domestic gold

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.