Gold price slips to 36.36m dong/tael

The gold price in the domestic today Wednesday (May 18) dropped 40,000 dong in buying price from late yesterday to stand at 37.36 million dong/tael due to the world gold price declined sharply.

At 9:00 am today morning, the SJC gold price of Saigon Jewellery JSC was listed at 37.27-37.36 million dong per tael (buying-selling prices), down 80,000 dong in buying price and 40,000 dong/tael in selling price.

The gold price of Bao Tin Minh Chau also dropped to 37.26-37.38 million dong per tael, down 30,000-20,000 dong day on day.
The SBJ gold price at Sacombank bank was quoted at 37.27-37.35 million dong per tael, slipping 40,000 in buying price.

The gold price for immediate delivery on Kitco floor is standing at $1,489.7 per ounce.

The interbank forex rate announced by the State Bank of Vietnam (SBV) today is at 20,673 dong/US dollar, remaining unchanged from yesterday.

Accordingly, the ceiling forex rate applying for commercial banks today will be 20,880 dong/US dollar.

The forex rate quoted at SBV is at 20,600-20,880 dong/US dollar and it is commonly at 20,700-20,850 dong/US dollar at commercial banks.

Vietnam Commercial Joint Stock Bank for Foreign Trade (Vietcombank-VCB) today quoted the forex rate at 20,700-20,850 dong/US dollar, remaining unchanged from yesterday.

Meanwhile, Asia Commercial Joint Stock Bank (ACB) listed the forex rate at 20,740-20,880 dong/US dollar, rising 130 dong day on day. Vietnam Export Import Commercial Joint Stock Bank (Eximbankl-EIB) announced its forex rate at 20,650-20,820 dong/US dollar, dropping 30 dong day on day.- DVT

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

Posted by VBN on May 18 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