On August 23, the gold market in Vietnam closed with a remarkable increase in prices, benefiting investors. The latest updates show that the price of gold bars reached 147.6 million VND per tael at several major gold brands, reflecting a significant rise of 3.6 million VND compared to the previous week's closing.

In Hanoi and Da Nang, the SJC gold price was quoted at 144.6 million VND for buying and 147.6 million VND for selling. Similarly, in Ho Chi Minh City, the SJC gold price remained consistent with these figures. Other brands, such as Doji and PNJ, reported similar increases, marking a robust week for gold trading.

The gold ring prices also saw substantial gains, with the 9999 gold ring from Doji listed at 145.5 - 149.5 million VND, an increase of 5 million VND. The Saigon Jewelry Company (SJC) reported its gold ring price at 144.1 - 147.1 million VND, up by 3.6 million VND.

On the global stage, gold prices surged to 4,604 USD per ounce, marking a rise of 228 USD from the previous week's close. The October 2026 futures contract on the Comex exchange was priced at 4,656 USD per ounce. This week’s trading saw gold prices surpass the 4,600 USD mark, indicating a strong upward trend.

Market sentiment regarding gold prices has improved significantly, with a recent survey indicating that 73% of Wall Street experts expect further increases in gold prices in the upcoming week. Meanwhile, among individual investors, optimism is also rising, with 78% anticipating a continued upward trend.

As of August 23, the gap between domestic and global gold prices stood at approximately 1.5 million VND per tael, with the global price equivalent to about 146.1 million VND when converted at the current exchange rate. Updates on gold prices for August 24 will be provided promptly to readers.