In the domestic market, the prices of both SJC-branded gold bars and gold rings remained flat after several days of fluctuation, quoted at 148.4 million VND and 146.1 million VND per tael, respectively.

SJC gold bar prices continued to fall sharply on the late afternoon of October 28. SJC listed gold bars at 143.1–145.1 million VND per tael, down 3.8 million VND on the buying side and 3.3 million VND on the selling side compared to the end of October 27.

Global gold prices rose on October 23 as investors rushed to bottom-fish after the precious metal had dropped by several hundred USD in recent days, trading at 4,123.6 USD per ounce. In the domestic market, SJC gold bars and rings both reversed course, each increasing by around one million VND per tael, and were listed at 149.5 million VND per tael and 148.7 million VND per tael, respectively.

In the domestic market, SJC-branded gold bars followed the global downtrend on October 22, trading at 148.5 million VND per tael, while gold rings were quoted at 146.5 million VND per tael.

Global gold prices on October 21 remained at elevated levels, trading at 4,297.6 USD per ounce. In the domestic market, SJC gold bars and rings surged sharply, quoted at 153.9 million VND per tael and 153.3 million VND per tael, respectively.

Global gold prices dropped sharply on October 18 to 4,246.8 USD per ounce, following a wave of profit-taking by investors and the strengthening of the US dollar. In Viet Nam, both SJC gold bars and rings fell steeply, losing 2 million VND per tael, with prices listed at 151 million VND per tael and 150.2 million VND per tael, respectively.

In Vietnam’s domestic market, SJC-branded gold bars surged sharply to 152.2 million VND per tael, while gold rings nearly caught up, reaching 151.5 million VND per tael.

The export tariff for gold or silver products has been reduced from 1% to 0%, according to a recent Government decree.

Global gold prices soared on October 11 after the US President announced an additional 100% tariff on Chinese goods, with gold trading at 4,016.4 USD per ounce. In the domestic market, SJC gold bars and rings rebounded strongly, quoted at 142.8 million VND per tael and 139.5 million VND per tael, respectively.

Global gold prices on October 8 continued to surge, officially surpassing the 4,000 USD per ounce mark. Following the skyrocketing global trend, domestic gold prices have been rising by the hour. On the afternoon of October 8, SJC gold bars jumped to 142.5 million VND per tael, up 1.9 million VND compared to the previous session’s close. SJC gold rings were sold at 139.5 million VND per tael, an increase of 1.8 million VND from the previous session.

Global gold prices continued to climb to new record highs amid growing geopolitical instability and increased demand for safe-haven assets, trading at 3,959.2 USD per ounce. In the domestic market, SJC gold bars and rings both surged to record levels, quoted respectively at 140.6 million VND per tael and 137.7 million VND per tael.

Global gold prices on the afternoon of October 6 continued to hit fresh highs, soaring past 3,900 USD per ounce. In Viet Nam, SJC gold bars and rings simultaneously reached record peaks, trading at 140.1 million VND per tael and 137 million VND per tael, respectively.

Gold prices on the afternoon of October 3 continued to record a decline in SJC gold. Accordingly, most jewellery companies adjusted SJC gold bar prices down by 200,000 VND per tael in both buying and selling, bringing SJC gold bar prices to around 135.8 million VND per tael (buying) and 137.8 million VND per tael (selling).

In the domestic market, SJC gold bar and ring prices reversed downward on October 2, trading at 138 million VND per tael and 134.2 million VND per tael, respectively.

Global gold prices on September 26 rose slightly to 3,739 USD per ounce. Domestically, SJC gold bars were traded at 134.5 million VND per tael, while SJC gold rings fell to 131 million VND per tael.

Global gold prices dropped sharply amid a wave of profit-taking and a stronger US dollar, trading at 3,742.62 USD/ounce on September 25. In the domestic market, SJC gold bars and rings simultaneously reversed downward, quoted at 134.5 million VND/tael and 131 million VND/tael, respectively.

Branded gold bars reversed course, dropping by 200,000 VND per tael on September 24, with buying prices at 132.8 million VND per tael and selling prices at 134.8 million VND per tael.

Global gold prices on September 23 surged to a record level as investors anticipated further interest rate cuts by the US Federal Reserve, trading at 3,784 USD per ounce. In the domestic market, both SJC gold bars and SJC gold rings rose sharply, quoted at 135 million VND per tael and 131.5 million VND per tael, respectively.

Global gold prices continued their upward momentum on September 16, trading at a record 3,678.9 USD per ounce. In the domestic market, both SJC bars and SJC rings surged, quoted at 132 million VND per tael and 129 million VND per tael, respectively.

World gold prices on September 12 increased to 3,637 USD/ounce as inflation concerns increased. Domestically, SJC gold bars fell for the third consecutive day to trade at 131.9 million VND/tael, SJC gold rings decreased to 128.4 million VND/tael.