Infographic: Gold prices surge to historic peaks on April 18
Saigon Jewelry Company-branded gold bar price soared to an all-time high of 120 million VND per tael on April 18, while gold ring price was traded at 117 million VND per tael.
Global gold prices on January 31 continued to plunge, trading at 4,882.5 USD per ounce, as investors rushed to sell and lock in profits after a sharp rally. In Viet Nam, prices of SJC gold bar and rings also dropped by around 9 million VND per tael, quoted at 172 million VND per tael and 171 million VND per tael, respectively.