This morning, the price of gold bars increased by half a million to 123.8 million VND per tael, about 200,000 VND away from the historical peak in April.
The price of gold surged nearly 50 USD in the first trading session of the week, primarily due to uncertainty surrounding the approaching US import tariff deadline.
Most Wall Street experts and individual investors are optimistic about the gold price outlook for next week, despite the precious metal market's recent correction.
Analysts are divided on the direction of gold prices due to uncertainty surrounding the impact of tariffs, a potential Fed rate cut, and other economic factors.
A better-than-expected jobs report caused global gold prices to fall by more than 30 USD, but pushed Wall Street to record highs for the second consecutive session.
