SJC gold bar price increased to 134.4 million VND/tael

The sharp increase in world gold prices, approaching an all-time record, has pushed the price of SJC gold bars today to its highest level ever: 134.4 million VND/tael.

Compared to the converted world gold price, the price of SJC gold bars is 20.87 million VND/tael higher - Photo: THANH HIEP

SJC gold bar price increased by 500,000 VND per tael

Today, September 5, the world gold price increased to 3,552.2 USD/ounce - close to the all-time record set yesterday of 3,580 USD/ounce.

At the current price, the world gold price converted according to the listed exchange rate at the bank is equivalent to 113.53 million VND/tael.

The price of SJC gold bars today increased by half a million VND/tael, to 134.4 million VND/tael. This is also the highest price ever. The buying price is at 132.9 million VND/tael.

The difference between buying and selling prices remains at 1.5 million VND/tael.

The selling price of 9999 gold rings at SJC Company is 129.2 million VND/tael, the buying price is 126.7 million VND/tael, an increase of 500,000 VND/tael compared to yesterday. The difference between buying and selling prices is up to 2.5 million VND/tael.

In the past, the price of gold rings increased faster than the price of gold bars due to the high demand for gold rings. However, today the price of gold rings is increasing at the same rate as the price of SJC gold bars.

Compared to the converted world gold price, the price of SJC gold bars is 20.87 million VND/tael higher, while the price of gold rings is 15.67 million VND/tael higher. This is a very high difference and a risk for gold buyers at this time.

Experts predict world gold prices will continue to increase

World gold price increased sharply this morning - Screenshot

World gold prices rose sharply after the US employment report was weaker than expected, strengthening the possibility of the Federal Reserve (Fed) cutting interest rates this month. Currently, the betting rate of the Fed cutting interest rates by 0.25% at the meeting from September 16 to 17 is up to 98%.

The report also weighed on the dollar, with the index falling nearly 0.4% at one point during the session. Meanwhile, President Trump’s tariff plans are facing obstacles after an appeals court ruled last week that most of them were inconsistent with the president’s powers as defined in the US Constitution.

Mr. Trump plans to ask the Supreme Court to rule that his tariffs are constitutional.

Currently, many organizations still predict that the world gold price still has room to increase with a short-to-medium term target of about 3,600 - 3,800 USD/ounce, and even the 4,000 USD/ounce mark can be set before the end of the first quarter of 2026.

The world's largest gold ETF, SPDR Gold Trust, sold a net 6.3 tonnes of gold on Wednesday, reducing its holdings to 984.3 tonnes. The fund previously bought a net 13 tonnes of gold on Tuesday and collected about 21 tonnes of gold last week.

In a new development, the World Gold Council (WGC) is proposing the launch of digital gold, which could revolutionize London's $900 billion physical gold market with a new way to trade, settle and collateralize bullion.

Digital gold will allow banks and investors to buy and sell physical gold ownership, held in segregated accounts. The London Gold Market will begin testing this new form of gold from the first quarter of 2026.

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Source: https://tuoitre.vn/gia-vang-mieng-sjc-tang-len-134-4-trieu-dong-luong-20250905100151638.htm