(TNO) Gold in the morning (05.11) has risen sharply again. Very significant increase of world market price of gold in pulling upward.
At City Market, at 11 am this morning, gold company Saigon Jewelry trading at 27.35 million / tael (purchase) and 27.41 million / (sold out), up 200,000 / tael than the closing price yesterday afternoon.
A similar increase is applied to the SJC gold in Hanoi market: buying 27.35 million / tael but the selling price to 27.43 million / tael.
Gold prices effect SBJ piece of jewelry company Sacombank sale at the same time is 27.33 and 27.37 respectively million / volume.Gold prices are constantly adjusted to keep abreast with the developments of world gold prices.
End of session in this morning (GMT), spot gold prices in New York (USA) closing at $ 1,202.7 / ounce, up 5 USD compared to the previous close.
Explaining the causes gold prices to increase, according to Reuters, psychological fear of instability on financial markets since the debt crisis Eurozone is still, so gold is considered a risk prevention plan.Also, gold fund SPDR largest increase buying has supported gold prices surged.
Gold version this morning (05/11) in Asia fluctuated around the 1,201 to 1,204 USD / ounce.Spot prices at 11 hours 10 update this morning (GMT) on the Asian market is 1,203.3 USD / ounce.