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 soared on October 11 after the US President announced an additional 100% tariff on Chinese goods, with gold trading at 4,016.4 USD per ounce. In the domestic market, SJC gold bars and rings rebounded strongly, quoted at 142.8 million VND per tael and 139.5 million VND per tael, respectively.