Gold prices in the domestic market plunged on December 25 after rising for four consecutive days.
SJC-branded gold bars were sold at VND158.8 million ($6,038) per tael, down VND400,000 ($15.2) from the previous session.
One tael equals 37.5 grams, or about 1.2 ounces.
Buying prices of the bullion also fell by VND400,000 to VND156.8 million ($5,961) per tael.
Meanwhile, gold ring prices remained unchanged at VND152.6 million per tael for buying and VND155.6 million per tael for selling.
On the global market, gold prices edged down 0.08% to $4,480.8 per ounce. At this level, domestic gold prices remain approximately VND14.79 million ($562) per tael higher than international prices.
Google translate