Tonight, silver prices fluctuated around the $53/ounce mark while world gold prices stood at $4,154/ounce.

SJC gold bar prices are 21.1 million VND/tael higher than world prices

At current prices, converted according to bank exchange rates, world gold prices are equivalent to 132.3 million VND/tael.

    SJC gold bar selling prices at the end of today were at 153.4 million VND/tael, with buying prices at 151.4 million VND/tael.

    Meanwhile, gold ring selling prices were at 151.5 million VND/tael, with buying prices at 149 million VND/tael.

    Compared to converted world gold prices, SJC gold bar prices are currently 21.1 million VND/tael higher, while gold ring prices are 19.2 million VND/tael higher.

    Notably, after a period of adjustment due to overheating, silver has recently “returned to the race.” From the $48-49/ounce level, silver prices have surpassed $53/ounce.

    Converted according to bank exchange rates, silver prices are equivalent to 1.69 million VND/tael.

    In the domestic market, Sacombank Jewelry Company (SBJ) listed silver buying prices at 2.01 million VND/tael, selling at 2.061 million VND/tael. Compared to one week ago, silver prices have increased by 129,000 VND/tael.

    Phú Quý Group strongly increased silver selling prices to 2.097 million VND/tael, buying at 2.034 million VND/tael, an increase of 165,000 VND/tael compared to one week ago.

    Ancarat listed selling prices for type 1 silver at 2.08 million VND/tael, buying at 2.021 million VND/tael, an increase of 119,000 VND/tael compared to one week ago.

    Many investment funds aggressively accumulate silver

    Gold - Image 2

    At the current price of $53/ounce, silver has approached the historical peak set in mid-October.

    Calculating from the beginning of 2025 to now, silver prices have increased by 80% and become one of the strongest performing assets.

    Recently, the US officially added silver to the 2025 “Strategic Minerals” list. Additionally, the boom in electric vehicles (EVs), solar panels, and AI has pushed demand to record levels.

    Furthermore, aggressive accumulation by major investment funds has also pushed silver prices upward.

    BlackRock – the US global investment management corporation – has returned to strong buying in November.

    Since the beginning of November, iShare Silver Trust managed by BlackRock has net attracted $650 million to purchase Silver. As of now, iShare Silver Trust holds a total of over 500 million ounces of Silver (approximately 15,600 tons).

    Bank of America recently predicted that Silver prices could reach $65/ounce in 2026. This price is nearly 20% higher than the peak that silver reached in October.

    The strong increase in gold prices has pushed gold pawning demand in Thailand to the highest level in 20 years, causing revenue at pawn shops to surge significantly.

    SJC gold bar

    I am unable to find any significant cultural or historical site known as “SJC gold bar.” However, SJC is a prominent Vietnamese brand known for producing high-purity gold bars. These bars are a popular form of investment and a symbol of wealth and security within Vietnam, but they do not refer to a specific place or historical cultural site.

    gold ring

    A gold ring is a circular band of precious metal worn as jewelry, historically symbolizing commitment, status, or affiliation across various cultures. Its use dates back to ancient Egypt and Rome, where it became a prominent symbol of eternal love and marriage. Today, it remains a universal emblem for weddings, achievements, and personal adornment.

    Sacombank Jewelry Company

    Based on the available information, Sacombank Jewelry Company is not a recognized historical place, cultural site, or major public institution. It appears to be a commercial jewelry retailer affiliated with Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) in Vietnam. As such, its history is that of a modern business enterprise rather than a cultural or historical landmark.

    Phú Quý Group

    The Phú Quý Group is a small archipelago located off the coast of southern Vietnam in the South China Sea. Historically, the islands were claimed by the Champa Kingdom before being settled by Vietnamese fishermen. Today, it is a remote district known for its fishing industry, pristine beaches, and emerging eco-tourism.

    Ancarat

    I am unable to find any information on a place or cultural site named “Ancarat.” It is possible the name may be misspelled or refers to a very localized or lesser-known location. If you have more context, such as the country or region, I would be happy to try another search.

    BlackRock

    Based on the common name, “BlackRock” most likely refers to the global investment management corporation. Founded in 1988 in New York City, it has grown to become the world’s largest asset manager. The name itself does not refer to a specific historical or cultural site, but rather to the firm’s financial standing and the “rock” solidity it aims to project.

    iShare Silver Trust

    “iShare Silver Trust” is not a physical place or cultural site; it is a financial investment product (ticker: SLV) offered by iShares that tracks the price of silver. It functions as an exchange-traded fund (ETF), allowing investors to gain exposure to the silver market without physically owning the metal. Its history is one of financial innovation, launched to provide a liquid and accessible way to trade silver as a commodity.

    Bank of America

    The Bank of America is a major American multinational investment bank and financial services company. It was founded in 1904 as the Bank of Italy in San Francisco by Amadeo Giannini to serve working-class immigrants. Through a series of acquisitions, including NationsBank in 1998 which adopted the Bank of America name, it grew to become one of the world’s largest financial institutions.