Gold prices rebound after drop

Vietnam gold prices rallied Wednesday morning after a sharp decline in the previous session.Saigon Jewelry Company gold bar price rose 0.39% to VND156.2 million (US$5,928.34) per tael after losing 1.02% on Tuesday. Lender ACB and jewelers PNJ and Doji quoted similar prices.

Local bullion prices are roughly VND20 million per tael higher than global rates.

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