Gold price sets new record on Dec. 26 noon (Photo: VNA)
Hanoi (VNA) – The domestic gold price hascontinued its rising trend, hitting a new record of 80 million VND (3,291 USD) pertael (37.5 grams) on December 26 noon.
In Hanoi, the DOJI Gold & Gems Group listed the buyingand selling prices of SJC gold at 79.2 million VND and 80.2 million VND pertael, respectively, a respective rise of 1.9 million VND 1.7 million VND per taelcompared to December 25’s closing session.
Similarly, Phu Quy Jewelry Group also listed its purchaseprice of SJC gold at 78.8 million VND per tael, and the selling price at 80million VND per tael, up 1.5 million VND per tael and 1.6 million VND per tael,respectively compared to the closing session on December 25.
SThe aigon Jewelry Company (SJC) hiked the buying price of goldby 1.6 million VND per tael to 79 million VND per tael, while raising theselling price by 1.8 million VND per tael to 80.22 million VND./.
Gold remains a potential investment channel until the end of this year, though the global economy in general, and Vietnam in particular, still possess potential risk factors related to recession and inflation, which make it difficult to forecast the gold price.
In its recent report, the World Gold Council said demand for gold in Vietnam shrank 9% in the second quarter year on year due to the economic difficulties.
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