Dated policies on gold necessitate modernisation

Dated policies on gold necessitate modernisation

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

Gold hits fresh record above $2,300

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

Gold hits another record high on Fed rate cut bets

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

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

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

Gold price decreases on God of Wealth Day

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

Vietnam’s consumer gold demand down in 2023

Vietnam saw a drop in overall consumer gold demand last year.
Central bank ponders  fresh policy for gold

Central bank ponders fresh policy for gold

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

State does not encourage gold bar trading: SBV

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.
Students bag four medals at Int"l Chemistry Olympiad 2023

Students bag four medals at Int"l Chemistry Olympiad 2023

All four Vietnamese students claimed medals, including three golds and one silver, at the International Chemistry Olympiad (IChO) 2023, the Ministry of Education and Training said on July 25.
Malaysia intensifies gold reserves in last decade

Malaysia intensifies gold reserves in last decade

Malaysia had the fifth-highest increase in gold reserves in the last decade, increasing 6.84 per cent to 38.88 tonness from 36.39 tonnes, according to City Index using data from 2013 to 2022 of the World Gold Council.
EVN must settle transitional renewable energy power tariffs before March 31: MoIT

EVN must settle transitional renewable energy power tariffs before March 31: MoIT

The Ministry of Industry and Trade has mandated that Electricity of Vietnam and its investors reach an agreement on energy rates by March 31.
Exploring the aspects of global gold performance

Exploring the aspects of global gold performance

Intending to invest in gold in 2023? Let’s look at XAU’s big picture and find out what factors will drive gold price in 2023.
Experts take stock of factors involved in market prospects

Experts take stock of factors involved in market prospects

Vietnam’s markets are likely to be choppy, gold to remain strong, stocks expected to rebound after a tough first quarter, and corporate bonds to encounter new challenges, according to analysts.
Gold appeal sparkles amid rise of inflation

Gold appeal sparkles amid rise of inflation

The latest increase in interest rates by the US Federal Reserve is foreshadowing more rises this year and a long-term strategy to control inflationary pressure – and so institutional demand for gold is also expected to increase.
Vietnamese gold prices reach historic high

Vietnamese gold prices reach historic high

Gold prices have climbed to a historic peak in Vietnam, reaching nearly VND64 million (US$2,782) per tael, as international prices hit a near nine-month high after Russia ordered troops into breakaway regions of eastern Ukraine.
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