Vietnam's gold prices hit three-month high

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Vietnam's gold prices hit three-month high

Source: Xinhua | 2024-09-18 | Editor:Ines

Vietnam's gold bar prices jumped 1.86 percent to 82 million Vietnamese dong (3,335 U.S. dollars) per tael Tuesday morning, the highest since June 1, VnExpress reported.

Saigon Jewelry Company (SJC) listed each tael of their gold at about 80 million (3,252 dollars) for sellers and 82 million dong for buyers on Tuesday morning. The prices went up 1.5 million dong (61 dollars) per tael compared to the previous day, Vietnam News Agency reported.

DOJI gold and jewellery corporation quoted SJC gold at the same prices on Tuesday morning.

The gold ring price sold by SJC remained steady at 77.8 million dong (3,164 dollars) to 79.2 million dong (3,221 dollars), down 100,000 dong (4 dollars) per tael compared to the previous day.

A tael equals 37.5 grams or 1.2 ounces.

The Vietnam's gold price reached its record high of over 92 million dong (3,741 dollars) per tael in early May.