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 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.