The selling price of gold on the free market reached 164 million VND/tael.

Brands simultaneously increased the price of gold bars by 1.9 million VND/tael each way, trading at 146-148 million VND/tael.

Similarly, the price of gold rings of various brands also increased. The price of gold rings at a major brand even increased by 5.7 million VND/tael, around 144.2-152.3 million VND/tael (buy-sell).

On the free market, on the afternoon of October 15, some stores even pushed the price of SJC gold bars to 161 million VND for buying and 164 million VND for selling - 16 million VND/tael higher than the listed price at large companies, an unprecedented difference.

Thus, from the beginning of October until now, the price of SJC gold bars has increased by 9.6 million VND/tael and gold rings have increased by 8-17 million VND/tael, depending on the brand. If calculated from the beginning of the year until now, the price of SJC gold bars has increased by 63.6 million VND/tael and gold rings have increased by about 62-67 million VND/tael, depending on the brand.

In the world market, the gold price increased to an all-time high of 4,211 USD/ounce - an increase of 56 USD/ounce compared to yesterday's closing price. Converted according to Vietcombank exchange rate, the world gold price is equivalent to nearly 134 million VND/tael, still 14 million VND/tael lower than SJC gold bars.

Gold prices continued to rise as investors sought safe-haven assets amid concerns over escalating US-China trade tensions and a prolonged US government shutdown.

Stable USD exchange rate

The exchange rate in the domestic market has been stable for many consecutive sessions. The central exchange rate at the State Bank remains unchanged at 25,114 VND/USD. The USD buying and selling prices at some major commercial banks have mostly remained unchanged, currently listed at the same level of 26,369 VND/USD.

Source: https://dantri.com.vn/kinh-doanh/gia-rao-ban-vang-tren-thi-truong-tu-do-cham-164-trieu-dongluong-20251016071619622.htm