Infographic: Gold bars and gold rings unexpectedly surge by 2.5 million VND per tael on May 29
Global gold prices on May 29 rose sharply, trading at 4,503 USD per ounce. In the domestic market, SJC gold bars were sold at 160 million VND per tael.
Global gold prices continued to decline on September 9, trading at 4,394.7 USD per ounce amid a sharp rise in crude oil prices, high treasury yields and market concerns over the possibility of interest rate hikes. Domestically, gold prices fell by more than 1 million VND, with SJC gold bars quoted at 143.6-146.6 million VND per tael for buying and selling, respectively.