Infographic: Gold bar and ring prices hit record on January 29
Vietnam gold prices surged on January 29 as global rates skyrocketed to a new peak amid economic uncertainties. SJC gold bar jumped 3.3% to 190.3 million VND per tael, a new record. Gold ring increased by 3.32% to 189.8 million VND.
Global gold prices fell sharply on the afternoon of September 28, trading at 4,150 USD per ounce amid rising US Treasury yields, the Fed’s tight interest-rate policy, and concerns over inflation, energy prices and geopolitical tensions. In the domestic market, SJC gold bars “shed” 2 million VND, with selling prices standing at 142.4 million VND per tael.