Gold price update at the closing session on January 12: Up 2.2 million VND/tael

SJC gold bar price

As of 7:10 PM, SJC gold bar prices were listed by DOJI Group at the threshold of 160-162 million VND/tael (buying - selling), an increase of 2.2 million VND/tael in both directions. The difference between buying and selling prices is at the threshold of 2 million VND/tael.

SJC gold bar price was listed by Bao Tin Minh Chau at the threshold of 160-162 million VND/tael (buying - selling), an increase of 2.2 million VND/tael in both directions. The difference between buying and selling prices is at the threshold of 2 million VND/tael.

Phu Quy Gold, Silver and Gemstone Group listed SJC gold bar prices at the threshold of 159.5-162 million VND/tael (buying - selling), an increase of 2.2 million VND/tael in both directions. The difference between buying and selling prices is at the threshold of 2.5 million VND/tael.

9999 gold ring price

As of 7:10 PM, DOJI Group listed the price of plain gold rings at 156-159 million VND/tael (buying - selling), an increase of 1.5 million VND/tael in both directions. The buying - selling difference is at 3 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 158-161 million VND/tael (buying - selling), an increase of 1.5 million VND/tael in both directions. The buying - selling difference is at 3 million VND/tael.

Phu Quy Gold, Silver and Gemstone Group listed the price of gold rings at 157-160 million VND/tael (buying - selling), an increase of 2 million VND/tael in both directions. The buying - selling difference is at 3 million VND/tael.

The high buying - selling gap increases the risk for individual investors. Individual investors, especially those with a "surfing" mentality, need to consider carefully before spending money.

World gold price

World gold prices listed at 7:11 PM were at 4,580.2 USD/ounce, up 71.4 USD compared to the previous day.

Gold price forecast

After increasing by about 65% in 2025 - the strongest climb in nearly 50 years - the gold market is entering 2026 with a special state: record high prices but investor sentiment has not cooled down. The unstable global context, from geopolitical tensions to public debt burdens in major economies, continues to make gold a priority shelter.

Many asset management organizations believe that the market is facing a "repeated version of history", but in a more cautious way. Instead of a boom like 2025, the scenario mentioned more often is a prolonged accumulation period in high-price zones, with intertwined corrections.

Mr. Ian Sampson - portfolio manager at Fidelity International, said that the core drivers of gold are still not weakening. “The net buying demand of central banks, low interest rate environments and large budget deficits are still creating support for gold,” he said. In addition, the erosion of confidence in legal currencies makes precious metals increasingly seen as a defensive tool against systemic risks.

Sharing the same view, Mr. Mike Wilson - chief investment strategist at Morgan Stanley - said that gold now not only reflects inflation but has become a "bet" against currency devaluation.

From a market perspective, a series of large banks have strongly raised forecasts. UBS and Societe Generale both set a target of 5,000 USD/ounce by the end of 2026, while Goldman Sachs and J.P. Morgan expect gold to approach or exceed this zone if fiscal and political instability in the US escalates. Wells Fargo also forecasts that the precious metal will continue to outperform many other types of assets, although the growth rate may be slower.

However, short-term risks are still present. Some organizations warn that profit-taking pressure may cause prices to fluctuate in the next few weeks or months. However, in the medium and long term, cash flow from central banks, Fed loosening expectations and geopolitical uncertainties are still seen as the foundation for keeping gold at a high level.

In that picture, 2026 is likely not a new "fever", but a period of consolidation of a long-term price increase cycle, where gold continues to play the role of a defensive pillar for global investors.