Global gold price rise power domestic high
Domestic gold continued smashing its
record value, registering a high of 26.85 million VND per
tael, buoyed by speculation and the fast increase of gold prices on the
global market.
Domestic gold continued smashing its
record value, registering a high of 26.85 million VND (1,491 USD) per
tael, buoyed by speculation and the fast increase of gold prices on the
global market.
Gold gained more than 700,000 VND per tael (one tael is equal to 1.2 ounce) compared to November 8 and almost 1.3 million VND per tael up from November 6. Gold dealers in Hanoi and HCM City reported that sold gold volume was substantially greater than the amounts bought, despite the high prices.
Sai Gon Jewellery Holding Co (SJC)’s branch in Hanoi listed the buying and selling price at 26.55-26.85 million VND per tael, while SJC in HCM City listed prices at 26.3-26.5 million VND per tael.
PNJ-DAB gold leaf at Phu Nhuan Jewellery Co (PNJ) was traded at about 26.3-26.4 million VND per tael.
Orders on gold exchanges in Hanoi – such as the ACB, SBJ and Vina VJC – were matched at 23.68-24 million VND per tael in the morning.
Gold has gained 25 percent against the beginning of this year, mainly driven by the persistent weakness of the US dollar./.
Gold gained more than 700,000 VND per tael (one tael is equal to 1.2 ounce) compared to November 8 and almost 1.3 million VND per tael up from November 6. Gold dealers in Hanoi and HCM City reported that sold gold volume was substantially greater than the amounts bought, despite the high prices.
Sai Gon Jewellery Holding Co (SJC)’s branch in Hanoi listed the buying and selling price at 26.55-26.85 million VND per tael, while SJC in HCM City listed prices at 26.3-26.5 million VND per tael.
PNJ-DAB gold leaf at Phu Nhuan Jewellery Co (PNJ) was traded at about 26.3-26.4 million VND per tael.
Orders on gold exchanges in Hanoi – such as the ACB, SBJ and Vina VJC – were matched at 23.68-24 million VND per tael in the morning.
Gold has gained 25 percent against the beginning of this year, mainly driven by the persistent weakness of the US dollar./.
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