Global gold prices cooled down on April 7 amid escalating geopolitical tensions in the Middle East, which led to a sharp rise in oil prices, trading at 4,651 USD per ounce. Domestically, SJC gold bar and ring prices both declined by more than 500,000 VND per tael, listed at 172.5 million VND per tael and 172 million VND per tael, respectively.