Domestic gold prices have surpassed VND45 million/tael after the world price of gold on October 25 hit US$1,700 per ounce, the highest level within one month.
At 8.31am on October 26, SJC gold at the Vietnam Technological and Commercial Joint Stock Bank (Techcombank) hovered around VND44.85-45.10 million/tael.
At the same time, SJC gold at the Vietnam Export Import Commercial Joint Stock Bank (Eximbank) and Asia Commercial Bank (ACB) was VND44.8 million/tael.
Than Tai SBJ gold at these two banks was listed at VND44.75-45.05 million/tael.
In New York, the price of gold reached US$1,704.7 per ounce.
Also, on October 26, the State Bank of Vietnam raised the interbank exchange rate from VND20,748 to VND20,768 per US dollar.
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