VINACHEM

Gold bar prices in Vietnam skyrocketed to more than VND67 million per tael, the highest recorded figure in history on March 2 after nosediving to VND66 million per tael the previous day.

At 9:25 a.m. on March 2, the Saigon Gold and Jewelry Company quoted its SJC gold price at VND66.55 million per tael for buying and VND67.35 million per tael for selling in Ho Chi Minh City, and VND66.55 million per tael for buying and VND67.37 million per tael for selling in Hanoi.

These latest price changes represent rises of VND1 million in terms of both buying and selling compared to March 1 transactions.

Simultaneously, Phu Nhuan PNJ Company listed each tael of SJC gold at between VND65.65 million and VND66.4 million for buying and selling respectively.

In the global market, the March 2 trading session witnessed gold prices hover at roughly US$1,945.8 per ounce, an increase of US$37 per ounce from the previous day.  - VNN-