Gold prices hit a record high of VND44 million per tael

SJC gold in Hanoi was listed at VND43.70-44.25 million per tael at 9:30am on August 8, up VND2.3 million per tael against the previous session at weekend.

In HCM City, Da Nang, Nha Trang and Can Tho, gold prices hovered somewhere between VND43.65-44.25 million per tael, VND1 million higher than in the global market.

One reason for people rushing to buy gold is that they did not have enough patience to wait for a fall in gold prices. Moreover, the Government has strictly controlled the import of gold since August 6.

In the global market, gold prices rose to US$1.693, up US$30 per ounce compared to the weekend’s session. – VOV

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

Posted by VBN on Aug 9 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