Infographic: Gold rings edge closer to gold bars on October 24
The selling price for a tael of SJC-branded gold rings reached 88.5 million VND on October 24, just 500,000 VND below the price of SJC-branded gold bars.
World gold prices on December 13 surged to 4,298.7 USD/ounce thanks to strong buying from investors. Domestically, SJC gold bars and rings traded at record highs. SJC gold bars increased by 700,000 VND/tael, reaching 156.3 million VND/tael; SJC gold rings increased by 600,000 VND/tael, listed at 153.6 million VND/teal.