Infographic: SJC gold bar prices hold at record high of 125.4 million VND per tael on August 22
Global gold prices on August 22 saw a slight decrease to 3,332.2 USD per ounce. Domestically, SJC gold bars remained at a record high of 125.4 million VND per tael, while SJC gold rings traded at 120 million VND per tael.
Global gold prices fell to 3,874.4 USD per ounce on October 31 amid escalating tensions in the Strait of Hormuz, which pushed oil prices higher. In Viet Nam, SJC-branded gold bar and gold ring prices declined sharply in line with the downward trend in the global market, falling to 139 million VND and 135.8 million VND per tael, respectively.