The domestic price of gold rose by 200,000 dong/tael on the afternoon of August 4, to more than VND41.3 million/tael.
At 3pm, in HCM City, gold prices hovered around VND41.26-41.34 million/tael.
Meanwhile, in Hanoi’s gold stores, it was listed at even higher prices of VND41.24-41.37 million/tael.
The world’s price of gold increased slightly to $1,666 per ounce.
Based on today’s exchange rate of VND20,610 per US dollar, the domestic price of gold is now equal to the world value.