On October 4, 2026, gold prices in Vietnam have taken a downward turn, mirroring global trends and resulting in considerable losses for buyers. The price for gold bars at SJC Company was recorded at 140.5 million VND for buying and 143.5 million VND for selling, marking a decrease of 900,000 VND compared to the previous week. This translates to a loss of 3.9 million VND per gold bar for buyers over the past week.

Similarly, the price of 9-carat gold rings at SJC also dropped by 900,000 VND, with buying prices at 140 million VND and selling prices at 143 million VND. Buyers of SJC gold rings have incurred the same loss of 3.9 million VND per ring. The decline in gold prices has led to significant financial setbacks for many investors.

At Doji, the price for gold rings was recorded at 139.5 million VND for buying and 143.5 million VND for selling, reflecting a drop of 2 million VND from the previous week. Bảo Tín Minh Châu also saw a reduction of nearly 2 million VND, with buying prices at 139.5 million VND and selling prices at 143.5 million VND. The buying-sell margin for these companies remains at 4 million VND, resulting in losses of up to 5 million VND per ring for buyers over the past week.

Comparing to two weeks ago, when SJC gold bars were sold at 147.6 million VND per bar, buyers have faced total losses exceeding 7 million VND. Those who purchased gold rings from companies like Doji and Bảo Tín Minh Châu have experienced losses of up to 8.5 million VND per ring after half a month.

On the global market, gold prices have fallen to 4,139.8 USD per ounce, a drop of over 144 USD from the previous week. The precious metal's continuous decline is attributed to persistent inflation concerns and rising U.S. Treasury yields. Despite a significant drop in employment data reducing expectations, few experts predict a recovery in gold prices for the upcoming week.

A survey conducted by Kitco News among 13 Wall Street analysts revealed that only 3 analysts, or 23%, expect gold to rebound, while 6 analysts, representing 46%, believe the metal will continue to decline. Additionally, 4 analysts, accounting for 31%, predict further decreases in gold prices.

Conversely, many individual investors are optimistic about a potential recovery in gold prices. An online survey by Kitco attracted 182 individual investors, with 85 participants (47%) anticipating an increase in gold prices next week. In contrast, 60 participants (33%) expect a continued decline, while 37 participants (20%) predict prices will remain stable.