Gold prices in most jewellery shops in the country rose VND600,000 per tael at the opening session of November 8.
Gold was listed VND45.9 million-VND46.2 million per tael at Bao Tinh Minh Chau Jewelry Company in Hanoi and at VND46.2 million-VND46.4 million by Sacombank Jewelry Company (SBJ) and Saigon Jewelry Company in Ho Chi Minh City.
Domestic gold is still VND400,000 higher than elsewhere in the world, even though the public debt crisis in Europe has driven the price of gold to US$1,800 per ounce.
Meanwhile, the State Bank of Vietnam (SBV) has maintained the interbank exchange rate of VND20,803 per US dollar for 11 successive days. – VOV
on November 8, 2011. Filed under Precious metals.
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