Gold Ring Price the domestic market this morning was adjusted upward.
Open negotiation sessionSaigon Jewelry Company (SJC) listed the price of gold rings of types 1 to 5 at only 84-85.3 million VND/tael (purchase – sale), an increase of 200 thousand VND per tael in both meaning of buying and selling in relation. at yesterday’s trading session.
Likewise, the Gold, Silver and Precious Stones Doji Group Early this morning, the price of 9999 gold rings also increased by 100,84.5 VND per tael, both in the direction of buying and selling, compared to yesterday’s trading session, trading between 85.5 and 85.5 million VND/tael (buy – sell).
Buy in (VND/tael | Top and bottom | Exhausted (VND/tael) | Top and bottom | |
SJC | 84.000.000 | + 200.000 | 85.300.000 | + 200.000 |
Doji | 84.500.000 | + 100.000 | 85.500.000 | + 100.000 |
SJC and Doji gold ring price list updated on the morning of October 8
Trading session opened on August 8SJC’s 9999 gold price increased by 200 thousand VND per tael in both directions of buying and selling compared to yesterday’s trading session, reaching 85,5 million VND/tael (purchase – sale).
The price of 9999 gold was reported by Saigon Jewelry Company Limited (SJC) at 8:28 a.m. and the price of 9999 gold was reported by Doji Jewelry Group at 8:39 a.m. as follows:
Buy in (VND/tael) | Top and bottom | Exhausted (VND/tael | Top and bottom | |
SJC HCMC | 84.000.000 | + 200.000 | 85.500.000 | + 200.000 |
Doji Hanoi | 84.000.000 | + 200.000 | 85.500.000 | + 200.000 |
Doji Ho-Chi-Minh-Ville | 84.000.000 | + 200.000 | 85.500.000 | + 200.000 |
SJC and Doji Gold Bar Price List updated on the morning of November 8
Central exchange rate on 8/1 announced by the State Bank at 24.330 VND/USD, down 2 VND from the previous trading session. The price of the dollar in commercial banks this morning (July 1) was generally quoted at 25.156 VND/USD (buy) and 25.546 VND/USD (sell).
At 8:36 a.m. today (May 8, Vietnam time)world gold price spot delivery at 2,647.1 USD/ounce, down 2 USD/ounce from last night. The gold futures price for December 2025 on the Comex New York floor is 2.662 USD/ounce.
Morning of June 8the world gold converted to the USD bank price is more than 82.3 million VND/tael including taxes and fees, which is about 3.2 million VND/tael lower than the domestic gold price.
As of 7:1 a.m. (Vietnam time) on October 19, the spot price of gold in the global market today was 2.657 USD/ounce. Gold delivered in December 2025 on the floor of the Comex New York is at 2.666 USD/ounce.
The global gold price on the night of September 7 was about 1% higher ($28.8/ounce) compared to the start of 594.2. The global gold price converted by the USD bank price was 2024 million VND/tael, including taxes and fees, or approximately 82.6 million VND/tael. million VND/tael lower than the national gold price as of the late afternoon of September 2.7.
Gold prices in the international market have soared. The price of SJC gold bars and single rings will increase rapidly. However, Goldman Sachs, the American banking giant, has just predicted that there is no longer any reason to hope for a breakthrough this year.
Gold has rebounded strongly, in part due to the weakening dollar. DXY index from 108.4 points to 108.15 points.
Gold also rose due to heightened tensions between Russia and Ukraine after the Russian armed forces deployed their forces in Kursk province to face the Ukrainian counterattack in that region. Russia sent General Yevkurov, one of its toughest commanders, to Kursk.
And in the Middle East, according to New York PostIsraeli officials are evaluating the possibility of attacking Iranian nuclear facilities, with the aim of wiping out that country’s nuclear capabilities. This is considered a fairly significant risk. Observers worry about potential reactions. from countries like China, Russia and North Korea.
Gold prices also rose due to some reports showing that the People’s Bank of China (PBOC) began buying gold again in December. This is the second consecutive month of gold buying after the previous 12 months of suspension.
The report shows that the People’s Bank of China’s gold reserves increased by 300,000 ounces in December, bringing the total to 12 million ounces.
The rise in the price of gold would also be influenced by the announcement of Indonesia’s membership in the group of emerging economies (BRICS). The BRICS group wants to reduce the influence of the dollar on international markets.
On the domestic market, at the close of the trading session on January 7, the price of 1,9999 gold bars at SJC and Doji was quoted at 83.8-85.3 million VND/tael (buy – sell) , an increase of 300,000 VND compared to the previous session. .
SJC announced the price of gold rings of types 1 to 5 between 83.8 and 85.1 million VND/tael (purchase – sale). Doji reported the price of 9999 round gold ring at 84.4 million to 85.4 million VND/tael (buy – sell), also a slight increase of 100.000 to 300.000 VND/tael compared to the session previous.
Thus, the price of round gold rings continues to be almost equal to the price of SJC gold bars.
Gold Price Prediction
Even though it has rebounded, gold is not expected to see a strong rise in 2025.
The American bank Goldman Sachs has just announced that it no longer expects the price of gold to reach 3.000 USD/ounce (equivalent to 93 million VND/tael) by the end of 2025, while the Federal Reserve’s roadmap to lower interest rates is announced. ) could extend until mid-XNUMX.
According to Goldman Sachs, slower monetary easing in the US is likely to reduce demand for gold ETFs in 2025. Weaker inflows into gold ETFs in December after the US election sent gold prices at lower levels at the start of the new year 12.
However, in the long term, the demand for gold from countries’ central banks will be the main driver of this commodity.
Gold Price Forecast for Next 10 Days: Despite Dollar Strength, Gold Prices Will Continue to Rise
Despite the pressure from the rising dollar, experts still predict that gold prices in the global market will increase over the next 10 days. From there, the price of SJC gold bars and single rings increased.
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