gold price

Gold price surge here for long haul

August 11, 2020 | 12:22

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

August 07, 2020 | 10:54

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

December 30, 2019 | 09:48

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

October 05, 2019 | 08:37

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

August 27, 2019 | 09:39

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

January 09, 2019 | 18:06

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

November 21, 2018 | 17:03

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.

Domestic gold price sees unexpected rise

March 30, 2013 | 09:15

Results from the first official gold auction held recently by the State Bank of Viet Nam were unexpected, with the domestic gold price going up as the global gold price fell.

Domestic gold soars past global prices

February 27, 2013 | 10:44

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.

SBV inconsistent in gold policy

January 30, 2013 | 08:44

The State Bank of Vietnam (SBV) sometimes said it would make local gold prices closer to the world’s prices, sometimes said it would not, and lately has announced it will join the gold market to bridge the price gap. Such inconsistency has put local consumers on tenterhooks, according to experts.