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 fell sharply to 4,431.1 USD per ounce on September 5, amid a rebound in the US dollar and US Treasury bond yields. In the domestic market, SJC gold bars and gold rings fell sharply in line with world prices, quoted at 147.6 million VND per tael and 147.1 million VND per tael, respectively.