On the evening of September 7th, the price of SJC gold bars was listed by major businesses at 133.9 million VND/ounce for buying and 135.4 million VND/ounce for selling, remaining stable compared to yesterday.
Similarly, the price of 99.99% pure gold rings and jewelry is also listed around 127.7 million VND/ounce for buying and 130.2 million VND/ounce for selling, stable compared to yesterday. The difference between SJC gold bars and gold rings has widened to over 5 million VND/ounce.
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, a decrease of 2 million VND compared to the morning and a total loss of about 5.5 million VND in just 1 day.
Gold bar prices continue to fall sharply in the free market, the difference between buying and selling prices has widened to 3 million VND/tael.
SJC gold bar price forecast may decrease further
According to analysts, gold shops have proactively lowered their buying and selling prices following the Prime Minister 's directive for relevant agencies to intervene and prevent manipulation of the gold market. Analysts predict that domestic gold prices may continue to fall in the coming days.
On the international market, gold closed the week at $3,587 per ounce, an increase of $139 compared to last week (equivalent to an increase of 4.4 million VND). The world gold price has reached an all-time high, impacting the upward trend of gold prices in Vietnam.
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 in managing the gold market, ensuring compliance with and strict implementation of legal regulations.
As reported by Nguoi Lao Dong Newspaper, on September 6th, Prime Minister Pham Minh Chinh chaired the regular August Government meeting to discuss and assess the socio-economic situation in August and the first eight months of 2025, as well as other important issues.
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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