Infographic: Domestic gold prices break records again on March 19
Domestic gold prices increased further to fresh highs on March 19 as gold bar price edged up to 99.8 million VND per tael while gold ring price reached 99.7 million VND per tael.
Global gold prices fell sharply on May 23, trading at 4,506.9 USD per ounce, as rising energy prices put pressure on global inflation, thereby strengthening the possibility that the Fed will keep interest rates high. In the domestic market, SJC gold bars and rings continued to decline, quoted at 161.5 million VND per tael and 161 million VND per tael, respectively.