Gold prices in Vietnam rebounded on March 16 after falling for three consecutive days.
The price of SJC gold rose to VND180.1 million ($6,874) per tael for buying and VND183.1 million per tael for selling, up VND500,000 ($19) per tael compared with the previous session.
One tael is equivalent to 37.5 grams, or about 1.2 ounces.
Gold ring prices also increased, climbing by VND500,000 to VND179.8 million ($6,862) per tael for buying and VND182.8 million ($6,977) per tael for selling.
On the global market, however, gold prices declined by more than 0.4% to around $5,007.8 per ounce.
Despite the drop in international prices, domestic gold remained significantly higher. At current levels, gold prices in Vietnam are about VND22.57 million ($861) per tael above global prices.
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