At 10:45 a.m. on February 22, Saigon Gold and Jewelry Company listed each tael of SJC gold at VND63.2 million for buying, and VND63.8 million for selling, representing increases of roughly VND550,000 to both prices compared to February 21 transactions.

Both selling and buying prices for gold bars quoted by DOJI Group stood at VND63.7 million and VND63 million per tael, respectively, rising by VND500,000 and VND600,000, respectively, against the previous day.

In terms of the global gold market as a whole, prices hovered at approximately US$1,907 an ounce on February 22, equivalent to VND52.74 million per tael when converted in the domestic exchange rate.

Gold prices easily surpassed the US$1,900 mark amid ongoing tensions between Russia and Ukraine, causing domestic gold bar prices reach a new peak.