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gold

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...

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...

Gold in Vietnam’s economy

The Vietnamese economy had had an estimated 2,000 tons of gold by the end of 2023. This figure is much higher than the volume...

Central bank to resume gold auctions after 11-year hiatus

HCMC – The State Bank of Vietnam (SBV), the central bank, is finalizing preparations to conduct gold auctions, marking its return to the practice...

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...

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