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.
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.