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 continued to fall on July 29, dropping to 4,036.5 USD/ounce. In the domestic market, SJC gold bar prices also remained on a downward trend, with buying and selling prices standing at 137.5 million VND/tael and 141.5 million VND/tael, respectively.