Gold prices have gained more than 40% over the past 12 months and despite a pullback, experts see more bullish signs for the yellow metal to move even higher in the coming months.

With global uncertainties continuing to mount and central banks across the world increasing their gold reserves, the precious metal's price has soared to unprecedented heights over the last several months and is now inching toward the $3,

Vietnam gold bar price fell 0.77% to VND90.5 million (US$3,541.03) per tael Friday morning as global bullion rates were set for their biggest weekly drop in over three months.