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.
Global gold prices continued to decline on September 9, trading at 4,394.7 USD per ounce amid a sharp rise in crude oil prices, high treasury yields and market concerns over the possibility of interest rate hikes. Domestically, gold prices fell by more than 1 million VND, with SJC gold bars quoted at 143.6-146.6 million VND per tael for buying and selling, respectively.