Việt Nam is region's largest gold market: WGC

04/05/2021 17:25 5

Việt Nam is region's largest gold market: WGC


HÀ NỘI — Việt Nam is the largest gold market in Southeast Asia, according to a recent study of the World Gold Council (WGC).

The WGC also announced the country among the top 10 markets in the world, saying consumer demand for gold in Việt Nam reached 39.8 tonnes in 2020, higher than the demand of 37.6 tonnes in Indonesia and 9.4 tonnes in Singapore.

Ending yesterday, SJC gold price was bought at VNĐ55.2 million (US$2,379) and sold at VNĐ55.6 million ($2,396) per tael. Compared with gold prices listed on the global site of Kitco at $1,785 per ounce ($2,142 per tael), each tael of gold in Việt Nam was $254 higher than the world price. — VNS

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