Infographic: Gold ring price reaches new all-time high
Vietnam's gold ring price rose 1.64% to a new historic peak of 92.6 million VND (3,642.06 USD) per tael on March 5. Gold bar price went up 1.2% to 92.7 million VND per tael.
Fluctuations in interest rates and credit policies are creating far-reaching impacts on the real estate market, one of the key pillars of the economy, contributing approximately 10-12% of GDP and having direct linkages to dozens of other industries. When capital flow is “congested”, the entire economic value chain is affected.