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Posts tagged as: Vietnam gold price

Gold recedes to nearly VND42 million in Vietnam

Price of gold in Vietnam retreated to nearly VND42 million a tael (1.2 ounces) on April 19 as global price continually declined on concerns that the eurozone debt crisis could flare up again. Sacombank Jewellery Company bought gold at VND42.55 million and sold at VND42.63 million as of 9.05am Vietnamese time. Saigon Jewellery Company, Vietnam’s [...]

Quiescent gold market holds breath for new regulations

The Vietnamese gold bullion market has gone very quiet as it waits on a Government decree vesting management of gold trading in the central bank to take effect on May 25. Transactions are sharply down while a long-existing difference between domestic and global prices has almost closed. This happened last week when global prices increased [...]

Gold prices in Vietnam dropped slightly on April 18

Price of gold in Vietnam dropped slightly on April 18 as global price prolonged losing trend, on concerns over the financial situation in Spain. Sacombank Jewellery Company bought gold at VND42.75 million and sold at VND42.9 million as of 7.50am Vietnamese time. Saigon Jewellery Company, Vietnam’s biggest gold processer and trader, collected the metal at [...]

Vietnam gold prices broke down the VND43 million/tael threshold

Vietnam gold prices broke down the VND43 million/tael threshold to the lowest level since the Lunar New Year (for 3 months) at VND42.92million/tael on Tuesday morning, following the world gold prices. SJC Hanoi quoted at VND42.70 million/tael for bid and VND42.92 million/tael for ask, respectively as of 9:42 am, Hanoi time. Sacombank-SBJ gold was listed [...]

April 16: Vietnam gold falls to 3month low at vnd43.19mln/tael

Vietnam gold prices were trading at the lowest level since the Lunar New Year (for 3 months) at VND43.19million/tael on Monday morning, following the world gold prices. SJC Hanoi quoted at VND42.97 million/tael for bid and VND43.19 million/tael for ask, respectively as of 9:57 am, Hanoi time. Sacombank-SBJ gold was listed at VND43.08VND43.16 million/tael for [...]