Infographic: Gold prices remain unchanged on August 26
Global gold prices remained unchanged on August 26, trading at 4,635 USD/ounce. In the domestic market, gold bars and gold rings also held steady after a strong run of gains, with selling prices standing at 150.3 million VND/tael.
Global gold prices fell to 3,874.4 USD per ounce on October 31 amid escalating tensions in the Strait of Hormuz, which pushed oil prices higher. In Viet Nam, SJC-branded gold bar and gold ring prices declined sharply in line with the downward trend in the global market, falling to 139 million VND and 135.8 million VND per tael, respectively.