The gap between domestic and global gold prices narrowed sharply on December 22, falling 27.35% from the peak recorded on November 4.
Prices of SJC-branded gold bars rose by VND900,000 ($34.2) per tael from the previous session to VND155.5 million ($5,912) per tael for buying and VND157.5 million ($5,988) per tael for selling.
One tael equals 37.5 grams, or 1.2 ounces.
On the global market, gold prices surged more than 1.3% to $4,399.9 per ounce. At this level, domestic gold prices remain approximately VND15.99 million ($607) per tael higher than international prices, down more than VND6 million ($228), or 27.35%, compared to the November 4 peak.
Google translate