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.
Global gold prices continued to rise on August 7, reaching 4,368.2 USD/ounce, as investors regained optimism following the previous session's sharp rally. In the domestic market, however, gold trading remained relatively subdued despite the significant increase in global prices. SJC gold bars were quoted at 139.2 million VND/tael for buying and 142.2 million VND/tael for selling.