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February 04, 2025 | 06:30

Domestic gold prices hit three-month hike

Phương Linh

The SJC-branded gold bars were sold at VND89.3 million ($3,512) per tael on February 3.

Domestic gold prices hit three-month hike

Gold prices in the domestic market climbed to a three-month high on February 3 while the global bullion dropped slightly.

The SJC-branded gold bars were sold at VND89.3 million ($3,512) per tael on the day.

One tael equals 37.5 grams, or 1.2 ounces.

Meanwhile, the selling prices of gold rings in the domestic market reached VND88.7 million ($3,489) per tael.

In the global market, the gold prices reduced to $2,778.8 an ounce on the same day, or nearly VND84.6 million per tael.

At this level, gold price in Vietnam is higher than the global price around VND4.7 million ($184) 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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