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 reversed course and fell to 4,156.1 USD per ounce on October 1. In the domestic market, SJC gold bar and ring prices also declined in line with global prices, standing at 143.8 million VND per tael and 143.3 million VND per tael, respectively.