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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.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
28.9 C
Ho Chi Minh City
Wednesday, July 9, 2025

Gold ring prices at record highs

By Thuy Linh

Must read

HCMC – Gold prices in Vietnam surged to new highs this morning, March 5, with gold rings reaching VND93 million per tael at some jewelry firms, according to local media reports.

At around 11 a.m., Bao Tin Minh Chau increased the buying and selling prices of gold rings by VND300,000 per tael, taking new rates to VND91.9 million per tael for buying and VND93.1 million per tael for selling, the highest recorded price for gold rings in Vietnam.

Phu Quy Jewelry also adjusted its prices, quoting gold rings at VND91.6 million per tael for buying and VND93 million per tael for selling, up by VND300,000 per tael compared to yesterday.

PNJ priced gold rings at VND91.7 million per tael for buying and VND92.9 million per tael for selling, reflecting a VND200,000 rise in both directions from the previous day.

Currently, gold rings are priced VND200,000-400,000 per tael higher than SJC gold bars in selling prices. Leading gold trading firms such as SJC, DOJI, and PNJ are quoting gold bars at VND90.7 million per tael for buying and VND92.7 million per tael for selling.

On the global market, gold prices continued to rise. According to the Vietnam News Agency, at 2:16 a.m. on March 5 (Vietnam time), gold increased by 0.6% to US$2,911.88 per ounce. Since the beginning of the year, gold prices have surged nearly 11%, hitting a record US$2,956.15 per ounce during the February 24 session.

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