Gold price hits new high in Vietnam

Gold price hits new high in Vietnam
Gold price hits new high in Vietnam

Gold price hits new high in Vietnam

SJC gold prices have jumped by 2.6 million dong ($102.5) per tael since the start of 2025.

>> The price of gold is close to the mark of 75 million dong per tael

>> SJC gold price reaches 87 million dong per tael

>> Electronic invoices, a transparent solution for the gold market

>> Gold breaks a new record, above 2,700 USD

During the weekend session, prices were quoted at 84.8 million dong and 86.8 million dong per tael for sale and purchase, compared to the level of 82.2 million dong and 86.8 million dong per tael. 84.2 million dong during the session on 1is January. This level should be maintained throughout this week.

Gold prices in the domestic market have now seen four consecutive sharp rises.
Photo : VNA/CVN

Gold bars reached 86.8 million dong per tael among companies such as Sai Gon Jewelry Company (SJC), Bao Tin Minh Châu Jewelry and Precious Stones Sarl, Doji Group and Sai Gon Joint Stock Company. investment in gold Phu Quy.

Along with this upward trend, the prices of gold rings have increased by around 400,000 to 500,000 dong per tael. Bao Tin Minh Châu listed its Thang Long Dragon gold rings at 85.5 million VND for purchase and 86.9 million VND for sale on January 12. This represents an increase of 400,000 dong per tael for purchase and 500,000 dong per tael for sale compared to the morning of January 11. The purchase-sale price gap is 1.4 million dong per tael.

Gold prices in the domestic market have now seen four consecutive sharp rises, pushing prices of gold bars and jewelry to their highest levels in a month.

Globally, gold ended the week on an upward trajectory, gaining around 2%. The world price of gold reached 2,690 USD per ounce, the equivalent of 84.42 million VND per tael (taxes and fees included).

This represents an increase of 1.46 million dong per tael compared to the previous week. Gold prices rose despite downward pressure from rising US Treasury yields and the continued strengthening of the greenback.

VNA/CVN

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