On July 18th, Vietnam's gold prices increased by 118 USD, reaching 80 million Vietnamese dong per tael, as reported by the Saigon Jewelry Company.

Vietnam's gold prices saw a significant increase of 118 USD, reaching 80 million Vietnamese dong per tael on July 18th, as reported by the Saigon Jewelry Company (SJC). The rise marks a change after prices remained stable for over a month. The State Bank of Vietnam has been selling gold bars directly to four state-owned commercial banks and SJC since June, distributing the gold bars to retail buyers.