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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
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28.9 C
Ho Chi Minh City
Thursday, July 17, 2025

Domestic gold prices rise

The Saigon Times

Must read

HCMC – Domestic gold bar prices rose sharply by VND800,000 per tael, while gold ring prices increased by VND350,000 per tael this morning, August 1, driven by a spike in global gold prices, said local media reports.

The State Bank of Vietnam today revised up the selling price of SJC-brand gold bars via the four designated State-run banks and the Saigon Jewelry Company (SJC) to VND78.8 million per tael. A tael equals 37.5 grams or 1.2 troy ounces.

As a result, the selling price at authorized enterprises and banks also spiked.

Large businesses, including Saigon Jewelry Company (SJC), Doji, and PNJ, this morning listed the price of SJC gold bars at VND77.8 million per tael for buying and VND79.8 million per tael for selling, up by VND800,000 per tael compared to yesterday’s close.

The difference between the buying and selling prices is VND2 million per tael.

Gold ring prices also rose sharply in line with global fluctuations. SJC’s 24K gold ring price increased by VND350,000 on both the buying and selling sides to VND76.3-77.65 million per tael.

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