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 surged on September 19 to 4,377 USD per ounce, driven by strong bargain-hunting and rising demand for the precious metal as a safe-haven asset. Domestically, prices for SJC gold bars and gold rings remained unchanged, quoted at 147.6 million VND/tael and 147.1 million VND/tael, respectively.