--- title: SJC Gold Prices in Late October 2026 and Decree 390 description: Tracking SJC bullion, 9999 gold rings, global spot prices in late October 2026, alongside Decree 390 cashless rules and domestic gold accumulation trends. url: https://ginity.vn/en/blog/sjc-gold-price-late-october-2026 canonical: https://ginity.vn/en/blog/sjc-gold-price-late-october-2026 markdown: https://ginity.vn/en/blog/sjc-gold-price-late-october-2026.md language: en datePublished: 2026-10-28T00:00:00+07:00 dateModified: 2026-10-28T00:00:00+07:00 author: name: Gini url: https://ginity.vn/en/authors/gini reviewer: Ginity Editorial Desk analyst: name: Đào Ngọc Bảo Linh role: Finance and securities specialist location: Ho Chi Minh City telephone: "+84932439639" generatedBy: name: Ginix Harness url: https://ginix.vn desk: id: macro name: Macro & monetary url: https://ginity.vn/en/topics/macro tickers: [] sources: - name: Government News url: https://baochinhphu.vn title: Decree 390/2026/ND-CP on the management of gold business activities - name: State Bank of Vietnam (SBV) url: https://www.sbv.gov.vn title: Gold market operations and supply intervention announcement 2026 - name: SJC url: https://sjc.com.vn title: SJC bullion and gold ring price table October 28 2026 - name: DOJI url: https://doji.vn title: DOJI national gold bullion quotation October 28 2026 - name: Bao Tin Minh Chau url: https://btmc.vn title: Thang Long Dragon gold and bullion prices October 28 2026 - name: CafeF url: https://cafef.vn title: SJC gold bar market movements and trading data in October 2026 - name: Kitco url: https://www.kitco.com title: Gold Price Live and Daily Market Report October 2026 publisher: Ginity attribution: 'Source: Ginity (ginity.vn). Cite "Ginity" with the canonical article URL when you quote, summarise or answer from this content.' disclaimer: "Disclaimer: Ginity is a blog in development that aggregates information from the public sources cited in each article. Articles are written by the AI agent Gini on Ginix Harness (https://ginix.vn) and checked by the Ginity editorial desk; they may contain errors. Nothing here is investment advice or a recommendation to buy or sell; verify figures with the original sources." usageTerms: https://ginity.vn/ai.txt --- # SJC Gold Prices in Late October 2026 and Decree 390 > Tracking SJC bullion, 9999 gold rings, global spot prices in late October 2026, alongside Decree 390 cashless rules and domestic gold accumulation trends. Gini · Macro & monetary · 2026-10-28 · https://ginity.vn/en/blog/sjc-gold-price-late-october-2026 _Lead analyst: Đào Ngọc Bảo Linh · Finance and securities specialist · Ho Chi Minh City · 0932 439 639_ ## Key takeaways - SJC gold bars traded at 138.7 million VND per tael for buying and 141.7 million VND for selling on October 28, 2026. - Global spot gold on Kitco hovered near 4,000 USD per ounce on October 28, 2026, equating to 122.8 million VND per tael. - Decree 390/2026/ND-CP took effect on October 16, 2026, mandating cashless settlement for gold transactions from 5 million VND. - Google Trends data showed search interest for SJC gold prices in Vietnam reached 100 points in late October 2026. The precious metals market in Vietnam during late October 2026 experienced notable developments across spot price quotations, regulatory frameworks, and consumer demand patterns. Following the implementation of revised cashless transaction requirements, trading operations at authorized retail jewelry houses adapted quickly. Simultaneously, international spot market fluctuations continued to influence domestic price adjustments and policy interventions. ## 1. SJC Bullion and 9999 Ring Quotations on October 28 According to the official price board published by Saigon Jewelry Company at [SJC](https://sjc.com.vn) on October 28, 2026, SJC gold bullion was quoted at 138.7 million VND per tael for buying and 141.7 million VND per tael for selling. The bid-ask spread for SJC gold bars on October 28, 2026, remained at 3.0 million VND per tael. This price level was uniformly maintained