gold

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.

Gold hits another record high on Fed rate cut bets

April 01, 2024 | 15:07

Gold hit another fresh record high Monday as investors grow confident that the Federal Reserve will cut interest rates this year, even after data showed a slight uptick in a key inflation report.

Gold hits fresh record above $2,200 on rate cut hopes

March 22, 2024 | 09:35

Gold rallied to a fresh record above $2,200 on Thursday as traders welcomed a Federal Reserve signal that it would cut interest rates three times this year.

Gold price decreases on God of Wealth Day

February 19, 2024 | 13:07

Domestic gold price decreased by 150,000 VND (6.1 USD) per tael (37.5 grams) at the beginning of trading on February 19 - God of Wealth Day (the tenth day of the first lunar month) compared to the price at the end of February 18, with many fluctuations expected on the market during the day.

Vietnam’s consumer gold demand down in 2023

February 19, 2024 | 08:37

Vietnam saw a drop in overall consumer gold demand last year.

Central bank ponders fresh policy for gold

January 09, 2024 | 12:54

The State Bank of Vietnam is set to update regulations in response to market changes and global uncertainties affecting gold demand and prices.

State does not encourage gold bar trading: SBV

January 03, 2024 | 16:25

The State does not encourage the trading of gold bars, protect their prices, nor accept too large differences between domestic and global gold prices, and between SJC and other types of gold bars, said Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.