World gold prices rise, domestic gold prices fall sharply
After 3 months, the gold market recorded mixed movements when world gold prices increased slightly, while domestic gold prices decreased sharply compared to the price range on May 22, 2026.
On August 22, 2026, world gold prices were recorded at 4,602.4 USD/ounce, an increase of 78.9 USD/ounce compared to 4,523.5 USD/ounce on May 22, 2026. According to the ratio, world gold prices increased by about 1.75%.
Meanwhile, domestic gold prices decreased significantly. At many brands, the price of SJC gold bars and 9999 gold rings decreased by more than 14 million VND/tael compared to 3 months ago, equivalent to a decrease of over 9%.
SJC gold bars fall more than 9% after 3 months
On August 22, 2026, SJC gold bar prices at Phu Quy and DOJI were listed at 144.6 - 147.6 million VND/tael (buying - selling).
Compared to May 22, 2026, when gold prices were listed at 159.4 - 162.4 million VND/tael, the buying price decreased by 14.8 million VND/tael, equivalent to a decrease of about 9.3%. The selling price also decreased by 14.8 million VND/tael, equivalent to a decrease of about 9.1%.
At Bao Tin Minh Chau, the current SJC gold bar price is at 144.1 - 148.1 million VND/tael. Compared to 3 months ago, the buying price decreased by 15.3 million VND/tael, equivalent to a decrease of about 9.6%; the selling price decreased by 14.3 million VND/tael, equivalent to a decrease of about 8.8%.
9999 gold rings also decreased by more than 9%
Following the trend of SJC gold bars, the price of 9999 gold rings at major brands also decreased sharply.
In Phu Quy, 9999 gold rings decreased from 159.4 - 162.4 million VND/tael to 144.6 - 147.6 million VND/tael. The buying price decreased by 14.8 million VND/tael, equivalent to a decrease of about 9.3%; the selling price decreased by 14.8 million VND/tael, equivalent to a decrease of about 9.1%.
At DOJI, 9999 gold rings decreased to 144.5 - 148.5 million VND/tael. Compared to 3 months ago, the buying price decreased by 14.9 million VND/tael, equivalent to a decrease of about 9.3%; the selling price decreased by 13.9 million VND/tael, equivalent to a decrease of about 8.6%.
Bao Tin Minh Chau currently lists 9999 gold rings at 144.1 - 148.1 million VND/tael. The buying price decreased by 15.3 million VND/tael, equivalent to a decrease of about 9.6%; the selling price decreased by 14.3 million VND/tael, equivalent to a decrease of about 8.8%.
Currently, the difference between the buying and selling prices at many brands ranges from 3-4 million VND/tael. This gap makes investors face greater risks when the market fluctuates strongly.
In the context that world gold prices are showing signs of adjustment, this development may continue to put pressure on domestic gold prices.
Information about increases and decreases in the article only reflects the diễn biến of gold prices at the times mentioned, not an investment recommendation. People need to consider carefully before making a decision to buy or sell gold.
