Pending central bank order gives banks monopoly of ‘gold trading floors’

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VietStock FI English 48 month(s) ago 6 related news

Public trading in gold has boomed lately. Over twenty ‘trading floors’ have sprung up. It’s unregulated, and many investors have taken big losses. Now the Government plans to bring order to the gold trading industry, according to sources quoted by Thoi bao Kinh te Saigon.

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Pending central bank order gives banks monopoly of ‘gold trading floors’

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VietnamNet English 48 month(s) ago 6 related news

Pending central bank order gives banks monopoly of ‘gold trading floors’

The investor opens account at the Vietnam Gold Trading Centre

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Domestic gold price reaches all-time high

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VietNam News English 48 month(s) ago 6 related news

HCM CITY The domestic gold price on Wednesday climbed to a record high of VND22.40 million (US$1,255) per tael (1.2 ounces) following an uptrend in global gold prices.

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Domestic gold price reaches all-time high

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VietnamNet English 48 month(s) ago 6 related news

Domestic gold price reaches all-time high

On September 16, most gold shops in HCM City raised their price by VND380,000 over the Tuesday price to VND22.34-22.39 million per tael.

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Domestic gold price reaches all-time high

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VietnamPlus English 48 month(s) ago 6 related news

The domestic gold price on September 16 climbed to a record high of 22.40 million VND (1,255 USD) per tael (1.2 ounces) following an uptrend in global gold prices.

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In the gold price fever

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SaigonTimes English 48 month(s) ago 6 related news

Domestic gold prices continued to surge by VND70,000 per tael as Saigon Jewelry Holding Co., or SJC, quoted gold prices at VND22.02 million and VND22.07 million per tael for buying and selling respectively on Monday. The precious metal has soared by nearly VND1 million per tael over the past ten days.

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Gold falls for second day

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SaigonTimes English 49 month(s) ago 6 related news

Gold falls for second day

HCMC – Gold drifted lower for the second day in a row on the domestic market yesterday after hitting an all-time high of VND22 million per tael on Tuesday.

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