HCMC – Domestic gold prices continued their upward trend on October 15, with gold ring prices soaring to VND147.8 million per tael on the selling side, surpassing SJC-branded gold bars. Meanwhile, the central exchange rate stayed unchanged.
As of 9:15 a.m., Saigon Jewelry Company (SJC) quoted its gold bar prices at VND145.6 million for buying and VND147.6 million for selling, up VND1.5 million from the afternoon of October 14. Doji listed its prices at VND145.3 million for buying and VND147.3 million for selling, while Phu Quy quoted prices at VND144.5 million and VND147.3 million, both rising VND1.2 million per tael from the previous session.
Gold ring prices followed suit. At Phu Quy Jewelry, rings were traded at VND143.8 million for buying and VND146.8 million for selling, up VND800,000 after two price adjustments this morning. Bao Tin Minh Chau raised its prices by VND1.2 million, listing gold rings at VND144.8 million for buying and VND147.8 million for selling, now surpassing SJC-branded gold bars.
On the global market, gold continued setting new records, hovering around US$4,183 per ounce, up US$40–50 from the morning of October 14. This price equals roughly VND132.8 million per tael based on Vietcombank’s exchange rate, keeping domestic SJC gold around VND14.5–15 million higher than the global rate.
This morning, the State Bank of Vietnam maintained the central exchange rate at VND25,114 per U.S. dollar, unchanged from October 14. Commercial banks also kept their selling prices steady at VND26,369 per dollar.
With the trading band of 5% on either side of the central exchange rate, Vietcombank quoted the greenback at VND26,119–26,369 (buy/sell), VietinBank at VND26,157–26,369, BIDV at VND26,169–26,369, and Eximbank at VND26,130–26,369 per dollar.
