Home » Gold » Gold prices follow global market fluctuations

In the mGold prices follow global market fluctuationsorning, SJC gold in Ho Chi Minh City was listed at VND44.3-44.5 million per tael, up VND250,000/tael compared to last weekend.

In Hanoi, SJC gold hovered around VND44.3-44.55 million per tael before hitting VND44.7 million per tael at 9am.

This morning, the price on the world market saw a slight increase to US$1,676.28 per ounce, up US$5 per ounce over the previous transaction.

Domestic gold prices saw strong fluctuations over the past week, from around VND42 million/tael on Monday to nearly VND45 million/tael on Thursday.

Vietnam’s gold price on August 23 was VND3 million/tael higher than that on the global market. However, economists said, the domestic price is likely to be adjusted in line with the global market during upcoming transactions.

Meanwhile, the US dollar exchange rate was stabilized over the past week, staying at VND20,830-20,880/USD. The average rate over the past eight months has stood at about VND20,828/USD.


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