Global gold prices on February 2 continued their steep downward trend, trading around 4,278.5 USD per ounce. Domestically, prices of SJC gold bars and SJC gold rings also continued to “plunge” in line with global developments, trading at 163 million VND per tael and 166 million VND per tael, respectively.

Global gold prices on January 15 reversed course and declined to 4,587.3 USD per ounce, coming under profit-taking pressure after a prolonged strong rally. Domestically, prices of SJC gold bar and SJC gold rings both fell by 700,000 VND per tael, to 162.8 million VND per tael and 159.7 million VND per tael, respectively.

Global gold prices on January 13 reversed slightly lower to 4,591.5 USD per ounce. In the domestic market, prices of SJC gold bars and SJC gold rings continued to hold firm at historic highs, quoted at 162 million VND per tael and 159 million VND per tael, respectively.

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.