WHAT'S NEW

Gold market heats up for God of Wealth Day

by VTV415 February 2019 Last updated at 09:34 AM

VTV.vn - The domestic gold market heated up and gold prices rose on the God of Wealth Day, which falls on the 10th day of the Lunar New Year (February 14).

Legend has it that the God of Wealth returns to heaven on the 10th day of the new year, so Vietnamese have a tradition of buying gold for luck and prosperity throughout the year.

The Sai Gon jewelry company listed the gold buying/selling prices at VND 36.97/37.35 million per tael of SJC gold bar, up VND 30,000 for buying and selling. It was forecast that the demand for gold would further increase, so the gap between buying and selling may widen. Experts recommend people should only buy gold for good luck rather than for investment because prices may fall.

Tags:

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2019-08-19 03:36 UTC

WEATHER FORECAST