However, compared to previous days, the early crowd was thinner - possibly due to gold prices hovering near all-time highs. As of January 19, SJC gold bullion closed at 163–165 million VND per tael (buy-sell), while 1–5 chi SJC gold rings were quoted at 159.7–162.2 million VND per tael. For those wishing to buy SJC gold bars, online registration remains mandatory. Additional support for gold prices comes from concerns about U.S. fiscal sustainability, rising public debt, and questions around the independence of the Federal Reserve. “Overall, high geopolitical risk, trade tensions, and strong global demand are expected to support gold in the short term,” Dr. Trang Anh concluded.
