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March 07, 2025 | 06:45

Domestic gold prices hit one-year high

Phương Linh

The SJC-branded gold bars were sold at VND93 million ($3,631) per tael on March 6.

Domestic gold prices hit one-year high

Gold prices in the domestic market skyrocketed to a one-month high on March 6 while the global bullion dropped slightly.

The SJC-branded gold bars were sold at VND93 million ($3,631) per tael on the day, up VND300,000 ($11.7) per tael compared to the previous day.

One tael equals 37.5 grams, or 1.2 ounces.

In the global market, the gold prices declined slightly by 0.03% to $2,917.1 an ounce on the same day, or nearly VND91.1 million per tael.

At this level, gold price in Vietnam is higher than the global price around VND1.4 million ($54.6) a tael.

 

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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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