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Vietnam gold prices fall 27.6 per cent from peak

SJC gold bars were selling at ₫139 million per tael, while international gold closed at US$3,876.4 per ounce, its lowest level in a year.

By Nadia Hassan

Gold bars and silver bullion on a plain surface
Photo: Tuoi Tre News

Gold in Vietnam has fallen to ₫139 million per tael from a high of ₫192 million, a decline of 27.6 per cent. SJC's gold bar selling price was ₫4 million below the weekly high recorded on October 29, with its buying price at ₫136 million per tael.

Dealers have increased the gap between purchase and sale prices to limit their exposure to volatility, with some spreads reaching ₫4 million per tael. For gold rings, SJC quoted ₫131.8 million per tael to buy and ₫135.8 million to sell. DOJI's corresponding prices were ₫133.8 million and ₫137.8 million.

International gold ended the week's final trading session at US$3,876.4 per ounce after losing US$146, or 3.64 per cent. That was its weakest level in a year. The metal has declined around 30 per cent from its January 2026 high of US$5,600 per ounce.

Silver also weakened, falling 5.84 per cent globally to US$49.25 per ounce, an 11-month low. In Vietnam, Ancarat's buying and selling quotes were ₫1.603 million and ₫1.656 million per tael, respectively, its lowest prices in several months. Phu Quy quoted ₫1.606 million to buy and ₫1.656 million to sell.

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