The selling price of SJC-branded gold bars remained unchanged at 79.5 million VND per tael on July 26, while the selling price for SJC gold rings fell to 76.8 million VND per tael.
World gold prices on January 22 “plunged” after reaching a record high of 4,888 USD per ounce, falling to 4,796.2 USD per ounce amidst massive profit-taking by investors. Domestically, the prices of gold bars and SJC gold rings simultaneously dropped sharply, listed at 168.7 million VND per tael and 167.1 VND million per tael respectively.