Vietnam Business News
Vietnam Business News |
| Barclays: Gold confronts seasonal demand weakness Posted: 02 Jul 2011 10:57 PM PDT Price action was mixed across the precious metals yesterday with Gold and Silversurrendering some of their recent gains, while Palladiumedged higher but Platinum was unchanged on the day at $1720/oz. Following the Greek parliament's approval of the austerity measures, gold 1 July 2011 4 prices initially closed above the $1500/oz mark, but lost ground yesterday to settle at $1499.6/oz. [...]
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| Posted: 02 Jul 2011 10:38 AM PDT The price of gold in Vietnam dropped by VND100,000 a tael (1.2 ounces) on July 1 as global price continuously declined due to weak buying demand. Most gold shops bought the metal at VND37.6 million and sold at nearly VND37.7 million. Yesterday, the metal stood above VND37.8 million. Sacombank Jewelry Company bought gold at VND37.65 [...]
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