Infographic: Domestic gold prices fall in tandem with global market
Domestic gold price declined on June 7 as bullion plunges globally. Accordingly, SJC-branded gold bars dropped to 117.2 million VND per tael while gold ring fell to 113.5 million VND per tael.
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.