Domestic gold prices break new record peak amid global uncertainties

VOV.VN - The domestic price of gold surged to reach an all-time high of VND59.85 million per tael on the morning of August 6 after the precious metal skyrocketed to US$2,055.1 per ounce in the global market.

domestic gold prices break new record peak amid global uncertainties hinh 0

The opening of the market saw one tael of SJC gold at the Saigon Gold, Silver and Gemstone joint stock company being purchased for VND58.6 million per tael and sold at VND59.85 million per tael, marking an increase of between VND700,000 to VND750,000 per tael in comparison to trading on August 5.

Simultaneously, the DOJI Gold and Gems Group were trading at VND58.4 million for buying and 59.5 million for selling per tael, representing a similar rise of VND650,000 per tael from the previous day.

Elsewhere, gold firm Bao Tin Minh Chau at 10:38am listed its prices for the precious metal at VND58.75 million for buying and VND59.60 million for selling.

The recent fluctuations occurring in domestic gold prices can largely be attributed to the impact of the global gold market which has seen prices witness a sharp rise of 0.9% to US$2,035.8 per ounce, with prices even reaching US$2,055.1 per ounce during the opening session of August 6.
VOV

Related news