Domestic gold ring prices reach new high on October 30
The selling price of SJC-branded gold bar s stayed unchanged at 89 million VND per tael, while the gold rings to increase to a new record, exceeding VND88.8 million/tael, on October 30.
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.