Gold Price

Gold prices plunge following outcome of US election

The price of gold bars fell by VND1.5 million per tael to VND87.5 million following a tumble in the price of the precious metal in the global market after the results of the United States presidential race were announced.

Society – Economy

Gold slumps as China’s Central Bank keeps gold buying on hold for second month
The international gold price has declined recently because the People's Bank of China (PBoC) didn't buy any gold for the second consecutive month.
SJC gold price VND10.3 million higher than world price
The price of SJC gold continued to drop, trading below VND81 million (US$3,171) per tael on Monday morning, narrowing the gap between domestic and international gold prices of VND10.3 million (US$403) per tael.

Will SBV’s new solutions help narrow the gold price gap?
Under the State Bank of Vietnam (SBV)’s new move to stabilize the gold market and narrow the gold price gap, people who wish to purchase SJC gold can go to any of the four major state-owned commercial banks to carry out transactions to buy gold, according to industry insiders.
Government urged to narrow domestic, global gold price gap
Permanent Vice Chairman of the National Assembly (NA) Tran Thanh Man on May 13 voiced concern over skyrocketing gold prices, asking the Government to quickly review market management measures to narrow the wide gap between domestic and global prices.
Government inspection instruction playing a role in gold price slip: Experts
Gold prices fell last weekend after remaining high for a week, and experts attributed the fall to the Government’s instruction on conducting a specialised inspection of the market.

Gold Price

Gold prices plunge following outcome of US election

Gold slumps as China’s Central Bank keeps gold buying on hold for second month

SJC gold price VND10.3 million higher than world price

Will SBV’s new solutions help narrow the gold price gap?

Government urged to narrow domestic, global gold price gap

Government inspection instruction playing a role in gold price slip: Experts