On December 3 domestic gold prices continued to fall sharply, closing
down by more than VND200,000 (US$9.5) a tael of 37.5gm at just above
VND35 million ($1,667). SEE MORE Gold fell in London as some investors
speculated that data tomorrow may reinforce the case for the Federal Reserve to taper stimulus, curbing demand for precious
metals as a haven. SEE MORE Gold advanced from a five-month low,
after the biggest one-day drop since October, as investors
assessed whether the U.S. economy is strong enough to warrant a
reduction in monetary stimulus. SEE MORE Gold gained for the first time in
three days in London as a weaker dollar increased demand for the
metal as an alternative investment. SEE MORE Consumer prices rose by the lowest rate
in five years in November as the government forecast inflation to be at
or below the year’s target of 7 percent. SEE MORE