Infographic: Gold bars remain flat, gold rings decline on October 26

Global gold prices fell slightly on October 26 to 3,993 USD per ounce, as a sharp surge in oil prices—which fueled inflation concerns—combined with the prospect of the Federal Reserve continuing to tighten monetary policy, outweighed demand for the precious metal as a safe-haven asset. Domestically, the price of SJC gold bars remained unchanged from the end of last week, with a selling price of 141.7 million VND per tael.