As of 3:30 PM on January 7th, the price of gold bars decreased by 500,000 VND per tael compared to the morning but remained higher than the previous session, while gold rings showed mixed trends among brands.
For gold bars, SJC, PNJ, DOJI, and Bao Tin Minh Chau all listed a buying price of 156.1 million VND per tael and a selling price of 158.1 million VND per tael. Compared to the morning survey, the price of gold bars dropped by approximately 0.5 million VND per tael in both directions; however, it was still 0.1 million VND per tael higher than the previous session’s close. Bao Tin Manh Hai listed gold bars at 156.2 – 158.1 million VND per tael, also down from the morning but 0.1 million VND per tael higher than the prior session.
For gold rings, SJC adjusted its price to 152.1 – 154.6 million VND per tael, an increase of 0.5 million VND per tael on the buying side compared to the morning survey. PNJ and DOJI maintained their prices at 153.5 – 156.5 million VND per tael from the morning, respectively 1.5 million VND per tael and 1 million VND per tael higher than the previous session. Meanwhile, gold rings at Bao Tin Minh Chau and Bao Tin Manh Hai slightly decreased from the morning survey to 155.5 – 158.5 million VND per tael, equivalent to the previous day’s close.
In the international market, the spot gold price was recorded at 4,464 USD/ounce at 4:20 PM, down 0.67% from the latest close. Earlier, gold prices had risen more than 1% on Tuesday and 2.7% on Monday.
—————————————————————-
As of 9:45 AM on January 7th, compared to the previous session’s close, gold bar prices rose uniformly by 0.6 million VND per tael, while gold ring prices increased within a range of 0.3 – 1.5 million VND per tael depending on the brand.
For gold bars, SJC, PNJ, DOJI, and Bao Tin Minh Chau all listed a buying price of 156.6 million VND per tael and a selling price of 158.6 million VND per tael, up 0.6 million VND per tael in both directions. Bao Tin Manh Hai listed gold bars at 156.7 – 158.6 million VND per tael, also up 0.6 million VND per tael from the previous close.
For gold rings, SJC adjusted its price to 151.6 – 154.6 million VND per tael, an increase of 0.6 million VND per tael compared to the prior session. PNJ raised its gold ring price to 153.5 – 156.5 million VND per tael, a strong increase of 1.5 million VND per tael in both trading directions; meanwhile, DOJI listed at 153.5 – 156.5 million VND per tael, 1 million VND per tael higher than the previous day’s close.
Gold rings at Bao Tin Minh Chau increased slightly to 155.8 – 158.8 million VND per tael, up 0.3 million VND per tael; while Bao Tin Manh Hai offered at 156.1 – 159.1 million VND per tael, up 0.6 million VND per tael.
————————————————————
At the opening of the January 7th trading session, domestic gold prices opened sideways compared to the previous session’s close.
For gold bars, SJC, PNJ, DOJI, and Bao Tin Minh Chau all listed a buying price of 156 million VND per tael and a selling price of 158 million VND per tael. Bao Tin Manh Hai listed gold bars at 156.1 – 158 million VND per tael.
For gold rings, SJC listed at 151 – 154 million VND per tael. PNJ and DOJI listed at 152 – 155 million VND per tael and 152.5 – 155.5 million VND per tael, respectively. Gold rings at Bao Tin Minh Chau and Bao Tin Manh Hai were both listed at 155.5 – 158.5 million VND per tael.
Since the beginning of 2026, domestic gold bar prices have increased by over 5 million VND per tael, while gold ring prices have risen by 2 – 5 million VND per tael depending on the brand.
In the international market, the global gold price was recorded at 4,490 USD/ounce early in the morning, sideways compared to the latest close, moving closer to the record high of 4,549.71 USD reached on December 24, 2025.
Gold prices continued to rise more than 1% on Tuesday, after a 2.7% increase on Monday, driven by safe-haven demand following the U.S. arrest of Venezuela’s president, which heightened global tensions. Investors are awaiting U.S. employment data for further insights into the Fed’s interest rate policy.
Traders are predicting the Federal Reserve will cut interest rates twice this year.
Meanwhile, Richmond Fed President Tom Barkin stated that future interest rate changes need to be “finely tuned” to balance both unemployment and inflation risks.
Gold, a non-yielding asset, typically benefits from a low-interest-rate environment.
Morgan Stanley forecasts that gold prices could surge to 4,800 USD in Q4 of this year, citing reasons such as lower interest rates, changes in Fed leadership, and strong buying from central banks and investment funds.
Does Taxing Gold Bullion Transactions Impact Gold Prices?
According to experts, the implementation of a 0.1% transaction tax on individual gold bullion is considered minimal and unlikely to significantly impact gold prices.
Gold Prices Surge by VND 3 Million per Tael in Just 1.5 Hours
Gold prices have surged significantly on the buying side, marking a notable upward trend in the market.
Gold Ring and Bullion Prices Surge on January 5th
Global gold prices surged in the new trading week as geopolitical tensions and expectations of a Fed rate cut kept demand for the precious metal robust. Domestically, gold prices also rallied, with both gold bars and gold jewelry seeing significant increases.
A New Breeze Sweeps Through Ho Chi Minh City’s Gold Market
A renowned, long-standing gold brand from the North has entered the Ho Chi Minh City market, bolstering supply amidst soaring gold prices.
Gold Price on January 8th: Reverses Course, Drops Nearly 1 Million VND per Tael
Domestic gold prices reversed their trend, declining in the trading session on January 8th. Gold bars retreated by nearly 1 million VND per tael, while gold rings saw a decrease ranging from 0.2 to 0.7 million VND per tael, depending on the brand.
