SJC gold bar price increases sharply
On June 1, 2026, SJC gold bar prices were listed by DOJI, Bao Tin Minh Chau and Saigon SJC Jewelry Company at 156-159 million VND/tael (buying - selling).
Compared to June 1, 2025, SJC gold bar prices at these units increased by 38.3 million VND/tael on the buying side and increased by 39.3 million VND/tael on the selling side.
If you buy SJC gold bars at DOJI, Bao Tin Minh Chau or Saigon SJC Jewelry Company on June 1, 2025 and sell them on June 1, 2026, buyers will make a profit of 36.3 million VND/tael.
Meanwhile, Phu Quy Jewelry Group listed SJC gold bar prices at 155.5-159 million VND/tael. Compared to the same period last year, SJC gold bar prices at Phu Quy increased by 38.5 million VND/tael on the buying side and increased by 39.3 million VND/tael on the selling side.
SJC gold bar buyers in Phu Quy after 12 months made a profit of 35.8 million VND/tael.
Gold rings help buyers make a profit of nearly 40 million VND/tael
At the same time, the price of gold rings at DOJI and Bao Tin Minh Chau was listed at 156-159 million VND/tael (buying - selling).
At DOJI, compared to June 1, 2025, the price of gold rings increased by 41.5 million VND/tael on the buying side and increased by 42.5 million VND/tael on the selling side. Gold ring buyers at DOJI after 12 months made a profit of 39.5 million VND/tael.
At Bao Tin Minh Chau, the price of gold rings increased by 41.5 million VND/tael in both buying and selling directions. If you buy gold rings at this unit on June 1, 2025 and sell them on June 1, 2026, buyers will make a profit of 38.5 million VND/tael.
In Phu Quy, the price of gold rings is listed at 155.5-158.5 million VND/tael. Compared to the same period last year, the price of gold rings increased by 42 million VND/tael in both buying and selling directions. Gold ring buyers in Phu Quy after 12 months made a profit of 39 million VND/tael.
Domestic gold prices increased sharply in the context of world gold prices breaking through after a year. On June 1, 2026, world gold prices were listed around the threshold of 4,524.1 USD/ounce, up 1,157 USD/ounce compared to the level of 3,367.1 USD/ounce recorded on June 1, 2025.
Although the 12-month profitability of gold is at a high level, investors still need to be cautious. The buying-selling spread in the domestic market is currently large, which may put buyers at risk of losses if the price reverses in the short term.
Experts recommend that people should not buy gold based on crowd psychology when prices have increased sharply. In particular, if world gold prices fall, it may lead to a deep correction in the domestic market, especially in the context that domestic prices are still affected by the difference between buying and selling and supply and demand fluctuations.
