Gold price skyrockets, surprising profit after a year of buying

Phan Anh |

The sharp increase in gold prices has brought impressive profits to investors. After a year of paying, buyers can make a profit of up to 28.8 million VND/tael.

Prices increase sharply after a year

Over the past year, gold prices at major brands such as DOJI Group, Saigon Jewelry, Bao Tin Minh Chau or Phu Nhuan Jewelry (PNJ) have recorded strong growth, especially the price of SJC gold and plain round gold rings.

On the same day last year (April 1, 2024), the price of SJC gold at DOJI Group was listed at 78.8-80.8 million VND/tael (buy - sell). At Saigon Jewelry, the price of SJC gold is 78.3-80.8 million VND/tael, while Bao Tin Minh Chau listed it at 78.85-80.85 million VND/tael.

By early this morning, April 1, 2025, SJC gold prices at major stores had recorded a strong increase. At DOJI Group, the price of SJC gold has increased to 99.5-101.8 million VND/tael, equivalent to an increase of 20.7 million VND/tael for buying and 21 million VND/tael for selling.

At Saigon Jewelry and Bao Tin Minh Chau, the price of SJC gold increased to 99.5-101.8 million dong/tael. In the buying direction, the gold price at Saigon Jewelry increased by 21.2 million dong/tael. Gold price in Bao Tin Minh Chau increased by 20.65 million dong/tael. In the selling direction, the price of gold at Saigon Jewelry increased by 21 million VND/tael. Gold price in Bao Tin Minh Chau increased by 20.95 million dong/tael.

In addition to SJC gold, plain round gold rings also had strong growth. In early April last year, the price of plain round gold rings at Bao Tin Minh Chau was listed at 70.23-71.43 million VND/tael. To date, this price has increased to 99.6-101.9 million VND/tael, corresponding to an increase of 29.37 million VND/tael for buying and 30.47 million VND/tael for selling.

In Saigon Jewelry, the price of plain round gold rings has increased from 69.6-70.85 million VND/tael to 99-101.2 million VND/tael, recording an increase of 29.4 million VND/tael for buying and 30.35 million VND/tael for selling.

At Phu Nhuan Jewelry (PNJ), the increase is 29.9 million VND/tael for buying and 31.1 million VND/tael for selling, with the current price of 99.5-101.8 million VND/tael.

Muc tang gia vang trong mot nam qua. Bang: Phan Anh. Don vi tinh: Trieu dong/luong.
Gold price increase over the past year. Table: Phan Anh. Unit of calculation: Millions of VND/tael.

Interest rate when buying gold after a year

Over the past year, gold prices at large stores have grown strongly, bringing impressive interest rates to investors.

For those who buy gold on April 1, 2024 and sell it on April 1, 2025, the interest rates earned at major gold brands such as DOJI Group, Saigon Jewelry, Bao Tin Minh Chau and Phu Nhuan Jewelry (PNJ) are different.

At DOJI Group and Saigon Jewelry, investors who buy SJC gold earn a profit of about 18.7 million VND/tael. Buyers at Bao Tin Minh Chau recorded the profit from SJC gold at 18.65 million VND/tael.

For plain round gold rings, the interest rate is much higher. In Phu Nhuan Jewelry, the profit from plain round gold rings is 28.8 million VND/tael. At Bao Tin Minh Chau, the interest rate reached 28.17 million VND/tael. Meanwhile, buyers of gold rings at Saigon Jewelry earn a profit of VND 28.15 million/tael.

Phan Anh
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