Gold devalues by nearly VND1 million per tael after God of Wealth Day

Gold devalues by nearly VND1 million per tael after God of Wealth Day

While the global gold price climbed, the price of gold in Vietnam on February 22 retreated by VND200,000 per tael (1.2 ounces) compared to the previous day, the day of the God of Wealth. Early in the morning, gold trading businesses simultaneously lowered their prices by VND300,000-VND350,000 per tael. However, after that bullion prices slightly increased again.