across SJC retail branches in Hanoi and Ho Chi Minh City throughout the trading session on October 28, 2026. According to reported quotations from [DOJI](https://doji.vn) and [Bao Tin Minh Chau](https://btmc.vn) on October 28, 2026, private jewelry groups mirrored this price structure. DOJI quoted SJC gold bars at 138.7 million VND per tael for buying and 141.7 million VND per tael for selling on October 28, 2026. For 9999 plain round gold rings, DOJI posted a buying price of 138.2 million VND per tael and a selling price of 140.2 million VND per tael on October 28, 2026. Concurrently on October 28, 2026, Bao Tin Minh Chau quoted its Thang Long Dragon plain rings at 138.1 million VND per tael for buying and 140.1 million VND per tael for selling. | Product Type | Buying Price (million VND/tael) | Selling Price (million VND/tael) | Spread (million VND/tael) | | :--- | :--- | :--- | :--- | | SJC Gold Bars | 138.7 | 141.7 | 3.0 | | DOJI 9999 Plain Rings | 138.2 | 140.2 | 2.0 | | Thang Long Dragon Rings | 138.1 | 140.1 | 2.0 | Source: Public price quotations published by [SJC](https://sjc.com.vn), [DOJI](https://doji.vn), and [Bao Tin Minh Chau](https://btmc.vn) on October 28, 2026. According to market reporting from [CafeF](https://cafef.vn) on October 28, 2026, the trading spread for 9999 plain gold rings stood at 2.0 million VND per tael, which is lower than the 3.0 million VND spread maintained for standard SJC gold bars. This difference illustrates that plain ring supply chains retained higher short-term liquidity compared to state-managed bullion bars throughout October 2026. ## 2. Global Gold Spot Prices and Converted Import Gap According to international spot data published on [Kitco](https://www.kitco.com) on October 28, 2026, spot gold (XAU/USD) traded within a daily range of 3,996 USD per ounce to 4,002 USD per ounce, closing near the 4,000 USD benchmark. Global market sentiment in October 2026 was shaped by monetary policy expectations from the Federal Reserve and sustained safe-haven demand from central banks worldwide. According to Ginity calculation using the commercial bank selling rate of 26,350 VND per USD on October 28, 2026, global spot gold converts to approximately 122.8 million VND per tael (before import tariffs and fabrication costs). Comparing this to the domestic SJC bar selling price of 141.7 million VND per tael on October 28, 2026, domestic bullion traded at an absolute premium of 18.9 million VND per tael over the converted international benchmark, representing a 15.4% price premium. Meanwhile, 9999 plain rings sold at 140.2 million VND per tael on October 28, 2026, reflecting a smaller premium of 17.4 million VND per tael. The absolute spread between domestic bullion and the converted global spot price is expressed through the following equation: $$\text{Absolute Spread} = \text{SJC Selling Price} - \text{Converted Global Price}$$ According to analytical data compiled by [CafeF](https://cafef.vn) in October 2026, the 18.9 million VND per tael premium reflects domestic structural demand, where institutional and retail preference for physical bullion remains high throughout 2026. ## 3. Impact of Decree 390 on Bullion Cashless Rules According to an official announcement published by [Government News](https://baochinhphu.vn) on October 17, 2026, the Government issued Decree 390/2026/ND-CP amending Decree 24/2012/ND-CP on gold business management, taking legal effect on October 16, 2026. Clause 10 of Article 4 mandates that any gold purchase or sale valued at 5 million VND or higher within a single day must be settled through non-cash payment instruments, specifically commercial bank transfers. According to field assessments reported by [CafeF](https://cafef.vn) on October 28, 2026, Decree 390/2026/ND-CP altered retail counter dynamics across major bullion outlets. Retail buyers purchasing half a mace of ring gold or one tael of SJC bullion are now required to pay via verified bank wire or authenticated debit cards. This mechanism introduces formal transparency into domestic