Infographic: Gold prices gain marginally on March 16
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.
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.