Gold price today August 6, 2025: Continuously increasing

Gold price today August 6, 2025

At the time of survey at 4:30 a.m. on August 6, 2025, the price of gold bars was listed by some businesses specifically as follows:

The price of SJC gold bars was listed by Saigon Jewelry Company, Bao Tin Minh Chau and PNJ at 122.2-123.8 million VND/tael (buy - sell), an increase of 500,000 VND/tael in both buying and selling directions compared to yesterday.

Meanwhile, the price of SJC gold at Phu Quy was traded by businesses at 121.2-123.8 million VND/tael (buy - sell), the gold price increased by 700,000 VND/tael for buying and increased by 500,000 VND/tael for selling compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 122.6-123.8 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 400,000 VND/tael for buying and 600,000 VND/tael for selling.

Regarding ring gold, the price of 9999 Hung Thinh Vuong round ring gold at DOJI is listed at 117.5-120 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 117.8-120.8 million VND/tael (buy - sell); an increase of 600,000 VND/tael in both buying and selling directions compared to yesterday.

World gold price today August 6, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 am today, Vietnam time, was at 3,385.24 USD/ounce. Today's gold price increased by 0.34% compared to yesterday. Converted according to the USD exchange rate on the free market (26,425 VND/USD), the world gold price is 107.8 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is about 16 million VND/tael higher than the international gold price.

Diễn biến giá vàng thế giới trong 24h qua. — World gold price movements in the past 24 hours.

“The strong US dollar is weighing on gold, but expectations that the Fed will start cutting rates in September remain a big support,” said Bob Haberkorn, senior strategist at RJO Futures.

Markets are now pricing in two Fed rate cuts by the end of the year, starting in September, following last week's weaker-than-expected June jobs report. Gold is often seen as a safe haven in times of political and financial uncertainty, and is particularly attractive in a low-interest-rate environment because it does not pay interest.

Meanwhile, Mr. Trump said he would soon announce an interim replacement for Fed Governor Adriana Kugler, who recently resigned, as well as his pick for the next Fed Chair.

The US trade deficit narrowed in June as imports of consumer goods fell sharply, new data showed, a sign that Mr Trump’s sweeping tariffs are having a visible impact on global trade.

Investors are now waiting for the US jobs report due on Thursday for further clues on the Fed's policy direction.

Among other precious metals, spot silver rose 0.4% to $37.53 an ounce, its highest since July 30. “I am more bullish on silver than gold right now,” Haberkorn said. “If silver breaks $40, the next target would be around $42.”

Platinum fell 1.3% to $1,312.42 an ounce, while palladium fell 1.7% to $1,186.18 an ounce.

Source: https://baohatinh.vn/gia-vang-hom-nay-682025-lien-tiep-tang-post293171.html