Gold prices increase sharply in the first 8 months of the year
Earlier this year (January 1, 2025), the price of SJC gold bars was listed by DOJI Group and Bao Tin Minh Chau at VND82.2-84.2 million/tael (buy in - sell out).
At the same time, DOJI listed the price of gold rings at 83.3-84.2 million VND/tael (buy in - sell out). Bao Tin Minh Chau listed the price of gold rings at 82.6-84.2 million VND/tael (buy in - sell out).
Meanwhile, the world gold price listed on Kitco is at 2,624.2 USD/ounce
As of today (August 2, 2025), the price of SJC gold bars was listed by DOJI Group and Bao Tin Minh Chau at 121.5-123.5 million VND/tael (buy in - sell out).
At the same time, DOJI Group listed the price of gold rings at 117-111.5 million VND/tael (buy in - sell out).
Bao Tin Minh Chau listed the price of gold rings at 117.2-120.2 million VND/tael (buy in - sell out).
Meanwhile, the world gold price is listed around 3,361.5 USD/ounce.
Thus, 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
World gold prices have increased by 737.3 USD/ounce.
Investors make huge profits
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.
Investors should not FOMO (fear of missing out on opportunities) rush to buy gold at all costs. Following high prices while the buying and selling gap is large, the world market has many unpredictable fluctuations, which can cause investors to fall into a state of "buy at the top, sell at the bottom".
Instead of emotional actions, investors should closely monitor market developments, carefully assess risk factors and choose a reasonable disbursement time to preserve capital and optimize profits.
