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Saturday, May 10, 2025

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gold

SBV further lowers gold bar price

HCMC – The State Bank of Vietnam (SBV) on June 4 sold gold bars to four authorized banks and Saigon Jewelry Company (SJC) at...

SJC buys gold from SBV for retail

HCMC – Alongside the four state-run commercial banks authorized to sell gold to the public, Saigon Jewelry Company Limited (SJC) is now entitled to...

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...

Vietnam to halt gold actions

HCMC – Vietnam’s central bank will stop gold bar auctions from June 3 and will explore other ways to stabilize the domestic gold market. The...

Two conflicting goals

If the gold market is transparent, supply would fall. Meanwhile, to stabilize the volatile gold market, more supply is needed. Therefore, if the priority...

How to deal with gold market volatility

Regarded as a symbol of wealth, a safe haven asset, and a cultural heritage, gold plays an important role in Vietnamese society. However, the...

Lukewarm to gold auctions

With domestic gold prices far higher than world levels, the demand has weakened due to risk aversion. Therefore, there is reason for businesses to...

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