Gold hovers around VND45 million on Tuesday

The price of gold in Vietnam stood steadily below VND45 million on September 27 with the gap between buying and selling prices at around VND500,000 a tael after changing wildly the previous day.

Phu Nhuan Jewelry Company quoted the prices at VND44.55 million for buying, and VND44.85 million for selling at 2:14 pm local time.

Sacombank Jewelry Company bought gold at VND44.31 million and sold at VND44.79 million at 1:05 pm local time.

Saigon Jewelry Company, the largest processor and gold trader in Vietnam, collected gold at around VND44.5 million and sold at VND44.9 million at 1:48 pm local time.

Hanoi-based Phu Quy Jewelry Company purchased SJC-brand gold at VND44.55 million and sold at VND45.05 million at the same time.

Domestically, gold fetched around VND3 million higher than global price.

The US dollar exchange rate against the Vietnamese dong stalled on free market. Dollars were bought at VND21,230 and sold at VND21,300.

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