Infographic: Domestic gold prices extend sharp decline on July 24
In the domestic market, SJC-branded gold bar prices declined, with buying and selling prices quoted at 134 million VND and 139 million VND per tael, respectively.
World gold prices continued to rise above 4,400 USD per ounce on August 12, driven by stronger safe-haven demand as tensions in the Strait of Hormuz showed no signs of easing. In the domestic market, SJC-branded gold bar and ring prices climbed to 143.8 million VND per tael and 143.3 million VND per tael, respectively.