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 on May 5 were trading at 4,534.5 USD per ounce amid rising tensions between the US and Iran, fuelling concerns over escalating inflation. Domestically, SJC gold bars and gold rings both recorded sharp declines, with prices listed at 165 million VND per tael and 164.5 million VND per tael, respectively.