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.
World gold prices on March 14 continued to decline amid a stronger US dollar and rising inflation concerns, trading at 5,021.2 USD/ounce. In the domestic market, SJC gold bars and gold rings fell simultaneously in line with global prices, listed at 179.6 million VND/tael and 182.6 million VND/tael, respectively.