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 136.6-138.6 million VND/tael (buy in - sell out).
Compared to the closing price of the previous trading session (September 28, 2025), the price of SJC gold bars at Saigon Jewelry Company SJC increased by 3.6 million VND/tael in both directions. The difference between the buying and selling prices of SJC gold at Saigon Jewelry Company SJC is at 2 million VND/tael.
Meanwhile, Bao Tin Minh Chau listed the price of SJC gold bars at 136.6-138.6 million VND/tael (buy in - sell out).
Compared to a week ago, the price of SJC gold bars was increased by 3.6 million VND/tael by Bao Tin Minh Chau in both directions. The difference between the buying and selling prices of SJC gold at Bao Tin Minh Chau is at 2 million VND/tael.
If buying SJC gold at Saigon Jewelry Company SJC and Bao Tin Minh Chau in the session of September 28 and selling it in today's session (October 5), buyers will make a profit of 1.6 million VND/tael.
9999 gold ring price
Bao Tin Minh Chau listed the price of gold rings at 133.6-136.6 million VND/tael (buy - sell); increased by 4.5 million VND/tael in both directions. The difference between buying and selling is at 3 million VND/tael.
Phu Quy Gold and Stone Group listed the price of gold rings at 132.7-135.7 million VND/tael (buy - sell), an increase of 3.9 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 September 28 and selling in today's session (October 5), buyers at Bao Tin Minh Chau will make a profit of 1.5 million VND/tael. Meanwhile, the profit when buying in Phu Quy is 900,000 VND/tael.
World gold price
At the end of the trading session of the week, the world gold price was listed at 3,885 USD/ounce, up 126.3 USD compared to a week ago.
Gold price forecast
Overall, spot gold has risen more than 48% to $2,625 an ounce since the start of the year, marking its strongest annual increase since 1979.
The persistent increase in gold prices in recent times reflects investors' growing confidence that the precious metal is entering a new growth cycle, driven by many simultaneous factors.
One of the key drivers is the weakening of the US dollar. In the context of the US budget deficit continuing to widen and fiscal risks increasing, the greenback is gradually losing its appeal.
Along with that, expectations that the US Federal Reserve (FED) will cut interest rates twice more in the remainder of the year will reduce the cost of holding gold, boosting cash flow into precious metals.
Along with monetary factors, political and geopolitical instability continue to push gold higher. Tensions in Ukraine, the Middle East and Europe have not shown any signs of cooling down, while the US has fallen into a deadlock as the US Congress cannot pass the budget, causing the federal government to shut down in early October.
According to experts, each week of closures could cost the US economy between $7 billion and $15 billion, while increasing concerns and demand for "safe havens" such as gold.
Notably, JPMorgan described the shift from the US dollar to gold in September as a trade that weakened the greenback's position, showing a widespread loss of confidence from organizations to retail investors. Many people are concerned about prolonged inflation and the continued printing of deficit finance by governments will reduce the real value of legal currency.
The demand for gold does not only come from individual investors. According to the World Gold Council (WGC), global central banks net bought an additional 15 tonnes of gold in August, with Kazakhstan, Turkey, Bulgaria, Uzbekistan, Ghana and El Salvador participating.
The People's Bank of China also continues to add 2 tons of gold to its reserves, bringing its total holdings to more than 2,300 tons, equivalent to 7% of total national foreign exchange reserves.
A survey of gold with Wall Street experts shows that optimism is still majority after a week of strong gold trading.
Of the 12 analysts participating in the survey, 11 people (equivalent to 92%) predict gold prices will increase next week. No expert predicts a price drop. The remaining 1 person (8%) believes that gold prices will move sideways.
Mr. Darin Newsom - senior market analyst at Barchart.com, said that gold prices will increase next week: "I cannot say that the economic situation in the US will remain stable, because there have been many more unfavorable factors. Central banks and investors around the world see this, so they should continue the gold buying trend.
See more news related to gold prices HERE...
