Gold prices in Vietnam's SJC rose 8% in Q1, with global gold prices increasing 9% in March.
Gold prices in Vietnam's SJC rose 8% in Q1, with SJC gold bars selling for nearly VND81 million ($3,266) per tael on the last trading day of Q1 (March 30). The global gold price increased 9% in March due to expectations of US Federal Reserve interest rate cuts and high demand for safe assets. Vietnam's gold market remained stable, causing no pressure on the official foreign exchange market.
April 01, 2024
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