Latest topics
VIETNAM Gold devalues; black-market dollar rises
Page 1 of 1
VIETNAM Gold devalues; black-market dollar rises
by 1alaskan Mon May 14, 2012 8:45 pm
Gold devalues; black-market dollar rises
VietFinanceNews.com - The price of gold in Vietnam declined slightly over last weekend on May 14 while global price edged up thanks to bottom fishing.
Saigon Jewellery Company, Vietnam’s biggest gold processer and trader, bought the metal at VND41.43 million and sold at VND41.58 million as of 9.58am Vietnamese time.
Hanoi-based Phu Quy Jewellery Company purchased SJC-brand gold at VND41.49 million and sold at VND41.59 million as of 11.20am Vietnamese time.
Bao Tin Minh Chau Jewellery Company quoted price at VND40.8 million for buying, and at VND41.1 million for selling at 12.15pm Vietnamese time.
Domestically, gold fetched VND1.7 million a tael, higher than global price.
On free market, dollars were bought at VND20,920 per dollar, and sold at VND20,940 per dollar, up VND80 per dollar over last Friday.
Meanwhile, Vietcombank continued to buy the greenback at VND20,820 per dollar, and sell at VND20,870 per dollar.
Internationally, gold recovered at the trading session in Asia this morning on bargain hunting but gains could be capped by concerns over worsening European sovereign debt crisis after weekend talks to form a new Greek government failed.
Gold for immediate delivery recovered as much as $1.2 an ounce to trade at $1,582.6 an ounce at 10.45am Vietnamese time.
The euro exchange rate against the US dollar was at below $1.29 a Euro in Tokyo this morning.
Crude oil futures for June delivery lost $0.73 a barrel to trade at $95.4 a barrel at 10.50am Vietnamese time.
http://www.vietfinancenews.com/2012/05/gold-devalues-black-market-dollar-rises.html
VietFinanceNews.com - The price of gold in Vietnam declined slightly over last weekend on May 14 while global price edged up thanks to bottom fishing.
Saigon Jewellery Company, Vietnam’s biggest gold processer and trader, bought the metal at VND41.43 million and sold at VND41.58 million as of 9.58am Vietnamese time.
Hanoi-based Phu Quy Jewellery Company purchased SJC-brand gold at VND41.49 million and sold at VND41.59 million as of 11.20am Vietnamese time.
Bao Tin Minh Chau Jewellery Company quoted price at VND40.8 million for buying, and at VND41.1 million for selling at 12.15pm Vietnamese time.
Domestically, gold fetched VND1.7 million a tael, higher than global price.
On free market, dollars were bought at VND20,920 per dollar, and sold at VND20,940 per dollar, up VND80 per dollar over last Friday.
Meanwhile, Vietcombank continued to buy the greenback at VND20,820 per dollar, and sell at VND20,870 per dollar.
Internationally, gold recovered at the trading session in Asia this morning on bargain hunting but gains could be capped by concerns over worsening European sovereign debt crisis after weekend talks to form a new Greek government failed.
Gold for immediate delivery recovered as much as $1.2 an ounce to trade at $1,582.6 an ounce at 10.45am Vietnamese time.
The euro exchange rate against the US dollar was at below $1.29 a Euro in Tokyo this morning.
Crude oil futures for June delivery lost $0.73 a barrel to trade at $95.4 a barrel at 10.50am Vietnamese time.
http://www.vietfinancenews.com/2012/05/gold-devalues-black-market-dollar-rises.html
*****************
Being defeated is often a temporary condition. Giving up is what makes it permanent.
Marilyn Vos Savant
Yesterday would have been better, but today is a good day
Remember as always, JMHO
Rantings from just north of sixty
1alaskan- Elite Member
- Posts : 4668
Join date : 2011-06-21
Age : 41
Location : Planet far far away
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
» Russia aren't taking any prisoners
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
» ZIGPLACE
» CBD Vape Cartridges
» Classic Tony is back
» THE MUSINGS OF A MADMAN
» Minister of Transport: We do not have authority over any airport in Iraq
» Did Okie Die?
» Hello all, I’m new
» The Renfrows: Prophets for Profits, Happy Anniversary!
» What Happens when Cancer is treated with Cannabis? VIDEO
» An Awesome talk between Tucker and Russell Brand
» Trafficking in children
» The second American Revolution has begun, God Bless Texas
» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
» Tucker talking Canada
» Almost to the end The goodguys are winning
» Dinar Daily Facebook Page