VOV.VN - Domestic gold prices in Vietnam experienced a sharp drop of nearly VND5 million per tael on October 22 after global gold prices plunged by US$230, bringing the price down to US$4,112 per ounce.

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 - 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 prices continued to experience a sharp increase on February 19, with gold ring prices reaching their highest historic peak at VND92 million per tael.

VOV.VN - Domestic gold prices climbed to VND88 million per tael on January 22 following the global trend amid uncertainties surrounding US President Donald Trump’s potential tariff plans.

VOV.VN - Domestic gold prices in Vietnam fell up to VND2 million per tael on average on November 26 following a slump in the global gold market.

VOV.VN - The price of gold bars rose sharply in Vietnam on May 10 morning, hitting a new all-time high of VND91.80 million per tael without signs of stopping in the near future.

VOV.VN - Domestic gold prices kept skyrocketing on the afternoon of December 21 to pass the historic high, duly reaching VND75.7 million per tael.

Though the gap between domestic and global gold prices is significant, Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong said it is reasonable due to restricted supply.

VOV.VN - The nation’s consumption demand for gold during the second quarter of the year reached 14 tonnes, an increase of 11% against the same period from last year, according to figures given on July 28 by the World Gold Council (WGC).