Gold bars and gold rings increase sharply after 3 months
After a period of strong fluctuations, domestic gold prices on September 10, 2026 were significantly higher than on June 10, 2026. However, the actual profit margin of gold buyers 3 months ago was not too large when calculated according to the current purchase price of businesses.
Data at major brands shows that although SJC gold bars and 9999 gold rings both increased, the profit of buyers only fluctuated around 2.5-3.6 million VND/tael.
At DOJI, SJC gold bar price on June 10 was listed at 136.3 million VND/tael (buying) and 141.3 million VND/tael (selling). After 3 months, the buying price increased to 143.6 million VND/tael, an increase of 7.3 million VND/tael; the selling price increased to 146.6 million VND/tael, an increase of 5.3 million VND/tael.
If buying gold at the time of June 10 and reselling it to businesses on September 10, buyers currently make a profit of about 2.3 million VND/tael.
At Bao Tin Minh Chau, the buying price increased from 136.5 million VND/tael to 144 million VND/tael, an increase of 7.5 million VND/tael. The selling price increased from 141.5 million VND/tael to 148 million VND/tael, an increase of 6.5 million VND/tael.
The actual profit of buyers of this brand gold after 3 months reached about 2.5 million VND/tael.
Meanwhile, Phu Quy recorded a stronger increase. The buying price increased from 135 million VND/tael to 143.6 million VND/tael, an increase of 8.6 million VND/tael. The selling price increased from 140 million VND/tael to 146.6 million VND/tael, an increase of 6.6 million VND/tael.
SJC gold bar buyers in Phu Quy from June 10 can now earn a profit of about 3.6 million VND/tael.
With 9999 gold rings, the upward trend is also recorded at brands. At DOJI, the price of gold rings increased from 136.3 million VND/tael for buying to 144 million VND/tael, an increase of 7.7 million VND/tael. The selling price increased from 141.3 million VND/tael to 148 million VND/tael, an increase of 6.7 million VND/tael.
People who bought DOJI gold rings from June are currently making a profit of about 2.7 million VND/tael.
At Bao Tin Minh Chau, the buying price increased from 136.5 million VND/tael to 144 million VND/tael, an increase of 7.5 million VND/tael. The selling price increased from 141.5 million VND/tael to 148 million VND/tael, an increase of 6.5 million VND/tael.
The profit that buyers receive after 3 months is about 2.5 million VND/tael.
Phu Quy recorded the highest increase in the surveyed gold ring group. The buying price increased from 135 million VND/tael to 143.6 million VND/tael, an increase of 8.6 million VND/tael. The selling price increased from 140 million VND/tael to 147 million VND/tael, an increase of 7 million VND/tael.
Buyers of Phu Quy gold rings from June 10 can now make a profit of about 3.6 million VND/tael.
Gold prices rise sharply but profits are eroded
A noteworthy point is that although gold prices have increased in the past 3 months, the actual profit of buyers is much lower than the increase in the listed price.
The reason comes from the gap between the buying and selling prices of businesses. At the time of June 10, the buying - selling difference was commonly at 5 million VND/tael. Currently, this gap has narrowed to about 3-4 million VND/tael, but it is still a factor that significantly affects profits.
In the context of unpredictable world gold prices, the domestic market may be under downward pressure if the international trend goes down.
People should not buy gold out of fear of missing opportunities (FOMO) when buying gold. Buying in high prices, especially in the context that the buying-selling price difference is still at several million VND per tael, can cause buyers to suffer losses if gold prices reverse. In addition, investors should avoid using financial leverage to buy gold, because debt repayment pressure and unfavorable price fluctuations can increase the risk of losses.
The article only updates the developments of the gold market, not an investment recommendation.
