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On the morning of November 12, the selling price of SJC gold in Vietnam fell by VND 1 million from the previous close to VND 139 million per tael. Some gold ring prices also declined. International gold prices fell, while the State Bank of Vietnam raised its central USD/VND exchange rate by VND 12.
On the morning of November 12, Vietnam’s domestic SJC gold price fell by 1 million dong per tael from the previous day’s close. In Hanoi, the buying and selling prices were 136 million and 139 million dong per tael, respectively. International gold prices also continued to decline.
Global gold prices fell again on November 11 as higher than expected US inflation and Federal Reserve officials’ interest rate comments strengthened the dollar. In Hanoi, SJC gold closed at 137 million Vietnamese dong per tael for buying and 140 million dong per tael for selling.
Domestic gold prices across Vietnam fell on the morning of November 11. At 9:15 a.m., several companies were selling SJC gold for VND 139.5 million per tael, down VND 1.4 million from the previous trading day's close. International gold prices also declined, while the State Bank of Vietnam raised its central exchange rate by VND 11 per USD.
Vietnamese gold prices rose at the opening of morning trading on November 10, with SJC gold selling for VND 141.5 million per tael at 9:05 a.m. The State Bank of Vietnam lowered its central exchange rate by VND 10 per US dollar, while commercial banks raised their rates.
