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 August 30 continued their strong upward momentum due to technical buying power and rising safe-haven demand, trading at 3,448 USD/ounce. In the domestic market, SJC gold bars and rings continuously broke records, trading at 130.6 million VND/tael and 125 million VND/tael, respectively.