#Gold Prices

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Infographic: Gold prices hit all-time high on January 24
Infographic

Infographic: Gold prices hit all-time high on January 24

Global gold prices surged to a record high on January 24, trading at 4,983.1 USD per ounce amid a weakening US dollar and increased purchases by central banks to boost their reserves. Domestic gold prices also continued to scale new peaks. SJC gold bars were quoted at 174.3 million VND per tael while SJC gold rings rose to around 173 million VND per tael, marking their highest levels to date.

Infographic: Gold bar prices fall sharply on January 22
Infographic

Infographic: Gold bar prices fall sharply on January 22

World gold prices on January 22 “plunged” after reaching a record high of 4,888 USD per ounce, falling to 4,796.2 USD per ounce amidst massive profit-taking by investors. Domestically, the prices of gold bars and SJC gold rings simultaneously dropped sharply, listed at 168.7 million VND per tael and 167.1 VND million per tael respectively.

Infographic: Domestic gold prices flat on January 16
Infographic

Infographic: Domestic gold prices flat on January 16

Global gold prices on January 16 slipped below 4,608 USD per ounce as strong inflows into equities cooled demand for gold. In Viet Nam, prices were temporarily steady as SJC bullion was traded at 162.8 million VND per tael, while SJC ring gold remained unchanged at 159.7 million VND per tael.

Infographic: Global gold prices hit new record, domestic prices surge on December 27
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Infographic: Global gold prices hit new record, domestic prices surge on December 27

Global gold prices continued to set new records on December 27, trading at around 4,533 USD per ounce amid expectations that the US Federal Reserve will continue cutting interest rates. In the domestic market, prices of SJC gold bars and SJC gold rings extended their upward momentum, rising by 300,000 VND per tael. SJC gold bars were quoted at 159.7 million VND per tael, while SJC gold rings increased to 156.1 million VND per tael.

Infographic: Gold prices edge up on December 20
Market

Infographic: Gold prices edge up on December 20

Domestic SJC gold bar and ring prices on December 20 inched up from the previous day, trading at elevated levels. SJC gold bars were quoted at 154.6 million VND per tael for buying and 156.6 million VND per tael for selling, up 200,000 VND per tael on both sides compared with the previous day. Gold ring prices also rose by 200,000 VND per tael, trading at 150.5 million VND – 153.5 million VND per tael (buying – selling).

Infographic: SJC Gold reaches record high on December 13
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Infographic: SJC Gold reaches record high on December 13

World gold prices on December 13 surged to 4,298.7 USD/ounce thanks to strong buying from investors. Domestically, SJC gold bars and rings traded at record highs. SJC gold bars increased by 700,000 VND/tael, reaching 156.3 million VND/tael; SJC gold rings increased by 600,000 VND/tael, listed at 153.6 million VND/teal.

Infographic: SJC gold bars rise by 1.1 million VND per tael on December 12
Market

Infographic: SJC gold bars rise by 1.1 million VND per tael on December 12

Gold prices continued to surge, reaching a one-month high as major brands simultaneously raised both buying and selling prices by 1.1 million VND per tael. SJC gold bars were quoted at 153.6 million VND per tael on the buying side and 155.6 million VND per tael on the selling side, marking a sharp increase in both directions compared with the previous session.

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