Selling price for SJC-branded gold bars declining to VND171 million ($6,501) per tael on March 21.

Gold prices in Vietnam fell sharply on March 21, hitting
their lowest level since February.

SJC-branded gold bars dropped by VND5.1 million ($193) per
tael to VND168 million ($6,387) per tael for buying and VND171 million ($6,501)
per tael for selling.

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

Gold ring prices also declined, falling by VND4 million
($152) to VND169.1 million ($6,429) per tael for buying and VND172.1 million
($6,543) per tael for selling.

On the global market, gold prices slid nearly 3.5% to around
$4,488.7 per ounce. At these levels, domestic gold prices remain about VND27 million
($1,026) per tael higher than global prices.

VnEconomy-Mai Nhi