In an unusual turn for the past five years, the buying price for domestic gold bars continues to be approximately 1.5-2 million VND per tael lower than the equivalent global price.
Major brands increased gold bar selling prices by 900,000 dong today, reaching 147.5 million dong, a difference of nearly 20 million dong compared to international prices.
Gold prices have fallen below $4,000 per ounce, while Brent crude oil has surpassed $80 following the US's reimposition of a blockade on Iranian seaports.