Gold ring price reaches another new peak

By Dat Nguyen   April 5, 2024 | 10:19 pm PT
Gold ring price reaches another new peak
Gold statues on display at a shop in Haoni. Photo by VnExpress/Ngoc Thanh
Saigon Jewelry Company gold ring price jumped 1.46% to VND73.05 million ($2.926.10) per tael Saturday morning, a new historic level.

Gold bar rose 0.86% to VND82 million per tael Saturday morning.

Globally gold hit a record high at $2,305.04 an ounce on Thursday, up 12% since the start of the year.

Gold's April rally came on top of its 9.3% jump in March, the strongest since July 2020, which unfolded despite traditional macro headwinds such as a strong dollar and elevated U.S. real interest rates.

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