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Thursday, October 16, 2025

Domestic gold prices climb further

The Saigon Times

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HCMC – Domestic gold bar prices rose by VND600,000 this morning, August 26, to nearly VND127.7 million per tael, following the upward global price movement.

At 9 a.m., Saigon Jewelry Company and Doji quoted gold bar prices at VND126.1 million for buying and VND127.7 million for selling, while Phu Quy Jewelry listed them at VND125.1–127.7 million, all up by VND600,000.

Gold ring prices also edged higher. Phu Quy Jewelry quoted them at VND119.2–122.2 million per tael, up by VND400,000, while Bao Tin Minh Chau offered VND119.6–122.6 million, also rising by VND400,000.

The buying-selling gap widened to VND1.6–2 million per tael for gold bars and VND3 million for gold rings.

On the global market, gold traded at around US$3,376 per ounce, up US$14 from the previous session’s close.

The State Bank of Vietnam (SBV) this morning set the central exchange rate at VND25,273 per U.S. dollar, down VND18 from yesterday.

Within the permitted 5% band of the central reference rate, Vietcombank quoted the U.S. dollar at VND26,110 for buying and VND26,500 for selling, up VND20 from the previous session. BIDV also adjusted up by VND20 to VND26,140–26,500. Eximbank listed the dollar at VND26,110–26,500, up VND20, while Vietinbank kept its rate unchanged at VND26,145–26,505.

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