Gold prices in Vietnam extended their downward trend, falling by VND4 million ($152) per tael on both the buying and selling sides on March 23.
One tael equals 37.5 grams, or about 1.2 ounces.
The buying price of SJC-branded gold bars dropped to VND164 million ($6,235) per tael, while the selling price declined to VND167 million ($6,349) per tael.
This represents a decrease of more than VND19 million ($722) per tael compared to the same period last week.
Globally, gold prices fell by over 2.6% to $4,369.5 per ounce. Despite the decline, domestic prices remain about VND26.8 million ($1,019) per tael higher than international levels.
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