Domestic gold prices soar on back of global trend

Thursday, Oct 31, 2024

SJC gold bullion rose by VNĐ1 million per tael (US$39.56 per tael) from the previous session to VNĐ88 million for buyers and VNĐ90 million for sellers. 

State bank to inspect banks, gold trading enterprises

Wednesday, Oct 16, 2024

The inspection is part of the efforts to narrow the gap between international and domestic gold prices.

Gold prices likely won't peak, for a while

Friday, Sep 13, 2024

Gold prices may see some minor increases in the coming months but in the long run, the precious metal will likely lose its appeal, said industry experts and policymakers. 

Stock market remains attractive to retail investors

Friday, Jul 26, 2024

Despite the remarkable surge in gold prices and the gradual increase in deposit interest rates, the stock market continues to stand out as an appealing investment channel.

Domestic gold prices remain stable against global upward trend

Monday, Jul 08, 2024

Throughout the last week, the price of the precious metal steadied, resulting in subdued trading.

Buyers beware, gold prices can still go down further: SJC

Thursday, Jun 06, 2024

Residents in large cities have been lining up to buy SJC gold bars at outlets set up by commercial banks since yesterday, with many saying they have not been able to finalise any purchases. Meanwhile, bank representatives claimed there is...

SJC gold price suddenly falls below VNĐ85 million, breaking historical highs

Monday, Apr 15, 2024

At 3:00 PM, the price of SJC gold unexpectedly reversed its course and experienced a significant decline, losing the morning''s peak level.

Gold prices set new records, deposit interest rates start to rise

Monday, Apr 15, 2024

Although the gold price climbed to its peak in many consecutive sessions and set new records, the gold price continuously plummeted in the last two sessions of the week.

[Videos] Gold rush on the God of Wealth day

Monday, Feb 19, 2024

Every year on the 10th day of the first lunar month is the God of Wealth Day. You will find gold stores packed to the rafters. Vietnamese prefer buying gold on this day as they believe that it will bring...

Many people buy gold on God of Wealth Day, gold prices down

Monday, Feb 19, 2024

According to the gold shops, on the day of the God of Wealth, plain round rings are the choice of most people because they are easy to trade and have low depreciation.

State does not encourage gold bar trading: SBV

Thursday, Jan 04, 2024

The State does not encourage the trading of gold bars, protect their prices, nor accept too large differences between domestic and global gold prices, and between SJC and other types of gold bars.

Domestic gold prices hit record-breaking VNĐ80 million per tael

Tuesday, Dec 26, 2023

The combination of decreased interest rates and the perception of gold as a safe investment increased demand for gold jewellery, and overall market uncertainty further contributed to the rising domestic gold price.

Gold hits one of the highest marks in recent memory

Monday, Nov 27, 2023

A surge in global prices has driven gold to historic heights in the domestic market with SJC gold bars and 9999 gold rings reaching the highest price since the beginning of the year.

Gold remains a potential investment channel

Monday, May 22, 2023

The latest WGC gold demand trend report showed that in Viet Nam, gold demand decreased by 12 per cent from 19.6 tonnes in the first quarter of 2022 to only 17.2 tonnes in the first quarter of 2023.

Gap between domestic and global gold prices is reasonable: SBV Governor

Monday, Aug 01, 2022

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