On the morning of October 20, domestic gold prices rose to VND23,980,000/tael after the world gold nearly hit last week’s record of US$1,068/oz.
This was due to the imbalance between demand and supply.
Domestic gold was bought at VND23,870,000/tael and sold at VND23,980,000/tael.
It was transacted at a record VND23,980,000/tael in Ho Chi Minh City’s Saigon Jewelry Holding Company.
According to information from gold investors, gold transaction has been slow after a sharp increase early last week.
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