Gold prices increased to VND 46.37million/tael on Wednesday morning

Vietnam gold increased VND0.27 million from yesterday close to VND 46.37million/tael on Wednesday morning. The world gold slightly gained last night in New York but fell this morning in Asia .Local dollar prices were still kept at VND20,803.

SJC Hanoi quoted at VND46.150 million/tael for bid, and VND46.370 million/tael for bid and ask, respectively as of 9: 33 Hanoi time.

SJC in the free market was listed at VND46.300-46.500 million/tael for bid and ask, respectively.

Sacombank-SBJ gold prices were listed at VND46.200-VND46.400million/tael for bid and ask, respectively.

Rong Thang Long gold, a product of Bao Tin Minh Chau company,was trading at VND45.450 million/tael and VND45.650 million/tael for bid and ask, respectively.

BaoTin Minh Chau company which often listed its Rong Thang Long gold prices higher than SJC’s gold prices in the past, has listed its gold prices lower than the SJC‘s ones recently as the news that the State bank of Vietnam may approve only SJC company to produce the bullion in the near future.

The investors’ sentiment for Bao Tin Minh Chau’s gold was down recently despite the government said that even if the proposal comes into force, it does not affect the existing bullion in the market.

Tags: Gold price per tael, Vietnam gold, Vietnam gold market, Vietnam gold prices

Posted by admin on Nov 16 2011. Filed under Gold price. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry