The price of SJC gold continued to drop, trading below VND81 million (US$3,171) per tael on Monday morning, narrowing the gap between domestic and international gold prices of VND10.3 million (US$403) per tael.
At 10:45 am on June 4, the four state-owned banks simultaneously announced that the selling price of an SJC-branded gold bar was VND78.98 million (US$3090) per tael, falling VND1 million (US$39) a tael compared to yesterday evening.