The domestic gold market continues to witness significant fluctuations, mirroring the rapid rise in global gold prices. Spot gold on international exchanges has reached a remarkable USD 4,465.34 per ounce, marking a 0.37% increase (over USD 16) from the previous session. This global momentum has propelled prices at leading firms like SJC and Bao Tin Minh Hai upward.
SJC Gold Bars (BTMH Corporation) saw a substantial price hike of VND 1.8 million per tael compared to earlier that morning, with buying rates at VND 156.10 million per tael and selling rates at VND 158.00 million per tael.
Kim Gia Bao 24K Gold (999.9): Maintained at VND 155.00 million per tael for buying and VND 158.00 million per tael for selling.
Thang Long Dragon Gold (Pressed Ingots): Buying rates currently stand at VND 155.00 million per tael, reflecting a staggering VND 3 million increase within just 1.5 hours.
24K Jewelry Gold (999.9): Priced at VND 152.00 million per tael for buying and VND 155.50 million per tael for selling.
Gold prices surge. SJC gold is now just VND 1.8 million per tael away from its historical peak.
At Saigon Jewelry Company (SJC), prices fluctuated rapidly. SJC gold bars were initially quoted at VND 155.40 – 157.40 million per tael, then adjusted to VND 156.00 – 158.00 million per tael within an hour—a VND 600,000 increase in both buying and selling rates.
SJC gold rings rose to VND 151.00 – 154.00 million per tael, climbing VND 1.1 million per tael after over an hour of trading.
The spread between buying and selling prices among domestic firms remains wide (VND 2-3 million per tael), underscoring market volatility. Investors should closely monitor global economic developments to make informed trading decisions as gold prices continue setting new highs.
According to Kitco News, gold prices are expected to closely track oil prices in the near term, influenced by geopolitical factors in early 2026. While minor price corrections may occur in January as commodity indices rebalance, the World Gold Council (WGC) predicts an overall upward trend.
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