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.
As one of the world’s largest importers of agricultural products, China frequently updates its regulations on food safety management for imports and exports, while simultaneously expanding its supply sources from a wide range of countries. This presents a significant challenge for Viet Nam in maintaining and increasing its market share in this key market.