The price of SJC gold rings rose 0.26% to 77.5 million VND per tael, while gold bar price remained steady at a three-month low of VND78.5 million per tael on August 9.
Global gold prices on October 30 extended their downward trend following positive news about US–China trade negotiations, trading at 3,996.7 USD/ounce. In the domestic market, SJC gold bars and rings also reversed sharply, quoted at 145.8 million VND/tael and 147.8 million VND/tael, respectively.