On the morning of 10/3, Saigon Jewelry Company (SJC) listed gold bar prices at 182,5 - 185,5 million dong, an increase of 1,2 million dong per tael compared to yesterday's closing. Other brands made similar adjustments.

SJC also raised the price of plain gold rings by an additional 1,4 million dong, reaching 182,2 - 185,2 million dong per tael. PNJ traded these items around 182,5 - 185,5 million dong.

Buy and sell prices for plain round rings at Bao Tin Minh Chau and Bao Tin Manh Hai were 200,000 - 400,000 dong per tael higher than other brands, reaching 182,7 - 185,7 million dong and 182,9 - 185,9 million dong, respectively.

Currently, major domestic brands are once again limiting the daily quantity of gold rings and bars sold. For silver bars, consumers often queue early and receive delivery appointments several months later.

Domestic gold prices increased in line with international trends, with each ounce currently up 31 USD to 5,181 USD. Converted at Vietcombank's exchange rate, world gold is equivalent to over 164 million dong per tael, representing a difference of about 21 million dong compared to domestic prices.

Analysts suggest gold may still experience corrections as the Middle East conflict continues. In the medium term, VNDirect Securities indicates that the precious metal also benefits from a decreasing reliance on the USD and central banks' efforts to diversify reserves, particularly within the BRICS bloc. Furthermore, the substantial US budget deficit and public debt also contribute to pushing the price of this precious metal higher.

Silver ingot and silver bar prices also increased by 7% compared to yesterday. Phu Quy Gold Investment Joint Stock Company listed silver at 3,34 - 3,45 million dong per tael, equivalent to 89,3 - 92 million dong per kg. Ancarat traded silver bars around 3,33 - 3,43 million dong per tael, while DOJI's prices ranged from 3,36 - 3,47 million dong.

Trong Hieu