Updated gold price at the end of the session on October 19: Soaring, big profit after a week

Khương Duy |

Updated gold price at the end of the session on October 19: After a breakout week, domestic gold buyers made a profit of up to 17 million VND/tael.

SJC gold bar price

At the end of the trading session of the week, Saigon Jewelry Company SJC listed the price of SJC gold at 149.5-151 million VND/tael (buy in - sell out).

Compared to the closing price of last week's trading session (October 12, 2025), the price of SJC gold bars at Saigon Jewelry Company SJC increased by 8.7 million VND/tael for buying and increased by 8.2 million VND/tael for selling. The difference between the buying and selling prices of SJC gold at Saigon Jewelry Company SJC is at 1.5 million VND/tael.

Dien bien gia vang mieng SJC nhung phien gan day. Bieu do: Phan Anh
SJC gold bar price movements in recent sessions. Chart: Phan Anh

Meanwhile, Bao Tin Minh Chau listed the price of SJC gold bars at 150.5-151 million VND/tael (buy in - sell out).

Compared to a week ago, the price of SJC gold bars was increased by 9.7 million VND/tael for buying by Bao Tin Minh Chau and increased by 8.2 million VND/tael for selling. The difference between the buying and selling prices of SJC gold at Bao Tin Minh Chau is at 500,000 VND/tael.

If buying SJC gold at Saigon Jewelry Company SJC and Bao Tin Minh Chau in the session of October 12 and selling it in today's session (October 19), buyers will make a profit of VND6.7 million and VND7.7 million/tael, respectively.

Bang: Khuong Duy
Table: Khuong Duy

9999 gold ring price

Bao Tin Minh Chau listed the price of gold rings at 155.5-158.5 million VND/tael (buy - sell); increased by 17.1 million VND/tael in both directions. The difference between buying and selling is at 3 million VND/tael.

Dien bien gia vang nhan nhung phien gan day. Bieu do: Phan Anh
Gold ring price developments in recent sessions. Chart: Phan Anh

Phu Quy Gold and Stone Group listed the price of gold rings at 148-151 million VND/tael (buy - sell), an increase of 10.7 million VND/tael in both directions compared to a week ago. The difference between buying and selling is 3 million VND/tael.

If buying gold rings in the session of October 12 and selling in today's session (October 19), buyers at Bao Tin Minh Chau will make a profit of 14.1 million VND/tael. Meanwhile, the profit when buying in Phu Quy is 7.7 million VND/tael.

Bang: Khuong Duy
Table: Khuong Duy

World gold price

At the end of the trading session of the week, the world gold price was listed at 4,250.8 USD/ounce, up 234.4 USD compared to a week ago. Thus, in less than half a month, world gold has recorded an increase of more than 365 USD/ounce.

Dien bien gia vang the gioi nhung phien gan day. Bieu do: Phan Anh
World gold price developments in recent sessions. Chart: Phan Anh

Gold price forecast

After many consecutive weeks of optimism, the latest survey results show that the Western market sentiment suddenly Differentiated significantly, as gold prices have just experienced a series of strong increases and then adjusted shortly at the end of the week.

This week, 15 analysts participated in the survey. Wall Street analysts have somewhat eased their expectations for price increases. Of these, 9 people (equivalent to 60%) predict gold prices will increase next week, 4 people (27%) think prices will decrease, and the remaining 2 people (13%) predict gold prices will go sideways.

Du bao cua chuyen gia Pho Wall ve gia vang tuan toi. Bieu do: Khuong Duy
Wall Street experts' forecast for gold prices next week. Chart: Khuong Duy

Mr. Rich Checkan - Chairman and CEO of Asset Strategies International - predicted that gold prices will increase.

On the other hand, Mr. Alex Kuptsikevich - senior analyst at FxPro, said that after more than two consecutive months of increase, gold prices are likely to decrease next week.

The record rally of over $4,200 an ounce comes from a wave of disbelief in the currency. Governments are struggling with budget deficits, huge public debt and central banks are being required to cut or keep interest rates low.

Investors have therefore lost faith in bonds and currencies, looking to precious metals. Gold has been rising for nine consecutive weeks something that has only happened five times since the 1970s, he said.

However, gold has never had a 10-week winning streak, he warned. The current increase has far exceeded the 200-week average of 90%, only lower than the 1980 record. The market needs a technical correction and if that happens, it could open up a multi-year downtrend.

Economic data to watch next week

As the US government remains closed, markets are forced to rely on private sector data, including home sales reports and manufacturing data for next week.

However, the market will still receive some official inflation figures, as the US Bureau of Labor Statistics (BLS) has summoned a limited number of employees to release the September CPI report.

The move is aimed at helping the US government calculate the annual cost of living adjustment for social security pensioners before November 1.

The US home sales data for September is scheduled to be released on Thursday, while the September CPI report will be released on Friday, followed by the S&P preliminary PMI.

See more news related to gold prices HERE...

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