Domestic gold prices on the afternoon of 15 July recorded a decline but the drop wasn’t significant, and gold remained more than VND 121 million per tael in selling price.
Global gold prices soared on October 11 after the US President announced an additional 100% tariff on Chinese goods, with gold trading at 4,016.4 USD per ounce. In the domestic market, SJC gold bars and rings rebounded strongly, quoted at 142.8 million VND per tael and 139.5 million VND per tael, respectively.