Gold prices exceed VND31.5 million/tael

The world’s price of gold in New York on October 2 set a new record of US$1,322 per ounce, causing domestic gold prices to continue increasing steadily.

At 10a.m, SJC gold stood at VND31.43-31.48 million/tael, up nearly VND200,000/tael compared to transactions the previous day.

SBJ gold at Sacombank hovered around VND31.39-31.45 million/tael at 10.23a.m. Meanwhile, Thang Long Dragon gold was transacted at VND31.43-31.51 million/tael, surpassing its peak of VND31.5 million/tael for the first time.   

In New York, the world’s price of gold was listed at US$1,322 per ounce on October 2 night, and fell to US$1,317.9 per ounce at closing time.

September 30 marked the end of gold transactions in the third quarter, gold prices increased by 13.8 percent in September and by 28.3 percent in the third quarter.

vov

>   Speculators cause domestic gold hike (01/10/2010)

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>   Gold soars to new record (29/09/2010)

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>   Gold prices decline (28/09/2010)

>   Dollar demand stable, though pressures remain (28/09/2010)

>   Dollar demand stable, though pressures remain (27/09/2010)

>   Gold spikes to VND30.7 million (27/09/2010)

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