Saigon Jewelry Company (SJC) gold bar price was unchanged on September 17 at 132.3 million VND per tael. Gold ring was steady at 129.3 million VND per tael.
Global gold prices fell sharply on June 19, trading at 4,166 USD per ounce after the US Federal Reserve (Fed) signalled that interest rates would remain elevated. Domestic gold prices followed the global trend, recording a steep decline. SJC-branded gold bars were quoted at 143.7 million VND per tael for buying and 146.7 million VND per tael for selling, down significantly compared with previous trading sessions.