Domestic gold prices fall to four-week low

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VietnamPlus English 1 month(s) ago 1 related news

Local gold prices dropped by 0.38 percent on July 16 to a four-week low of 36.6-36.7 million VND (1,686 – 1,692 USD) per tael, driven by a downward trend in world markets on a strengthening of the dollar on July 14-15.

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Domestic gold prices fall to four-week low

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

Local gold prices dropped by 0.38 per cent yesterday to a four-week low of VND36.6-36.7 million (US$1,686 – 1,692) per tael, driven by a downward trend in world markets on a strengthening of the dollar on Monday and Tuesday.

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Physical gold contract to be launched on SGX in September

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Báo Đầu Tư English 2 month(s) ago

Physical gold contract to be launched on SGX in September

Marketplace will serve as a "fully transparent price discovery mechanism for gold in Asia", says Singapore Exchange.

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Central bank holds off on gold auctions

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Báo Thanh Niên English 3 month(s) ago

Central bank holds off on gold auctions

The central bank closely follows the market and only plans to intervene in the gold market if it becomes unstable and fails to balance itself out. Photo: Ngoc Thang

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Vietnam cbank vows to intervene in gold market to maintain stability

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Báo Đầu Tư English 3 month(s) ago 1 related news

Vietnam cbank vows to intervene in gold market to maintain stability

The State Bank of Vietnam (SBV) has enough gold bullions that can be sold on a large scale to intervene in the local gold market to ensure its stability, said a senior official of the Vietnam’s central bank.

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CB set for gold market intervention

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VietNam News English 3 month(s) ago 1 related news

CB set for gold market intervention

The State Bank of Viet Nam (SBV) has competent gold bullion storage to intervene and keep the gold market stabilised, if necessary.

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Vietnam cbank vows to intervene in gold market to maintain stability

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Báo Tuổi Trẻ English 3 month(s) ago

Vietnam cbank vows to intervene in gold market to maintain stability

The State Bank of Vietnam (SBV) has enough gold bullions that can be sold on a large scale to intervene in the local gold market to ensure its stability, said a senior official of the Vietnam’s central bank.

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Gold down by VND500,000 in Vietnam

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SaiGon GP English 3 month(s) ago

Gold down by VND500,000 in Vietnam

Bullion is down by VND500,000 in Vietnam on May 21 (Photo: C. Tuong)
After topping VND37 million per tael of 37.5 grams the day before, gold prices fell by VND500,000 on May 21.

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Gold demand in Vietnam seen plunging as inflation slows

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Báo Thanh Niên English 3 month(s) ago

Gold demand in Vietnam seen plunging as inflation slows

Buyers ponders jewelry in a shop in Hanoi. Photo: Tien Phong

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Gold appetite shrinks in Thailand amid political deadlock

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Báo Thanh Niên English 3 month(s) ago

Gold appetite shrinks in Thailand amid political deadlock

Customers crowd inside the Hua Seng Heng Gold Shop as they wait to buy gold in the Chinatown area of Bangkok, Thailand. Gold consumption in Thailand, the biggest user in Asia after China and India, expanded 73 percent to 140.1 tons last year, according to World Gold Council data.

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Gold inches up in Vietnam, widens gap with global prices

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SaiGon GP English 3 month(s) ago 5 related news

Gold inches up in Vietnam, widens gap with global prices

Local gold prices in increase while it is down in the world (Photo: C. Tuong)
Gold prices increased by VND800,000 on May 14 to hit a two-month high even as they inched down in the global market.

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Domestic gold prices rise to two-month high

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VietNam News English 4 month(s) ago 3 related news

Domestic gold prices saw their strongest increase in the last two months, going up VND170,000 per tael to around VND35.63 million.

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Local gold price drops to six-week low on global fall

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VietNam News English 5 month(s) ago

Local gold yesterday fell by 0.3 per cent to reach a six-week low of VND35.38 million (US$1,676) per tael, which was driven by a further drop in global gold prices.

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Vietnam to ban gold bullion at country’s borders

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Báo Tuổi Trẻ English 5 month(s) ago

Vietnam to ban gold bullion at country’s borders

Local and foreign individuals will be prohibited from carrying gold bullion and gold material when they enter or leave Vietnam, except for immigration purposes, starting May 15, according to a new circular recently issued by the country’s central bank.

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VN enjoys $4.4b trade surplus with US

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VietNam News English 5 month(s) ago

Viet Nam had a trade surplus of $4.4 billion with the US in the first quarter, according to the General Statistics Office.

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