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gold prices

Strong demand drives up local gold prices – report

HCMC - Vietnam's increasing demand for gold is impacting market dynamics, resulting in record-high quarterly prices, according to the World Gold Council's Gold Demand...

Local gold prices rise further

HCMC - Local gold prices have continued their upward spiral as it climbed by nearly VND1 million this morning, May 7, to a new...

Gold price spike continues

HCMC - Gold prices continued soaring this afternoon, May 6, reaching VND86.5 million per tael after a midday dip. In HCMC, the Saigon Jewelry Company...

What happens next?

With the current foreign exchange reserves able to sustain around three months of imports, selling foreign currency to stabilize the foreign exchange market is...

Local gold prices hit all-time highs

HCMC - Domestic gold bar prices shot up to an all-time high of VND85.2 million per tael on April 26, according to local media...

Gold prices rise further

HCMC - Local gold prices continued inching up today, April 9, reaching an all-time high of over VND84.7 million per tael. Both gold bar and...

Should the State continue its monopoly?

The widening gap between domestic and global gold prices does not stem from whether the State maintains a monopoly on gold bar production, but...

Curbing gold smuggling is a solution

The Government has sufficient resources to stabilize the volatile gold market. Measured import of gold can help ease the imbalance between supply and demand...

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