Infographic: Gold price jumps to another all-time high on March 20
Vietnam gold bar price continued its surge on March 20, with a 0.90% gain to 100.4 million VND per tael, a new record. Gold ring price jumped 0.80% to 100.7 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.