Gold price update at the closing session on December 26: Gold rings increase by up to 1 million VND/tael

Khương Duy |

Gold price update at the closing session on December 26: Domestic gold rebounds, plain gold rings increase by up to 1 million VND/tael.

SJC gold bar price

As of 6:30 PM, SJC gold bar prices were listed by DOJI Group at the threshold of 157.4-159.4 million VND/tael (buying - selling), an increase of 600,000 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 157.4-159.4 million VND/tael (buying - selling), an increase of 600,000 VND/tael in both directions. The difference between buying and selling prices is at the threshold of 2 million VND/tael.

Dien bien gia vang SJC nhung phien giao dich gan day. Bieu do: Khuong Duy
SJC gold price movements in recent trading sessions. Chart: Khuong Duy

Phu Quy Gold, Silver and Gemstone Group listed SJC gold bar prices at the threshold of 156.2-159.2 million VND/tael (buying - selling), an increase of 400,000 VND/tael in both directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.

Gia vang mieng SJC tai mot so don vi kinh doanh. Bang: Khuong Duy
SJC gold bar price at some business units. Table: Khuong Duy

9999 gold ring price

As of 6:30 PM, DOJI Group listed the price of gold rings at the threshold of 154-157 million VND/tael (buying - selling), going sideways in both directions. The buying - selling difference is at 3 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 156.3-159.3 million VND/tael (buying - selling), an increase of 1 million VND/tael in both directions. The buying - selling difference is at 3 million VND/tael.

Dien bien gia vang nhan nhung phien giao dich gan day. Bieu do: Khuong Duy
Gold ring price movements in recent trading sessions. Chart: Khuong Duy

Phu Quy Gold, Silver and Gemstone Group listed the price of gold rings at 155.2-158.2 million VND/tael (buying - selling), an increase of 700,000 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.

Gia vang nhan tron tai mot so don vi kinh doanh. Bang: Khuong Duy
Price of plain gold rings at some business units. Table: Khuong Duy

World gold price

World gold price listed at 18:35 was at the threshold of 4,507.7 USD/ounce, up 29.1 USD compared to the previous day.

Dien bien gia vang the gioi nhung phien giao dich gan day. Bieu do: Khuong Duy
World gold price movements in recent trading sessions. Chart: Khuong Duy

Gold price forecast

According to Jim Wyckoff, senior analyst at Kitco Metals, the gold market has just witnessed a correction on the chart and slight profit-taking activity after reaching a record high. However, this precious metal quickly recovered and regained the threshold of 4,500 USD/ounce.

Gold usually works well in low-interest environments and plays a safe-haven role in periods of instability.

US President Donald Trump said on Tuesday that he wants the next Chairman of the Federal Reserve (Fed) to cut interest rates if the market is going smoothly. The US Central Bank has cut interest rates three times this year, and traders are currently predicting two more interest rate cuts next year.

On the geopolitical front, a US official told Reuters that the US Coast Guard is waiting for more reinforcements before being able to approach and seize an oil tanker related to Venezuela that they have been monitoring since Sunday.

Silver prices have reached their highest ever and are currently rising to $74.13/ounce.

The next price increase target for gold is 4,600 USD/ounce and for silver is 75 USD/ounce by the end of this year. Technical indicators still maintain an upward trend" - Mr. Wyckoff added.

Silver prices have increased by more than 149% since the beginning of the year thanks to strong fundamentals, far exceeding the increase of more than 70% of gold in the same period.

J.P. Morgan Global Research (global research and analysis division of JPMorgan Chase & Co. financial group, one of the largest investment banks in the world) believes that gold prices could reach an average of about 5,055 USD/ounce in Q4/2026.

According to this research department, in the scenario of continued increased investment demand and central banks maintaining strong net buying, gold prices may even approach the 5,400 USD/ounce zone.

Sharing the same view on the upward trend, Goldman Sachs (an investment bank and multinational financial services group headquartered in the US) forecasts that gold prices could reach around 4,900 USD/ounce in December 2026.

According to Goldman Sachs, the global monetary policy cycle is gradually shifting from a tightening phase to a loosening phase, causing the opportunity cost of holding gold to decrease significantly.

Gold price data is compared to the previous day.

The world gold market operates through two main valuation mechanisms. The first is the spot market, where prices are quoted for transactions and immediate delivery.

Second is the futures contract market, where prices are set for futures delivery. Due to year-end book closing activities, December gold contracts are currently the most actively traded on CME.

See more news related to gold prices HERE...

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