Gold prices have surged, reaching nearly 89 million VND per tael.

Domestic gold prices today, February 2nd, surged to nearly 89 million VND per tael after global gold prices repeatedly set records during the Tet holiday.

Gold prices surged, reaching nearly 89 million VND per tael - Photo: THANH HIEP

Gold prices are approaching 89 million VND per tael.

The selling price of SJC gold bars listed at SJC Company today increased to 88.8 million VND/ounce, while the buying price remained at 86.8 million VND/ounce.

Compared to before the Lunar New Year holiday, the price of SJC gold bars has increased by 700,000 VND/ounce for both buying and selling.

Meanwhile, the price of 9999 gold rings at SJC Company increased by 200,000 VND/ounce compared to before the Lunar New Year, selling at 88 million VND/ounce and buying at 86.3 million VND/ounce.

At PNJ Company, the buying and selling prices of SJC gold bars also increased to 88.8 million VND/ounce (selling price) and 86.8 million VND/ounce (buying price).

Notably, the price of plain 9999 gold rings at PNJ Company increased sharply to 88.1 million VND/ounce for buying and 86.6 million VND/ounce for selling.

Bao Tin Minh Chau company is listing the selling price of gold rings at 88.9 million VND/ounce, while the buying price is 86.6 million VND/ounce.

DOJI also raised the selling price of SJC gold bars to 88.9 million VND/ounce, while the buying price increased to 86.9 million VND/ounce.

For 9999 gold rings, DOJI Company lists the selling price at 88.1 million VND/ounce and the buying price at 86.6 million VND/ounce.

Will gold prices continue to rise next week?

Yesterday, world gold prices closed at an all-time high: 2,801.2 USD/ounce.

At the current price, converted using the exchange rate listed at banks, the world gold price is equivalent to 85.44 million VND per tael.

Gold prices surged dramatically and repeatedly set records right at the beginning of the new year, catching investors by surprise.

Expert Tran Duy Phuong believes that with the current closing price, the world gold price has not yet peaked, meaning that the world gold price is likely to continue rising at the beginning of next week.

Global gold prices rose due to increased demand for safe-haven assets from investors as US President Donald Trump's tariff plans heightened concerns about economic growth and inflationary pressures worldwide.

Investors are concerned that the world is about to enter a new trade war and that inflationary pressures are increasing globally.

Please follow the developments of domestic gold prices here.

Source: https://tuoitre.vn/gia-vang-tang-thang-dung-len-sat-89-trieu-dong-luong-20250202190831817.htm