Vietnamese gold ring prices fall by as much as 2 million dong in a day
On November 11, several Vietnamese companies cut gold prices. SJC gold bar buying and selling prices generally fell by 1.4 million dong per tael from the previous day, while 9999 gold rings fell further, with some brands cutting both prices by 2 million dong per tael. Quotes at several companies remained unchanged as of 2 p.m.
Vietnamese gold prices continued to fall on November 11, 2026. SJC, DOJI, PNJ and other companies quoted SJC gold bars at 136.5 million dong per tael to buy and 139.5 million dong per tael to sell. As of 2 p.m., the quotes were unchanged, with both prices down 1.4 million dong per tael from the November 10 close.
Domestic gold prices in Vietnam fell.（VietVance）
The declines were larger for 9999 gold rings. At most companies, buying and selling prices fell by 900,000 to 2 million dong per tael from the November 10 close. At DOJI, 9999 gold rings were quoted at 135.2 million dong per tael to buy and 139.2 million dong per tael to sell as of 2 p.m. on November 11, down 2 million dong per tael on both sides. PNJ cut both its gold ring buying and selling prices by 1.4 million dong per tael.
Gold bar buying and selling quotes at various companies on November 11, compiled from company price lists.（VietVance）
Gold bar quotes also varied among companies. Phú Quý quoted SJC gold bars at 136.5 million dong per tael to buy and 139.5 million dong per tael to sell. Its buying price fell by 900,000 dong per tael and its selling price by 1.4 million dong per tael, narrowing the spread to 3 million dong per tael.
The U.S. Labor Department reported that the Consumer Price Index rose 0.4% month on month in October, above the 0.3% forecast by economists surveyed by Reuters. Expectations that the Federal Reserve would continue tightening monetary policy increased. After falling nearly 3% on November 10, international spot gold rebounded by more than 0.7% to around $4,060 per ounce as of 2 p.m. Vietnam time on November 11.
Source: VietVance
