On the morning of 26/1, domestic gold and silver prices rose across brands, following global trends. After officially surpassing the 100 USD per ounce mark, the world silver price continued to trade at a high of 107 USD per ounce at 9h this morning, Hanoi time.

Domestically, silver bars and ingots traded at a record high above 4 million VND per tael. Phu Quy Gold Investment Joint Stock Company this morning listed silver bar prices at 4,06 - 4,19 million VND per tael. At Sacombank - SBJ Company, silver bar prices were listed at 4,06 - 4,16 million VND per tael; if traded by kg, this equates to 108,3 - 111 million VND per kg.

In less than one month, each tael of silver bar increased by over one million VND, equivalent to over 35%, overshadowing gold's price increase. Experts note that silver prices typically fluctuate more sharply than gold prices; therefore, investors need to assess risks before investing. Currently, brands do not have spot silver bars available, and buyers receive appointment slips for delivery in a few months.

Regarding gold bars, this morning, Saigon Jewelry Company (SJC) listed prices at 174,5 - 176,5 million VND per tael, an increase of over two million VND compared to last weekend. Other brands also raised gold bar prices accordingly.

Plain rings also saw an increase by SJC this morning, reaching 173 - 175,5 million VND per tael. DOJI Gold and Gems Group traded plain rings at 170 - 173 million VND, while Bao Tin Minh Chau listed them at 173,5 - 176,5 million VND per tael.

In the international market, spot gold prices opened the week up nearly 100 USD, reaching a new record of over 5,080 USD per ounce. The difference between domestic and international gold bar prices is currently hovering around 14 million VND per tael.

Quynh Trang