Infographic: Domestic gold prices fall sharply on October 22
In the domestic market, SJC-branded gold bars followed the global downtrend on October 22, trading at 148.5 million VND per tael, while gold rings were quoted at 146.5 million VND per tael.
In recent days, amid concerns over rising petrol and oil prices and the possibility of supply disruptions, people in many localities rushed to purchase and stockpile fuel, causing a sudden surge in demand within a short period. However, after retail petrol and oil prices were adjusted on March 7, the stockpiling situation has eased.