On the morning of August 5, domestic prices climbed by VND450,000-620,000 per tael from the previous day’s closing prices and outran global prices by about VND2 million per tael.

Gold prices in Vietnam have surged above the VND58 million mark per tael as the precious metal set a new record on the global market.

As of 10 am, a tael of SJC gold was listed at VND57.4 million for purchase and VND58.6 million for sale in Ho Chi Minh City, up VND570,000 and VND620,000, respectively.

Gold at DOJI also rose by VND450,000 for the purchase price and VND600,000 for the sale price to VND57.3 million and VND58.3 million, respectively.

The difference between purchase and sale prices narrowed compared with the previous week, indicating that gold traders are seeing the pressure on the precious metal in the domestic market no as having eased as compared to a fortnight ago.

The exchange rate set by the State Bank of Vietnam on August 5 was VND23,208 per US dollar.

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“Gold” drops in Tay Yen Tu

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Bac Giang born athlete Nguyen Thi Oanh wins gold at Tien Phong National Marathon Championship

(BGO) – The 61st National Marathon Championship and Long Distance Tien Phong Newspaper was jointly held on July 5-6 at Ly Son island district, Quang Ngai province by Vietnam Athletics Federation, Tien Phong Newspaper and Quang Ngai provincial People’s Committee.

Source: NDO