Saigon Jewelry Company (SJC) early this morning raised the price of 1-5 chi gold rings to 83.3-84.6 million VND/tael (buy - sell), an increase of 1.1 million VND per tael for buying and 600 thousand VND per tael more expensive for selling compared to the closing price of the trading session before the 2025 New Year holiday, December 31, 2024.

Similarly, Bao Tin Minh Chau Company also increased the price of Thang Long Dragon gold rings to 83.7-84.8 million VND/tael (buy - sell), an increase of 1.1 million VND/tael in the buying direction and an increase of 600 thousand VND per tael in the selling direction compared to the closing price of the trading session on December 31, 2024.

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Gold ring prices increase sharply. Photo: Chi Hieu

This morning, Doji Gold and Gemstone Group also increased the price of 9999 gold rings to 84-84.8 million VND/tael (buy - sell), an increase of 700 thousand VND per tael for buying and 600 thousand VND per tael more expensive for selling compared to the closing price on December 31, 2024.

Phu Nhuan Jewelry Company (PNJ) raised the price of gold rings to 83.9-85 million VND/tael, an increase of 500 thousand VND/tael in buying price and 800 thousand VND/tael more expensive in selling price compared to the closing price on December 31, 2024.

Thus, in just one night, the domestic ring gold price of some brands increased by more than 1 million VND/tael in the buying direction. The selling direction of the ring gold price of some brands has reached 85 million VND/tael.

Buy (VND/tael) Sell ​​(VND/tael)
SJC 83,300,000 84,600,000
Doji 84,000,000 84,800,000
PNJ 83,900,000 85,000,000
Thang Long Dragon Gold 83,700,000 84,800,000

Domestic gold ring price list morning of January 2

Following the same trend, domestic gold bar prices today were also adjusted to increase sharply.

Opening today's trading session, the price of gold bars at SJC increased by 1.1 million VND per tael for buying and 600 thousand VND per tael more expensive for selling compared to the closing session on December 31, 2024, up to 83.3-84.8 million VND/tael (buying - selling).

At 9:26 am, the price of gold bars at SJC was adjusted up to 83.5-85 million VND/tael (buy - sell).

Thus, within more than 1 hour this morning, the price of gold bars at SJC was adjusted to increase by 1.3 million VND per tael for buying and 800 thousand VND per tael more expensive for selling.

The price of gold bars and gold rings at SJC is currently the same for buying. On the selling side, the price of gold rings at SJC is only 200,000 VND per tael lower than that of gold bars.

Gold price today January 2, 2025: SJC gold bars and plain rings increased by more than 1 million VND . Gold price today January 2, 2025 increased sharply by more than 1 million VND (buy) with SJC gold bars, plain rings also costing 600,000-700,000 VND more per tael. The selling price of gold rings is equal to that of gold bars. World gold prices are optimistic in the first session of the new year.