Global gold prices on July 13 continued to fall sharply to 4,077.9 USD per ounce as markets increasingly expected the US Federal Reserve (Fed) to maintain interest rates at a high level. Domestically, SJC gold bar prices dropped by 1.5 million VND per tael, with buying and selling prices listed at 145.4 million VND and 148.4 million VND per tael, respectively.

World gold prices continued to fall sharply on June 30, trading at more than 4,018 USD per ounce, as oil prices rebounded and US Treasury yields rose. In the domestic market, SJC gold bar and ring prices declined steeply in line with global prices, listed at 147 million VND per tael and 146.9 million VND per tael, respectively.

Global gold prices continued to decline sharply on June 4, trading at 4,465.6 USD per ounce, as geopolitical tensions in the Middle East pushed oil prices higher again. In the domestic market, SJC gold bars and rings followed the downward trend in global prices, quoted at 156 million VND per tael and 155.8 million VND per tael, respectively.

Gold prices on May 11 saw unusual movements in the domestic market. Despite no sharp fall in global prices, domestic gold dropped rapidly. SJC gold bars decreased by 2.3 million VND per tael in both buying and selling prices, to 162.2-165.2 million VND per tael. SJC gold rings also fell by 2.3 million VND per tael on both sides.

Domestic SJC gold prices fell by more than 3 million VND per tael on the afternoon of April 16, and were quoted at 167.7-171.2 million VND per tael (buying-selling), while SJC listed gold ring prices at 167.2-170.7 million VND per tael.

World gold prices on March 19 continued to fall sharply, trading at 4,710.5 USD/ounce. Domestically, SJC gold bars and gold rings also dropped significantly in line with global prices, listed at 172.5 million VND/tael and 175.5 million VND/tael respectively.

On March 11, world gold prices rises slightly, trading at 5,187.4 USD per ounce. Domestically, gold prices are adjusted upward by major enterprises compared with yesterday’s closing level, pushing the price of SJC gold bars close to 187.2 million VND per tael.

After two consecutive sessions of sharp gains, the domestic gold market unexpectedly reversed course in the February 5 trading session. Prices of SJC gold bars and rings both moved away from record highs, retreating to 177.2 million VND per tael and 174.5 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.

Gold prices on January 6 saw SJC gold bars continue to rise at the start of the trading session, pushing the buying–selling range to 156 million–158 million VND per tael, up 900,000 VND per tael on both the buying and selling sides compared with yesterday’s listed prices.

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 today (December 19) edged down slightly to 4,325.6 USD/ounce after a series of recent gains. Domestically, SJC gold bullion is trading at 156.4 million VND/tael, while gold rings remain unchanged at 153.3 million VND/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.

Global gold prices on December 4 edged down to 4,191.3 USD per ounce amid a wave of profit-taking by investors. In the domestic market, SJC gold bars simultaneously decreased to 153.8 million VND per tael, while SJC gold rings were listed at 151.9 million VND per tael.

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.

World gold prices on November 18 continued their downward trend due to the stronger USD and the market gradually reducing expectations that the FED will cut interest rates next month, trading at 4,040.6 USD/ounce. Domestically, SJC gold bars and gold rings reversed sharply, traded at 149.3 million VND/tael and 147.3 million VND/tael, respectively.

Global gold prices on November 14 fell to 4,113.4 USD per ounce. In the domestic market, SJC gold bars and SJC gold rings also declined in line with global prices, trading at 153.2 million VND per tael and 151.2 million VND per tael respectively.

World gold prices on November 8 continued to increase slightly to 4,001.1 USD/ounce. Domestically, SJC gold bars and gold rings remained stable, trading at 148.4 million VND/tael and 145.8 million VND/tael, respectively.

Global gold prices on November 4 fell to 3,973.6 USD per ounce. In the domestic market, both SJC gold bars and SJC gold rings dropped in line with global trends, quoted respectively at 148.2 million VND per tael and 145.9 million VND per tael.

Global gold prices on October 27 extended their downward trend following a week of decline, trading around 4,075 USD per ounce. In the domestic market, SJC gold bars fell to about 148.9 million VND per tael, while ring gold traded close to that level, at around 148.3 million VND per tael.