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gold price

Every story tagged gold price on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

Stories tagged gold price

12 stories in this topic

gold 1
Minjun ParkFinance

Gold prices up

SJC gold gained 0.07% to VND66.9 million ($2,819.45) per tael Friday morning. Gold ring price rose 0.09% to VND54.1 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally gold prices rose on Friday, on track for their first weekly gain in five, as…

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Sarah ChenGeneral

Gold prices rise

SJC gold prices increased 0.15% from an 11-week low Tuesday to VND66.7 million ($2,779) per Tuesday Wednesday afternoon. Gold ring prices dropped 0.19% to VND53.85 million per tael. A tael equals 37.5 grams or 1.2 ounces. Global spot gold was down 0.3% at…

Degussa GoldHandel
Wei ZhangFinance

Gold prices inch up

SJC gold prices went up 0.22% to VND67.15 million per tael Tueday. Gold ring prices fell 0.09% to VND53.95 million. A tael equals 37.5 grams or 1.2 ounces. Global spot gold increased by 0.3% at $1,791.91 per ounce as the dollar dipped, although lingering…

Degussa GoldHandel
Aiko TanakaGeneral

Gold demand recovers to its pre-pandemic level

Vietnam’s gold consumption reached 45.6 tons the first nine months of 2022, compared to 45 tons during the same period in the pre-pandemic year of 2019. In Q3, the country’s gold demand more than tripled to 12 tons from 3.3 tons a year earlier. Bullion and…

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Aiko TanakaLiving

Gold prices see historic one-day drop

Vietnam’s gold prices saw one of the deepest daily plunges in their history, going down by VND4 million ($170) a tael Monday. The Saigon Jewelry Company (SJC) sold its gold at VND64 million Monday afternoon, down almost 6 percent from the weekend. A tael…

gold 1
Wei ZhangGeneral

Vietnam gold prices surge to new peak

Vietnam gold prices rose to another new peak Wednesday, continuing its climbing trend in recent weeks as the Russia-Ukraine tension remains high. The state-owned Saigon Jewelry Company (SJC) sold its gold at VND67.4 million ($2,951.61) per tael Wednesday, up…

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Aiko TanakaGeneral

Vietnam gold prices climb to new record

Vietnam gold prices rose to a new high Tuesday on the back of global rates soaring because of rising international tensions over the Ukraine situation. The Saigon Jewelry Company (SJC) was selling its gold at VND63.85 million ($2,798) per tael at 3 p.m., up…

Degussa GoldHandel
Rajiv MenonFinance

Vietnam gold prices rise to new record

Gold prices in Vietnam hit a new peak Monday ahead of the God of Wealth Day amid surging demand. Saigon Jewelry Company (SJC) sold its gold at VND63.5 million ($2,801.49) per tael Monday afternoon, up 1.02 percent from Friday. A tael equals 37.5 grams or 1.2…

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Minjun ParkLiving

Gold prices hit new peak

Vietnam’s gold price hit a new historic peak of VND62.7 million ($2,769.32) per tael Tuesday, surpassing the previous record in August 2020, even as global rates went flat. Saigon Jewelry Company (SJC) sold its gold at VND62.7 million per tael Tuesday, up 1.2…

gold 1
Rajiv MenonGeneral

Gold price gains in eighth session

Vietnam’s gold prices climbed up for the eighth straight session Wednesday even as global rates steadied because of rising dollars. Saigon Jewelry Company (SJC) sold its gold at VND62.15 million ($2,727.65) per tael in the morning, up 0.57 percent from…

Degussa GoldHandel
Minjun ParkFinance

Gold scales 8-month peak on Fed rate pause hopes, trade woes

Gold prices edged up on Wednesday to hit their highest since May, supported by uncertainty over U.S.-China trade relations and expectations the U.S. Federal Reserve will keep rates on hold later in the day. Spot gold was up 0.2 percent at $1,313.91 per ounce…

Luk Fook
Sarah ChenFashion

Easing price of gold gives Luk Fook sales some shine

Luk Fook achieved same-store sales growth of 14 per cent in its latest quarter, thanks to lower gold prices, good market sentiment and a successful sales strategy. In a note to shareholders, chairman and CEO Wai Sheung Wong said same-store sales of gold…

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