Infographic: Domestic gold prices hit fresh records on March 17
Domestic gold prices surged to new record highs on March 17, with a tael of SJC-branded gold bars hitting 94.8 million VND for buying and 96.1 million VND for selling.
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.