Viet Nam gold prices fell slightly despite global gain on June 19. Saigon Jewelry Company gold bar dropped 0.17% to VND119.4 million per tael. Gold ring declined by 0.09% to VND116 million per tael.
Global gold prices continued to set new records on December 27, trading at around 4,533 USD per ounce amid expectations that the US Federal Reserve will continue cutting interest rates. In the domestic market, prices of SJC gold bars and SJC gold rings extended their upward momentum, rising by 300,000 VND per tael. SJC gold bars were quoted at 159.7 million VND per tael, while SJC gold rings increased to 156.1 million VND per tael.