Infographic: Gold bars and rings post sharp losses on August 14
Global gold prices fell to 4,353.9 USD per ounce on August 14, ending a four-session winning streak. In the domestic market, gold prices also dropped sharply, with SJC gold bars down 1 million VND per tael to 143.3 million VND per tael.
According to the Statistics Office, the Index of Industrial Production (IIP) in August is estimated to have climbed by 1.5% from the previous month and 14.4% year on year. In the first eight months of 2026, the IIP increased by 11.9% year on year, the highest growth rate recorded for the eight-month period in many years.