Domestic gold prices slump further

Domestic gold prices on August 24 dropped sharply to VND47.60 million per tael, down VND550,000 per tael compared to the previous session.

SJC gold price was listed at VND47.30-47.60 million per tael in HCM City while Than Tai SBJ gold hovered around VND47.30-47.49 million per tael.

Meanwhile, gold prices in the world market also fell to US$1.826 per ounce, from a record high of US$1.911 in the previous session.

vov

>   Market shows signals of short dollar supply (24/08/2011)

>   Forex rates expected to stay stable (23/08/2011)

>   Central bank to allow additional gold imports (23/08/2011)

>   Gold surges to near VND49 million (22/08/2011)

>   Gold hits new high at VND47.5 million (20/08/2011)

>   Gold trading floor plan cops flak (19/08/2011)

>   Legal gold trading floors shut down, illegal floors open (19/08/2011)

>   Gold makes slight correction (18/08/2011)

>   Gold continues to climb further (18/08/2011)

>   Is it possible to predict gold prices? (17/08/2011)