Local gold prices eased lightly yesterday after soaring to its 8.5 year highest near VNĐ50 million (US$2,168) per tael (1.2 ounce) on Wednesday. A same trend was reported in the global market.
All big gold firms and smaller gold shops across the country have been closed from April 1 due to social distancing regulations.
Local gold prices soared back to hit VNĐ47.7 million (US$2,053) per tael ($1,703.7 per ounce).
Domestic gold prices soared to an eight-year high on Monday, reaching VNĐ49.4 million (US$2,128.66) per tael ($1,766.4 per ounce).