Global gold prices experienced a significant drop, at one point losing 140 USD early this morning, as positive developments in nuclear negotiations between My and Iran diminished safe-haven demand.
Profit-taking has concluded, creating new buying opportunities for investors and potentially driving gold prices back towards the 5,000 USD mark, according to experts.
Gold brands have further reduced gold bar prices by 3,4 million dong, bringing them below 170 million dong per tael, mirroring a global downward trend.
Domestic gold prices increased by about 4 million dong per tael compared to yesterday, following a global surge that pushed gold bars to 170 million dong.