Governor of the State Bank of Vietnam Nguyen Thi Hong said it is reasonable due to restricted supply according to the country’s policy to restrict gold supply sources with an aim to fight dollarisation and goldisation in the domestic economy
Gold prices ped VND110,000 (US$4.9) from the beginning of this week
in the local market, while the global gold prices fell to their lowest
level since 2010 on November 13.