As of the end of November 3rd, gold bar prices continued to rise by 400,000 VND per tael in both buying and selling directions compared to the latest update, uniformly selling at 149 million VND per tael. The buying price of gold bars at SJC, PNJ, and DOJI is currently 147 million VND per tael; Bao Tin Minh Chau and Mi Hong are at 147.5 million VND per tael. Thus, today, gold bar prices at various gold shops have increased by 600,000 VND per tael compared to last week’s closing price.
Gold ring prices at SJC, DOJI, and Phu Quy today increased by 200,000 – 600,000 VND per tael in both buying and selling compared to last week, currently trading at 143.9 – 146.4 million VND per tael; 145.5 – 148.5 million VND per tael; and 145 – 148 million VND per tael, respectively. Notably, Bao Tin Minh Chau briefly raised the selling price of gold rings to 150 million VND per tael, then slightly reduced it, currently 300,000 VND higher than the end of the week, trading at 146.5 – 149.5 million VND per tael.
Updated at 2:00 PM, gold bar prices across brands slightly increased by 200,000 VND per tael compared to last week’s closing price. Currently, SJC, DOJI, and PNJ are all listed at 146.6 – 148.6 million VND per tael. Bao Tin Minh Chau and Phu Quy are trading at 147.1 – 148.6 million VND per tael and 145.6 – 148.6 million VND per tael, respectively.
Gold ring prices on the afternoon of November 3rd at SJC increased by 300,000 VND per tael compared to the 8:30 AM update, currently matching last week’s closing price at 143.6 – 146.1 million VND per tael. Bao Tin Minh Chau raised gold ring prices by an additional 400,000 VND compared to the end of the week, now at 146.6 – 149.6 million VND per tael, though buyers still recorded a loss of approximately 6.4 million VND after one week. PNJ and DOJI have not adjusted gold ring prices since the last update.
Updated at 8:30 AM, SJC gold bar prices at many gold shops collectively decreased by 300,000 VND per tael compared to last week’s closing price. Currently, SJC, DOJI, and PNJ are listed at 146.4 – 148.4 million VND per tael (buying – selling). Bao Tin Minh Chau, Phu Quy, and Mi Hong are trading at 146.6 – 148.1 million VND per tael; 145.6 – 148.1 million VND per tael; and 146.8 – 148.1 million VND per tael, respectively.
Brands also adjusted gold ring prices downward by 300,000 VND per tael. Currently, SJC is listed at 143.3 – 145.8 million VND per tael; PNJ and DOJI are both trading at 145 – 148 million VND per tael. Bao Tin Minh Chau only slightly reduced prices by 100,000 VND per tael in both buying and selling, down to 146.1 – 149.1 million VND per tael.
Domestic gold prices surged at the beginning of the week, then continuously adjusted downward. By the end of the week, gold bar prices at SJC and PNJ were 800,000 VND per tael lower than the previous week’s closing price. SJC’s buying price at Bao Tin Minh Chau and DOJI dropped significantly by 1.1 – 1.3 million VND per tael.
Currently, SJC, DOJI, and PNJ are all listing gold bar prices at 146.4 – 148.4 million VND per tael. Phu Quy is trading at 145.9 – 149.4 million VND per tael. Bao Tin Minh Chau lists gold bar prices at 146.9 – 148.4 million VND per tael.
Over the past week, Bao Tin Minh Chau’s gold ring prices saw the sharpest decline, adjusting down by 3.8 million VND per tael in both buying and selling compared to the previous week. SJC also lowered gold ring prices by 2.5 million VND per tael. SJC, PNJ, and DOJI reduced gold ring buying prices by 0.8 – 1.2 million VND per tael and selling prices by 0.8 – 0.9 million VND per tael.
Gold rings at SJC are currently trading at 143.6 – 146.1 million VND per tael. DOJI and PNJ list gold ring prices at 145.3 – 148.3 million VND per tael. Phu Quy buys and sells at 145.4 – 148.4 million VND per tael. Bao Tin Minh Chau maintains prices at 146.2 – 149.2 million VND per tael.
The downward trend in gold prices last week, coupled with widened buying-selling spreads, resulted in significant losses for domestic investors, ranging from 3.8 – 6.8 million VND per tael for gold rings and 2.3 – 2.8 million VND per tael for gold bars.
Global gold prices today slightly decreased compared to last week’s closing session, currently trading around $3,962.7 per ounce (equivalent to approximately 126 million VND per tael based on Vietcombank’s exchange rate, excluding taxes and fees), a difference of about 19 million VND compared to domestic gold prices.
According to Reuters, long-term optimism remains unwavering. Despite recent gold price volatility, analysts assert that the market is strongly supported by global geopolitical tensions and expectations that the U.S. Federal Reserve (Fed) will ease monetary policy, weakening the USD.
Major financial institutions like HSBC, Bank of America, and Société Générale share similar views, predicting gold prices will reach $5,000 per ounce by 2026. UK-based research firm Metals Focus even forecasts gold hitting $5,000 and silver reaching $60 as early as next year.
However, not all organizations are optimistic. The World Bank predicts gold prices will only rise by about 5% next year, while Natixis expects average prices in 2026 to hover around $3,800 per ounce.
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Gold Ring Prices Plummet by 3.8 Million VND per Tael in the Past Week, as of November 2nd
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Gold Bar Prices Plummet on November 1st Evening
Compared to its historic peak of 177 million VND per tael in mid-October 2025, the price of SJC gold bars in the free market has plummeted by over 20 million VND per tael.
Vietnamese Enterprise Skyrockets to 1.4 Trillion VND Profit in 9 Months, Selling Hundreds of Tons of Gold and Silver Amid Surging Prices and Output
In the first nine months of 2025, Vimico achieved a remarkable net revenue of 10,851 billion VND, marking a 13% increase compared to the same period last year. The company’s post-tax profit surged by an impressive 73%, reaching 1,367 billion VND during this period.
Who Holds the Largest Gold Reserves on Earth? It’s Not the U.S. or China
Gold prices have soared to unprecedented heights, with two unexpected nations emerging as the dominant holders of vast gold reserves valued at over $1.6 trillion.
