Global gold prices on November 21 continued to decline, slipping to 4,056.2 USD/ounce as investors awaited further information on US Federal Reserve (FED) interest rates expected in December. Domestically, SJC gold bars and SJC gold rings also extended their downward trend, trading at 149.8 million VND/tael and 147.9 million VND/tael respectively.

Global gold prices on November 20 fell significantly, trading at 4,063.5 USD per ounce. In the domestic market, SJC gold bars and SJC gold rings simultaneously reversed downward, each falling by nearly 1 million VND per tael, and were listed at 150.3 million VND per tael and 148.4 million VND per tael, respectively.

Global gold prices on November 19 recovered after three consecutive declining sessions, rising to 4,088.9 USD per ounce. SJC gold bars and SJC gold rings also simultaneously increased again after nearly a week of falling and moving sideways, trading at 151.0 million VND per tael and 149.0 million VND per tael respectively.

Global gold prices on November 17 edged down to 4,063.2 USD from their three-week peak. Domestic SJC gold bars and rings held steady at high levels, trading at 151 million VND per tael and 149 million VND per tael, respectively.

SJC gold bars and rings both fell by more than 2 million VND per tael on November 15, with listed prices at 151 million VND and 149 million VND per tael, respectively.

In Viet Nam, both SJC-branded gold bars and rings saw sharp increases of nearly 2 million VND per tael, being quoted at 153.3 million VND and 151.5 million VND per tael, respectively.

Global gold prices edged down to around 4,125 USD per ounce on November 12 as investors took profits following a three-week high. In Viet Nam, SJC gold bars and rings also declined simultaneously, trading at 151.5 million VND and 149.7 million VND per tael, respectively.

SJC gold bars and gold rings skyrocketed following world prices, listed at 152 million VND/tael and 149.8 million VND/tael, respectively on November 11.

Gold prices on the late afternoon of November 5 recorded a sharp decline compared with the previous session. Both SJC gold bars and rings fell by 700,000 VND per tael in both buying and selling rates. Specifically, SJC gold bars were listed at 145.5 – 147.5 million VND per tael (buying – selling), while SJC gold rings were listed at 142.7 – 145.2 million VND per tael (buying – selling).

In the domestic market, the prices of both SJC-branded gold bars and gold rings remained flat after several days of fluctuation, quoted at 148.4 million VND and 146.1 million VND per tael, respectively.

SJC gold bar prices continued to fall sharply on the late afternoon of October 28. SJC listed gold bars at 143.1–145.1 million VND per tael, down 3.8 million VND on the buying side and 3.3 million VND on the selling side compared to the end of October 27.

Global gold prices rose on October 23 as investors rushed to bottom-fish after the precious metal had dropped by several hundred USD in recent days, trading at 4,123.6 USD per ounce. In the domestic market, SJC gold bars and rings both reversed course, each increasing by around one million VND per tael, and were listed at 149.5 million VND per tael and 148.7 million VND per tael, respectively.

In the domestic market, SJC-branded gold bars followed the global downtrend on October 22, trading at 148.5 million VND per tael, while gold rings were quoted at 146.5 million VND per tael.

Global gold prices on October 21 remained at elevated levels, trading at 4,297.6 USD per ounce. In the domestic market, SJC gold bars and rings surged sharply, quoted at 153.9 million VND per tael and 153.3 million VND per tael, respectively.

Global gold prices dropped sharply on October 18 to 4,246.8 USD per ounce, following a wave of profit-taking by investors and the strengthening of the US dollar. In Viet Nam, both SJC gold bars and rings fell steeply, losing 2 million VND per tael, with prices listed at 151 million VND per tael and 150.2 million VND per tael, respectively.

In Vietnam’s domestic market, SJC-branded gold bars surged sharply to 152.2 million VND per tael, while gold rings nearly caught up, reaching 151.5 million VND per tael.

The export tariff for gold or silver products has been reduced from 1% to 0%, according to a recent Government decree.

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.

Global gold prices on October 8 continued to surge, officially surpassing the 4,000 USD per ounce mark. Following the skyrocketing global trend, domestic gold prices have been rising by the hour. On the afternoon of October 8, SJC gold bars jumped to 142.5 million VND per tael, up 1.9 million VND compared to the previous session’s close. SJC gold rings were sold at 139.5 million VND per tael, an increase of 1.8 million VND from the previous session.

Global gold prices continued to climb to new record highs amid growing geopolitical instability and increased demand for safe-haven assets, trading at 3,959.2 USD per ounce. In the domestic market, SJC gold bars and rings both surged to record levels, quoted respectively at 140.6 million VND per tael and 137.7 million VND per tael.