Gold price skyrockets to 1.7 million VND/tael

Phan Anh |

After many sessions of decline, the gold price increase has returned. SJC gold bars increased to 1.7 million VND/tael in today's trading session (March 4).

SJC gold bar price increases sharply

This morning (March 4, 2025), the price of SJC gold bars was listed by Saigon Jewelry Company at VND89.6-91.6 million/tael (buy - sell), an increase of VND600,000/tael for both buying and selling compared to the early morning of the session on March 3. The difference between the buying and selling prices of SJC gold at Saigon Jewelry Company SJC is at 2 million VND/tael.

Meanwhile, the price of SJC gold bars was listed by DOJI Group at VND89.6-91.6 million/tael (buy - sell), an increase of VND600,000/tael for both buying and selling compared to the early morning session on March 3. The difference between the buying and selling prices of SJC gold at Saigon Jewelry Company SJC is at 2 million VND/tael.

At the same time, Bao Tin Minh Chau listed the price of SJC gold bars at VND89.8-91.6 million/tael (buy - sell); increased by VND500,000/tael for both buying and selling compared to the early morning of the session on March 3. The difference between buying and selling SJC gold at Bao Tin Minh Chau is at 1.8 million VND/tael.

Dien bien gia vang mieng SJC nhung phien giao dich gan day. Bieu do: Phan Anh
SJC gold bar price movements in recent trading sessions. Chart: Phan Anh

This afternoon (March 4, 2025), the price of SJC gold bars was listed by Saigon Jewelry Company at 90.7-92.7 million VND/tael (buy - sell), an increase of 1.1 million VND/tael for both buying and selling compared to the beginning of the trading session on the same day. The difference between the buying and selling prices of SJC gold at Saigon Jewelry Company SJC is at 2 million VND/tael.

Meanwhile, the price of SJC gold bars was listed by DOJI Group at 90.1-92.1 million VND/tael (buy - sell), an increase of 500,000 VND/tael for both buying and selling compared to the beginning of the trading session on the same day. The difference between the buying and selling prices of SJC gold at Saigon Jewelry Company SJC is at 2 million VND/tael.

At the same time, Bao Tin Minh Chau listed the price of SJC gold bars at 90.7-92.7 million VND/tael (buy - sell); an increase of 900,000 VND/tael for buying and an increase of 1.1 million VND/tael for selling compared to the beginning of the trading session on the same day. The difference between buying and selling SJC gold at Bao Tin Minh Chau is at 2 million VND/tael.

Thus, for the whole day, the price of SJC gold bars today was adjusted by domestic business units to increase around 1.1-1.7 million VND/tael compared to the trading session on March 3.

Gold rings also increased

Not only SJC gold bars, the domestic plain gold ring market today also recorded a strong increase.

This morning, the price of Hung Thinh Vuong 9999 round gold rings at DOJI was listed at VND91.2-92.2 million/tael (buy - sell); an increase of VND700,000/tael for both buying and selling compared to the early morning session on March 3. The difference between buying and selling is at 1 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 91.2-92.4 million VND/tael (buy - sell), an increase of 700,000 VND/tael for both buying and selling compared to the early morning session on March 3. The difference between buying and selling is at 1.2 million VND/tael.

Dien bien gia vang nhan tron nhung phien giao dich gan day. Bieu do: Phan Anh
The price of plain gold rings in recent trading sessions. Chart: Phan Anh

This afternoon, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 91.6-92.7 million VND/tael (buy - sell); an increase of 400,000 VND/tael for buying and an increase of 500,000 VND/tael for selling compared to early in the morning. The difference between buying and selling is at 1.1 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 91.6-92.8 million VND/tael (buy - sell), an increase of 400,000 VND/tael for both buying and selling compared to early in the morning. The difference between buying and selling is at 1.2 million VND/tael.

Overall, domestic plain gold rings increased around 1.1-1.2 million VND/tael for the whole day compared to the trading session on March 3.

The increase in domestic gold prices today is mainly affected by the increase in world market prices. Recorded at the time of writing (17:10 - 4:00 p.m. on 4.3 - Vietnam time), the world gold price listed on Kitco was at 2,915.4 USD/ounce.

Dien bien gia vang the gioi nhung phien giao dich gan day. Nguon: Kitco
World gold price developments in recent trading sessions. Source: Kitco
Phan Anh
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