Vietnam gold prices fell on May 5. Saigon Jewelry Company gold bar price slid 0.82% to 120.3 million VND (4,630.22 USD) per tael. Gold ring price went down 1.29% to 115 million VND per tael.
Global gold prices on January 16 slipped below 4,608 USD per ounce as strong inflows into equities cooled demand for gold. In Viet Nam, prices were temporarily steady as SJC bullion was traded at 162.8 million VND per tael, while SJC ring gold remained unchanged at 159.7 million VND per tael.