Infographic: SJC gold bars on Sept. 9 remain 19 million VND per tael higher than world gold prices
Global gold prices today (December 19) edged down slightly to 4,325.6 USD/ounce after a series of recent gains. Domestically, SJC gold bullion is trading at 156.4 million VND/tael, while gold rings remain unchanged at 153.3 million VND/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.