SJC gold bar prices drop to 117.2 million VND per tael on June 4
On June 4, global gold prices fell to 3,362 USD per ounce. Domestically, SJC gold bars were traded at 117.2 million VND per tael, while the price of SJC gold rings remained unchanged at 113.5 million VND per tael.
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.