Gold bar price rose by 1.75% to VND87.1 million (US$3,433.53) per tael in Vietnam Wednesday morning while global bullion rates hit a two-week high.

Saigon Jewelry Company gold bar went up 0.47% to VND85.6 million (US$3,373.66) per tael. Gold ring jumped 0.71% to VND84.8 million per tael.

Gold price went up marginally in Vietnam but fell globally as investors took profit Tuesday morning.

Money does not offer advisory services.*** Gold hit an all-time high in October 2024, and many analysts believe that the precious metal can reach $3,000 per troy ounce by the end of 2025. Gold has taken a dip since reaching its all-time high,