The selling price of SJC-branded gold rings rose to the highest ever at 79.1 million VND per tael on September 13 while the selling price of gold bars remained unchanged at 80.5 million VND per tael.
Global gold prices fell sharply to 4,613 USD per ounce on May 15 amid rising US Treasury yields and a stronger US dollar. In the domestic market, gold prices followed the global downward trend, with SJC gold bars dropping by 1 million VND to 164 million VND per tael.