Vietnam gold price dropped marginally on July 29. Saigon Jewelry Company gold bar fell 0.08% to 121 million VND per tael. Gold ring inched up 0.17% to 116.9 million VND per tael.
Global gold prices surged on September 19 to 4,377 USD per ounce, driven by strong bargain-hunting and rising demand for the precious metal as a safe-haven asset. Domestically, prices for SJC gold bars and gold rings remained unchanged, quoted at 147.6 million VND/tael and 147.1 million VND/tael, respectively.