As of the afternoon update on January 13th, the price of gold rings at several brands has been adjusted upward. Notably, Bao Tin Minh Chau increased by 600,000 VND per tael in both buying and selling directions, reaching 158.6 – 161.6 million VND per tael.
DOJI Group listed the price at 157.0 – 160.0 million VND per tael, a 1 million VND increase compared to the previous day.
The price of SJC gold bars in the market remained unchanged, staying at 160.0 – 162.0 million VND per tael. International gold prices are currently below the 4,600 USD/ounce mark.
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Early on the morning of January 13th, the prices of SJC gold and gold rings reached their highest levels ever. Currently, SJC gold bars are widely priced at 160.0 – 162.0 million VND per tael. Meanwhile, gold ring prices vary significantly among brands.
At SJC Company, plain gold rings are priced at 156.5 – 159.0 million VND per tael. In contrast, Bao Tin Minh Chau applies a price range of 158.0 – 161.0 million VND per tael.
In the international market, gold prices surged on the evening of January 12th, reaching a new peak of 4,630 USD/ounce, marking an increase of over 100 USD/ounce. By the morning of January 13th (Vietnam time), gold prices reversed and dropped to 4,592 USD/ounce.
Gold prices are being strongly driven by prolonged geopolitical uncertainties. According to the World Gold Council (WGC), even at 4,600 USD/ounce, the precious metal is not yet considered overbought from a technical perspective, until it surpasses 4,770 USD/ounce.
In the latest Weekly Markets Monitor report, WGC analysts noted that after a challenging start to the year, gold prices have quickly resumed their upward trend.
“Two weeks into 2026, gold appears to have overcome initial hurdles such as tax-loss selling, portfolio rebalancing, and volatility in the precious metals group, setting three new all-time highs,” the report stated. “And as geopolitical shocks, typically short-lived, occur more frequently, they begin to factor into higher risk premiums, benefiting gold.”
WGC added that the Trump administration’s legal action against the Federal Reserve (Fed) further supported the market during Monday’s trading session, pushing spot gold prices to 4,600 USD/ounce. “All these factors reinforce one message: strategic allocation to gold benefits portfolios in an increasingly uncertain world.”
Key economic data for the gold market this week includes the U.S. CPI release for December on Tuesday. This index “may show a temporary uptick, with core CPI likely rising to 0.4% month-over-month (compared to 0.2% previously) – possibly due to data distortions amid previous government shutdowns.”
In Europe, “the UK’s November GDP (released on Thursday) is expected to show slowing growth toward the end of 2025,” the report noted. “Meanwhile, Germany’s full-year 2025 GDP (released on Thursday) may record a slight 0.3% year-over-year increase, following two years of decline.”
Additionally, China’s December gold export data, to be released on Wednesday, “may demonstrate continued resilience as non-U.S. market shipments maintain support, potentially improving the trade balance and bolstering the yuan,” analysts commented.
“Massive Gold Reserves Discovered Scattered in Safes and Under Beds Across Homes”
There are varying estimates, but according to a conservative assessment, the amount of gold held by the public could reach approximately 500 tons. Converted at current prices, this figure is equivalent to about 2,000 trillion VND, or roughly 80 billion USD. If effectively mobilized, this substantial asset could become a significant capital source for investment and economic development.
Silver Surges 13% in 13 Days, Gold Hits $4,600: Is a New Super-Bull Cycle on the Horizon?
Questions surrounding the Federal Reserve’s independence could spark the next $500 surge in gold prices.
Gold Prices Surge as Investors Rush to Safe-Haven Assets
Global gold prices surged to a new record, surpassing $4,600 per ounce during the morning trading session on January 13th. This unprecedented rise comes amid a heightened demand for safe-haven assets, fueled by uncertainties surrounding the U.S. Federal Reserve’s policies and escalating geopolitical tensions worldwide. Silver prices also experienced a significant rally, reaching their highest levels in history.
Gold Prices Surge: SJC Gold and Ring Gold See Significant Increase on January 12th
Today’s surge in gold prices has reached a remarkable high, with an increase of up to 2.2 million VND per tael. SJC gold has soared to 162 million VND per tael, while gold rings in some locations have also surpassed the 161 million VND per tael mark.
Gold Prices Surge by VND 8 Million per Tael in the Past Week: What Key Factors Will Shape the Market Next Week?
Over the past week, domestic gold prices surged dramatically, setting new record highs. Gold bars saw a uniform increase of 7 million VND per tael, while gold rings experienced an even more significant jump, rising by over 8 million VND per tael at select brands.
