Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
Gold hovers around VND42.45 million I_icon_minitimeYesterday at 6:02 am by Ditartyn

» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Gold hovers around VND42.45 million I_icon_minitimeSat Mar 23, 2024 9:25 am by swizzlestick

» ZIGPLACE
Gold hovers around VND42.45 million I_icon_minitimeWed Mar 20, 2024 6:29 am by Zig

» CBD Vape Cartridges
Gold hovers around VND42.45 million I_icon_minitimeThu Mar 07, 2024 2:10 pm by Arendac

» Classic Tony is back
Gold hovers around VND42.45 million I_icon_minitimeTue Mar 05, 2024 2:53 pm by Mission1st

» THE MUSINGS OF A MADMAN
Gold hovers around VND42.45 million I_icon_minitimeMon Mar 04, 2024 11:40 am by Arendac

»  Minister of Transport: We do not have authority over any airport in Iraq
Gold hovers around VND42.45 million I_icon_minitimeMon Mar 04, 2024 11:40 am by Verina

» Did Okie Die?
Gold hovers around VND42.45 million I_icon_minitimeMon Mar 04, 2024 11:34 am by Arendac

» Hello all, I’m new
Gold hovers around VND42.45 million I_icon_minitimeWed Jan 31, 2024 8:46 pm by Jonny_5

» The Renfrows: Prophets for Profits, Happy Anniversary!
Gold hovers around VND42.45 million I_icon_minitimeWed Jan 31, 2024 6:46 pm by Mission1st

» What Happens when Cancer is treated with Cannabis? VIDEO
Gold hovers around VND42.45 million I_icon_minitimeWed Jan 31, 2024 8:58 am by MadisonParrish

» An Awesome talk between Tucker and Russell Brand
Gold hovers around VND42.45 million I_icon_minitimeWed Jan 31, 2024 12:16 am by kenlej

» Trafficking in children
Gold hovers around VND42.45 million I_icon_minitimeMon Jan 29, 2024 7:43 pm by kenlej

» The second American Revolution has begun, God Bless Texas
Gold hovers around VND42.45 million I_icon_minitimeMon Jan 29, 2024 6:13 pm by kenlej

» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
Gold hovers around VND42.45 million I_icon_minitimeSun Jan 28, 2024 3:28 pm by Mission1st

» Tucker talking Canada
Gold hovers around VND42.45 million I_icon_minitimeWed Jan 24, 2024 6:50 pm by kenlej

» Almost to the end The goodguys are winning
Gold hovers around VND42.45 million I_icon_minitimeMon Jan 22, 2024 9:03 pm by kenlej

» Dinar Daily Facebook Page
Gold hovers around VND42.45 million I_icon_minitimeMon Jan 22, 2024 3:34 pm by Ponee

» The Fundamentals of Finance and Pimpy Live
Gold hovers around VND42.45 million I_icon_minitimeThu Jan 18, 2024 7:17 am by Dinarhater

» Why Won't the Iraqi Dinar Scam Die?
Gold hovers around VND42.45 million I_icon_minitimeWed Jan 17, 2024 5:19 pm by RamblerNash

Gold hovers around VND42.45 million

Go down

Gold hovers around VND42.45 million Empty Gold hovers around VND42.45 million

Post by 1alaskan Mon May 07, 2012 2:47 pm

Gold hovers around VND42.45 million

VietFinanceNews.com - Price of gold in Vietnam declined by VND150,000 per tael (1.2 ounces) over last weekend on May 7 as global price made correction after elections in France and Greece cast doubts on whether the eurozone would be able to ease the debt crisis.

Saigon Jewellery Company, Vietnam’s biggest gold processer and trader, bought the metal at VND42.26 million and sold at VND42.46 million as of 10.25am Vietnamese time.

Sacombank Jewellery Company collected gold at VND42.39 million and sold at VND42.47 million at 11am Vietnamese time.

Hanoi-based Phu Quy Jewellery Company purchased SJC-brand gold at VND42.39 million and sold at VND42.49 million as of 8.46am Vietnamese time.

Bao Tin Minh Chau Jewellery Company quoted price at VND41.85 million for buying, and VND42.15 million for selling at 12pm Vietnamese time.

Domestically, gold fetched VND1.3 million a tael, higher than global price.

On free market, dollars were bought at VND20,830 per dollar, and sold at VND20,850 per dollar, unchanged as of last weekend.

Vietcombank cut its rate by VND10 per dollar over last Friday to buy the greenback at VND20,820 per dollar, and sell at VND20,870 per dollar.

Internationally, gold sank as the US dollar strengthened after Francois Hollande ousted Nicholas Sarkozy in the French presidential elections on Sunday and Greece's pro-bailout ruling party suffered huge losses, fueling concerns on whether the eurozone would be able to push through the austerity measures to fight back the debt crisis.

Gold for immediate delivery fell as much as $3.2 an ounce to close at $1,639.9 an ounce at 10.30am Vietnamese time.

However, gold's decline was limited even as the dollar index jumped to a three-week high in reaction to the election results, as some investors see bullion as a safe-haven during political and economic uncertainty.

Meanwhile, SPDR Gold Trust sold nearly 10.3 metric tonnes of gold, reducing its holdings to 1,274.1 metric tonnes, the lowest level in the past three months.

The euro exchange rate against the US dollar was below $1.3 a euro in Tokyo this morning.

http://www.vietfinancenews.com/2012/05/gold-hovers-around-vnd4245-million.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
Elite Member

Posts : 4668
Join date : 2011-06-21
Age : 41
Location : Planet far far away

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum