Domestic gold price sharply falls

The domestic price of gold at banks and stores on September 25 dropped by VND160,000 per tael (1.2 ounces) to between VND22.07 and 22.13 million per tael, the lowest level this week after falling three days in a row.

The price of gold at Saigon Jewelry in Ho Chi Minh City was transacted at VND22.07 to 22.13 million per tael.

Meanwhile, gold in Hanoi was sold at VND22.15 million per tael, VND20,000 higher than in HCM City.

World gold price was US$996.1 per ounce, an increase of $2.4 per compared with the previous day.

Price of crude oil dipped to $66 per barrel on September 25, a fall of $2.35 per barrel previous day.

By L.M.Thi - Translated by Le Thu

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