Gold prices in Vietnam fell sharply on March 21, hitting their lowest level since February.
SJC-branded gold bars dropped by VND5.1 million ($193) per tael to VND168 million ($6,387) per tael for buying and VND171 million ($6,501) per tael for selling.
One tael is equivalent to 37.5 grams, or about 1.2 ounces.
Gold ring prices also declined, falling by VND4 million ($152) to VND169.1 million ($6,429) per tael for buying and VND172.1 million ($6,543) per tael for selling.
On the global market, gold prices slid nearly 3.5% to around $4,488.7 per ounce. At these levels, domestic gold prices remain about VND27 million ($1,026) per tael higher than global prices.
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