Saigon Jewelry Company gold price gained 0.46% to VND87 million (US$3,428.41) per tael on January 16, highest since December 12. Gold ring also went up 0.46% to VND86.5 million per tael.
Global gold prices rebounded strongly on July 18, trading at 4,017.3 USD per ounce. In the domestic market, SJC gold bars and SJC gold rings also reversed course to follow the global uptrend, rising to 147.5 million VND per tael and 146.5 million VND per tael, respectively.