Infographic: Domestic gold prices fall on May 20 amid decline in global bullion rates
Domestic gold prices fell on May 20 morning amid a decline in global bullion rates. SJC gold bar dropped 0.92% to 162 million VND per tael while gold ring price slid 1.1% to 161.5 million VND per tael.
Global gold prices fell sharply on June 25, trading at 3,994.2 USD per ounce, amid a widespread sell-off by investors as the US dollar strengthened significantly and US Treasury yields remained elevated. In the domestic market, prices of SJC-branded gold bars and rings also declined steeply, falling to 146.2 million VND and 146.1 million VND per tael, respectively.