Gold prices soar to another record high

July 21, 2020 - 14:47

On Tuesday, Saigon Gold and Jewelry Company listed each tael of SJC gold at VNĐ50.82 million for buying and VNĐ51.20 million for selling, both up VNĐ300,000 sides from a day before.

Gold trading in Mạnh Hải Gold Firm in Hà Nội. — VNA/VNS Photo Trần Việt

HÀ NỘI — The price of goal soared to another record high of VNĐ51.20 million (US$2,210) per tael (1.2 ounces) on the local market on Tuesday as prices slipped in the global market.

On Tuesday, Saigon Gold and Jewelry Company listed each tael of SJC gold at VNĐ50.82 million for buying and VNĐ51.20 million for selling, both up VNĐ300,000 sides from a day before.

On the same day, Phú Quý Group and Doji Group rated its buying price at VNĐ50.80 million with a sales price of VNĐ51.05 million. Those prices were up VND200,000 from July 20.

Bảo Tín Minh Châu Gold Firm in Hà Nội increased rates by VNĐ150,000 per tael to VNĐ50.92million to buy and VNĐ51.12 million to sell compared to Monday’s rates.

After soaring to its highest since September 2011, global gold prices fell a bit to close at $1,818 per ounce ($2,190 per tael) on the gold exchange Kitco. — VNS

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