In the New York market on February 26, gold was up by US$10.4/ounce to US$1,118.9/ounce when investors became less worried about the debt in Greece. In response to optimistic information on the US Gross Domestic Product (GDP), the world’s gold prices reached a high level of US$1,120/ounce.

On February 27, gold was transacted at US$1,118.05/ounce in Asian market.

Backed by global gains, domestic gold businesses listed the price with an increase of VND10,000/tael against the previous day.

At 10am, Thang Long Dragon gold at Bao Tin Minh Chau Company stood at VND26.57-26.67 million/tael, rising by VND140,000/tael compared to closing time on February 26. Meanwhile, SJC gold in Hanoi increased at a lower rate, up VND110,000/tael to VND26.54-26.64 million/tael.