The Consumer Price Index (CPI) is set to inch up 0.2-0.3 per cent over last month thanks to an abundance of stock for the upcoming holiday season, according to the Domestic Market Management Board.
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While gold prices have skyrocketed in recent days on both global and domestic markets, reaching an all-time high of US$1,768.5 per ounce on Monday, share prices on the nation's two stock exchanges have continued to plunge, with no signs of a recovery.Domestic gold prices have tracked global prices tightly, hitting a high of VND46.2 million
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Global gold price approached an all-time high as investors sought to protect their wealth against the possibility of a US default that may come as soon as next week, sending the price of gold in Vietnam to nearly VND40.1 million a tael (1.2 ounces) on July 27.
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