Hanoi’s Gold Shops Limit Sales as Buying Frenzy Pushes Prices to Record Levels

25.03.19

Vietnam is experiencing a gold rush as prices approach the 100 million VND per tael ($4,000 per ounce) milestone, with crowds forming outside Hanoi’s gold retailers on March 19. At Bao Tin Minh Chau, one of Vietnam’s leading gold shops, prices increased by 500,000 VND in a single morning, forcing…

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