At 10am on April 22, Saigon Jewelry Company (SJC) listed gold bar prices at 120.5-122.5 million VND per tael.

The prices of SJC-branded gold bars have surged by 2.6 million VND (102.5 USD) per tael since the beginning of 2025.

The Investigation Police Agency under the Ministry of Public Security (MPS) has officially launched a probe into six individuals at the Saigon Jewellery Company Limited (SJC) for the charges of embezzlement and abuse of positions and power while performing duties.

Long queues of gold buyers were no longer seen in front of designated sites of four State-owned commercial banks on June 17 morning.

The narrowing of the gap between domestic and global gold prices may further pull down the selling price of SJC-branded gold bullion of state-owned commercial banks and Saigon Jewelry Company (SJC) in the near future, Dao Xuan Tuan, Director General of the State Bank of Vietnam (SBV)'s Foreign Exchange Management Department, has said.

The State Bank of Vietnam (SBV) announced on June 3 that the selling price of SJC-brand is 78.98 million VND (3,108 USD) per tael.

Gold prices fell last weekend after remaining high for a week, and experts attributed the fall to the Government’s instruction on conducting a specialised inspection of the market.

After setting a new record high of 86 million VND (3,400 USD) per tael on May 6, SJC-branded gold prices further rose on May 7.

Gold prices reached a historic peak last week after consecutive auction sessions held by the State Bank of Vietnam (SBV) were met with lukewarm enthusiasm.

The State does not encourage the trading of gold bars, protect their prices, nor accept too large differences between domestic and global gold prices, and between SJC and other types of gold bars, said Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.

Vietnam’s gold prices saw a historic one-day fall on July 18, going down by 4 million VND (170 USD) a tael.

Local gold prices soared to hit 47.7 million VND (2,053 USD) per tael (1,703.7 USD per ounce) on March 6.

Domestic gold prices soared to an eight-year high on February 24, reaching 49.4 million VND (2,128.66 USD) per tael (1,766.4 USD per ounce).

The domestic gold price soared yesterday while global prices hit a seven-year peak amid the ongoing novel coronavirus outbreak.

Gold price witnessed a gradual decrease following an initial high during the session of February 6, eventually becoming constant at 37 million VND (1,666 USD) per tael (1.2 oz).

Domestic gold prices have dropped almost 2 million VND per tael (1 tael = 37.5 grammes) on July 7 compared to the peak one day earlier.

Sophisticated handmade jewellery made with gold, diamonds and rare natural precious stones are being displayed at the HCM City-based Saigon Jewelry Company (SJC)'s headquarters from April 20 – 26.

Gold shops around the country are scrambling to stockpile bullion and jewellery to take advantage of the massive demand that is expected on the 10th day of the lunar year, Than Tai (God of Wealth) Day

Gold prices dropped 110,000 VND (4.9 USD) from the beginning of this week in the local market, while the global gold prices fell to their lowest level since 2010 on November 13.

Gold prices went down 150,000 VND (6.7 USD) per tael or 37.5 gm in the local market on October 20 from last week's rate.