Gold prices reach nearly VND30 million/tael

The world’s gold price reached a record high US$1,276.5 per ounce in the New York market on September 15, pushing the domestic price of gold to a peak VND29.76 million/tael.

At 11.20am, SJC gold transactions at the Sai Gon Jewelry Company in Hanoi hovered somewhere between VND28.96 and 29.03 million/tael. Also, gold at Bao Tin Minh Chau Company stood at VND29.66-29.74 million/tael, up VND400,000/tael compared to the previous transaction.

In Ho Chi Minh City, SBJ gold was transacted at VND29.69-29.73 million/tael and SJC gold was listed at VND29.68-29.70 million/tael.

The domestic gold prices were affected much by the world’s gold shift. At present, in the New York market, it is standing at US$1,269.7 per ounce, US$25 more than the value on September 14 and surpassing the previous record set on June 21 (up US$4).

The USD/VND exchange rate remained high, hovering around VND19,502-19,505 per USD. – VOV

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

Posted by VBN on Sep 15 2010. 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