Infographic: Gold bar and ring prices hit record on January 23
Global gold prices on January 23 surged to a new record high of 4,913.2 USD/ounce. Domestically, SJC gold bar prices climbed to a new peak of 172.2 million VND/tael, while gold ring prices reached 170.8 million VND/tael.
Global gold prices on January 31 continued to plunge, trading at 4,882.5 USD per ounce, as investors rushed to sell and lock in profits after a sharp rally. In Viet Nam, prices of SJC gold bar and rings also dropped by around 9 million VND per tael, quoted at 172 million VND per tael and 171 million VND per tael, respectively.