Global gold prices surged to a record high on January 24, trading at 4,983.1 USD per ounce amid a weakening US dollar and increased purchases by central banks to boost their reserves. Domestic gold prices also continued to scale new peaks. SJC gold bars were quoted at 174.3 million VND per tael while SJC gold rings rose to around 173 million VND per tael, marking their highest levels to date.