Vietnam's gold bar prices surged by one million dong today, reaching 142,5 million dong per tael, mirroring an upward trend in the international market.
Financial markets experienced significant volatility due to renewed conflict in the Middle East and the Federal Reserve's decision to maintain interest rates.
Crude oil prices dropped by 5% per barrel, while gold gained 50 USD on the morning of 27/7, following the cessation of attacks between the US and Iran over the weekend.
Most Wall Street experts predict a decline in gold prices, while individual investors are divided as the precious metal consistently fluctuates around the 4,000 USD mark.
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.
Major brands reduced gold bar selling prices by 1,3 million dong compared to yesterday, reaching 147,1 million dong, following a global downward trend.
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.
The chairwoman of the board of directors and deputy director of Phuong Xuan Gold and Silver Joint Stock Company are accused of instructing employees to sell goods without issuing invoices and creating numerous personal accounts to evade taxes.
