As of the last update today, the price of SJC gold bars at various gold shops remains unchanged from the previous day’s closing price. Currently, SJC, PNJ, and DOJI are all holding steady at VND 152.5 – 154.5 million per tael. Bao Tin Minh Chau and Mi Hong are trading at VND 153 – 154.5 million per tael. The price of SJC gold at Bao Tin Manh Hai is currently at VND 153.1 – 154.5 million per tael.
The price of gold rings across most brands remains unchanged from the previous session’s close (December 2). SJC is the exception, dropping by VND 300,000 per tael to VND 150 – 152.5 million per tael. Kim Gia Bao gold rings at Bao Tin Manh Hai and Bao Tin Minh Chau gold rings are trading at VND 151 – 154 million per tael. DOJI and PNJ are buying and selling at VND 150.6 – 153.6 million per tael.
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As of 1:00 PM, the price of gold bars at some brands has decreased by approximately VND 300,000 per tael compared to the latest update, currently matching yesterday’s closing price. Specifically, SJC, PNJ, and DOJI have all reduced their prices to VND 152.5 – 154.5 million per tael. Bao Tin Minh Chau and Mi Hong are trading at VND 153 – 154.5 million per tael and VND 153.2 – 154.5 million per tael, respectively. The price of SJC gold at Bao Tin Manh Hai is currently at VND 153.4 – 154.8 million per tael.
The price of gold rings at Bao Tin Minh Chau has decreased by VND 500,000 per tael compared to this morning, currently listed at VND 151.5 – 154.5 million per tael. Other brands have not adjusted their gold ring prices from yesterday’s close. Kim Gia Bao gold rings at Bao Tin Manh Hai are trading at VND 151.5 – 154.5 million per tael. SJC and DOJI are buying and selling at VND 150.3 – 152.8 million per tael and VND 150.6 – 153.6 million per tael, respectively.
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As of 9:00 AM, gold shops have collectively increased the price of gold bars by VND 200,000 – 500,000 per tael compared to yesterday’s close, currently selling at VND 154.8 million per tael. On the buying side, SJC, DOJI, and PNJ are listed at VND 152.8 million per tael; Bao Tin Minh Chau, Bao Tin Manh Hai, and Mi Hong are trading at VND 153.3 million per tael, VND 153.4 million per tael, and VND 153.5 million per tael, respectively. Phu Quy is buying gold bars at the lowest price, VND 151.8 million per tael.
The price of gold rings at Bao Tin Minh Chau has increased by VND 500,000 per tael after dropping by VND 1 million per tael yesterday, currently listed at VND 151.5 – 154.5 million per tael. Other brands have not adjusted their gold ring prices from yesterday’s close. Kim Gia Bao gold rings at Bao Tin Manh Hai are trading at VND 151.5 – 154.5 million per tael.
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As of early morning, domestic gold prices remain unchanged from yesterday’s close.
For gold bars, SJC, DOJI, and PNJ are all listed at VND 152.5 – 154.5 million per tael; Bao Tin Minh Chau and Mi Hong are trading at VND 153 – 154.5 million per tael. Bao Tin Manh Hai is buying and selling SJC gold bars at VND 153.1 – 154.5 million per tael. Yesterday (December 2), the price of SJC gold at various shops decreased by up to VND 700,000 per tael.
For gold rings, at Bao Tin Manh Hai, Kim Gia Bao gold rings are listed at VND 151 million per tael for buying and VND 154 million per tael for selling. Bao Tin Minh Chau lists gold rings at VND 151 – 154 million per tael, a decrease of VND 1 million per tael from the previous session. SJC has reduced gold ring prices by VND 700,000 per tael, currently at VND 150.3 – 152.8 million per tael.
According to Reuters, gold prices fell more than 1% on Tuesday as investors took profits after prices hit a six-week high in the previous session, while awaiting key U.S. economic data ahead of next week’s Federal Reserve policy meeting.
At the time of reporting, spot gold was trading around $4,209.2 per ounce. Earlier, it dropped to $4,186.89 per ounce. Currently, global gold prices are approximately VND 20 million per tael higher than domestic prices.
“This is likely just profit-taking… In recent times, the market’s primary focus has been on rate cut expectations, which remain fairly stable,” said Peter Grant, vice president and senior metals strategist at Zaner Metals. “We’re still in an accumulation pattern that will ultimately lead to an upside breakout. I still expect gold to reach $5,000 by the start of the new year.”
Recent data showing a cooling U.S. economy, combined with dovish signals from Fed officials, have bolstered market expectations for a 25-basis-point rate cut at next week’s Fed meeting, with traders pricing in an 89% probability.
Investors are also awaiting the ADP employment report for November on Wednesday and the Personal Consumption Expenditures (PCE) price index for September – the Fed’s preferred inflation gauge – due on Friday. Lower interest rates are typically beneficial for gold, a non-yielding asset.
According to the World Gold Council (WGC), central banks purchased 53 tons of gold in October, a 36% increase from the previous month and the largest monthly net demand since the beginning of 2025.
Linh San
End of December 2: Gold Ring Prices at Bao Tin Minh Chau Continue to Decline
Revised Introduction:
Bảo Tín Minh Châu has once again adjusted its pricing, offering reduced rates on exquisite gold rings.
(Note: The revised text adheres to the requested format, style, and language requirements.)
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