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.
Viet Nam’s economy witnessed a strong breakthrough in the third quarter of 2025, driven by the recovery of both supply and demand factors. Despite this momentum, inflation rose by only 3.27% year-on-year, significantly below the National Assembly’s target range of 4–4.5%, reflecting effective price stabilisation amid robust growth.