What are SJC gold bars?

This is a well-known gold brand in Vietnam, guaranteeing gold quality and representing the national brand.

Essentially, SJC gold bars are 9999 gold, meaning the pure gold content is 99,99%, with a standard weight of 1 tael (37,5 grams).

SJC gold bars are cast in a rectangular shape, with a dragon image and four nines (99,99%) printed on one side, indicating 99.99% pure gold. The other side displays the manufacturer's information and company name (SJC).

Advantages and disadvantages of SJC gold bars

The gold quality is guaranteed and has been verified by reputable organizations.

Trusted and chosen by many, with high liquidity.

SJC has many stores and branches, making it very convenient when you need to buy or sell.

Currently, there are online gold trading channels that save investors time when buying and selling.

However, this type of gold also has the following disadvantages: Higher price than other types of gold; Higher buy-sell price spread than other types; Can be counterfeited, therefore it is necessary to buy from reputable stores.

The role of SJC gold bars

Store of Value: Gold has been considered one of the safest stores of value for thousands of years. SJC gold bars, with their high quality and reputation, are a popular choice for storing asset value.

Investment: Gold is often seen as a way to protect assets during times of uncertainty or volatility in the financial markets. People often buy gold as an investment, hoping that its price will rise in the future.

Dealing with inflation: While currencies can depreciate due to inflation, the value of gold typically remains stable or increases. Therefore, owning gold can help protect against the effects of inflation.

Diversification: Gold can be used as part of a diversification strategy, helping to mitigate portfolio risk by allocating assets across a variety of asset classes.

Trading: SJC gold bars can also be used for trading on the market, where investors buy and sell gold with each other to seek profits from fluctuations in gold prices.

Characteristics of SJC gold bars

SJC gold bars are high-quality gold with a pure gold content of up to 99.99% and have the following characteristics:

Gold has a deep metallic sheen.

It is softer than other types of gold due to its extremely high pure gold content.

They are easily scratched or dented when rubbed against other objects, so they are usually stored in a relatively hard plastic box.

Because it is pure gold, it will not tarnish or turn black over time.

Market price and bid/ask spread are higher than other types of gold.

Higher liquidity than other types of gold.

SJC 9999 gold bars

To make it convenient for buyers to store their gold, the manufacturer has divided SJC gold bars into several categories based on the unit of gold measurement as follows:

SJC gold bars, 1 tael each, weigh approximately 3.75 grams.

SJC gold bars, 2 tael each, weigh approximately 7.5 grams.

SJC gold bars, 5 tael each, weigh approximately 18.75 grams.

SJC gold bars, grade 1, weigh approximately 37.5 grams.

1kg of SJC gold is equivalent to 26.6666667 taels of gold.

Therefore, when buying SJC gold bars, customers can only buy from 1 tael upwards. If they want to buy less (half a tael, 3 phân, 5 phân), they can switch to buying SJC 9999 gold rings.