Gold Prices on January 8th: Ring Gold and Gold Bars See Simultaneous Decline

As of January 8th’s closing session, domestic gold prices universally declined compared to the previous day’s close.

For gold bars, SJC, PNJ, DOJI, and Bao Tin Minh Chau all set their buying price at 155.2 million VND per tael and selling price at 157.2 million VND per tael, a decrease of 0.9 million VND per tael in both directions. Bao Tin Manh Hai set their gold bar prices at 155.3 – 157.2 million VND per tael, also down 0.9 million VND per tael from the previous day.

Regarding gold rings, SJC closed at 151.9 – 154.4 million VND per tael, a 0.2 million VND per tael decrease. PNJ and DOJI listed at 153 – 156 million VND per tael, down 0.5 million VND per tael. Gold rings at Bao Tin Minh Chau and Bao Tin Manh Hai closed at 154.8 – 157.8 million VND per tael, a 0.7 million VND per tael drop compared to the previous session.

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As of 2 PM on January 8th, compared to the previous session’s close, domestic gold prices universally adjusted downward, with gold bars declining more sharply than gold rings across most enterprises.

For gold bars, SJC, PNJ, DOJI, and Bao Tin Minh Chau all listed their buying price at 155.2 million VND per tael and selling price at 157.2 million VND per tael, a 0.9 million VND per tael decrease in both directions compared to the previous session’s close. Bao Tin Manh Hai also decreased by 0.9 million VND per tael, with a buying-selling range of 155.3 – 157.2 million VND per tael.

For gold rings, SJC adjusted prices down to 151.9 – 154.4 million VND per tael, a 0.2 million VND per tael decrease compared to the previous session’s close and a 0.5 million VND per tael drop from the morning. PNJ and DOJI both listed at 153 – 156 million VND per tael, down 0.5 million VND per tael. Gold rings at Bao Tin Minh Chau and Bao Tin Manh Hai saw a steeper decline, falling to 154.8 – 157.8 million VND per tael, 0.7 million VND per tael lower than the previous session’s close.

In the international market, spot gold prices were recorded at $4,433 per ounce in the early afternoon, a 0.55% decrease from the latest closing level.

Earlier, gold prices fell more than 1% in yesterday’s session as investors took profits following recent price increases.

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As of 8:45 AM on January 8th, domestic gold bar prices remained stable compared to the previous session’s close, while gold ring prices fluctuated differently among brands.

For gold bars, SJC, PNJ, DOJI, and Bao Tin Minh Chau continued to list their buying price at 156.1 million VND per tael and selling price at 158.1 million VND per tael, unchanged from the previous session. Bao Tin Manh Hai maintained their gold bar prices at 156.2 – 158.1 million VND per tael, also unchanged.

For gold rings, SJC adjusted prices upward to 152.4 – 154.9 million VND per tael, a 0.3 million VND per tael increase in both directions compared to the previous session. Conversely, PNJ lowered gold ring prices to 152.5 – 155.5 million VND per tael, a 1 million VND per tael decrease, while DOJI reduced by 0.5 million VND per tael, listing at 153 – 156 million VND per tael. Gold rings at Bao Tin Minh Chau and Bao Tin Manh Hai remained at 155.5 – 158.5 million VND per tael.

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In the international market, spot gold prices were recorded at $4,451 per ounce in the early morning, a 0.1% decrease from the latest closing level.

Earlier, gold prices fell more than 1% in yesterday’s session as investors took profits following recent price increases.

“We view today’s price decline as general profit-taking after the recent price rally,” said David Meger, Director of Metal Trading at High Ridge Futures.

“However, weaker jobs data continues to bolster the argument for the Federal Reserve to ease monetary policy, which will continue to support gold prices,” Meger added.

According to the ADP National Employment Report, private sector employment in the U.S. increased by 41,000 jobs in December, below economists’ forecast of a 47,000 increase.

Additionally, global geopolitical instability persists following Venezuelan President Nicolas Maduro’s arrest over the weekend, with U.S. President Donald Trump announcing plans to refine and sell Venezuelan crude oil, while the White House also confirmed discussions on acquiring Greenland, including potential military intervention.

Gold, a non-yielding safe-haven asset, typically benefits in low-interest-rate environments and during periods of uncertainty.

In other news, the People’s Bank of China extended its gold-buying streak to a 14th consecutive month in December 2025.

In the domestic market, as of the opening session on January 8th, major gold traders had not adjusted their gold prices from the previous day’s close.

For gold bars, SJC, PNJ, DOJI, and Bao Tin Minh Chau all listed their buying price at 156.1 million VND per tael and selling price at 158.1 million VND per tael. Bao Tin Manh Hai listed gold bars at 156.2 – 158.1 million VND per tael.

For gold rings, SJC listed buying-selling prices at 152.1 – 154.6 million VND per tael. PNJ and DOJI both listed gold rings at 153.5 – 156.5 million VND per tael. Gold rings at Bao Tin Minh Chau and Bao Tin Manh Hai continued to be listed at 155.5 – 158.5 million VND per tael.