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On the morning of November 12, SJC quoted gold bars at VND 136 million–139 million per tael after cutting its selling price by VND 1 million from the previous close. International gold and domestic silver prices also fell, while bank USD quotes rose for a fourth consecutive trading day.
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.
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.
