Vietnamplus

Gold prices continued to rise on the domestic market on the last day of July, reaching near 58 million VND (2,495 USD) per tael (1.2 ounces).

Domestic gold prices kept soaring this morning to pass the historic high on July 6, reaching 50.32 million VND (2,172 USD) per tael (1.2 ounces). The prices of the yellow metal went up in the global market.

Local gold prices soared to hit 47.7 million VND (2,053 USD) per tael (1,703.7 USD per ounce) on March 6.

Domestic gold prices soared to an eight-year high on February 24, reaching 49.4 million VND (2,128.66 USD) per tael (1,766.4 USD per ounce).

Local gold prices hit a two-year high on June 21 as the global market continued to heat up.

The gap between the gold buying and selling prices on the God of Wealth Day is wider than ever. In some gold stores, the gold selling price is even double the buying price.

Domestic gold market heats up with gold shops introducing various products to take advantage of huge demand on God of Wealth Day, which falls on the 10th day of the Lunar New Year (February 14).

Domestic gold prices have seen a steady increase since the beginning of this week.

Gold products were sold out at a number of stores amid a sharp increase in customers compared to previous days during the God of Wealth Day on February 25.

The domestic gold market did not show much fluctuations on June 15 after the Fed raised its prime rates, with gold prices moving around the mark 36 million VND a tael (37.5 grammes).

The domestic gold price rocketed to hit 38 million VND (1,710 USD) per tael on July 6 morning in line with the global trend.

The domestic gold price skyrocketed to over 36 million VND per tael (1 tael = 12 ounces) on July 4, the highest level in the last two years.

Gold prices dropped 110,000 VND (4.9 USD) from the beginning of this week in the local market, while the global gold prices fell to their lowest level since 2010 on November 13.

Gold prices went down 150,000 VND (6.7 USD) per tael or 37.5 gm in the local market on October 20 from last week's rate.