Infographic: Gold prices fall by 1 million VND on February 15
The prices of SJC-branded gold bars fell by one million VND per tael for both buying and selling on February 15 to 87.3 million VND and 90.3 million VND respectively.
Global gold prices fell sharply on June 19, trading at 4,166 USD per ounce after the US Federal Reserve (Fed) signalled that interest rates would remain elevated. Domestic gold prices followed the global trend, recording a steep decline. SJC-branded gold bars were quoted at 143.7 million VND per tael for buying and 146.7 million VND per tael for selling, down significantly compared with previous trading sessions.