On November 13, domestic and world gold prices increased in the same direction.
Gold price today November 13: Domestic gold price increased by nearly 2 million to over 154 million VND, in the same direction as world gold price exceeded 4200 USD early this morning.
SJC and ACB gold bar prices
As of 12:00 on November 13, the price of SJC gold bars at Phu Nhuan SJC, DOJI Group, PNJ, Ngoc Tham was listed at 152-154 million VND/tael (buy - sell), an increase of 2.5 million VND/tael in both directions.
The price of SJC gold bars at Bao Tin Minh Chau stores is listed at 152.5-154 million VND/tael (buy - sell), an increase of 2.5 million VND/tael in both directions.
Phu Quy Gold and Gemstone Group listed the price of SJC gold bars at 151-154 million VND/tael (buy - sell), an increase of 2.5 million VND/tael in both directions.
Price of 9999 gold rings at stores
As of 12:00 on November 13, DOJI Group listed the price of gold rings at 150.5-153.5 million VND/tael (buy - sell), an increase of 2.5 million VND/tael in both directions.
Bao Tin Minh Chau listed the price of gold rings at 151.3-154.3 million VND/tael (buy - sell), an increase of 2.5 million VND/tael in both directions.
Phu Quy Gold and Gemstone Group listed the price of gold rings at 150.7 - 153.7 million VND/tael (buy - sell), an increase of 2.5 million VND/tael in both directions.
World gold price
Domestic gold prices increased sharply following the increase in world gold prices. Spot gold at 12:00 on November 13 increased by 100.5 USD/ounce, equivalent to 2.45%, to 4207.74 USD/ounce.
Converted according to the current USD exchange rate at Vietcombank (excluding taxes and fees), the world gold price is equivalent to about 134 million VND/tael, 20 million VND/tael lower than SJC gold bars.
The US Federal Reserve (Fed) is scheduled to meet on December 9-10 to discuss whether to cut interest rates for the third time this year. According to the CME FedWatch tool, the market currently puts a 63% probability on the scenario of the Fed cutting another 0.25 percentage points at this meeting.
US economic data will be released again in the coming days, starting with the October consumer price index (CPI) report – information considered an important factor that could “pave the way” for the US Federal Reserve (Fed) to cut interest rates by another 25 basis points at its December meeting.
The prospect of monetary policy easing has investors expecting the US dollar to weaken in the coming time. This is a favorable factor for the gold market, which usually increases in price when interest rates decrease and the US dollar depreciates. This sentiment has boosted buying power in recent sessions, contributing to the sharp increase in gold prices.
According to a report by the World Gold Council (WGC), global gold demand in the second quarter of 2025 reached a record 1,313 tons. The growth momentum mainly came from strong capital inflows into investment funds and net purchases of about 220 tons from central banks. The context of persistent inflation and geopolitical instability has made gold the top haven for many financial institutions.
