-sac-xanh-tang-ca-trieu-lam-tiep-ky-luc-moi-3298942.html
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