SJC gold bars increase to 18.7 million VND/tael
On August 4, 2026, Phu Quy and DOJI both listed SJC gold bar prices at 137-140 million VND/tael.
Compared to August 4, 2025, the price of gold bars at DOJI increased by 15.3 million VND/tael on the buying side and 16.7 million VND/tael on the selling side. Gold buyers with a price of 123.3 million VND/tael 12 months ago can now resell it at 137 million VND/tael, making a profit of 13.7 million VND/tael.
In Phu Quy, the buying price increased by 16.3 million VND/tael, and the selling price increased by 16.7 million VND/tael. Gold buyers a year ago with a price of 123.3 million VND/tael are now also making a profit of 13.7 million VND/tael.
Bao Tin Minh Chau currently lists SJC gold bar prices at 138-142 million VND/tael. Compared to 121.7-123.3 million VND/tael on the same day last year, the buying price increased by 16.3 million VND/tael and the selling price increased by 18.7 million VND/tael.
Gold bar buyers at Bao Tin Minh Chau on August 4, 2025 are currently making a profit of 14.7 million VND/tael. This is the highest profit level in the SJC gold bar group surveyed.
Thus, after 12 months, SJC gold bar buyers are making a profit of 13.7-14,7 million VND/tael.
Gold rings bring higher profits
On August 4, 2026, Phu Quy listed the price of 9999 gold rings at 137-140 million VND/tael. Compared to 116-119 million VND/tael a year ago, both buying and selling prices increased by 21 million VND/tael.
Gold ring buyers in Phu Quy at a price of 119 million VND/tael on August 4, 2025 can now resell it at a price of 137 million VND/tael, earning a profit of 18 million VND/tael. This is the highest profit margin among the surveyed products.
DOJI listed gold rings at 137.3-141.3 million VND/tael. After 12 months, the buying price increased by 20.3 million VND/tael and the selling price increased by 21.8 million VND/tael. Gold buyers with a price of 119.5 million VND/tael currently make a profit of 17.8 million VND/tael.
At Bao Tin Minh Chau, the current gold ring price is at 138-142 million VND/tael. Compared to the same day last year, the buying price increased by 20.8 million VND/tael, and the selling price increased by 21.8 million VND/tael.
People who bought gold rings at this business at a price of 120.2 million VND/tael 12 months ago are currently making a profit of 17.8 million VND/tael.
In general, gold rings bring a profit of 17.8-18 million VND/tael, about 3.1-4.3 million VND/tael higher than SJC gold bars.
Buy-sell spread increases sharply
Domestic gold prices are greatly affected by the developments of the world market. When international prices fluctuate strongly, domestic SJC gold bars and gold rings often adjust accordingly, although the increase and decrease may vary between businesses.
After a year, world gold prices increased from 3,350.1 USD/ounce on August 4, 2025 to 4,577.3 USD/ounce on August 4, 2026, equivalent to an increase of 70.72 USD/ounce, about 21.1%. This increase contributed to bringing domestic gold prices up, helping buyers from a year ago record significant profits.
However, the difference between buying and selling prices at many businesses has also been widened. With SJC gold bars, the difference at DOJI increased from 1.6 million VND to 3 million VND/tael; Bao Tin Minh Chau increased from 1.6 million VND to 4 million VND/tael; Phu Quy increased from 2.6 million VND to 3 million VND/tael.
For 9999 gold rings, the difference at DOJI increased from 2.5 million VND to 4 million VND/tael; Bao Tin Minh Chau increased from 3 million VND to 4 million VND/tael, while Phu Quy remained unchanged at 3 million VND/tael.
The buy-sell gap of 3-4 million VND/tael makes buyers likely to suffer corresponding losses immediately after the transaction. Gold prices must increase by at least this difference, buyers are likely to break even.
In the context that gold prices are still high, people should not buy out of fear of missing opportunities or chasing short-term uptrends. If world gold prices continue to fall, the domestic market may be under downward pressure, while a high buying-selling spread will increase the risk of losses.
The article is only intended to provide information about the developments of the gold market, not an investment recommendation.
