Gold market unpredictable after deadline of bank gold account close

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VietnamNet English 15 month(s) ago

Gold market unpredictable after deadline of bank gold account close

VietNamNet Bridge – The State Bank of Vietnam has hold 35 gold bidding sessions and sold 865,000 taels of gold (equal to 33.3 tons) to local banks since March as a measures to help them repay their depositors and close their gold accounts by the end of this month under SBV order.

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Gold molds of non-SJC producers sealed up

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Báo Tuổi Trẻ English 23 month(s) ago

Gold molds of non-SJC producers sealed up

The State Bank of Vietnam has received gold bullion molds from five institutions that have been licensed to produce gold bars in order to seal and supervise, its Ho Chi Minh City branch has announced.

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Firms sell gold ring as bullion trading set for ban

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Báo Tuổi Trẻ English 23 month(s) ago 4 related news

Firms sell gold ring as bullion trading set for ban

Many gold companies have released gold ring products with 99.99 percent purity to deal with the regulation that bans them from trading gold bullion as of the beginning of next year.

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Gold molds of non-SJC producers sealed up

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Báo Đầu Tư English 23 month(s) ago 8 related news

Gold molds of non-SJC producers sealed up

The State Bank of Vietnam has received gold bullion molds from five institutions that have been licensed to produce gold bars in order to seal and supervise, its Ho Chi Minh City branch has announced.

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Gold molds of non-SJC producers sealed up

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Báo Tuổi Trẻ English 23 month(s) ago 8 related news

Gold molds of non-SJC producers sealed up

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Vietnam may waste $22bln in public gold reserves

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Báo Đầu Tư English 24 month(s) ago 2 related news

Vietnam may waste $22bln in public gold reserves

The public is currently holding some 400 tons of gold, worth a massive $22 billion, in reserve, but this huge source of foreign currency will remain uncirculated if the State Bank of Vietnam insists on banning banks from mobilizing gold deposits.

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Vietnam may waste $22bln in public gold reserves

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Báo Tuổi Trẻ English 24 month(s) ago 2 related news

Vietnam may waste $22bln in public gold reserves

The public is currently holding some 400 tons of gold, worth a massive US$22 billion, in reserve, but this huge source of foreign currency will remain uncirculated if the State Bank of Vietnam insists on banning banks from mobilizing gold deposits.

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SJC refuses to buy deformed gold bars

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Báo Đầu Tư English 29 month(s) ago 4 related news

SJC refuses to buy deformed gold bars

Four days after the new regulation on trading gold bullion took effect, the domestic gold market has yet to stabilize as Saigon Jewelry Co, the country’s largest gold trader, now refuses to buy back deformed SJC gold bullion.

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SJC refuses to buy deformed gold bars

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Báo Tuổi Trẻ English 29 month(s) ago 4 related news

SJC refuses to buy deformed gold bars

Four days after the new regulation on trading gold bullion took effect, the domestic gold market has yet to stabilize as Saigon Jewelry Co, the country’s largest gold trader, now refuses to buy back deformed SJC gold bullion.

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Local gold trader expands operation to Laos

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Báo Tuổi Trẻ English 31 month(s) ago 1 related news

Local gold trader expands operation to Laos

The Vietnam Gold Investment and Trading Corporation, or Vietnamgold, has recently set up the subsidiary VietnamGold.LTD in Laos, functioning as a gold and jewelry processor and exporter.

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Central bank to have deposit insurance fund for gold

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Báo Tuổi Trẻ English 33 month(s) ago 3 related news

Central bank to have deposit insurance fund for gold

The State Bank of Vietnam (SBV) will use a part of its current deposit insurance fund for foreign currencies and gold after starting to mobilize gold bullion from the citizens, said a SBV official.

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Gold surges to VND44 mln on world rally

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Báo Tuổi Trẻ English 34 month(s) ago 1 related news

Gold surges to VND44 mln on world rally

Domestic gold price today increased VND400,000 a tael day on day to exceed VND44 million a tael as world gold price rallied to $1,663.8 an ounce.

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Conference targets Japanese investment

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VietStock FI English 35 month(s) ago 1 related news

Vietnam wants to attract more quality investment projects from Japan, particularly in the supporting industry, according to a ministry official.

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Conference targets Japanese investment

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VietnamPlus English 35 month(s) ago 1 related news

Vietnam wants to attract more quality investment projects from Japan, particularly in the supporting industry, according to a ministry official.

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State Bank to probe gold derivatives

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VietNam News English 36 month(s) ago 1 related news

The State Bank of Viet Nam will investigate the use of gold-based derivatives at commercial banks in order to reduce systemic risks and control speculation in gold, the central bank announced yesterday.

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