Gold price this afternoon August 20, 2025: Domestic and world gold prices both dropped to the lowest in the past 2 weeks

Domestic gold price this afternoon August 20, 2025

As of 5:00 p.m. this afternoon, August 20, 2025, the domestic gold bar price has dropped to its lowest level in the past 2 weeks. Specifically:

DOJI Group listed the price of SJC gold bars at 123.8-124.8 million VND/tael (buy - sell), a slight decrease of 200 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 123.8-124.8 million VND/tael (buy - sell), a decrease of 200 thousand VND/tael in both buying and selling directions compared to the closing price on August 19 yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 124.3-124.8 million VND/tael for buying and selling. Compared to yesterday, the gold price decreased by 200 thousand VND/tael for both buying and selling.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 123.8-124.8 million VND/tael (buy - sell), a decrease of 200 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 122.8-124.8 million VND/tael (buy - sell), gold price decreased 200 thousand VND/tael in both buying and selling directions compared to yesterday.

As of 5:00 p.m. on August 20, 2025, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 117-120.2 million VND/tael (buy - sell); the price remained unchanged at the buying price - increased by 200,000 VND/tael at the selling price compared to yesterday.

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

The latest gold price list this afternoon, August 20, 2025 is as follows:

World gold price this afternoon August 20, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 5:00 p.m. on August 20, Vietnam time, was 3,325.68 USD/ounce. This afternoon's gold price decreased by 10.7 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,520 VND/USD), the world gold price is about 106.36 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 18.44 million VND/tael higher than the international gold price.

Gold prices fell slightly to near a three-week low as investors await minutes from the US Federal Reserve's July meeting and the annual meeting of central banks in Jackson Hole, Wyoming later this week. These events are expected to provide clues on the path of interest rate cuts in the coming time, a factor that has a big impact on the gold market.

Specifically, spot gold price decreased by 0.32%, while gold futures price for December delivery on the US floor increased by 0.32% to 3,368.85 USD.

The US dollar rose to its highest in more than a week early in the session, making gold more expensive for investors using other currencies.

Spot gold is likely to continue to trade in a narrow range until the Fed officially begins its rate-cutting cycle, said Han Tan, chief market analyst at trading platform Nemo.Money. He also said the strengthening of the dollar this month is making it difficult for gold to rally significantly.

Minutes from the Fed’s July meeting, due later today, are expected to shed more light on the central bank’s outlook for the economy. Markets will be looking for clues about dissenting voices from the last Federal Open Market Committee (FOMC) meeting, Tan added.

He said gold could even edge higher ahead of Jackson Hole if the minutes show more dissent than expected. Fed Chairman Jerome Powell is scheduled to speak at Jackson Hole on Friday.

On the geopolitical front, US President Donald Trump on Tuesday ruled out sending troops to Ukraine but suggested that air support could be part of a deal to end the war there. Ukrainian President Volodymyr Zelenskiy hailed the White House talks as a major step toward ending the conflict and set up a trilateral meeting with Russian President Vladimir Putin and Mr Trump.

Besides gold, spot silver fell 1% to $36.98 an ounce, platinum rose 0.4% to $1,311.05 an ounce, while palladium fell 0.8% to $1,105.98 an ounce.