The State Bank of Vietnam (SBV) has issued a new regulation on management of gold bar production to stabilise the gold market.

The central bank has warned people to take caution when trading gold amid the strong fluctuations of the precious metal.

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.

VOV.VN - Vietnamese gold prices continued to soar on the afternoon of December 19, hitting a new record high of VND74.9 million per tael on the back of the ongoing global market rally.

VOV.VN - Domestic gold prices hit a new record high of VND71 million per tael on October 14 as prices of the yellow metal shot up in the global market.

VOV.VN - After witnessing three consecutive days of increase, SJC gold price officially surpassed the VND70 million per tael mark on October 12 morning.

VOV.VN - Gold prices in the Vietnamese market endured a drop on August 16 as they hovered at around VND66 million per tael, following the declining trend occurring in global markets.

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 - Gold prices slumped in the Vietnamese market on July 18 as they hovered at around VND64 million per tael, the lowest level since March 1.

VOV.VN - After skyrocketing to VND74.2 million per tael on March 8 morning, domestic gold prices tumbled sharply to VND72.5 million just in two hours.