SJC gold bar price sets new peak: 147.6 million VND/tael

SJC gold bar prices have increased continuously over the past half month - Photo: NP

Half a month, SJC gold bar price increased by 12.6 million VND/tael

Thus, in just the past half month, the price of SJC gold bars has increased by 12.6 million VND/tael following the increase in world gold prices.

This morning, the world gold price increased to 4,183.7 USD/ounce. Converted according to the exchange rate listed at the bank, the world gold price is equivalent to 133 million VND/tael.

Thus, the world gold price has increased for 8 consecutive weeks and shows no sign of stopping, although there have been some warnings that the gold price will have to adjust because technical indicators show that the gold and silver markets are both in an overbought state.

However, many opinions believe that the gold price increase is still strong and will form a new price peak, thanks to expectations that the US Federal Reserve (Fed) will lower interest rates this month and the wave of seeking safe assets after trade tensions between the US and China broke out.

World gold price reversed and increased sharply - Screenshot

According to data from the World Gold Council (WGC), demand for gold investment through ETFs increased by a record 221.7 tons, equivalent to an increase of nearly 26 billion USD in the third quarter of this year.

Investors are now looking to Fed Chairman Jerome Powell for more information on monetary policy. The market is now expecting the Fed to cut interest rates by 0.25% at its meeting this month, and again in December 2025.

SJC gold bar price increases continuously

The price of SJC gold bars increased by 1.2 million VND/tael this morning, selling at 147.3 million VND/tael. Buying price at 145.6 million VND/tael. This is also the highest price ever.

The selling price of 9999 gold rings at SJC Company today increased by 1.1 million VND/tael, to 145.6 million VND/tael. The buying price increased accordingly, to 143.4 million VND/tael.

Compared to the converted world gold price, the price of SJC gold bars is 14.6 million VND/tael higher, and the price of gold rings is 10.4 million VND/tael higher.

Currently, the gold supply on the market is still not abundant and gold holders tend to hoard their goods and not sell them, because the price of gold has been continuously increasing in recent days.

Tuoitre.vn

Source: https://tuoitre.vn/gia-vang-mieng-sjc-xac-lap-dinh-moi-147-6-trieu-dong-luong-20251015093919373.htm