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.
On September 5, global gold prices fell slightly from their record peak to 3,550.6 USD/ounce as the market entered an overbought zone. In the domestic market, SJC gold bars kept setting new records, trading at 134.4 million VND/tael, while SJC gold rings rose to 129.2 million VND/tael.