The driving forces for gold price surge
July 25, 2024 | 17:02
Gold is still a promising investment channel that brings positive profits. Trinh Ha, a financial market analyst from Exness Investment Bank, explores the potential long-term gains for gold.
Gold price hits record high on rate cut expectations
July 18, 2024 | 17:30
The price of gold soared Tuesday to a record peak, propelled by trader expectations of falling US interest rates in September as inflation cools.
Gold monopoly could pose long-term currency risk
July 03, 2024 | 18:00
The government has implemented a policy granting banks an exclusive monopoly on gold sales to control prices and stabilise the domestic market, but the policy may harbour risks in foreign currency outflows.
Vietcombank begins selling gold bullion online
June 12, 2024 | 17:26
Vietcombank started selling SJC-branded gold bullion online on June 12.
Adjustments holding promise for gold
May 20, 2024 | 11:16
Vietnamese authorities are bolstering oversight of the gold market, implementing stringent controls to stabilise prices and prevent illegal trading.
Eight bidders win May 14 gold auction
May 14, 2024 | 16:54
Eight bidders bought a total of 8,100 taels of SJC-branded gold bullion out of the 16,800 that the State Bank of Vietnam (SBV) offered for sale at the auction held on May 14 morning.
Light touch called for on gold trade
May 14, 2024 | 11:37
New measures to enforce stricter compliance and non-cash transactions in gold trading aim to increase transparency and regulatory oversight, but also raise concerns about their feasibility and potential disruption to traditional practices.
State Bank announces 4th gold bar auction to stabilise prices
May 08, 2024 | 10:23
The State Bank of Vietnam (SBV) on May 7 announced a morning auction for a total of 16,800 taels of gold in Hanoi on May 8.
Gold at historic peak, auctions receive lukewarm reception
May 06, 2024 | 09:22
Gold prices reached a historic peak last week after consecutive auction sessions held by the State Bank of Vietnam (SBV) were met with lukewarm enthusiasm.
Cautious state remains after gold auction
May 04, 2024 | 22:14
Despite high market interest, Vietnam’s inaugural gold auction left 13,400 taels unsold, with restrictive conditions and regulatory uncertainties dampening enthusiasm and complicating efforts to align domestic prices with global rates.
Vietnam should explore tax on gold investments amid auction strategy: expert
April 23, 2024 | 14:47
Imposing taxes on gold investment could bring many benefits, according to a government economic advisor.
Gold market reforms paramount to stability
April 22, 2024 | 10:18
Investigations of gold trading firms are to take place on possible market manipulation amid soaring domestic prices, at the same time as the central bank announced it would resume sales of gold bullion for the first time in over a decade.
ADB highlights geopolitical tensions in gold market
April 12, 2024 | 09:00
The Asian Development Bank office in Vietnam has addressed fluctuating trends in the global gold market.
Dated policies on gold necessitate modernisation
April 09, 2024 | 09:23
Experts have called for regulatory changes to align Vietnam’s gold prices with global rates, suggesting authorised imports by businesses to reduce smuggling, stabilise the market, and increase foreign reserves.
Gold hits fresh record above $2,300
April 04, 2024 | 14:53
Gold broke above $2,300 for the first time Thursday as it continued to surge on the back of expectations that US interest rates will come down this year and high geopolitical tensions.
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