Infographic: Domestic gold prices rebound as global prices decline on May 4
Global gold prices on May 4 continued to fall, trading around 4,600 USD per ounce. Domestically, gold prices rose across the board in contrast to global trends, with selling prices of SJC gold bars reaching 166.6 million VND per tael.
Global gold prices rose to 4,182 USD per ounce on October 16 as US Treasury yields declined and the US dollar weakened. In the domestic market, SJC gold bar prices were quoted at 140.9–143.9 million VND per tael on the afternoon of the same day, up 600,000 VND per tael for both buying and selling prices.