SJC gold in Hanoi was listed at VND43.70-44.25 million (USD2,119-USD2,146) per tael at 9:30am on August 8, up VND2.3 million per tael against the previous session at weekend.
In HCM City, Danang, Nha Trang and Can Tho, gold prices hovered somewhere between VND43.65-44.25 million (USD2,117-USD2,146) per tael, VND1 million higher than in the global market.
One reason for people rushing to buy gold is that they did not have enough patience to wait for a fall in gold prices. Moreover, the Government has strictly controlled the import of gold since August 6.
In the global market, gold prices rose to USD1.693, up USD30 per ounce compared to the weekend’s session.
