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.
Gap between domestic and global gold prices is reasonable: SBV Governor

Gap between domestic and global gold prices is reasonable: SBV Governor

Though the gap between domestic and global gold prices is significant, Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong said it is reasonable due to restricted supply.
Gold prices plunge on July 18

Gold prices plunge on July 18

Vietnam’s gold prices saw a historic one-day fall on July 18, going down by 4 million VND (170 USD) a tael.
Vietnamese gold prices reach historic high

Vietnamese gold prices reach historic high

Gold prices have climbed to a historic peak in Vietnam, reaching nearly VND64 million (US$2,782) per tael, as international prices hit a near nine-month high after Russia ordered troops into breakaway regions of eastern Ukraine.
MoF proposes to impose tariff on exported gold

MoF proposes to impose tariff on exported gold

The Ministry of Finance (MoF) has just proposed to increase export tax on gold products of less than 95 per cent purity to 2 per cent from 0 per cent.
Despite lower interest rates, people still put money in banks

Despite lower interest rates, people still put money in banks

Though the deposit interest rates of commercial banks have been reducing, people are still putting their money into banks amid the pandemic.
Gold prices decrease and experts say now is the right time to buy

Gold prices decrease and experts say now is the right time to buy

Hanoi - After declining to sell 20 tael of gold at VND60 million (US$2,596) each on August 7, investor Do Thu Hang now calculates she lost VND250 million because of that decision. Since earlier this week, the prices of the yellow metal have fluctuated sharply in Vietnam.
Global uncertainties pushing gold prices to record highs

Global uncertainties pushing gold prices to record highs

The Vietnamese gold price will likely continue to spike, reflecting the growing anxiety around increasing coronavirus presence in the country and beyond.
Booming gold market risky for individual investors: experts

Booming gold market risky for individual investors: experts

The recent surge of gold prices may cause risks for individual buyers, experts and analysts have warned.
Gold prices hit all-time high

Gold prices hit all-time high

Hanoi - Gold prices soared near VND57 million (US$2,486) per tael (1.2 ounces) on the local market on first day of the week while the yellow metal also made its history in prices, hitting an all-time high.
Gold prices soar to another record high

Gold prices soar to another record high

The price of goal soared to another record high of VND51.20 million (US$2,210) per tael (1.2 ounces) on the local market on Tuesday as prices slipped in the global market.
Gold prices ease after soaring

Gold prices ease after soaring

Local gold prices eased slightly on Thursday after soaring to an 8.5-year high at near VND50 million (US$2,168) per tael (1.2 ounces) on Wednesday. The same trend was reported in the global market.
Bangkok citizens sell off gold as price hits new high

Bangkok citizens sell off gold as price hits new high 1

Dozens of Bangkok citizens rushed to sell off their gold ornaments on April 14 after the price of the precious metal hit a new eight-year high.
Gold prices slide but further growth expected

Gold prices slide but further growth expected

Gold prices declined on Tuesday after touching a four-month high, but the uptrend is unlikely to stop.
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.
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