SJC Gold Price 18/10/2026: PNJ Quotes 14.36 Million VND per Chi
This Aveluro analysis covers PNJ on HOSE in the Personal & Household Goods sector. The classified event type is commodity move, with neutral sentiment and a deterministic market-impact score of 5.0/10. Source coverage came from CafeF - Thị trường chứng khoán, classified as a primary/top-tier source.
Key Facts
Caveat: Not investment advice. · How Aveluro computed this: Aveluro combines extracted event facts, source credibility, ticker context, and market data. Scores are deterministic research signals, not recommendations.
Overview
SJC quoted 9999 gold bars at 14.06-14.36 million VND per chi at 6am on 18/10/2026, with a 300,000 VND per chi gap between buy and sell prices. PNJ (HOSE) listed SJC 999.9 bars at the same 14.06-14.36 million VND range and its own plain rings and Kim Bao 999.9 gold at 14.01-14.31 million VND per chi, placing the jewellery retailer directly in the daily retail gold price cycle.
Key Facts
- SJC gold bars (1L, 10L, 1KG) quoted at 14,060,000 VND buy / 14,360,000 VND sell per chi at 6am on 18/10/2026.
- Buy-sell spread on SJC bars: 300,000 VND per chi.
- SJC 99.99% plain rings (1, 2, 5 chi) quoted at 14,010,000 / 14,310,000 VND per chi.
- PNJ SJC 999.9 gold bars: 14,060,000 / 14,360,000 VND per chi.
- PNJ plain rings and Kim Bao 999.9: 14,010,000 / 14,310,000 VND per chi.
- PNJ 999.9 jewellery: 13,750,000 / 14,200,000 VND per chi.
- Doji quoted SJC bars at the same 14,060,000 / 14,360,000 VND per chi.
- PNJ shares closed at 18,800 VND on 17/10/2026.
What Happened
The update, published on the morning of 18/10/2026, reproduces SJC’s price table as of 6am and compares it with Doji, PNJ and Bao Tin Minh Chau. SJC bars were bought at 14.06 million VND and sold at 14.36 million VND per chi, while the 5-chi and smaller bar lines carried marginally higher sale prices of 14.362 and 14.363 million VND. Plain SJC rings traded 50,000 VND per chi below the bar price on both sides.
PNJ’s listings mirror the SJC bar quote exactly at 14.06-14.36 million VND per chi for SJC 999.9 bars, with its own branded plain rings and Kim Bao 999.9 at 14.01-14.31 million VND. The article is a daily price bulletin and does not cite a company filing or regulatory announcement; it presents dealer quotes as published by the brands. No trading volumes, revenue figures or corporate disclosures are included.
Market Context
PNJ trades on HOSE and closed at 18,800 VND on 17/10/2026. The bulletin contains no prior-day gold quote, so the direction of the move on 18/10/2026 cannot be established from the source. Retail gold prices in Vietnam are shaped by SJC’s administered bar pricing, world gold, and the VND/USD rate, and PNJ’s earnings mix spans gold bars, plain rings and higher-margin jewellery. The article does not disclose the State Bank of Vietnam’s reference rate or international gold levels on the day.
Strategic Significance
For PNJ, the relevant variable is not the absolute VND price of a chi of gold but the spread between buy and sell prices and the mix between low-margin SJC bars and branded jewellery. A 300,000 VND per chi spread on bars and rings is the gross trading margin the retailer earns on flow; when spreads compress, transaction volume must rise to hold profit. PNJ’s parallel listing of SJC bars and its own 999.9 products also shows how the brand competes on availability and store network rather than price, since quotes are effectively identical across SJC, Doji and PNJ.
What to Watch
- PNJ’s next monthly or quarterly disclosure of gold trading volumes and revenue mix.
- Any change in the SJC bar buy-sell spread from the current 300,000 VND per chi.
- State Bank of Vietnam gold market policy announcements, including bar production and market intervention.
- Movement in the VND/USD rate and world gold prices, which feed into domestic retail quotes.
- PNJ share price reaction around 18,800 VND and any foreign-ownership or block-trade filings.