By the end of last week, gold price strongly increased to the peak after an increase in Asia-Europe session and reduction in American session. By yesterday (May 23) gold price hit USD 1,515.29 per ounce or increased by USD 18 per ounce – the highest since May 10. In the meantime, domestic gold price slightly increased to VND 37.44 – 37.53 million for SJC. Tradings of gold is relatively low because investors is tending to invest into VND savings at attrative interest rates.
Reported by Truc Huynh – Translated by Vi Bao