Experts believe that ending the gold bar monopoly will curb speculation and align domestic prices with global rates, provided that the import supply meets demand.
The price of gold bars decreased by over 2 million VND per tael today, bringing the total reduction over two days to 4-5 million VND, down to around 131 million VND.
The State Bank of Vietnam in Ho Chi Minh City and Dong Nai province advises caution amid significant gold price fluctuations, recommending purchases only from licensed entities.
The price of a gold bar increased by 1 million VND this morning, reaching a new record high of over 135 million VND, maintaining a 20 million VND difference compared to the global market.
Domestic gold prices continued their upward trend, increasing by 1 million VND per tael this morning, a difference of 20.5 million VND compared to the world market.
Gold bar prices continued to rise this morning, exceeding 128 million VND per tael, a difference of nearly 20 million VND compared to the global market.
