Infographic: Gold rings and bars decrease on July 23
The selling price of SJC-branded gold bar price dropped sharply at 79.5 million VND per tael on July 23; while the selling price for SJC gold rings decreased slightly to 77.15 million VND/tael.
Global gold prices on October 27 extended their downward trend following a week of decline, trading around 4,075 USD per ounce. In the domestic market, SJC gold bars fell to about 148.9 million VND per tael, while ring gold traded close to that level, at around 148.3 million VND per tael.