Domestic gold prices remain high as global prices decline on August 7
Global gold prices on August 7 saw a slight decline, trading at 3,375.5 USD per ounce. Domestically, SJC gold bars and rings continued to hold at high levels, listed at 123.8 million VND per tael and 119.3 million VND per tael, respectively.
Global gold prices fell sharply on July 17, dropping below the 4,000 USD per ounce mark. In the domestic market, SJC gold bar prices declined by 1.6 million VND per tael, with buying and selling prices quoted at 143.6 million VND and 146.6 million VND per tael, respectively.