Buyers no longer line up for gold purchases at banks
June 17, 2024 | 16:35
Long queues of gold buyers were no longer seen in front of designated sites of four State-owned commercial banks on June 17 morning.
Leaders up efforts to control domestic gold prices
May 10, 2024 | 19:22
The current method of gold bar auctions may not be the optimal direction to effectively control domestic prices, experts have warned.
Domestic gold prices hit new record high
December 20, 2023 | 12:00
Domestic gold prices kept skyrocketing on December 20 morning to pass the historic high, reaching 75.4 million VND (nearly 3,100 USD) per tael (1.2 ounces).
Domestic gold price sees unexpected rise
March 30, 2013 | 09:15
Results from the first official gold auction held recently by the State Bank of Viet Nam were unexpected, with the domestic gold price going up as the global gold price fell.
Domestic gold soars past global prices
February 27, 2013 | 10:44
The gap between global and domestic gold prices reached a record VND5.5 million ($264) per tael last week, prompting measures to resolve the situation in order to protect the macro-economy.
Large gold source remains unused amid scarcity
September 29, 2011 | 09:25
While domestic gold remains costly and gold traders are desperately waiting for new import quotas to ease scarcity, many companies say they have large stocks of raw gold but cannot turn them into bullion bars for sale on the market.
Gold market regulation debate begins
September 06, 2011 | 10:23
Gold fever may strike many countries, but maybe only the market gold in Vietnam experiences such dramatic changes as seen in the recent past.
Gold trading floor plan cops flak
August 19, 2011 | 11:24
The Vietnam Association of Financial Investors (VAFI) has called on the State Bank of Vietnam to scrap plans on establishing a national gold trading floor as it would not bring any benefit to the economy.
Restrict speculation through bullion trading ban
March 02, 2011 | 20:00
Cao Sy Kiem, a member of the National Monetary Policy Consulting Committee, said free market bullion trading should be banned and the State Bank should manage the gold market towards concentrating gold imports for a positive impact on the forex market.
Gold market key component of inflation fight
February 25, 2011 | 17:00
Gold is coming into the government’s focus to curb inflation.
Gold still glittering in the pubic eye
February 18, 2011 | 14:00
The demand for gold in Vietnam has spiked after the local currency’s recent devaluation.
Price of gold likely to rise in 2011
January 27, 2011 | 20:06
Many experts expect the average gold price in 2011 to rise higher against 2010 prices.
State Bank: High gold prices do not equate to shortage
October 06, 2010 | 10:48
The State Bank emphasised that there is no shortage of gold at present and it’s not the right time to import gold.
Mobile Version