Infographic: Vietnam gold prices surge despite global drop
The selling price of SJC gold bar jumped 1.19% to 85 million VND per tael on October 8, highest since the end of May, while global rates declined slightly.
Global gold prices soared on October 11 after the US President announced an additional 100% tariff on Chinese goods, with gold trading at 4,016.4 USD per ounce. In the domestic market, SJC gold bars and rings rebounded strongly, quoted at 142.8 million VND per tael and 139.5 million VND per tael, respectively.