Gold loses its appeal as VN bucks Asia trend

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VietNam News English 4 day(s) ago

Demand for gold jewellery in Viet Nam is falling sharply, despite significant increases recorded in other Asian countries, according to the latest report of the World Gold Council (WGC).

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Thomson Reuters GFMS: Gold still being smuggled into Vietnam

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SaigonTimes English 3 week(s) ago 2 related news

HCMC – Plenty of gold is still being smuggled into the country, according to a senior analyst of Thomson Reuters GFMS.

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Management of gold market in line with law, says State Bank

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VietNam News English 3 week(s) ago

The State Bank of Viet Nam has said its management of the gold market has been compliant with existing laws and regulations.

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Gold demand down 11pct as Chinese buying dips

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Báo Đầu Tư English 6 month(s) ago 1 related news

Gold demand down 11pct as Chinese buying dips

Global demand for gold fell 11 per cent in the third quarter on an annual basis, as buying in key market China dipped because of its slowing economy, the World Gold Council said Thursday.

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Gold demand down 11% as Chinese buying dips

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Báo Dân Trí English 6 month(s) ago 1 related news

Gold demand down 11% as Chinese buying dips

Global demand for gold fell 11 percent in the third quarter on an annual basis, as buying in key market China dipped because of its slowing economy, the World Gold Council said Thursday.

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Association plans to launch gold assessment firm

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SaigonTimes English 13 month(s) ago 1 related news

Association plans to launch gold assessment firm

HCMC – The Vietnam Gold Traders Association has called for organizations and private investors to contribute capital to establish a gold and gem assessment company.

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Gold industry upbeat despite consumer slump

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Báo Đầu Tư English 19 month(s) ago

Gold industry upbeat despite consumer slump

Global economic uncertainty will fuel the current surge in investment demand for gold, even as record prices force a slump in the jewellery market, the World Gold Council (WGC) said Thursday.

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India firm launches gold, diamond 'cash machine'

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Báo Tuổi Trẻ English 20 month(s) ago

An Indian company has launched what it says is the world's first "cash machine" that dispenses gold and silver coins and diamond-studded jewellery.

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Gold prices set fresh record: VND41.55 mln

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VietStock FI English 21 month(s) ago 1 related news

Domestic gold price as of 4:30 pm set a fresh all-time record at VND41.55 million a tael after its world counterpart skyrocketed to $1,667 an ounce.

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China 'launches gold vending machine'

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Báo Tuổi Trẻ English 21 month(s) ago

China 'launches gold vending machine'

China, already the world's second largest bullion consumer, has installed the country's first gold vending machine in a busy shopping district in Beijing, state media said on Sunday.

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Bank may allow more gold imports

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VietNam News English 22 month(s) ago 8 related news

Nguyen Van Binh, governor of the State Bank of Viet Nam, announced yesterday that he would allow more bullion imports if necessary to stabilise the overheated domestic gold market and to keep prices stable.

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Gold exceeds VND47 mln, highest ever

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Báo Tuổi Trẻ English 22 month(s) ago 11 related news

Gold exceeds VND47 mln, highest ever

Domestic gold prices as of the closing time of Friday’s session hit VND47.4 million a tael, an all-time high, since world price has exceeded the historic milestone of $1,872 an ounce.

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India and China to lead gold demand: WGC

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SaiGon GP English 22 month(s) ago 2 related news

India and China to lead gold demand: WGC

MUMBAI, Aug 18, 2011 (AFP) - Gold, at record-breaking levels as global economic worries mount, will see sustained demand from key markets India and China this year despite high prices, the World Gold Council said on Thursday.

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Public hold lots of gold: expert quotes World Gold Council

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SaiGon GP English 23 month(s) ago 11 related news

Public hold lots of gold: expert quotes World Gold Council

The amount of gold currently held by the public in Vietnam is about 500 tons as estimated by the World Gold Council, said Vietnamese senior economics expert Le Dang Doanh.

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Gold prices set fresh record: VND41.55 mln

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Báo Tuổi Trẻ English 23 month(s) ago 7 related news

Gold prices set fresh record: VND41.55 mln

Domestic gold price as of 4:30 pm set a fresh all-time record at VND41.55 million a tael after its world counterpart skyrocketed to $1,667 an ounce.

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