Gold bar price increased by 1 million VND, up to 135.4 million VND/tael

Domestic and international gold prices continue to reach new highs.

At the opening of trading on September 6th, SJC gold bars were listed by businesses at 133.9-135.4 million VND/ounce (buy - sell), an increase of 1 million VND/ounce in both buying and selling prices. This also marks a new record high for this commodity. The difference between the buying and selling prices remained at 1.5 million VND/ounce.

Meanwhile, the listed price of gold rings remained unchanged at the record high of 126.7-129.2 million VND/ounce (buy - sell) set on September 5th.

Long queues of people buying gold have occurred as the price of the precious metal has surged in recent days. However, demand continues to exceed supply. According to observations by a reporter from Dan Tri newspaper, most large stores sold out of plain gold rings by around 10 am when they opened in the morning. Gold bars are no longer being sold directly by these stores.

Domestic gold prices are rising in line with global gold prices. On the international market, the precious metal is trading around $3,600 per ounce, its highest level ever. In just the past month, the precious metal has increased by 6%. Over the past year, it has risen by 42%.

Gold prices rose after US economic data showed unfavorable signs. According to the Bureau of Labor Statistics, US non-farm payrolls increased by only 22,000 jobs last month. This figure is significantly lower than general forecasts, as economists had expected a job increase of around 75,000.

At the same time, the unemployment rate continued to rise, reaching 4.3%, up from 4.2% in July. The increase in the unemployment rate was in line with general forecasts. This data further confirms predictions that the Federal Reserve (Fed) will cut interest rates this month.

The free market USD price rose sharply.

At the close of trading on September 5th, the State Bank of Vietnam announced the central exchange rate at 25,248 VND, unchanged from the previous day. With a 5% margin relative to the central rate, commercial banks are permitted to buy and sell USD within the range of 23,986-26,510 VND.

Major banks continue to quote the USD exchange rate at 26,190-26,510 VND (buy - sell). The USD exchange rate at joint-stock banks is 26,150-26,510 VND (buy - sell). All institutions are quoting the USD at the maximum rate.

In the free market, foreign exchange bureaus listed the buying and selling price of USD at 26,800-26,900 VND (buy - sell), unchanged from yesterday, which is also a record high for the "black market" USD.

Source: https://dantri.com.vn/kinh-doanh/gia-vang-mieng-tang-1-trieu-dong-len-1354-trieu-dongluong-20250906002444119.htm