At the end of September 3, stores pushed the price of SJC gold bars to a shocking increase.

At the end of September 3, SJC gold bar prices were listed by large enterprises such as SJC, DOJI , and PNJ at 131.9 million VND/tael for buying and 133.4 million VND/tael for selling - stable compared to the morning and up nearly 3 million VND/tael compared to the previous day.

At the same time, some small gold shops pushed the price of SJC gold up to 135.5 million VND/tael for buying and 136.5 million VND/tael for selling - an increase of 1.5 million VND compared to the morning. In just 1 day, each tael of gold bar was pushed up by 2.6 million VND/tael by the shops.

This is the highest price of SJC gold bars recorded to date - surprising even the most optimistic people. Previously, the price of SJC gold bars was predicted to reach 130 million VND/tael this year. However, in early September, the market recorded the price of SJC gold bars surpassing 136 million VND/tael.

Cuối ngày 3-9, cửa hàng nhỏ đẩy giá vàng miếng SJC tăng sốc - Ảnh 1. — The price of SJC gold bars and gold rings are both at historical peaks.

Since the beginning of the year, holders of SJC gold bars have made a profit of over 50 million VND/tael.

Meanwhile, the price of 99.99% gold rings and jewelry gold is listed at 125.5 million VND/tael for buying and 128 million VND/tael for selling - an increase of 3 million VND/tael compared to yesterday.

SJC gold bar price skyrocketed following world price

The domestic gold market continued to increase dramatically following the world gold price jump. By the end of September 3 - Vietnam time, the world gold price continued to jump to 3,549 USD/ounce, an increase of more than 10 USD compared to the morning. In just 1 session, each ounce of gold increased by about 70 USD, equivalent to about 2.3 million VND.

However, the increase in domestic gold prices is still stronger than that in the world, causing the gap to widen. Currently, the world gold price converted according to the exchange rate listed at commercial banks is about 113.4 million VND, about 20 million VND/tael lower than SJC gold bars.

Some international financial institutions predict that the world gold price may continue to increase in the short term, reaching 3,675 USD/ounce in the fourth quarter of 2025 (according to JP Morgan) or 3,700 USD/ounce (according to Goldman Sachs).

However, Dr. Nguyen Tuan Anh, a finance lecturer at RMIT University Vietnam, said that gold prices could adjust if the US Federal Reserve (FED) cuts interest rates slowly or geopolitical tensions ease. In the long term, gold prices are forecast to reach $4,000/ounce by 2026.