Gold price at the close of the session on August 19: Domestic gold decreased by 1.6 million VND/tael

Khương Duy |

Gold price at the close of the session on August 19: Simultaneously decreased in both domestic and world markets. SJC gold bars and plain gold rings decreased by up to 1.6 million VND/tael.

SJC gold bar price

As of 6:40 PM, Phu Quy listed SJC gold bar prices at the threshold of 139.7-14.2.7 million VND/tael (buying - selling), down 1.6 million VND/tael in both buying and selling directions. The buying - selling difference is at 3 million VND/tael.

SJC gold bar price was listed by DOJI at the threshold of 139.7-14.2.7 million VND/tael (buying - selling), down 1.6 million VND/tael in both buying and selling directions. The difference between buying and selling is at 3 million VND/tael.

Bao Tin Minh Chau listed SJC gold bar prices at the threshold of 140.2-144.1 million VND/tael (buying - selling), down 1.6 million VND/tael in both buying and selling directions. The buying - selling difference is at 3.9 million VND/tael.

9999 gold ring price

As of 6:40 PM, Phu Quy Gold and Gems Group listed the price of gold rings at 139.7-142.7 million VND/tael (buying - selling), down 1.6 million VND/tael in both buying and selling directions. The buying - selling difference is at 3 million VND/tael.

Giá vàng nhẫn trơn tại một số đơn vị kinh doanh. Đơn vị: đồng/lượng. Biểu đồ: AI
Price of plain gold rings at some business units. Unit: VND/tael. Chart: AI

DOJI listed the price of gold rings at 140-144 million VND/tael (buying - selling), down 1 million VND/tael in both buying and selling directions. The buying - selling difference is at 4 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 140.2-144.1 million VND/tael (buying - selling), down 1.6 million VND/tael in both buying and selling directions. The buying - selling difference is at 3.9 million VND/tael.

Giá vàng miếng SJC và nhẫn trơn tại một số đơn vị kinh doanh. Đơn vị: đồng/lượng. Bảng: AI
SJC gold bar and plain ring prices at some business units. Unit: VND/tael. Table: AI

World gold price

Recorded at 6:50 PM, world gold prices were listed around the threshold of 4,364.9 USD/ounce, down 27.6 USD.

Diễn biến giá vàng thế giới những phiên giao dịch gần đây. Biểu đồ: AI
Developments in world gold prices in recent trading sessions. Chart: AI

Gold price forecast

Gold prices are entering a period of fluctuation as supporting and pressure factors appear simultaneously. US economic data shows signs of weakening, helping to strengthen expectations that the US Federal Reserve (Fed) will be more cautious in interest rate management, but high US government bond yields and energy prices are still significant obstacles for precious metals.

Developments in recent sessions show that gold prices are reacting quite sensitively to US economic data. After the July home sales index fell more sharply than forecast, gold once recovered from the low in the session to around 4,400 USD/ounce. This shows that less positive economic signals are still likely to support demand for gold, especially when the market re-evaluates the monetary policy outlook of the Fed.

However, the room for increase in gold prices is being limited by US bond yields maintained at high levels. Increased yields make the cost of opportunities to hold non-genuine assets like gold greater. In addition, high oil prices may increase concerns about inflation, making interest rate prospects continue to be unpredictable.

On the long-term support side, the World Gold Council (WGC) assesses that gold has many different characteristics compared to ordinary commodities. Diverse demand structure from investment, jewelry to technology helps the gold market adapt to many states of the economy. When risks increase, investment demand can become a driving force to support prices; in the growth phase, consumer demand contributes to maintaining the market.

WGC also emphasized the advantage of liquidity and portfolio diversification of gold. The average daily trading value on the global gold market reached approximately 373 billion USD in 2025, showing a significant market depth.

Technically, the 4,448 USD/ounce area is a resistance threshold to pay attention to. If this zone is surpassed, gold prices may head towards 4,518 USD/ounce. Conversely, the area around 4,333 USD/ounce is considered near support.

In the short term, when interest rate expectations, bond yields, oil prices and economic risks continue to intertwine, gold prices are likely to fluctuate strongly and struggle before establishing a clearer trend.

Gold price data is compared to the previous day.

The information in the article only reflects market developments, not investment recommendations.

See more news related to gold prices HERE...

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