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.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Giá vàng bạc 3/11 tiếp tục tăng mạnh: Doji, Phú Quý, SJC, BTMH đồng loạt "lấy lại những gì đã mất"
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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% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Gold bar prices rise by more than 1 million VND
Domestic SJC gold bars were quoted at 138.2-141.2 million VND per tael on the morning of 3 November, up 1.2 million from the previous session and 2.2 million over two days. SJC gold rings rose 1.2 million to 134-138 million VND per tael, while PNJ and DOJI traded around 135.5-139.5 million. World spot gold closed 2 November up $71 at $3,945 per ounce, roughly equal to 126.5 million VND per tael, which narrowed the domestic gap to about 15 million VND per tael from 16-18 million a week earlier. The article linked the rebound to an 8% drop in crude oil early in the week, which eased inflation concerns, while investors awaited this week's US midterm elections. Silver bars fell 1.6% domestically, and the USD was about 1.5% lower at banks than at the start of the year.
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- Gold and silver prices today, November 2: Phu Quy, SJC, Bao Tin Manh Hai all update new prices
Domestic gold and silver prices edged up on the morning of November 2, 2026, after a steep decline at the end of October. SJC gold bars at Phu Quy, SJC and Bao Tin Manh Hai were quoted at 135.5–137 million VND per tael to buy and 140 million VND to sell, with Bao Tin Manh Hai's SJC price up 0.1 million VND from the previous session. The SJC sell price is still 4.8 million VND below the October peak of 144.8 million VND. Internationally, spot gold rose to 3,907.35 USD per ounce, and the article cites safe-haven demand and bottom-fishing buying as support near 3,900 USD per ounce. Phu Quy 999 silver bars (1 tael) were quoted at 1.587 million VND to buy and 1.636 million VND to sell.
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On the morning of November 2, SJC and several major brands listed gold bars at VND 137–140 million per tael, up VND 1 million after a sharp drop at the end of last week, though still about VND 17.5 million above the world price. International precious metals rose US$35 to US$3,910 an ounce after falling as much as US$200 the previous week. Commerzbank analysts said the late-week sell-off came as traders sold safe-haven assets to meet margin calls when tech shares slumped, and they expect precious metals to recover. A Reuters poll of 30 analysts and traders cut the median gold forecast for this year to US$4,495 an ounce from US$4,509 three months earlier, the second straight quarter of downgrades. Domestic silver prices fell further, with Phú Quý listing silver at VND 1.59–1.64 million, about VND 42–44 million per kg, down 10% over the past week.
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Most Wall Street experts expect gold prices to keep falling this week after the late-October sell-off, as gold closed the month at USD 3,874 an ounce, a one-year low and about 30% below its January peak of USD 5,595. Domestic gold bars dropped more than 2 million VND to 139 million VND per tael on October 30, 27% below the near-191 million VND peak earlier this year. Concerns that the Fed will keep rates high for longer, along with margin calls after tech stocks sold off, forced investors to sell gold and silver. Of 16 experts in Kitco News' weekly survey, 10 (63%) forecast further declines; Alex Kuptsikevich of FxPro sees gold reaching USD 3,300 in the coming months, while Daniel Pavilonis of StoneX Group flagged a possible drop to USD 3,000. Silver also fell nearly 6% to USD 49 an ounce, its first break below USD 50 in 11 months.
- Gold Bar Prices Fall by More Than 2 Million VND
Following the drop in world gold prices, domestic brands cut bar gold prices by 2.4 million VND to 139 million VND per tael, with SJC quoting 136–139 million. Gold bars are down more than 27% from a peak near 191 million VND set earlier this year, and the last time they fell below 140 million was July 24. Spot gold fell $146 to $3,874 per ounce on October 30, its lowest since October 2025; converted, that is about 121 million VND per tael, while domestic bars trade roughly 18 million VND higher. The sell-off followed a US tech stock rout over concerns that AI spending may not deliver adequate returns; Commerzbank analysts said traders sold gold and other safe-haven assets to meet margin calls and expect metals to recover later. Domestic silver bars fell 2.5% to 1.60–1.65 million VND per tael.
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