Each tael of gold rose by 1,5 million dong this morning to 143 million, with the gap to global prices widening to over 12 million dong.

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.

Rapidly escalating tensions in the Middle East have driven Brent crude oil prices above 100 USD, while gold has lost the 4.100 USD mark.

Brands today listed gold bar selling prices at 142 million dong per tael, marking the lowest level since 11/6.

Phan Huy transferred over 30 million dong to purchase gold through a fanpage named 'SJC Ho Chi Minh', only to discover he had lost all his money upon arriving at the store, having transacted with a fraudulent account.

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.

SJC gold bar prices fell to 150 million VND per tael after two consecutive adjustments today.

The price of gold per ounce reversed its trend, falling to 3,992 USD, as US-Iran tensions reignited over the weekend.

Gold bar selling prices were raised by 1,5 million dong by brands, reaching 148,5 million dong per tael.

Gold prices recovered slightly at the end of the week after facing pressure earlier this week, at one point reaching 4,094 USD per ounce.

An ounce of gold currently sits around 4,150 USD, marking its third consecutive weekly decline, primarily driven by the prospect of a fed interest rate hike.

Global gold prices are currently trading below 4,200 USD per ounce, primarily driven by the US Federal Reserve's (Fed) potential interest rate increase later this year.

Information that My and Iran presidents signed a peace agreement helped gold price rebound by nearly 60 USD on the morning of 18/6.

Gold prices touched 4,370 USD an ounce during the week's initial trading session, driven by a US-Iran peace agreement.