SJC gold bar price
As of 6:00 p.m., the price of SJC gold bars was listed by Saigon Jewelry Company at VND121.5 - 23.5 million/tael (buy - sell); increased by VND1.6 million/tael for buying and increased by VND2.1 million/tael for selling. The difference between buying and selling prices is at 2 million VND/tael.
DOJI Group listed at 121.5-123.5 million VND/tael (buy - sell); increased by 1.6 million VND/tael for buying and increased by 2.1 million VND/tael for selling. The difference between buying and selling prices is at 2 million VND/tael.
Meanwhile, Bao Tin Minh Chau listed the price of SJC gold bars at 121.5-123.5 million VND/tael (buy - sell); increased by 1.6 million VND/tael for buying and increased by 2.1 million VND/tael for selling. The difference between buying and selling prices is at 2 million VND/tael.
Phu Quy Gold and Stone Group listed the price of SJC gold bars at VND 120.5-123.5 million/tael (buy - sell), an increase of VND 600,000/tael for buying and an increase of VND 2.1 million/tael for selling. The difference between buying and selling prices is at 3 million VND/tael.
9999 gold ring price
As of 6:00 p.m., DOJI Group listed the price of gold rings at 117-111.5 million VND/tael (buy in - sell out), an increase of 1 million VND/tael in both directions. The difference between buying and selling is 2.5 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 117.2-120.2 million VND/tael (buy - sell), an increase of 1 million VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.
Phu Quy Gold and Stone Group listed the price of gold rings at 116.2-119.2 million VND/tael (buy - sell), an increase of 1.3 million VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.
Domestic gold increases sharply, buyers make big profits
Since the beginning of the year, the price of gold bars at DOJI and Bao Tin Minh Chau has increased by 39.3 million VND/tael for both buying and selling.
Meanwhile, the price of gold rings at DOJI has increased by 33.7 million VND/tael for buying and increased by 35.3 million VND/tael for selling.
The price of gold rings at Bao Tin Minh Chau has increased by 34.6 million VND/tael for buying and increased by 36 million VND/tael for selling.
If investors buy gold at the beginning of this year and sell it at the present time, the profit will be huge. The price of SJC gold bars purchased by DOJI Group and Bao Tin Minh Chau today (August 2, 2025) is at 121.5 million VND/tael, while the selling price at the beginning of the year (January 1, 2025) is only 84.2 million VND/tael, equivalent to a profit of 37.3 million VND/tael.
With gold rings, the profit is also very significant. At DOJI, if bought at the beginning of the year and sold today, investors will make a profit of 32.8 million VND/tael. At Bao Tin Minh Chau, the profit is even higher, reaching 33 million VND/tael, when the current purchase price is up to 117.2 million VND/tael compared to 84.2 million VND/tael at the beginning of the year.
Although gold prices increased sharply and brought attractive profits in the first 8 months of the year, experts recommend that investors be cautious about two major risks.
Firstly, the difference between buying and selling prices is currently very high, ranging from 2 to more than 3 million VND/tael, causing investors to suffer losses right after buying if the market reverses.
Second, gold prices are anchored at a historical peak, with the potential risk of correction when supporting factors such as interest rate policy, inflation or international geopolitics are still uncertain. Investing in gold at this time requires a clear strategy and alertness to limit the risk of peaking.
World gold price
The world gold price was listed at 6:00 p.m. at 3,361.5 USD/ounce, a sharp increase of 68.8 USD compared to 1 day ago.
Gold price forecast
Immediately after a series of US employment data, world gold prices skyrocketed, testing the resistance level of $3,350/ounce.
The Institute for Supply Management (ISM) released its manufacturing purchasing managers' index (PMI) in July on Tuesday, down to 48 from 49 in June. The figure was lower than expected, as the consensus had previously forecast a slight increase to 49.5.
Ms. Susan Spence - Chairwoman of the Production Business Survey Committee of ISM - said that this disappointing result shows that overall economic activity is weakening.
Adrian Day - Chairman of Adrian Day Asset Management - frankly commented: "It is clear that the US labor market is not as strong as Chairman of the US Federal Reserve (FED) Jerome Powell said, and today's data is another proof. This report puts great pressure on the Fed to act in September.
He said that after two weeks of weak gold prices, this precious metal is ready for a new price increase cycle next week.
Note: Gold price data is compared to a day earlier.
See more news related to gold prices HERE...
