Gold market reforms paramount to stability

Gold market reforms paramount to stability

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.
PM demands strengthened gold market management

PM demands strengthened gold market management

Prime Minister Pham Minh Chinh has asked the State Bank of Vietnam (SBV) to keep a close watch on international and domestic gold prices, and put in place measures and tools in a timely and effective way to regulate the gold market in line with regulations.
Amendments to gold regulations on agenda

Amendments to gold regulations on agenda

Vietnamese authorities have identified issues and will close regulatory loopholes to stabilise the gold market, according to Malayan Banking Berhad (Maybank).
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.
Global practices must be considered for gold market

Global practices must be considered for gold market

Shaokai Fan, regional director for Asia-Pacific (excluding China), and head of Central Banks at the World Gold Council, talked to VIR’s Celine Luu about the bullish gold market trajectory.
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.
PM orders prompt measures to stabilise domestic gold market

PM orders prompt measures to stabilise domestic gold market

Prime Minister Pham Minh Chinh has signed to issue an official dispatch asking for measures to strengthen the management of the domestic gold market.
Vietnamese gold demand shrinks in Q2

Vietnamese gold demand shrinks in Q2

Demand for gold in Vietnam shrank 9 per cent in the second quarter this year compared to the same period last year, according to the World Gold Council’s latest report.
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.
Online gold market a catalyst for confidence

Online gold market a catalyst for confidence

After a cautious 2021 in gold purchasing, the combination of falling volatility and adoption of tech could lead to a bumper 2022 as a whole.
Vietnam becomes region's largest gold market: WGC

Vietnam becomes region's largest gold market: WGC

Vietnam is the largest gold market in Southeast Asia, according to a recent study of the World Gold Council (WGC).
Rising interest as gold spikes

Rising interest as gold spikes

Gold prices reached a two-year high in Vietnam in recent weeks as a subdued dollar and renewed concerns over global trade boosted demand for safe-haven assets.
Gold prices to climb as investors seek safe haven

Gold prices to climb as investors seek safe haven

Gold prices have room to grow this year as economic and geographical uncertainties around the world may lure investors into gold as “safe haven”.
SJC chief makes case for getting gold into order

SJC chief makes case for getting gold into order

Le Hung Dung, chairman of Saigon Jewelry Ltd Co (SJC), predicted an immediate decline in gold prices when the State Bank on February 26 signed an exclusive gold bar processing contract with SJC.  
Domestic gold soars past global prices

Domestic gold soars past global prices

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.
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