Gold price forecast for tomorrow, August 21, 2025: Will the Jackson Hole "earthquake" cause gold to rebound?

Update gold price today August 20, 2025 latest

The price of SJC gold bars in Hanoi is listed at 123.8 million VND/tael (buy) and 124.8 million VND/tael (sell). Compared to the beginning of the day, the buy price has decreased by 200 thousand VND/tael and the sell price has also decreased by 200 thousand VND/tael.

DOJI Group and PNJ are not out of the general trend. Both brands listed gold prices at 123.8 million VND/tael (buy) and 124.8 million VND/tael (sell). This price decreased by 200 thousand VND/tael in both buying and selling directions, similar to SJC.

At Mi Hong, the latest gold price this afternoon, August 20, 2025, has a slight difference. The buying price was adjusted down by 300 thousand VND/tael, down to 124.2 million VND/tael. Meanwhile, the selling price decreased by 200 thousand VND/tael, down to 124.8 million VND/tael.

For Vietinbank Gold, the selling price was adjusted down by VND200,000/tael, down to VND124.8 million/tael.

Bao Tin Minh Chau listed the price of gold bars at 123.8 million VND/tael (buy) and 124.8 million VND/tael (sell), down 200,000 VND/tael in both directions.

Meanwhile, Phu Quy recorded a lower buying price, at 122.8 million VND/tael (down 200,000 VND/tael), while the selling price remained at 124.8 million VND/tael (down 200,000 VND/tael).

At 6:30 p.m. on August 20, 2025, the price of DOJI's 9999 Hung Thinh Vuong round gold ring was listed at VND 117.0 million/tael (buy) and VND 120.0 million/tael (sell), unchanged in the buy direction and increased by VND 200,000/tael in the sell direction compared to the previous day, with a buy-sell difference of VND 3 million/tael.

Bao Tin Minh Chau kept the price of gold rings at 117.2 million VND/tael (buy) and 120.2 million VND/tael (sell), unchanged in both directions compared to early this morning, with a difference of 3 million VND/tael.

Phu Quy Group also listed the price of gold rings at 116.7 million VND/tael (buy) and 119.7 million VND/tael (sell), down 200,000 VND/tael in both directions compared to yesterday, with a buy-sell difference of 3 million VND/tael.

Gold price list today August 20, 2025 in Vietnam in detail

Update world gold price this afternoon 8/20/2025 latest

World gold price, at 5:12 p.m. on August 20, 2025 (Vietnam time), the world spot gold price was at 3,325.2 USD/ounce. Today's gold price increased by 11.2 USD compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,520 VND/USD), world gold is priced at about 110.62 million VND/tael (excluding taxes and fees). Compared to the domestic SJC gold bar price on the same day (123.8-124.8 million VND/tael), the current SJC gold price is about 14.18 million higher than the international gold price.

Gold prices edged up slightly on the afternoon of August 20, 2025, after hitting a three-week low. The small recovery came as the US dollar strengthened and investors awaited important information from the Jackson Hole conference. Specifically, spot gold rose 0.2% to $3,321.83 an ounce, while US gold futures also rose 0.2% to $3,364.30.

One of the factors that has weighed on gold prices recently is the strengthening of the US dollar, which makes gold more expensive for buyers using foreign currencies. In addition, the more stable geopolitical situation has also reduced the demand for safe-haven gold.

Markets are focused on Fed Chairman Jerome Powell's speech at Jackson Hole later this week, with investors hoping for further clues on future monetary policy. Many experts predict the Fed could start cutting interest rates as early as September, a move that typically benefits gold prices.

Meanwhile, prices of other precious metals were mixed: silver fell 0.5% to $37.20 an ounce, platinum rose 0.6% to $1,314.25, and palladium fell 0.6% to $1,108.25.

News, gold price forecast tomorrow 8/21/2025

Gold prices edged up slightly on the afternoon of August 20, 2025, after hitting a three-week low. The small recovery came as the US dollar strengthened and investors awaited important information from the Jackson Hole conference. Specifically, spot gold rose 0.2% to $3,321.83 an ounce, while US gold futures also rose 0.2% to $3,364.30.

One of the factors that has weighed on gold prices recently is the strengthening of the US dollar, which makes gold more expensive for buyers using foreign currencies. In addition, the more stable geopolitical situation has also reduced the demand for safe-haven gold.

Markets are focused on Fed Chairman Jerome Powell's speech at Jackson Hole later this week, with investors hoping for further clues on future monetary policy. Many experts predict the Fed could start cutting interest rates as early as September, a move that typically benefits gold prices.

Meanwhile, prices of other precious metals were mixed: silver fell 0.5% to $37.20 an ounce, platinum rose 0.6% to $1,314.25, and palladium fell 0.6% to $1,108.25.