Global gold prices on January 8 reversed course and fell sharply, trading at 4,422.8 USD/ounce. Domestically, SJC gold bars remained unchanged, listed at 157.2 million VND/tael, while gold rings continued their upward trend, trading at 154.9 million VND/tael.

Following the “skyrocketing” trend of global gold prices, domestic gold also saw a broad increase this afternoon. As of the afternoon of January 5, SJC gold bars were trading at 157.1 million VND per tael, up 900,000 VND from this morning’s session and 4.3 million VND compared with yesterday’s closing price.

Global gold prices continued their upward trend on December 24, trading at 4,493.9 USD/ounce. In the domestic market, SJC gold bars rose further to a new record high of 159.2 million VND per tael, while gold rings were traded at 155.6 million VND per tael.

Global gold prices on December 22 climbed to 4,408.7 USD per ounce, the highest level ever recorded. Domestically, SJC gold bullion was also traded around a historic peak at 157.5 million VND per tael, while gold rings rose to 154.1 million VND per tael.

Global gold prices on December 9 decrease slightly to 4,203.1 USD per ounce as markets await further interest rate signals from the US Federal Reserve (FED). In the domestic market, SJC gold bars fall marginally to 153.7 million VND per tael, while gold rings are traded at 151.3 million VND per tael.

In Viet Nam, both SJC-branded gold bars and rings increased by 800,000 VND, trading at 155.7 million VND and 153.9 million VND per tael, respectively.