HANOI, May 12 (NNN-VNA) – Jewellery stores in Vietnam have been crowded with customers, looking to buy gold, as prices kept soaring to an all-time high of over 90 million Vietnamese dong (3,536 U.S. dollars) per tael, in recent days, VnExpress reported.
A store on Cau Giay street, in the capital, Hanoi, even had to stop accepting walk-in customers, only serving those who had already fixed an appointment, the newspaper reported, yesterday.
Saigon Jewellery Company gold bullion price, shot up 2.6 percent to 91.8 million dong (3,607 dollars) per tael on Friday morning, after reaching a record 89.5 million dong (3,517 dollars) on Thursday afternoon.
Gold ring prices slightly increased by one percent to 76 million dong (2,987 dollars) per tael, on Friday.
Since the central bank began auctioning gold bars in late Apr, the precious metal has seen its price skyrocket.
A total of 6,800 taels of gold bars have been successfully auctioned during two recent sessions in Vietnam.
A tael equals 37.5 grams or 1.2 ounces.– NNN-VNA
