In the domestic market, SJC gold bar and ring prices reversed downward on October 2, trading at 138 million VND per tael and 134.2 million VND per tael, respectively.

On the afternoon of September 18, SJC listed gold bar prices at around 130 million VND per tael for buying and 132 million VND per tael for selling, down 300,000 VND per tael on both sides.With the same drop of 300,000 VND per tael in both buying and selling prices, SJC gold rings were traded at around 126.3 million VND per tael for buying and 129 million VND per tael for selling.

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.