People look at prices and designs at a PNJ store in the city.

Set new high

In the trading session on September 3, the price of SJC gold bars in most brands was adjusted up by VND2.8 million/tael in both buying and selling directions. In particular, Saigon Jewelry Company (SJC) listed gold bars at VND131.9 million/tael for buying and VND133.4 million/tael for selling. Brands such as DOJI and PNJ also listed equivalent prices.

9999 gold rings are also not out of the price increase trend. During the day, 9999 gold rings at SJC were sold at 128 million VND/tael, bought at 125.5 million VND/tael, an increase of 3 million VND/tael compared to before the holiday. The difference between buying and selling prices was up to 2.5 million VND/tael. Tin Thanh Duy Mong and Kim Tin Duy Mong stores listed gold ring prices at 116.7 million VND/tael for selling and 114.8 million VND/tael for buying. Rong Vang store listed the buying price at 115.5 million VND/tael and the selling price at 117.5 million VND/tael.

All stores recommend that buyers should come directly to the counter or contact the store to receive an accurate quote because gold prices are currently updated and adjusted continuously.

Along with the increase in domestic gold prices, world gold prices also recorded a new peak. Currently, the world gold price is being traded at 3,540.6 USD/ounce. If converting the world gold price according to the foreign exchange rate at Vietcombank , the world gold price is being traded at 114.9 million VND/tael. Compared to the world gold price, the price of SJC gold bars is 18.5 million VND/tael higher while the price of gold rings is 13.1 million VND/tael higher. This is considered a fairly high difference and quite risky for gold buyers at the present time.

Thus, compared to the gold price at the same time last week, August 27, each SJC tael increased by VND5.4 million; gold rings increased by VND6.4 million/tael. Compared to the beginning of 2025, January 1, 2025, SJC gold bars increased by VND49.2 million/tael; 9999 gold rings also increased by VND43.8 million/tael. If investors buy gold from the beginning of the year and resell it at the present time, minus the difference between buying and selling at about VND1.5 million/tael, investors are making a profit of about VND47.7 million/tael with SJC gold, similar to about VND42.3 million/tael with gold rings.

Strengthening gold management

Unlike the bustling market in other localities, although the gold price has increased, the purchasing and selling power in Hue has not changed dramatically. The owner of a gold shop at Dong Ba market said that the purchasing power at the shops has not increased in recent days, the amount of buying and selling is quite even.

Similarly, the leader of DOJI Hue also said that the purchasing power was sometimes higher than the selling power of the market but still not significant. The store is still ensuring the supply of gold for the market.

Ms. Dinh Thi Lan Anh, Thuan Hoa Ward shared: “If you only consider gold as a savings channel, the increase in gold price will not cause much pressure. Instead of buying 5 to 1 tael every month to save, now you can buy in smaller quantities or save for a few months and then buy. Gold shops also understand the market very well when they produce many products with small weights of 1, 2 or 3 taels, so saving with gold is not too difficult.”

DOJI store staff introduce products to customers

According to information from the State Bank, the Government has just issued Decree No. 232/2025/ND-CP dated August 26, 2025, amending and supplementing a number of articles of Decree No. 24/2012/ND-CP dated April 3, 2012 of the Government on the management of gold trading activities. Accordingly, from October 10, 2025, the regulation on eliminating the monopoly on gold bars will take effect. The Government will eliminate the mechanism of the State monopoly on the production of gold bars, the export of raw gold and the import of raw gold to produce gold bars. At the same time, customers must pay by bank transfer when buying and selling gold worth VND 20 million or more per day/customer. The sale of raw gold purchased from enterprises and commercial banks must create and use electronic invoices according to regulations; accurately store data on raw gold sales transactions; connect to provide information to the State Bank according to regulations.

The State Bank of Region 9 also sent a document to enterprises and branches of credit institutions licensed to trade in gold bars in the area, requesting them to fully perform their responsibilities according to regulations on the management of gold trading activities, especially complying with the provisions of law on accounting regime, making and using invoices and documents. Publicly posting at the transaction location the purchase and sale prices of gold bars; complying with the law on anti-money laundering and anti-terrorism financing. At the same time, strictly comply with the reporting regime in accordance with regulations, ensuring that the data and information reported fully, promptly and accurately reflect the situation of the unit's gold bar buying and selling activities.

Hoang Anh

Source: https://huengaynay.vn/kinh-te/thong-tin-thi-truong/gia-vang-lien-tuc-lap-dinh-157395.html