On the morning of 13/12/2025, Saigon Jewelry Company (SJC) listed gold bar prices at 154,3 - 156,3 million VND, an increase of 900,000 VND compared to yesterday, marking an all-time high. The spread between the buying and selling prices was 2 million VND.

Other major gold retailers also adjusted their prices upwards, with PNJ, Doji, and Bao Tin Minh Chau mirroring SJC's increases. Meanwhile, Asia Commercial Bank (ACB) traded its proprietary brand of gold bars at 154,5 - 156 million VND.

Prices for plain gold rings also saw significant increases. SJC raised its plain ring prices by 600,000 VND from yesterday, reaching 151,1 - 153,6 million VND. PNJ and Doji quoted selling prices for this item 900,000 VND higher than SJC, ranging around 151,5 - 154,4 million VND. Bao Tin Minh Chau listed the highest prices for gold rings among all brands, at 152,5 - 155,5 million VND.

The surge in domestic gold prices mirrored a rise in international markets. At the close of trading on 12/12/2025, spot gold prices climbed nearly 20 USD, reaching 4,298 USD per ounce. Converted using Vietcombank's exchange rate, international gold was equivalent to 136,8 million VND, creating a disparity of nearly 20 million VND compared to domestic prices.

This international increase followed the Federal Reserve's recent interest rate cut. On 10/12/2025, the US Federal Reserve (Fed) reduced interest rates by 0,25%, bringing them to 3,5-3,75%. The Fed also signaled caution regarding further cuts, pending new data. Following this decision, gold prices rose for three consecutive sessions, as gold is often a preferred asset for investors in low-interest rate environments.

In contrast to gold, silver prices showed signs of cooling after peaking yesterday. Phu Quy Gold Investment Joint Stock Company listed silver bars and ingots at 2,32 - 2,40 million VND per tael, a decrease of 2,5% compared to yesterday.

Trong Hieu