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.
World gold prices on May 12 continued their upward trend thanks to strong buying from central banks and the trend of diversifying foreign exchange reserves, trading at 4,729.2 USD/ounce. Domestically, the price of SJC gold bars and gold rings reversed course and increased by 1.8 million VND per tael, listed at 167 million VND/tael and 166.5 million VND/tael respectively.