The price of SJC gold bars dropped by half a million VND per tael, trading at 85 million VND per tael while price of gold rings fell to 84 million VND per tael on December 6.
Global gold prices on May 25 surged to 4,569.6 USD per ounce as geopolitical tensions in the Middle East eased. In the domestic market, gold prices across major brands also rose in line with global trends. SJC gold bars were traded at 159 million VND per tael for buying and 162 million VND per tael for selling.