On the morning of 3 November, domestic SJC gold and gold ring prices both rose by 1.2 million VND per tael. At 9:20 a.m., SJC gold at Doji was quoted at 138.2 million VND per tael to buy and 141.2 million to sell, while Phu Quy listed SJC at 136.7-141.2 million. World gold hovered around $3,946 per ounce, up $34 from the same point in the previous session, which put the gap between SJC and world prices at roughly 17.7 million VND per tael. The State Bank set the central USD/VND rate at 25,630, down 1 dong from the previous session.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Giá vàng trong nước tiếp tục tăng thêm 1,2 triệu đồng mỗi lượng
Read the original on Vietstock ↗
Keywords
goldVietnamexchange ratesXAUUSDState Bank of Vietnam
Open a keyword to see other news on the same topic.
Related tickers and likely impact
XAU/USD
▲ Likely positiveRelevance: medium
| Market | Gold |
|---|---|
| Close on 11/02/2026 | 3,946.68 |
| Change that session | +1.84% |
PAXG/USDT
▲ Likely positivePAX Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.7B |
| Close on 11/02/2026 | 3,952.77 |
| Change that session | +1.07% |
XAUT/USDT
▲ Likely positiveTether Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.1B |
| Close on 11/02/2026 | 3,938.98 |
| Change that session | +1.16% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Gold Prices Continue to Fall
On the morning of 23/10, domestic gold prices kept falling, with SJC bar prices varying by seller and the premium over world gold widening. Công ty TNHH Vàng bạc đá quý Sài Gòn listed SJC bars at VND 139-142 million per tael (buy-sell), down VND 300,000; Phú Quý was at VND 138-141.8 million, down VND 500,000; and Mi Hồng at VND 140-141.5 million, down VND 800,000. Gold rings also fell by varying amounts, with DOJI at VND 138-142 million and Phú Quý at VND 138-141 million per tael. World gold dropped USD 129 to around USD 3,992 per ounce, equal to about VND 125.3 million per tael, leaving SJC bars about VND 16.7 million per tael above the world price. The State Bank's central rate was set at 25,627 VND/USD, down 5 dong, while Vietcombank quoted 25,660-26,040 VND/USD (buy-sell).
- SJC Gold Tops 141 Million VND per Tael
On the morning of 3 November, domestic gold prices rose with global prices: SJC listed gold bars at 138.2–141.2 million VND per tael (buy–sell), up 1.2 million VND from the previous morning, and several other dealers also raised their sell prices to 141.2 million VND. Over the past two days, bar gold rose 2.2 million VND and gold rings rose by a similar amount. Global gold was at USD 3,947 per ounce, up USD 61, roughly equal to 123.6 million VND per tael. The State Bank set the central USD rate at 25,630 VND, down 1 VND; Vietcombank quoted 25,590–25,970 VND per USD (buy–sell), and other banks' sell rates were also below 26,000 VND. The last time banks traded below that level on both buy and sell sides was mid-April 2025.
- Gold Prices Turn Higher
On the morning of 2/11, domestic gold prices rebounded: SJC gold bars were quoted at 137 - 140 million VND per tael (buy - sell), up 1 million VND per tael on both sides from the previous morning. Gold rings rose by a similar amount but were 1.2 - 3.2 million VND per tael cheaper than SJC bars, depending on the brand. World gold was quoted at 3,909 USD per ounce, about 122.4 million VND per tael, leaving SJC bars roughly 17.6 million VND per tael above the global price. In Kitco News' weekly survey, 10 of 16 analysts (63%) expected prices to keep falling after gold lost the 3,900 USD level, while 53% of 184 individual investors expected a rise. The State Bank's central USD rate was 25,631 VND/USD, down 6 dong.
- Domestic Gold Prices Fall Across the Board as SJC Drops to 141.4 Million VND per Lượng
Domestic gold prices fell across the board on the morning of Oct 30, tracking lower global prices. SJC gold at major firms dropped 1.3 million VND per lượng from the previous close, to 141.4 million VND on the sell side and 138.4 million VND on the buy side at Doji. Gold rings at Phú Quý and Bảo Tín Minh Châu fell 800,000 to 1 million VND per lượng, while buy-sell spreads stayed at 3-4 million VND per lượng. Global gold was near 4,012 USD per ounce, down about 45 USD from the previous day, equal to roughly 125.7 million VND per lượng at the Vietcombank exchange rate, leaving SJC gold about 15.7 million VND per lượng above the converted world price. The State Bank set the central USD/VND rate at 25,637, down 7 dong from the previous day, while commercial bank rates moved differently.
- Domestic gold prices rise across the board, SJC climbs to VND 143 million per lượng
On the morning of 28 October, domestic gold prices rose across the board in step with world prices. Sai Gon Jewelry Company and Doji quoted SJC gold at VND 140 million per lượng to buy and VND 143 million to sell, up VND 1 million from the previous session, while Phu Quy listed SJC at VND 138.5–143 million, up VND 1 million on the buy side and VND 1.3 million on the sell side. World gold traded around USD 4,047 per ounce, equivalent to about VND 126.8 million per lượng at the Vietcombank exchange rate, leaving a gap of roughly VND 16.2 million with SJC gold. The State Bank's central rate stood at 25,631 VND/USD, down 2 dong from the previous day.
