On the evening of September 7, the price of SJC gold bars was listed by large enterprises at 133.9 million VND/tael for buying and 135.4 million VND/tael for selling, stable compared to yesterday.
Similarly, the price of 99.99% gold rings and jewelry gold is also listed at around VND127.7 million/tael for buying and VND130.2 million/tael for selling, stable compared to yesterday. The difference between SJC gold bars and gold rings has widened to over VND5 million/tael.
Meanwhile, in the free market, the price of SJC gold bars has had unexpected developments. Some small gold shops in Ho Chi Minh City listed the price of SJC gold bars at 135 million VND/tael for buying and 138 million VND/tael for selling, down 2 million VND compared to the morning and losing a total of about 5.5 million VND in just one day.
Gold bar prices continued to fall sharply in the free market, the difference between buying and selling prices widened to 3 million VND/tael.
SJC gold bar price forecast may decrease further
According to analysts, gold shops have proactively lowered gold buying and selling prices following the Prime Minister ’s directive requiring authorities to intervene and prevent manipulation of the gold market. Analysts predict that domestic gold prices may continue to decline in the next few days.
In the international market, the price of gold today closed the week at 3,587 USD/ounce, an increase of 139 USD compared to last week (equivalent to an increase of 4.4 million VND). The world gold price reached its highest level ever, affecting the increase in domestic gold price.
The price of SJC gold bars on the free market continues to decrease.
At the recent regular Government press conference in August 2025, Deputy Governor of the State Bank Pham Thanh Ha said that the State Bank will closely coordinate with the Ministry of Public Security , the Government Inspectorate and relevant agencies to immediately implement the Prime Minister's direction on gold market management, ensuring compliance and strict implementation of legal regulations.
As reported by Nguoi Lao Dong Newspaper, on September 6, Prime Minister Pham Minh Chinh chaired the regular August Government meeting to discuss and evaluate the socio-economic situation in August and the first 8 months of 2025 and a number of other important contents.
The Prime Minister said that he has directed the relevant agencies to take action to rectify the situation and prevent manipulation of the gold market. The State Bank Inspectorate must also take an active role, and if necessary, the Government Inspectorate must take action to examine the phenomenon of hoarding, price gouging, and market manipulation.
Source: https://nld.com.vn/toi-nay-7-9-gia-vang-mieng-sjc-tren-thi-truong-tu-do-giam-tiep-19625090718225353.htm
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