Given a large gap between domestic and international gold prices, it would be high risks for investors to bet their money on gold at the moment, said an expert.

VOV.VN - Local gold prices continued to rise considerably on January 6, recording an increase of nearly VND1 million per tael over the past three days, surpassing the VND57 million per tael mark, the highest level seen since September last year.

VOV.VN - The domestic price of gold shot up to VND56.75 million per tael on September 10 following the precious metal rising to US$1,950 per ounce in the global market.

VOV.VN - The price of gold in local and global markets continued to suffer a sharp decrease on August 12 following an announcement on Russia's progress in developing a novel coronavirus vaccine.

VOV.VN - Domestic gold prices suffered a drop of between VND500,000 and VND1 million per tael for selling, falling to VND58 million per tael during the opening session of the week on the morning of August 10,

VOV.VN - Masses of people nationwide have been flocking to jewellery shops in order to sell the precious metal to cash in on the increasing trend of gold prices reaching an all-time high of VND62 million per tael.

VOV.VN - The domestic price of gold surged to reach an all-time high of VND59.85 million per tael on the morning of August 6 after the precious metal skyrocketed to US$2,055.1 per ounce in the global market.

VOV.VN - For the first time this year gold smashed the US$2,000 per ounce mark in the global market early August 5, prompting local gold prices to reach a new peak of VND58.7 million per tael shortly afterwards.

The recent surge of gold prices may cause risks for individual buyers, experts and analysts have warned.

VOV.VN - Domestic gold surged to hit all-time peak of VND58 million per tael on July 28 morning after the precious metal skyrocketed to US$1,977.2 per ounce in the global market.