Vietnam Gold Prices Fall by 1 Million Dong per Tael on November 12
On the morning of November 12, Vietnam’s domestic SJC gold price fell by 1 million dong per tael from the previous day’s close. In Hanoi, the buying and selling prices were 136 million and 139 million dong per tael, respectively. International gold prices also continued to decline.
On the morning of November 12, domestic gold prices in Vietnam fell by 1 million dong per tael from the November 11 close. At 8:40 a.m., Saigon Jewelry One Member Limited Liability Company quoted SJC gold at 136 million dong per tael for buying and 139 million dong per tael for selling. The Hanoi market quotes updated at 8:47 a.m. were the same.
SJC gold price table for the morning of November 12.（VietVance）
The domestic gold price information for that day also includes a price table from Phu Quy Gold Investment Joint Stock Company, although the article text does not give the company’s specific prices. Both companies’ tables reflect the market on the morning of November 12. The SJC prices confirmed in the text are separate buying and selling quotes.
Gold price table from Phu Quy Gold Investment Joint Stock Company for the morning of November 12.（VietVance）
International gold prices continued to fall during the November 11 trading session. At 1:51 a.m. Vietnam time on November 12, spot gold fell 1.1% to US$3,986.79 per ounce. U.S. gold futures for December 2026 delivery closed down 0.7% at US$4,000.50 per ounce; gold had previously fallen 3% during the November 10 trading session.
Higher-than-expected U.S. inflation data and hawkish remarks by Federal Reserve officials strengthened the dollar and increased the likelihood of a larger interest rate increase the following month. International gold prices declined amid these developments, while domestic SJC quotes in Vietnam were also lower on the morning of November 12 than at the previous day’s close.
Source: VietVance
