Plain gold ring price increased, SJC gold up to 87.5 million VND per tael

At the end of the session on January 21, the price of gold bars at SJC closed at 85.5-87.5 million VND/tael (buy - sell), an increase of 600,000 VND in both buying and selling compared to the end of yesterday's session.

At the end of the session, the price of SJC gold rings of 1-5 chi was listed at 85.2-86.9 million VND/tael (buy - sell), an increase of 600,000 VND in both buying and selling compared to the end of yesterday's session.

The price of 9999 gold rings at Doji closed the session at 85.75-87.2 million VND/tael, an increase of 1.35 million VND per tael for buying and 1.2 million VND per tael more expensive for selling compared to the end of yesterday's trading session.

This afternoon, the world gold price reversed and went down. At 2:32 p.m. today (January 21, Vietnam time), the world spot gold price was at 2,718.1 USD/ounce, down 7.5 USD/ounce compared to this afternoon.

This afternoon, the world gold price far exceeded the 2,700 USD/ounce mark. At 11:30 today (January 21, Vietnam time), the world spot gold price was at 2,725.6 USD/ounce, up 15.2 USD/ounce compared to early this morning.

Meanwhile, domestic gold ring prices this afternoon were still adjusted up by some brands.

This afternoon, Doji Gold and Gemstone Group raised the buying and selling price of 9999 gold rings to 85.75-87.2 million VND/tael, an increase of 450,000 VND per tael for buying and 300,000 VND per tael more expensive for selling compared to this morning.

Similarly, the price of SJC gold rings of 1-5 chi was adjusted up to 85.2-86.9 million VND/tael (buy - sell), an increase of 100,000 VND per tael in both buying and selling compared to the listed price this morning.

Early this afternoon, the price of 9999 gold SJC's price continued to be adjusted up by 100,000 VND/tael in both buying and selling compared to the morning, to 85.5-87.5 million VND/tael (buying - selling).

Domestic gold prices this morning were continuously adjusted up.

Gold ring price Domestic gold prices this morning were adjusted to increase sharply by brands following world gold prices.

Saigon Jewelry Company (SJC) early this morning raised the price of 1-5 tael gold rings to 84.9-86.6 million VND/tael (buy - sell), an increase of 300,000 VND per tael in both buying and selling compared to yesterday's closing price.

At 9:13, Saigon Jewelry Company (SJC) increased the price of 1-5 tael gold rings to 85-86.7 million VND/tael (buy - sell), an increase of 100,000 VND per tael in both buying and selling compared to early this morning.

At 10:50 a.m., the price of SJC gold rings of 1-5 chi was raised to 85.1-86.8 million VND/tael (buy - sell), an increase of 100,000 VND per tael in both buying and selling.

Doji Gold and Gemstone Group also raised the buying and selling price of 9999 gold rings to 84.9-86.5 million VND/tael early this morning, an increase of 500,000 VND per tael in both directions compared to yesterday's closing price.

At 11:05, Doji Gold and Gemstone Group increased the buying and selling price of 9999 gold rings to 85.3-86.9 million VND/tael, an increase of 500,000 VND per tael in both directions compared to yesterday's closing price.

SJC and Doji gold ring price list updated afternoon of January 21

Opening the trading session on January 21, the price of SJC 9999 gold increased by 100,000 VND/tael in both buying and selling compared to the closing price yesterday, up to 85.2-87.2 million VND/tael (buying - selling).

At 10:50 a.m., Saigon Jewelry Company (SJC) increased the price of 9999 gold to 85.4-87.4 million VND/tael (buy - sell), an increase of 200,000 VND per tael in both buying and selling compared to early this morning.

The price of 9999 gold was listed by Saigon Jewelry Company Limited (SJC) at 3:39 p.m. and the price of 9999 gold was listed by Doji Jewelry Group at 5:45 p.m. as follows:

SJC and Doji gold bar price list updated on the afternoon of January 21

On the morning of January 21, the world gold price converted to USD bank price was over 84.1 million VND/tael, including tax and fees, about 2.9 million VND/tael lower than the domestic gold price.

Gold price on Kitco floor at 9:00 p.m. (January 20, Vietnam time) was trading at 2,671.9 USD/ounce, up 0.26% compared to the beginning of the session. Gold futures price for February 2025 delivery on Comex New York floor was trading at 2,745.5 USD/ounce.

At the beginning of the trading session on January 20 (US time), the world gold price increased slightly due to cautious sentiment before the inauguration of Mr. Donald Trump as the 47th President of the United States. Investors are expecting gold to be a safe haven when political instability occurs right after the new owner of the White House. The new president's decisions signed immediately after taking office will affect the direction of gold in the coming time.

Experts say investors are most concerned about decisions related to import taxes on goods into the US, which will help the USD increase sharply, causing gold to lose momentum.

Kevin Grady, president of Phoenix Futures and Options, said that gold is supported by many factors. In the past, gold has been supported by demand from investors and central banks and this will not change. He is optimistic that the target of $ 3,000 / ounce this year is completely achievable.

In the short term, Grady said it is difficult to determine the direction of gold prices because it depends a lot on Mr. Trump's tariff policy.

Marc Chandler, CEO of Bannockburn Global Forex, predicts gold prices will hit a new record high in 2025 as the People's Bank of China continues to buy, and lower US interest rates could encourage investors to enter the gold market.

Michael Langford, chief investment officer at Scorpion Minerals, said the increased uncertainty from the new administration and its policies is making gold an attractive short-term trade. He predicted that gold prices could reach $3,200 an ounce this year.

According to Ross Norman, CEO of Metals Daily, the average spot gold price is $2,888/ounce in 2025, with a high of $3,175/ounce and a low of $2,630/ounce.

Analysts from CPM Group - a large global commodity research and asset management group - predict that gold prices will reach $2,800/ounce in the short term and advise market participants to buy when prices fall.