Global gold prices on August 7 saw a slight decline, trading at 3,375.5 USD per ounce. Domestically, SJC gold bars and rings continued to hold at high levels, listed at 123.8 million VND per tael and 119.3 million VND per tael, respectively.

World gold prices on August 5 reversed to increase, driven by market expectations that the US Federal Reserve (FED) will cut interest rates in September, trading at 3,352.6 USD per ounce. Domestically, SJC gold bars and rings increased by 500,000 VND per tael, listed at 123.8 million VND per tael and 119.3 million VND per tael, respectively.

World gold prices on July 26 fell amid the recovery of the USD and positive signals from the US-EU trade negotiations, weakening the demand for safe havens, trading at 3,336.6 USD per ounce. Domestically, SJC gold bars and gold rings dropped sharply, trading at 121.1 million VND per tael and 117 million VND per tael, respectively.