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Central bank sells 11 tons of gold to stabilize market

HCMC – Vietnam’s central bank sold over 11 tons of gold from June 3 to October 29 to stabilize the domestic market amid heightened...

Local gold ring prices shoot up amid global market volatility

HCMC – Domestic gold ring prices rose sharply this morning, October 12, following global market movements influenced by U.S. inflation data and escalating geopolitical...

Will the new gold policy work?

The State Bank of Vietnam’s (SBV) policy shift to selling gold to commercial banks that then resell the metal to the public to stabilize...

Central bank urges probe into suspected gold market manipulation

HCMC – The State Bank of Vietnam (SBV) has called for police to launch an investigation into misinformation, speculation, and market manipulation on the...

Local gold prices plummet further

HCMC – The domestic price of SJC gold bars plunged by VND2 million this morning, June 1, to VND85 million per tael, which is...

SBV’s gold market stabilization measure seen working

HCMC – Vietnam’s SJC gold prices have continued falling since the central bank announced a decision two days ago that it would allow four...

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