3 articles
Major Vietnamese gold companies cut prices for gold bars and plain gold rings on November 12. By midday, SJC and PNJ were selling gold bars at VND 139 million per tael; other major firms quoted the same selling price that afternoon.
On the morning of November 11, gold bars in Vietnam were quoted at VND 136.5 million to 139.5 million per tael, down nearly VND 1.5 million from the previous close and their lowest level this month. Plain gold ring prices also fell, while the gap between domestic and international gold prices remained close to VND 14 million per tael.
Gold shops across Vietnam cut prices for gold bars, plain gold rings and jewelry on November 10. Mi Hồng lowered both its buying and selling prices for gold bars and plain gold rings by VND 1.2 million per tael from the previous day. International spot gold also fell, reaching USD 4,121.90 per ounce at 1:40 p.m.
