Gap Between Vietnam’s SJC Gold Bar Prices and Global Gold Falls to Three-Week Low

On the morning of November 9, gold prices rose both in Vietnam and internationally. At the morning close, SJC gold bars at SJC, DOJI, PNJ and Bảo Tín Mạnh Hải were priced at VND 138.7 million per tael for buying and VND 141.7 million per tael for selling, both up VND 700,000 from the November 7 close. Including taxes and fees in the conversion, SJC bars were about VND 12.6 million per tael above the global gold price, the smallest gap since mid-October 2026.

On the morning of November 9, SJC gold bar quotes were generally up VND 700,000 per tael from the November 7 close.（VietVance）

At the open, those companies had raised both their buying and selling prices for gold bars by VND 1 million per tael, before lowering each by VND 300,000. At the morning close, Phú Quý quoted SJC bars at VND 138.2 million per tael for buying and VND 141.7 million for selling, with both prices up VND 700,000 from the November 7 close. Gold bar quotes across dealers generally rose about 0.49%, less than the 1.2% increase in the global gold price over the same period.

Prices for pure gold rings also rose broadly, by about VND 700,000 to VND 1 million per tael depending on the dealer. At the morning close, Phú Quý quoted pure gold rings at VND 138.2 million to VND 141.2 million per tael; PNJ quoted VND 136.8 million to VND 141 million, leaving a buying and selling price gap of VND 4.2 million per tael, the widest among the dealers cited that morning.

As of 1 p.m. Vietnam time on November 9, the international spot gold price was up 1.2% at USD 4,119.4 per ounce. Using the Vietcombank exchange rate and including taxes and fees, the gap between Vietnam’s SJC gold bar price and the global gold price was about VND 12.6 million per tael.

Source: VietVance