gold price

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.

Gold hits 2-month high on US presidential election’s developments

November 07, 2012 | 13:56

The local gold price has increased VND550,000 ($26.4) a tael day-on-day following the global trend with a weakening US dollar given the outcome of today’s US presidential election.

Gold price jumps sharply in Vietnam

October 03, 2012 | 16:09

Price of gold in Vietnam increased by VND300,000 per tael by afternoon of October 2, to touch VND47.85 million per tael.

Golden opportunities to be grasped

August 13, 2012 | 12:53

Industry players are trying to get theirs heads around how to effectively control the local bullion market.

Local gold dips as world price plummets

May 09, 2012 | 13:39

The local gold price has hit a 9-month low after the world gold price dropped below $1,600 an ounce.

Gold hits 15-week low

April 16, 2012 | 15:14

The local price of the precious metal hit a 15-week low as the world price plummeted to around $1,650 an ounce on Monday.

Gold fever proves contagious

September 19, 2011 | 07:00

"Wall Street could easily press the gold price back to $1,200-$1,500, draining China’s reserves, as it did to OPEC countries when the gold price fell from $850 to $200 after the energy crisis of 1979"

A steady hand to keep gold market on the straight and narrow

August 18, 2011 | 10:49

Wise gold import-export decisions will help bring stability to the local bullion market and erase price manipulation. Phu Nhuan Jewelry Joint Stock Company deputy general director Nguyen Thi Cuc tells VIR why.