VOV.VN - Last week, Vietnam’s gold market witnessed unprecedented developments as SJC gold bars soared above VND135 million per tael, setting a new record and leaving far behind the converted price from the global market.

VOV.VN - Domestic gold prices in Vietnam continued to hit a new peak on August 18, rising by VND500,000 per tael compared to the previous session, reaching VND124–125 million per tael, according to Saigon Jewelry Company (SJC).

On May 30, the State Bank of Vietnam (SBV) announced inspection results for six major gold trading units in the market: Sai Gon Jewelry Company (SJC), DOJI Jewelry Group, Phu Nhuan Jewelry Joint Stock Company (PNJ), Bao Tin Minh Chau, TPBank and Eximbank.

The Government has called for stricter market management, intensified inspections and larger penalties for violations in response to the recent developments in domestic gold prices.

VOV.VN - On the morning of April 18, domestic gold prices surged by 2 million VND per tael, reaching a new peak of VND 120 million per tael, the highest ever, despite a decline in global gold prices.

VOV.VN - Both gold ring and bar prices surged on April 17 in line with global trends, shattering previous records at VND120 million per tael.

VOV.VN - Following the global trend, domestic SJC gold bars and gold rings sharply declined on March 21, slipping below the VND100 million per tael mark established two days ago.

VOV.VN - Domestic gold ring prices surged in line with global trends, breaking previous records to reach VND100 million per tael as of 11 a.m. on March 19.

VOV.VN - The price of gold rings continued to soar beyond gold bars on March 14, reaching a historic peak of VND96.5 million per tael, surpassing all previous records.

VOV.VN - The domestic gold market continued its upward trajectory on March 12, with gold ring prices soaring to a historic peak of VND94.1 million per tael, surpassing all previous records.