Gold prices fluctuate wildly

Domestic gold prices have fluctuated wildly in recent days and currently stand at VND33.13 million per tael.

In HCM City, SJC gold prices are VND33.03-33.1 million per tael to buy in HCM City while the selling price is VND10,000 higher than in Hanoi.

Compared to October 13, SJC gold prices have increased by VND530,000 per tael.

Meanwhile, on the world market, gold prices were listed at US$1,377.3 per ounce. In the New York market, the gold price for December delivery shows an increase US$23.80 per ounce or 1.8 percent to settle at US$1,370.50 per ounce while the gold price for October delivery has already climbed to US$1,369.50 per ounce.

The world’s largest gold-backed exchange-traded fund, SPDR Gold Trust said that its holdings remain at 1,287.33 tonnes. – VOV

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

Posted by VBN on Oct 14 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