Gold price fluctuates in two auctions

Gold price fluctuates in two auctions

When the State Bank notified that it would hold the second gold bullion bidding on Apr 4, SJC gold price increased again.
Gold owners concerned as new restrictions loom large

Gold owners concerned as new restrictions loom large

Owners of small amounts of gold bullion are concerned as the market may soon only accept amounts of 1 tael (37.5 grams), according to a draft decree recently released by the State Bank of Vietnam.
Domestic gold keeps falling as world price drops

Domestic gold keeps falling as world price drops

The price of domestic gold fell by VND170,000 per tael (1.2 ounces) this morning following a decline in the world gold price.
Gold price jumps sharply in Vietnam

Gold price jumps sharply in Vietnam

Price of gold in Vietnam increased by VND300,000 per tael by afternoon of October 2, to touch VND47.85 million per tael.
Gold hits 6-month high on world trend

Gold hits 6-month high on world trend

The local gold price has hit a 6-month high, exceeding VND45 million a tael, following global trends.
Gold loses VND42 mln threshold again as world price drops

Gold loses VND42 mln threshold again as world price drops

The local gold price has lost its VND42 million threshold again following the latest trend in the international markets.
Gold exceeds VND42.2 mln as dollar nears two-month high

Gold exceeds VND42.2 mln as dollar nears two-month high

The local gold price has exceeded VND42.2 million a tael as dollar prices continue to rise to the VND21,000 per dollar threshold.
Gold hits 15-week low

Gold hits 15-week low

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 prices increase VND1.2 million/tael

Gold prices increase VND1.2 million/tael

One week after the Lunar New Year holiday (Tet), gold shops in Hanoi started opening again on January 28 and the domestic price of gold hovered around VND45.9 million per tael.
An unstable year for domestic gold

An unstable year for domestic gold

This year has seen gold in Vietnam priced up by 18 per cent compared to last year while the global price has increased by only 11 per cent.
Restrict speculation through bullion trading ban

Restrict speculation through bullion trading ban

Cao Sy Kiem, a member of the National Monetary Policy Consulting Committee, said free market bullion trading should be banned and the State Bank should manage the gold market towards concentrating gold imports for a  positive impact on the forex market.
Gold market key component of inflation fight

Gold market key component of inflation fight

Gold is coming into the government’s focus to curb inflation.
Gold still glittering in the pubic eye

Gold still glittering in the pubic eye

The demand for gold in Vietnam has spiked after the local currency’s recent devaluation.
State Bank: High gold prices do not equate to shortage

State Bank: High gold prices do not equate to shortage

The State Bank emphasised that there is no shortage of gold at present and it’s not the right time to import gold.