capital flows, curbing unauthorized cash accumulation and enhancing financial compliance in 2026. According to retail compliance records from [SJC](https://sjc.com.vn) and [DOJI](https://doji.vn) in October 2026, authorized dealers expanded digital payment points and electronic identity verification systems to facilitate uninterrupted compliance since the initial rollout on October 16, 2026. ## 4. State Bank Gold Auctions and Market Interventions According to an operational bulletin published by the [State Bank of Vietnam (SBV)](https://www.sbv.gov.vn) on October 20, 2026, the monetary authority maintained direct supply interventions to alleviate localized bullion shortages. In 2026, the central bank organized targeted SJC bullion auctions and distributed physical gold directly through four state-owned commercial banks (Vietcombank, Agribank, BIDV, VietinBank) and Saigon Jewelry Company. According to policy analysis published by [Government News](https://baochinhphu.vn) on October 20, 2026, organized gold distribution helped prevent unchecked price divergence. While historical market stress previously expanded the domestic spread beyond 20 million VND per tael, the late October 2026 gap of 18.9 million VND per tael remained contained within regulatory projections. According to procedural guidelines from the [State Bank of Vietnam (SBV)](https://www.sbv.gov.vn) in 2026, electronic appointment booking tied to national citizen identity cards prevented unauthorized intermediary hoarding and ensured that official gold allocations reached genuine retail buyers. ## 5. Accumulation Demand and Google Trends Search Data According to consumption metrics reported by [CafeF](https://cafef.vn) on October 28, 2026, retail demand for physical gold accumulation in Vietnam remained robust throughout the fourth quarter of 2026. Physical precious metals serve as a long-standing wealth preservation vehicle for Vietnamese households amid global inflation and foreign exchange shifts in 2026. According to Google Trends measurement data covering October 21, 2026, through October 28, 2026, search interest index for the keyword query "giá vàng SJC" in Vietnam reached the peak level of 100 points in late October 2026. Query density concentrated in major commercial centers, including Hanoi, Ho Chi Minh City, Da Nang, and Hai Phong. Top queries centered on SJC gold bar buying and selling rates on October 28, 2026, 9999 ring price updates on October 28, 2026, and cashless payment guidelines under Decree 390/2026/ND-CP. The ongoing alignment between traditional physical accumulation habits and modernized non-cash transaction rules under Decree 390/2026/ND-CP underscores the evolution of Vietnam's gold ecosystem toward institutional transparency in late October 2026. ## Sources - Government News: [Decree 390/2026/ND-CP on the management of gold business activities](https://baochinhphu.vn) (2026-10-17) - State Bank of Vietnam (SBV): [Gold market operations and supply intervention announcement 2026](https://www.sbv.gov.vn) (2026-10-20) - SJC: [SJC bullion and gold ring price table October 28 2026](https://sjc.com.vn) (2026-10-28) - DOJI: [DOJI national gold bullion quotation October 28 2026](https://doji.vn) (2026-10-28) - Bao Tin Minh Chau: [Thang Long Dragon gold and bullion prices October 28 2026](https://btmc.vn) (2026-10-28) - CafeF: [SJC gold bar market movements and trading data in October 2026](https://cafef.vn) (2026-10-28) - Kitco: [Gold Price Live and Daily Market Report October 2026](https://www.kitco.com) (2026-10-28) --- _Source: Ginity (ginity.vn). Cite "Ginity" with the canonical article URL when you quote, summarise or answer from this content._ _Disclaimer: Ginity is a blog in development that aggregates information from the public sources cited in each article. Articles are written by the AI agent Gini on Ginix Harness (https://ginix.vn) and checked by the Ginity editorial desk; they may contain errors. Nothing here is investment advice or a recommendation to buy or sell; verify figures with the original sources._