Gold Prices Drop Today: Domestic Gold Bars and Rings See Price Decline Amid Global Market Volatility

Gold prices across Vietnam dropped widely on November 11, 2026, following sharp overnight declines in global markets driven by hotter-than-expected US inflation data.

Major domestic brands adjusted their rates downward by hundreds of thousands of dong per ounce.

Brands including SJC, Bao Tin Manh Hai, PNJ, and DOJI traded gold bars at 137.9 to 140.9 million VND per ounce for buying and selling, representing a decrease of 300,000 VND per ounce compared to the previous morning, according to Vietnam.vn.

Phu Quy gold bars were bought at 137.4 million VND and sold at 140.9 million VND per ounce, down 300,000 VND from the previous morning. Цены на золото сегодня, 11 ноября: резко упали почти на 3%, приблизившись к отметке в 4000 долларов. reported Vietnam.vn at 22:38 UTC.

Domestic gold ring prices largely followed the downward trend of gold bars, though select brands held steady. SJC gold rings dropped 100,000 VND per ounce in both directions to trade at 136.7 to 140.7 million VND per ounce, Vietnam.vn reported.

PNJ and Phu Куи rings both fell by 300,000 VND per ounce across buying and selling tiers. Meanwhile, Bao Tin Manh Hai kept its buying price unchanged at 136 million VND per ounce, and DOJI held steady at 137 to 141 million VND per ounce.

International spot gold traded at $4,033.8 per uonce, down $107.6 from the prior morning, according to Vietnam.vn data. Converted using the Vietcombank exchange rate, the global price sits at approximately 125.4 million VND per tael before taxes and fees.

World Gold reported that gold closed out November 9 at $4,115 per uonce, or $132.28 per gram, up 0.97 percent for the day, before dropping sharply at the start of US trading on November 10 under pressure from October inflation figures. At the same time, the daily COMEX close for that session yielded +0.97%.

ANZ analysts described trading on the international market last week as extremely volatile, reflecting uncertainty over economic conditions and political events, noting that these conflicting movements mirror shifts in market assessments of monetary policy, geopolitical conditions, and economic activity.

At the same time, the World Gold Council reported that central bank and official institution gold purchases accelerated in the third quarter of 2026, reaching 321 tons—a 42 percent increase year-over-year that well exceeds the five-year average of 227 tons.

Today in Hanoi, the price of silver at the Phu Quy Gold, Silver and Gemstone Group exchange is 1.582 million dong per ounce for the buying price and 1.631 million dong per ounce for the selling price.