Gold prices hit record low

(VOV) -Gold prices on the domestic market have declined sharply to around VND35.7 million/tael – a record low since June 28. However, they are still VND4.2 million/tael higher than those on the global market.

At the November 25 trading session, DOJI Group offered VND35.78-35.84 million/tael, VND90-100,000/tael lower than two days ago, while Phu Nhuan (PNJ) gold was traded at VND35.79-35.85 million/tael.

Gold prices on the Vietnamese market are forecast to drop to less than VND29 million/tael as ever recorded last June.

On the world market, gold was listed at US$1,242.4/ounce, close to the four-month lowest level of US$1,236/ounce reported earlier last week.

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