Domestic gold trades 24 million VND per tael above global prices on March 18
Global gold prices on March 18 edged down to around 4,995 USD per ounce. In the domestic market, prices of gold bars and gold rings remained stable, with selling prices at 183 million VND per tael and 182.8 million VND per tael, respectively.
Global gold prices on April 1 continued their upward momentum, trading at around 4,693 USD per ounce. Meanwhile, domestic bullion and gold ring prices also rose in line with global trends, with selling prices reaching 176.7 million VND per tael. At present, domestic gold prices are approximately more than 28 million VND per tael higher than global levels (excluding taxes and fees).