Gold fell by VND200,000 a tael over the previous day on September 23

The price of gold in Vietnam only fell by VND200,000 a tael (1.2 ounces) over the previous day on September 23 although global price lost 2.5 percent in the trading session last night in New York.

Sacombank Jewelry Company bought gold at VND46.21 million and sold at VND46.49 million at 2 pm local time.

Saigon Jewelry Company, the biggest gold processor and trader in Vietnam, quoted the price at VND46.4 million for buying and VND46.6 million for selling in Ho Chi Minh City. In Hanoi, the company bought gold at VND46.4 million and sold at VND46.62 million.

Hanoi-based Phu Quy Jewelry Company purchased SJC-brand gold at VND46.45 million and sold at VND46.7 million at the same time.

Domestically, gold fetched around VND2.8 million a tael higher than global price.

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Tags: vietnam gold, Vietnam gold market, Vietnam gold prices

Posted by VBN on Sep 24 2011. Filed under Gold. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry