Gold prices hit record high

After reducing from the high of VND37.5 million per tael late afternoon yesterday, SJC gold prices increased by nearly VND1 million this morning and continued escalating to approach VND38.5 million.

At 9:30 a.m. this morning in HCMC, a tael of SJC gold was purchased at VND37.3 million and sold at VND38 million. In Hanoi, DOJI Group posted selling price at VND38 million and buying price at VND37.5 million.

At noon, the buying and selling prices in HCMC hiked by VND1.35 million and VND1.5 million to hit VND37.7 million and VND38.4 million. In Hanoi, the prices were up VND1.3 million and VND1.4 million to reach VND37.85 million and VND38.3 million.

The difference between buying and selling prices were expanded by businesses to the maximum level of VND700,000 a tael.

Within less than two weeks since Britain's vote to leave the European Union, domestic prices of yellow metal has soared a total of VND4.5 million. The prices continuously hit three highs of VND36, 37 and 38 million per tael on the first two days of July.

As domestic gold prices increased faster than world prices on Monday and Tuesday, SJC gold prices have reversed from lower than the world level to VND1.6 million higher than the world prices.

By Hanh Nhung – Translated by Hai Mien

Other news

Most view


VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

SGN lists 24million shares on HOSE

 Saigon Ground Services JSC (under code: SGN) will list on the Ho Chi Minh City Stock Exchange (HOSE) 24 million shares for the first time starting on August 1st at a reference price of VND 140,000 per share.