Global gold prices on March 27 fell, trading at around 4,433 USD per ounce. In the domestic market, SJC gold bars and gold rings both dropped by millions of VND per tael, with selling prices at 171.6 million VND per tael and 171.4 million VND per tael, respectively.
Viet Nam’s benchmark VN-Index fell 0.82% to 1,644.63 points on March 26.
Global gold prices on March 26 continued to rise, trading at 4,511 USD per ounce. Domestically, SJC gold bars and gold rings remained at high levels, listed at 173.5 million VND per tael and 173.3 million VND per tael, respectively.
Global gold prices surged sharply on March 25, marking a second consecutive session of recovery following a recent downturn. In the domestic market, gold bar and ring prices also rebounded strongly in line with global trends, with selling prices ranging between 174 million VND and 175 million VND per tael.
Viet Nam’s benchmark VN-Index rose by 2.69% to 1,658.19 points on March 25.
World gold prices on March 24 rebounded after a period of steep decline, trading at 4,407.2 USD/ounce. In the domestic market, SJC gold bars and SJC gold rings simultaneously increased in line with global prices, listed at 167.2 million VND/tael and 170.2 million VND/tael, respectively.
Viet Nam’s benchmark VN-Index rose by 1.48% to 1,614.77 points on March 24.
World gold prices on March 23 continued their downward trend, trading around 4,400/ounce USD as investors continue to sell off amid sharply rising oil prices and a strengthening US dollar. Domestically, the price of gold bars and gold rings has fallen sharply in line with world prices, selling at 169 million VND/tael.
Global gold prices extended their downward trend on March 21, trading at 4,490.2 USD per ounce. In the domestic market, both SJC gold bar and ring prices fell in line with global movements at 171 million VND per tael and 170.7 million VND per tael, respectively.
Viet Nam’s benchmark VN-Index fell 3.02% to 1,647.81 points on March 20.
World gold prices on March 19 continued to fall sharply, trading at 4,710.5 USD/ounce. Domestically, SJC gold bars and gold rings also dropped significantly in line with global prices, listed at 172.5 million VND/tael and 175.5 million VND/tael respectively.
Viet Nam’s benchmark VN-Index fell 0.86% to 1,699.13 on March 19.
Constant selling pressure caused strong fluctuations in the Vietnamese stock market during the morning session. Towards the end of the session, positive capital inflows into the oil and gas sector helped the VN-Index maintain its positive performance at closing. At the close, the VN-Index increased by 3.54 points (+0.21%), reaching 1,713.83 points.
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.
Viet Nam’s benchmark VN-Index rose 1.01% to 1,701.29 points on March 17. The index closed 17.08 points higher after losing 3.03 points in the previous session.
Global gold prices rebounded on March 17, trading at 5,007.9 USD per ounce, amid signs of easing geopolitical tensions in the Middle East. In the domestic market, SJC gold bars and rings both edged down slightly, with prices quoted at 183 million VND per tael and 182.7 million VND per tael, respectively.
Vietnam gold prices rose slightly on March 16 while global rates remained mostly flat. Saigon Jewelry Company gold bar went up 0.27% to 183.1 million VND per tael. Gold ring price inched up 0.27% to 182.8 million VND per tael.
Viet Nam’s benchmark VN-Index fell 0.18% to 1,693.21 on March 16.
World gold prices on March 14 continued to decline amid a stronger US dollar and rising inflation concerns, trading at 5,021.2 USD/ounce. In the domestic market, SJC gold bars and gold rings fell simultaneously in line with global prices, listed at 179.6 million VND/tael and 182.6 million VND/tael, respectively.
World gold prices on March 13 fell sharply to trade at 5,113 USD per ounce amidst a strengthening US dollar, putting short-term pressure on the precious metal's price after repeatedly reaching recent highs. Domestically, gold bar and gold ring prices decreased in line with world prices, selling at 184.8 million VND per tael.