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 plunged on August 11 after reversing course, trading at 4,347.8 USD per ounce. Domestically, SJC gold bars and gold rings fell by a total of 2 million VND per tael, with buying and selling prices standing at 140.5-143.5 million VND per tael.