Thailand - bright spot in global gold market
August 14, 2024 | 16:38
Demand for gold in Thailand is on the rise despite the global trends of record high prices, according to the latest report released by the World Gold Council (WGC) on August 13.
The driving forces for gold price surge
July 25, 2024 | 17:02
Gold is still a promising investment channel that brings positive profits. Trinh Ha, a financial market analyst from Exness Investment Bank, explores the potential long-term gains for gold.
Gold price hits record high on rate cut expectations
July 18, 2024 | 17:30
The price of gold soared Tuesday to a record peak, propelled by trader expectations of falling US interest rates in September as inflation cools.
Tightened status necessary for controlling gold market
July 16, 2024 | 11:45
Experts are calling for stricter regulations and enhanced transparency to combat money laundering and market manipulation in Vietnam’s gold market.
Gold monopoly could pose long-term currency risk
July 03, 2024 | 18:00
The government has implemented a policy granting banks an exclusive monopoly on gold sales to control prices and stabilise the domestic market, but the policy may harbour risks in foreign currency outflows.
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.
Central bank targets ongoing price control of gold market
June 13, 2024 | 10:07
Unprecedented measures are being taken to ensure effective management of the domestic gold market and narrow the gap with the global market.
Adjustments holding promise for gold
May 20, 2024 | 11:16
Vietnamese authorities are bolstering oversight of the gold market, implementing stringent controls to stabilise prices and prevent illegal trading.
Eleven bidders win latest gold auction
May 17, 2024 | 09:51
Eleven bidders bought a total of 12,300 out of the 16,800 taels of SJC-branded gold bullion that the State Bank of Vietnam (SBV) offered for sale at an auction held on May 16.
Government urged to narrow domestic, global gold price gap
May 13, 2024 | 17:47
Permanent Vice Chairman of the National Assembly (NA) Tran Thanh Man on May 13 voiced concern over skyrocketing gold prices, asking the Government to quickly review market management measures to narrow the wide gap between domestic and global prices.
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.
Cautious state remains after gold auction
May 04, 2024 | 22:14
Despite high market interest, Vietnam’s inaugural gold auction left 13,400 taels unsold, with restrictive conditions and regulatory uncertainties dampening enthusiasm and complicating efforts to align domestic prices with global rates.
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.
PM demands strengthened gold market management
April 12, 2024 | 17:11
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
April 12, 2024 | 16:10
Vietnamese authorities have identified issues and will close regulatory loopholes to stabilise the gold market, according to Malayan Banking Berhad (Maybank).
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