Business

Largest drop in gold price for months

On April 19, the price of gold on the domestic market saw its biggest fall since the beginning of this year, after sliding downwards for a number of days.
On April 19, the price of gold on the domestic market saw its biggestfall since the beginning of this year, after sliding downwards for anumber of days.

By almost midday, the SaigonJewellery Company listed their prices at 42.3 million VND a tael (1.2ounces) for customers to sell and 42.52 million VND to buy, 280,000 VNDlower than the opening price.

During afternoontrading, the company adjusted its prices to 42.4 million VND a tael tosell and 42.62 million VND to buy, up by 100,000 VND per tael.

On the global market, gold was traded at below 1,645 USD per ounce. By5 pm the prices had fallen to 1,641.9 and 1,643.5 USD an ounce.-VNA
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