Infographic: Gold bar and ring prices drop sharply on July 24
Domestically, the prices of both SJC-branded gold bars and rings saw a sharp drop, trading at 122 million VND per tael and 117.5 million VND per tael respectively.
Global gold prices on March 6 edged down slightly to around 5,134 USD per ounce as investors continued profit-taking after a prolonged period of consecutive gains. In the domestic market, SJC-branded gold bars and rings also declined in line with global prices, with the selling price at about 183.8 million VND per tael.