Gold price today 10/26: Heavy loss of up to 8.5 million VND after a week

Khương Duy |

Gold price today 10/26: The sharp decline in gold prices this week, along with the widened difference between buying and selling, has caused domestic investors to suffer heavy losses after a week.

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 147.2-149.2 million VND/tael (buy in - sell out).

Compared to the closing price of last week's trading session (October 19, 2025), the price of SJC gold bars at Saigon Jewelry Company SJC decreased by 2.3 million VND/tael for buying and decreased by 1.8 million VND/tael for selling. The difference between the buying and selling prices of SJC gold at Saigon Jewelry Company SJC is at 2 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 148.2-149.2 million VND/tael (buy in - sell out).

Compared to a week ago, the price of SJC gold bars was reduced by 2.3 million VND/tael for buying by Bao Tin Minh Chau and 1.8 million VND/tael for selling. The difference between the buying and selling prices of SJC gold at Bao Tin Minh Chau is at 1 million VND/tael.

If buying SJC gold at Saigon Jewelry Company SJC and Bao Tin Minh Chau in the session of October 19 and selling it in today's session (October 26), buyers will lose VND3.8 million and VND2.8 million/tael, respectively.

Bang: Khuong Duy
Table: Khuong Duy

9999 gold ring price

Bao Tin Minh Chau listed the price of gold rings at 150-153 million VND/tael (buy - sell); down 5.5 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 146.2-149.2 million VND/tael (buy - sell), down 1.8 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 19 and selling in today's session (October 26), buyers at Bao Tin Minh Chau will lose 8.5 million VND/tael. Meanwhile, the loss when buying in Phu Quy was 4.8 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 4,111.2 USD/ounce, down 139.6 USD compared to a week ago.

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

The latest weekly gold survey by an international financial information platform shows that the majority of Wall Street analysts are shifting to a pessimistic or neutral view, while retail investors are still slightly optimistic about gold.

This week, there are 17 experts participating in the survey. Less than a fifth of experts see gold prices rising. Only 3 people (18%) see gold prices rising next week, while 6 (35%) see prices falling. The remaining eight experts, or 47%, predict gold prices will move 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

Meanwhile, 274 participants participated in the online survey for small investors. The group's optimistic sentiment has weakened after last week's sell-off, but it still dominates. Accordingly, 144 people (53%) expect gold prices to increase next week, 62 people (23%) predict prices to decrease, and 68 people (25%) believe that prices will continue to accumulate in narrow areas.

Mr. Phillip Streible - chief strategist at Blue Line Futures, commented: "If gold prices penetrate the 4,000 USD/ounce mark, the market could see a deeper sell-off, with the next support zone around 3,850 USD/ounce".

Mark Leibovit - publisher of VR Metals/Resource Letter newsletter - said that gold prices next week are likely to move sideways. Because there was no clear signal to buy or sell, he decided to stay on the sidelines and monitor market developments further.

Mr. Alex Kuptsikevich - Senior Analyst at FxPro - commented that gold prices will continue to decline next week, even lasting for many weeks: "Thursday was the strongest sell-off in 12 years. In the 21st century, there have only been 6 times when gold has fallen more than 3% in a session and then typically fell an average of 18% per month.

Economic data to watch next week

Tuesday: US consumer confidence.

Wednesday: Bank of Canada policy decision, US waitress data, FED policy decision, Bank of Japan policy decision.

Thursday: ECB policy decision.

See more news related to gold prices HERE...

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