The selling price of SJC-branded gold ring price was traded at 77.55 million VND per tael on August 3, down 100,000 VND per tael as compared to the previous day.
Global gold prices continued to decline on September 9, trading at 4,394.7 USD per ounce amid a sharp rise in crude oil prices, high treasury yields and market concerns over the possibility of interest rate hikes. Domestically, gold prices fell by more than 1 million VND, with SJC gold bars quoted at 143.6-146.6 million VND per tael for buying and selling, respectively.