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 soared on October 11 after the US President announced an additional 100% tariff on Chinese goods, with gold trading at 4,016.4 USD per ounce. In the domestic market, SJC gold bars and rings rebounded strongly, quoted at 142.8 million VND per tael and 139.5 million VND per tael, respectively.