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.
Global gold prices rebounded sharply on February 7, trading at 4,966 USD per ounce, driven by strong buying from central banks. Domestically, prices of SJC gold bars and gold rings rose by nearly 3 million VND per tael, quoted at 179.3 million VND per tael and 178.8 million VND per tael, respectively.