The selling prices of SJC-branded gold bars jumping to a new record of VND173.3 million ($6,589) per tael.

Selling prices of SJC-branded gold bars in Vietnam surged to
a new record of VND173.3 million ($6,589) per tael on January 24, rebounding
sharply after a steep decline the previous day.

One tael is equivalent to 37.5 grams, or 1.2 ounces.

Buying prices also jumped to VND171.3 million per tael,
marking an increase of VND4 million ($152) per tael for both buying and selling
compared with the previous day.

Gold ring prices followed the same upward trend, rising by VND4.1
million per tael to VND169.3 million for buying and VND171.8 million for
selling.

On the global market, gold prices also rebounded, edging up 0.5%
to $4,958.4 per ounce. At this level, domestic gold prices remain about
VND13.99 million ($531) per tael higher than international prices.

VnEconomy-Mai Nhi