Latest News about gold prices
The opening trading session of August 11 saw the price of domestic gold endure a sharp fall and is now hovering around VND56 million per tael following a series of consecutive increases over the past few days.
Domestic gold prices soared to a record nine-year high on the morning of July 9 after climbing to VND50.4 million per tael for the first time.
Gold prices went up in both global and local markets on March 24 when the gap of the prices between the two markets narrowed.
This year’s God of Wealth Day (February 3) saw fewer gold buyers than previous years due to fears of new coronavirus (nCoV).
Gold prices declined on Tuesday after touching a four-month high, but the uptrend is unlikely to stop.
Local gold prices hit a two-year high on June 21 as the global market continued to heat up.