Gold prices in Vietnam rebounded on March 24 following two consecutive weeks of decline.
The price of SJC gold rose to VND164.9 million ($6,269) per tael for buying and VND167.9 million ($6,383) per tael for selling, up VND1.9 million ($72) per tael from the previous session.
One tael is equivalent to 37.5 grams, or about 1.2 ounces.
Gold ring prices also increased, gaining VND1.9 million to reach VND164.7 million ($6,262) per tael for buying and VND167.7 million ($6,376) per tael for selling.
Meanwhile, global gold prices continued their downward trend, falling 1.5% to $4,344 per ounce. At this level, domestic gold prices are approximately VND28.41 million ($1,080) per tael higher than global prices.
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