Gold price on December 12: Gold rings approaching 86 million VND/tael
In the domestic market, gold prices continued to increase. SJC gold bars were listed at 87.1 million VND per tael and gold rings were traded at 85.9 million VND/tael.
World gold prices on January 22 “plunged” after reaching a record high of 4,888 USD per ounce, falling to 4,796.2 USD per ounce amidst massive profit-taking by investors. Domestically, the prices of gold bars and SJC gold rings simultaneously dropped sharply, listed at 168.7 million VND per tael and 167.1 VND million per tael respectively.