Infographic: Gold price continues to rise on August 28
Viet Nam gold price continued to rise on August 28, reaching another historic peak. Gold bar price went up 0.16% to 128.2 million VND per tael. Gold ring rose 0.16% to 122.6 million VND per tael, also another record.
Global gold prices fell to 3,874.4 USD per ounce on October 31 amid escalating tensions in the Strait of Hormuz, which pushed oil prices higher. In Viet Nam, SJC-branded gold bar and gold ring prices declined sharply in line with the downward trend in the global market, falling to 139 million VND and 135.8 million VND per tael, respectively.