The driving forces for gold price surge

The driving forces for gold price surge

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

Gold price hits record high on rate cut expectations

The price of gold soared Tuesday to a record peak, propelled by trader expectations of falling US interest rates in September as inflation cools.
Buyers no longer line up for gold purchases at banks

Buyers no longer line up for gold purchases at banks

Long queues of gold buyers were no longer seen in front of designated sites of four State-owned commercial banks on June 17 morning.
Eleven bidders win latest gold auction

Eleven bidders win latest gold auction

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

Government urged to narrow domestic, global gold price gap

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

Leaders up efforts to control domestic gold prices

​​​​​​​The current method of gold bar auctions may not be the optimal direction to effectively control domestic prices, experts have warned.
Vietnam should explore tax on gold investments amid auction strategy: expert

Vietnam should explore tax on gold investments amid auction strategy: expert

Imposing taxes on gold investment could bring many benefits, according to a government economic advisor.
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.
Gold price surge here for long haul

Gold price surge here for long haul

Global and domestic gold prices zoomed to a record level amid a weakening dollar and market turbulences pushed by the COVID-19 pandemic.
Reference exchange rate down despite gold price soaring

Reference exchange rate down despite gold price soaring

The State Bank of Vietnam set the daily reference exchange rate at 23,200 VND per USD on August 7, down 3 VND from the previous day.
Gold sees strongest price increase in three months

Gold sees strongest price increase in three months

The domestic gold price saw its strongest growth in three months last week after beating the milestone of VND42 million (US$1,817.40) per tael.
Gold on the rise again

Gold on the rise again

Gold opened the October 4 session with a jump in both global and domestic prices, with the domestic prices increasing by VND700,000 ($30.43) per ounce.
Local gold price hits seven-year peak amid trade tensions

Local gold price hits seven-year peak amid trade tensions

Gold is showing its mettle as a safe haven asset as bullion prices continued to hit new peaks on both domestic and global markets.
Gold anticipated to keep climbing in 2019

Gold anticipated to keep climbing in 2019

Global uncertainties, the weakening US dollar, and the growing trade tension between the US and China are anticipated to drive the gold forward in 2019.
Volatility, year-end demand drive gold prices up

Volatility, year-end demand drive gold prices up

A volatile global market plus higher year-end demand has pushed gold prices in Vietnam up over the last six weeks with more hikes expected.
1 2