Infographic: Gold bar and ring prices hit record on January 29
Vietnam gold prices surged on January 29 as global rates skyrocketed to a new peak amid economic uncertainties. SJC gold bar jumped 3.3% to 190.3 million VND per tael, a new record. Gold ring increased by 3.32% to 189.8 million VND.
Global gold prices rebounded on June 5, trading at 4,445.8 USD per ounce, as the US dollar and US Treasury yields weakened and oil prices fell sharply, easing inflation concerns. In the domestic market, gold prices across major brands declined for a fifth consecutive trading session, with buying and selling prices ranging between 151.4 million VND and 154.4 million VND per tael, narrowing the gap between domestic and international gold prices.