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.
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.
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.
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.
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.
Gold price forecast
Mr. Marc Chandler - CEO of Bannockburn Global Forex - said that the gold price last week's breakthrough was not only due to buying pressure from central banks, but also due to the upward momentum and trendy psychology that caused many investors to enter the market.
Mr. Chandler noted that US bond yields have fallen over the past week. US two-year yields are at a three-year low, 10-year yields are at a six-month low, and the USDXY is having its biggest week of decline since early August, he said. In the context of many fluctuations around the world, gold is not only a safe haven asset but also has the characteristics of an attractive risk asset.
Mr. Rich Checkan - Chairman and CEO of Asset Strategies International - predicted that gold prices will increase. Actually, I was happy when the market adjusted a bit on Friday morning, but the general trend was still clear to go up. A weak US dollar, an expected rate cut, and a chaotic US government situation all of which support the upward trend in gold prices.
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.
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...
