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.
Gold surged nearly 60 USD per ounce, briefly approaching 3,540 USD, fueled by the prospect of US interest rate cuts and rising political and economic risks.
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.