Gold Prices Reach New Peak

In a remarkable surge, the Saigon Jewelry Company gold bar has experienced a 2.16% increase, reaching VND118 million (US$4,560.82) per tael this Thursday.

Steady Prices for Gold Rings

Meanwhile, the price of gold rings remained stable at VND113.6 million per tael. It's noteworthy that a tael is equivalent to 37.5 grams or 1.2 ounces.

Yearly Surge in Gold Prices

Since the start of the year, gold prices have skyrocketed by 40%, showcasing the metal's growing value in uncertain times.

Global Gold Market Trends

On the global stage, gold continues its unstoppable rise, with bullion hitting a record high of $3,339 per ounce, marking a 3.5% increase, as reported by Reuters.

Future Projections

Adding to the optimism, the Australian bank ANZ has revised its forecast, predicting gold could reach $3,600 an ounce by the end of the year, citing accelerated safe-haven demand for the asset.