On the afternoon of July 30, prices of gold bars and rings surged in both buying and selling directions. SJC gold bars were listed at 119.5 million VND per tael for buying and 121.5 million VND per tael for selling, an increase of 500,000 VND compared to yesterday’s transaction. Meanwhile, SJC gold ring prices also rose by 300,000 VND per tael in both directions.

Global gold prices continued their strong upward trend on July 2, trading at 3,341 USD/ounce. Domestically, prices of gold brands rose slightly following a sharp increase the previous day. SJC gold bars were traded at 120.7 million VND per tael, while SJC gold rings increased to 116.5 million VND per tael.

On June 17, global gold prices declined as investors increased profit-taking following a recent strong rally, with gold trading at 3,378.529 USD per ounce. Domestically, SJC gold bars dropped below the 120 million VND per tael threshold, trading at 119.6 million VND per tael; meanwhile, plain gold rings fell to 113.7 million VND per tael.