Gold Prices Plummet but Analysts Predict $5,000 Surge

The price of gold plummeted on September 25, 2026, but market analysts predict it will surge to $5,000 per ounce in the near future.

According to data from Vietnam.vn, the current prices for SJC gold bars and 99.99% pure gold rings at major domestic gold retailers are as follows: Saigon Jewelry Company (SJC) - SJC gold bars priced at 141.4-144.4 million VND/ounce; SJC gold rings priced at 140.9-143.9 million VND/ounce.

DOJI Group also reported similar prices: SJC gold bars priced at 141.4-144.4 million VND/ounce, and 9999 gold rings (Hung Thinh Vuong brand) priced at 141.2-145.2 million VND/ounce.

Peter Grant, Vice President and Senior Metals Strategist at Zaner Metals, believes that the strengthening US dollar is putting pressure on gold prices.