The gold bar prices in the domestic market exceeded the VND102 million ($3,929) per tael mark on April 4 in line with the global moves.

The Saigon Jewelry and Germ Stone Co. (SJC) sold SJC-branded gold bars at VND102.4 million ($3,944) per tael on the day, up by VND600,000 ($23.1) per tael compared to the previous day.

One tael equals 37.5 grams, or 1.2 ounces.

Meanwhile, the State-owned commercial banks - Vietcombank and VietinBank - offered the gold bars at VND102.8 million ($3,959) per tael and the BIDV sold the gold bars at VND102.5 million ($3,948) per tael.

In the global market, the gold prices jumped by 0.37% on April 3 to reach $3,145 per ounce.

At this level, gold prices in Vietnam stand at around VND3.3 million ($127.1) a tael higher than the global price.

The global gold prices are forecast to keep increasing, following reciprocal tariff plans announced by US President Trump.