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.
World gold prices on October 29 still declined as the wave of profit-taking sales continued after the price reached a record high of over 4,360 USD per ounce. Domestically, SJC gold bars reversed to increase dramatically, trading at 148.1 million VND per tael; SJC gold rings traded at 146.3 million VND per tael.