Gold prices rise both domestically and globally on July 8
Global gold prices on July 8 rose to over 3,324 USD per ounce. Domestically, SJC gold bar prices also increased, trading at 121 million VND per tael; while SJC gold rings were traded at 116.9 million VND per tael.
World gold prices continued to fall on June 26, trading below the 4,000 USD/ounce mark as investors continued to sell off amid a strengthening US dollar and the Federal Reserve (FED) keeping interest rates unchanged at last week’s meeting. Domestically, the buying and selling price of SJC gold bars was 143.2-146.2 million VND/tael.