After a feverish investor interest propelled Gold prices into peaks of $1900 in August, gold prices have fallen in September and the metal is the worst performing asset when compared to S&P 500. At COMEX, gold prices have fallen to $1772 on September 15 after opening the month at $1821, a decline of over 2.60% for [...]
The price of gold in Vietnam only declined by VND150,000 a tael (1.2 ounces) over the previous day on September 13 although global price sharply sank in the trading sessions last night and this morning. Most gold shops bought the metal at VND47.1 million and sold at VND47.3-47.4 million at 10:40 am local time. Earlier, [...]
The price of gold in Vietnam struggled to hover around VND48 million a tael (1.2 ounces) amid muted trading on September 6 as global price hit $1,900 an ounce again. Sacombank Jewelry Company bought the metal at VND47.76 million and sold at VND47.89 million at 10:15 am local time. Saigon Jewelry Company, the biggest gold [...]
Investing legend, Jim Rogers has stopped buying gold, Silverand stocks and is upbeat on agriculture. In an interview to Garett Baldwin, Executive Editor of Investment U, Rogers said that agriculture prices on a historic basis are still depressed and that is where he sees the next opportunity. Jim Rogers, co-founder of the Quantum Fund told [...]
The domestic gold price on August 3 rose to VND41.3 million per tael as the world spot gold price hit US$1,675 per ounce. Domestic gold shops constantly updated their buying and selling prices up to 15 times during the day. On the afternoon of August 3, Phu Quy company’s gold shop on Tran Nhan Tong [...]
Gold is likely to hit $1650 an ounce by the end of the year and could even hit $1700, according to one analyst. “The continuing sovereign debt crisis in Europe, and in the US there is the possibility of further stimulus so all this generates an environment that is positive for gold,” Ong Yi Long, [...]
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