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.
The global gold market recorded its sharpest price drop in many months, plunging to around 4,362 USD per ounce on the afternoon of December 30. Domestically, SJC gold bar prices suddenly fell sharply to 154.7 million VND per tael, while gold ring prices also fell to 150.8 million VND per tael.