Modules
Chemical Prices
Tariff & Taxes
Export-Import
Country Watch
Energy Statistics
Customized Research
News
Agrochemical
Announcement
Coating
Energy
New Product
Packaging
Petrochemical
Pharmaceutical
Plant
Plastics
Policy
R&D
Speciality Chemicals
Sustainability
Articles
Pricing
Log In
Contact US >
Modules
Chemical Prices
Tariff & Taxes
Export-Import
Country Watch
Energy Statistics
Customized Research
News
Articles
Pricing
Request a Demo
Home
News
Textile Market Trends
Country witnesses sharp fall in gold prices
Textiles
Country witnesses sharp fall in gold prices
15 Jun '06
1 min read
Vietnam witnesses sharp fall in gold prices which dropped below VND12 million (US$751) per tael (1.25 oz), the lowest level since mid-April.
Appreciation of US Dollar prompted selling and as a result gold prices fell to its lowest level since mid-April.
Last month in the global market, gold lost more than $110 per ounce whereas Vietnam gold dipped almost VND3 million ($188) per tael.
Inflationary trend in key countries and Iran nuclear crisis were the driving forces for increase in gold prices.
On the other hand some experts and economist believe that such fall in gold prices are justified.
More Textiles News - Vietnam...
Get Free Weekly Market Insights Newsletter
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!
Subscribe
THANK YOU!
Subscribe for Newsletter
More News
Denmark’s Novonesis & Uhde unveil low-energy enzymatic fat-splitting
Nov 21, 2025
BASF to expand APG production with new Thailand plant
Nov 20, 2025
PETRONAS JV breaks ground for Pengerang biorefinery in Malaysia
Nov 20, 2025
Monument debuts CO₂-based Poly-CO₂ polyols in US
Nov 20, 2025
Indonesia may label petrochemical sector as national strategic project
Nov 20, 2025
×
Submit your press release on
editorial@fibre2fashion.com
Copyright © 2025. All rights reserved by
Fibre2Fashion Pvt. Ltd.
marketing@alchempro.com
