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Sunday, December 22, 2024

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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...

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...

Gold auction cancelled over lack of bidders

HCMC - The State Bank of Vietnam (SBV) has cancelled today's gold auction of 16,800 taels due to the lack of bidders, marking the...

SBV holds new gold auction

HCMC – The State Bank of Vietnam has announced that it will launch a gold auction tomorrow, April 25, the second such sale this...

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