Commodities
Vietnam Gold Price Dives Amid Stronger Dollar
The gold price has seen a decline in Vietnam, with prices dropping by 1.7 million VND/tael across various companies. The Saigon Jewelry Company listed the price of gold rings at 141.4 - 144.4 million VND/tael (buying - selling), down from early yesterday morning.
DOJI Group also saw a decrease in prices, listing gold rings at 142-146 million VND/tael (buying - selling), down another 1.6 million VND/tael in each transaction direction. The buying - selling difference is at 4 million VND/tael.
The world gold price has been affected by the strengthening USD and tough statements from the US Federal Reserve, which have hindered the recovery momentum of precious metals.