Stocks, gold react to global tensions

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Báo Đầu Tư English 1 week(s) ago 1 related news

Shares sank further on Friday on the two national exchanges as investors became cautious over escalating global tensions.

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Domestic gold price surges

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Báo Đầu Tư English 1 week(s) ago 1 related news

Local gold prices hit one-week high on Thursday in line with the robust growth of global gold prices.

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Gold market defies common rule after Fed’s interest rate hike

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SaiGon GP English 1 month(s) ago

The gold market resumed stability shortly after a quick increase on March 16 after the US Federal Reserve (Fed) raised its interest rates, while the US dollar lost in value compared to other major currencies, which experts described as going against common rule.

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Gold, dollar prices increase

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SaiGon GP English 2 month(s) ago 1 related news

After two days of fall, SJC gold saw buy and sell prices up VND200,000 a tael to VND36.79 million and VND37.12 million in HCMC late afternoon yesterday, an increase of VND180,000 and VND120,000 over the previous day.

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Superstitious Vietnamese gold buyers swallow bitter pill on God of Wealth’s Day

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Báo Tuổi Trẻ English 2 month(s) ago

Creating artificial demand to manipulate gold prices against global trend were tricks employed by Vietnamese gold dealers to make the most out of the gold hype on the God of Wealth’s Day earlier this week.

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Gold price continues falling, sliding from VND37 mln per tael

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SaiGon GP English 2 month(s) ago

Gold price continued reducing an extra of VND430,000 a tael on February 7 after dropping VND850,000 on the previous day, sliding from VND37 million while world gold price has rebounded.

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Gold bullion price falls on God of Wealth Day

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SaiGon GP English 2 month(s) ago 1 related news

Bullion gold price reduced VND750,000 a tael on the God of Wealth Day, which is the tenth day of the lunar new year and fell on February 6th, when many people have been in the tradition of buying some gold for good luck and prosperity throughout the year.

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Shops set for gold rush on God of Wealth Day

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SaiGon GP English 2 month(s) ago

Domestic gold demand is expected to surge sharply on February 6 as Vietnamese prefer buying the metal to mark God of Wealth Day – the tenth day of the Lunar New Year.

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Gold prices leap after Lunar New Year

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Báo Đầu Tư English 2 month(s) ago 1 related news

After Tet holiday, the domestic price of gold experienced sharp increase in line with global trends.

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Vietnam banks offer promotions as gold market tenses for God of Wealth Day

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Báo Tuổi Trẻ English 2 month(s) ago 1 related news

Banks in Vietnam return after the Lunar New Year festival with promotions to attract deposits while the local gold market builds up speed in anticipation of the God of Wealth Day.

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Vietnamese dong continues its four-day rise against USD

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Báo Đầu Tư English 3 month(s) ago

The State Bank of Viet Nam (SBV) continued to decrease the reference US$/VND exchange rate yesterday by 5 dong to touch VND22,154 per $1dollar.

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What were the best investment channels in 2016?

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Báo Đầu Tư English 4 month(s) ago

People are investing their money in five main channels of stocks, gold, foreign currencies, property assets and savings but which of these offered the highest returns in 2016?

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Vietnam dollar market cools down after rumor-driven rally

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Báo Tuổi Trẻ English 4 month(s) ago

Vietnam’s dollar market has started to cool down following a rumor-fueled rally earlier this week, with banks quoting the greenback well below the ceiling.

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False rumors rally Vietnam’s gold, dollar markets despite gov’t denial

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Báo Tuổi Trẻ English 4 month(s) ago

Rumors surrounding the replacement of the current Vietnamese currency have continued to put adverse impacts on the domestic dollar and gold markets, despite repeated warnings from state agencies against the unfounded information.

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Gold price increase widens gap between world and domestic market

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SaiGon GP English 6 month(s) ago

The gold price in the Vietnamese market increased by VND600,000 (US$27) per tael this morning compared to yesterday, selling at VND37.25 million ($1,675) a tael, making the current gap with the world price expand to almost VND1.65 million a tael as per rate exchange in Vietcombank with one dollar is equivalent to VND22,335.

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