On the morning of 25/2, Saigon Jewelry Company (SJC) listed gold bar prices at 182,3 - 185,3 million dong, an increase of 700,000 dong from yesterday. This is the highest level the precious metal has reached since early February. Other brands made similar adjustments.

SJC also increased the price of plain gold rings by an additional 700,000 dong per tael, reaching 181,8 - 184,8 million dong. PNJ traded these items around 182,2 - 185,2 million dong. Plain round rings at Bao Tin Minh Chau and Bao Tin Manh Hai were slightly higher, by 100,000 dong, priced at 182,3 - 185,3 million dong.

With Than Tai day (God of Wealth day) approaching, public demand for gold has surged. At gold retailers in Hanoi, including Bao Tin Minh Chau and Bao Tin Manh Hai, many customers waited for extended periods to complete their transactions and purchase gold, hoping for good fortune in the new year.

VnExpress statistics show that over the past 10 years, gold price movements around Than Tai day (before, during, and after) have followed a consistent pattern. Prices typically rise before Tet, then stabilize and increase on Than Tai day, with a 60% probability. The market may then experience some adjustments.

Truong Quang Dat, Chief of Staff of the Board of Directors at Bao Tin Manh Hai, stated that gold prices this Than Tai season are "volatile and difficult to predict accurately in the short term". The company advises customers to exercise caution and closely monitor price movements before making purchasing decisions, rather than engaging in short-term speculation.

Customers wait to complete their purchases at a gold shop in Hanoi on the morning of 25/2. Photo: Trong Hieu.

Domestic gold prices are rising in line with global increases. As of 10 h, the world spot gold price increased by nearly 40 USD, reaching 5,181 USD per ounce. Converted at Vietcombank's exchange rate, world gold is equivalent to over 163 million dong per tael, a difference of 22 million dong compared to domestic prices. This gap is lower than the 23 million dong difference observed before Tet.

The market rebounded after a sharp decline the previous day, as investors flocked to the safe-haven metal. This occurred as traders considered uncertainties surrounding US tariff policy after a court rejected a policy enacted by President Donald Trump.

Domestic silver bars and ingots also increased by 1,5%. Phu Quy Gold Investment Joint Stock Company listed these items at 3,35 - 3,46 million dong per tael. Converted to kilograms, silver ingots are priced at 89,4 - 92,2 million dong.

Ancarat and Doji also traded this metal at similar prices to Phu Quy, while Sacombank - SBJ listed it at 3,45 - 3,55 million dong.

Trong Hieu