PNJ Gold Price 22/10/2026: SJC Bars at VND 13.93-14.23M per Chi

Overview

PNJ (Vàng Phú Nhuận, HOSE) quoted SJC 999.9 gold bars at VND 13.93 million per chi buy and VND 14.23 million per chi sell at the morning reference on 22/10/2026, identical to SJC and DOJI. The daily price table also lists PNJ plain rings and Kim Bao 999.9 gold at VND 13.84-14.14 million per chi, with 999.9 jewellery at VND 13.54-13.99 million.

Key Facts

• PNJ SJC 999.9 gold bars: buy VND 13,930,000 per chi, sell VND 14,230,000 per chi, a VND 300,000 spread.
• PNJ plain rings (Nhẫn Trơn PNJ 999.9) and Kim Bao 999.9: VND 13,840,000 buy, VND 14,140,000 sell.
• PNJ 999.9 jewellery: VND 13,540,000 buy, VND 13,990,000 sell.
• SJC, DOJI and PNJ all quoted SJC bars at the same VND 13,930,000-14,230,000 range on 22/10/2026.
• Bao Tin Manh Hai quoted SJC bars at VND 13,930,000-14,230,000 and Kim Gia Bao 24K at VND 13,810,000-14,210,000.
• Bao Tin Minh Chau quoted its VRTL 999.9 bars and plain rings at VND 13,810,000-14,210,000.
• PNJ shares closed at VND 19 on 22/10/2026, down 2.08% on volume of 3,374,400 shares.

What Happened

The figures come from a daily gold price round-up published on 22/10/2026, compiled from brand quotes taken at 8:30am. The article is a reference table rather than a company disclosure, and it does not state whether the quotes reflect a company filing or a dealer board. It lists buy and sell prices per chi for 9999 (24K, 99.99% purity) gold across SJC, DOJI, PNJ, Bao Tin Minh Chau, Bao Tin Manh Hai and Phu Quy.

For PNJ specifically, the table shows the company pricing SJC-branded bars in line with the state brand and with DOJI, while its own branded plain rings and Kim Bao carry a VND 90,000 per chi discount to SJC bars on both sides of the quote. The article also notes the physical properties of 9999 gold, describing it as the highest-purity grade at 99.99% and too soft for elaborate jewellery, which is why it is mostly cast into plain rings and bars.

Market Context

PNJ trades on HOSE and closed at VND 19 on 22/10/2026, down 2.08% on volume of 3,374,400 shares, so the equity moved lower on the same day the gold table was published. The quoted SJC range of roughly VND 13.93-14.23 million per chi is the reference level the article leads with, and every major brand in the table sits within a narrow band around it. The article does not provide a comparison with the prior day’s levels or with international gold, so the direction of the move cannot be established from this source alone.

Strategic Significance

The relevant point for long-term holders is the zero brand premium on SJC bars: PNJ, SJC and DOJI quote the same two-way price, which means bar trading is a volume and spread business rather than a pricing-power business. PNJ’s margin therefore sits in branded plain rings, Kim Bao and jewellery, where it quotes below SJC bars and where fabrication and buy-back spreads are wider. A flat, tightly clustered gold price table compresses the arbitrage that drives customer traffic between brands, so retail volumes rather than price differentials become the swing factor for the gold segment.

What to Watch

• PNJ’s next quarterly earnings release, for gold segment revenue and gross margin by product line.
• Daily SJC bar quotes from PNJ, SJC and DOJI to see whether the zero-premium alignment persists or breaks.
• The buy-sell spread on PNJ plain rings and Kim Bao, currently VND 300,000 per chi, as a read on retail demand.
• International gold prices and State Bank of Vietnam gold market policy, neither of which is covered in this article.
• Foreign-ownership and block-trade filings on HOSE following the 3.37 million share session on 22/10/2026.