Gold prices hit VND47.85 mil per tael

SJC gold in HCM City on October 4 reached VND47.55-47.85 million per tael, up VND50,000 from the previous trading session.

In the meantime, SJC gold in Hanoi rose by VND450,000 per tael to VND47.55-47.87 million per tael, a record high ever seen in a year.  

On the global market, Kitco gold jumped to US$1.778.8 per ounce, up US$5 per ounce compared to the previous trading session while Comex gold for December delivery showed an increase of US$4.2 to US$1.779.8 per ounce.

Early this week, gold prices reached US$1.791.2 per ounce, the highest level since November 2011.

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