On 31/12, Sai Gon Jewelry Company (SJC) listed gold bar prices at 150,8 - 152,8 million dong per tael, a drop of 1,9 million dong from the previous day. Other major brands made similar adjustments. Overall, gold prices have fallen by more than 5 million dong over the past two days.

SJC's plain gold rings also saw a similar decline, with prices now at 145,9 - 148,9 million dong per tael.

PNJ and Doji quoted these items at a higher range of 149 - 152 million dong. Bao Tin Minh Chau offered the highest prices for plain rings among businesses, ranging from 152 - 155 million dong.

Domestic gold prices mirrored the downward trend of international markets. Spot gold decreased by 11,4 USD per ounce, settling around 4.333 USD. When converted using Vietcombank's exchange rate, global gold prices equate to 117,8 million dong, creating a gap of over 15 million dong compared to domestic rates.

Government Decree 340/2025, effective 9/2/2026, stipulates fines of 10-20 million dong for individuals who buy or sell gold valued at 20 million dong or more without using a bank transfer. The decree also imposes similar penalties for individuals trading gold bars with unlicensed banks or businesses.

Silver ingot and bar prices also fell. Phu Quy Gold Investment Joint Stock Company quoted these items at 2,72 - 2,80 million dong per tael, marking a 3% reduction. Sacombank - SBJ Company's trading prices for these items ranged from 2,79 - 2,86 million dong.

Trong Hieu