As of 9 a.m., Saigon Gold and Jewelry Company, DOJI Group, and Phu Quy Jewelry adjusted their gold bar prices, quoting VND95.4 million per tael for buying and VND96.9 million per tael for selling. This marks an increase of VND600,000 and VND800,000 per tael, respectively, compared to the previous session. The spread between buying and selling prices remains wide at VND1.5 million per tael.
Meanwhile, Phu Quy Jewelry listed gold rings at VND95.8 million per tael for buying and VND97.4 million per tael for selling, up VND600,000 and VND700,000, respectively. PNJ also raised its gold ring prices, quoting between VND95.5 million and VND97.3 million per tael, reflecting an increase of VND600,000 and VND800,000 per tael.
Experts attribute the domestic gold rally to surging global prices. During this morning’s trading session, gold on the Kitco exchange was priced at US$3,009.9 per ounce, setting a new all-time high. The global uptrend has fueled strong demand in Vietnam, pushing prices to unprecedented levels.
