Gold prices climb back to 1,500 USD per tael

Domestic gold price topped 29.5 million VND (1,512 USD) a tael on September 8, an increase of 200,000 VND over September 7.

Domestic gold price topped 29.5 million VND (1,512 USD) a tael on September 8, an increase of 200,000 VND over September 7.

A tael of gold is equivalent to 1.20z.

At 4pm, Bao Tin Minh Chau quoted buying/selling gold price at 29.43-29.49 million VND while Sai Gon Jewelleries Company sold at 29.49 million VND a tael.

On global market, spot gold increase 6 to 1,259.10 USD an ounce, in sight of the all-time high of 1,264 USD in June.

US crude eased 0.3 percent to below 74 USD a barrel./.

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