- Domestic gold prices continue downtrend, trading at VND 142.3 million per tael
On the morning of October 21, domestic gold prices opened down VND 300,000–500,000 per tael. At 9:20 a.m., SJC gold at major dealers such as Sài Gòn and Doji was quoted at VND 139.3 million to buy and VND 142.3 million to sell. Phú Quý's SJC gold traded at VND 138.7–142.3 million, down VND 300,000, while gold rings at Phú Quý and Bảo Tín Minh Châu fell VND 300,000 and VND 500,000 respectively. Global gold hovered near USD 4,117 per ounce, down USD 20, equivalent to about VND 129.4 million per tael and leaving a gap of nearly VND 13 million with SJC prices. The State Bank's central USD rate fell VND 5 to VND 25,634, while Vietcombank quoted VND 25,660–26,070.
Related markets
Latest news
- Stock Market: Will S&P 500 Open Up or Down Today?
U.S. stock futures were slightly lower early Tuesday as Americans headed to the polls for the midterm elections. Meanwhile, Wall Street was weighing mixed signals about a potential ceasefire in the U.S.-Iran conflict.
- Gold and silver prices on Nov 3 keep surging: Doji, Phu Quy, SJC, BTMH all "win back what they had lost"
SJC gold bars at major dealers were raised by 1.2 million VND per tael on both buy and sell sides, with sell quotes reaching 141.2 million VND per tael. Brands including PNJ, Bao Tin Minh Chau, Bao Tin Manh Hai and Phu Quy also recorded increases of 400,000 to 1.5 million VND per tael on plain gold rings and 999.9 jewelry. World gold traded near 3,944.78 USD per ounce after rebounding from around 3,870 USD in earlier sessions. Among silver products, DOJI's 99.9 silver of one tael was offered for sale at 1.86 million VND per tael.
- Could the ECB need to raise interest rates more than markets expect?
On 2 November, Slovak central bank governor Peter Kazimir, a member of the ECB Governing Council, warned that the ECB will need to keep raising rates to curb persistent high inflation, and that markets may be underestimating the tightening required. Markets expect about 2-3 hikes over the next 12 months, which he said may not be enough. After the 29 October meeting, the ECB held its deposit rate at 2.50%, main refinancing rate at 2.65% and marginal lending rate at 2.90%. S&P Global's October eurozone manufacturing PMI came in at 52.7, still signaling expansion, while input costs rose at the fastest pace in five months, adding pressure for further hikes.
- Bill Ackman's Pershing Square Says Wall Street Is 'Penalizing Hyperscalers' For Build-Out Costs, Ignoring Growth Potential
Pershing Square argues Wall Street is underestimating the long-term payoff from heavy AI infrastructure spending by large tech companies, focusing instead on rising build-out costs. In its third-quarter letter, the firm noted the S&P 500 rose just over 2% in Q3 while the typical constituent fell 4%, with more than 60% of companies ending lower. Microsoft, Meta, Amazon and Alphabet delivered an average share gain of just 8% despite about 27% earnings growth. The four could spend a combined $740 billion in 2026, up from $140 billion in 2023, and analysts expect over $1 trillion in 2027. Pershing Square calls this spending offensive, arguing analysts are treating it as a cost rather than a driver of future revenue.
- Bank exchange rates slide
Banks have cut their USD buying and selling rates for eight straight days, lowering them by nearly 100 dong in total, to 25,560–25,970 dong, the lowest in about a year and a half. Some banks also lowered their selling rate to 25,940 dong, while the State Bank's central reference rate of 25,630 dong fell for a fourth consecutive session. On the free market, rates edged up to around 26,000–26,200 dong as year-end remittance inflows rose. Analysts cite a trade surplus, record FDI and strong GDP growth as support for the dong, but pressure remains as the USD is expected to strengthen in the final months of the year on high oil prices and expectations the Fed will keep rates high. UOB forecasts the year-end rate at 26,300 dong, while MB Securities projects 26,800–27,000 dong.
- Defying US blockade, 9 Iranian oil and gas tankers enter Southeast Asian waters before heading straight to neighboring Vietnam
Fox News, citing the advocacy group UANI, reported that at least 9 Iranian oil or LPG tankers have slipped past the US naval blockade reimposed in July 2026. One example is the tanker SOGL, which left Asaluyeh in late August 2026 carrying about 500,000 barrels of LPG, refuelled near Malaysia and delivered its cargo to Qinzhou in China. According to UANI, smaller tankers in the shadow fleet switch off tracking systems, sail under false flags or transfer oil between ships at sea to avoid detection. Fox News also reported that China is the destination for nearly all of Iran's oil and LPG exports, with Malaysian sea lanes playing a key role.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.