Keyword: "gold"

Gold prices surged significantly, exceeding the threshold of 90 million VND (3,550 USD) per tael at the opening session of the God of Wealth Day on February 7 (the 10th day of the first lunar month).

Six former officials of state-owned mining company Antam of Indonesia have been charged with corruption, allegedly causing a loss of 3.31 trillion IDR (203.19 million USD) to the state.

Vietcombank has become the first bank in Vietnam to stop offering SJC-branded gold bars on its website and sell them through its banking app from August 27.

Long queues of gold buyers were no longer seen in front of designated sites of four State-owned commercial banks on June 17 morning.

The State Bank of Vietnam (SBV) announced on June 3 that the selling price of SJC-brand is 78.98 million VND (3,108 USD) per tael.

Eleven bidders bought 13,400 out of the 16,800 taels of SJC-branded gold bullion that the State Bank of Vietnam (SBV) offered for sale at an auction held on May 23.

The State Bank of Vietnam (SBV) on May 17 announced that it will hold two more gold auctions on May 21 and 23, each will offer 16,800 taels of SJC-branded gold bars.

After setting a new record high of 86 million VND (3,400 USD) per tael on May 6, SJC-branded gold prices further rose on May 7.

The State Bank of Vietnam (SBV) released the outcome of the gold bullion auction on April 23, with two winning bidders securing 34 lots, equivalent to 3,400 taels of SJC-branded gold bars.

Demand for gold in Vietnam shrank 9% in the second quarter this year compared to the same period last year, according to the World Gold Council’s latest report.

All four Vietnamese students claimed medals, including three golds and one silver, at the International Chemistry Olympiad (IChO) 2023, the Ministry of Education and Training said on July 25.

Gold remains a potential investment channel until the end of this year, though the global economy in general, and Vietnam in particular, still possess potential risk factors related to recession and inflation, which make it difficult to forecast the gold price.

After excellently winning three gold medals in the women’s 1,500m and 3,000m steeplechase, on May 12 runner Nguyen Thi Oanh won another gold in the women's 10,000m event.

Malaysia had the fifth-highest increase in gold reserves in the last decade, increasing 6.84% to 38.88 tonness from 36.39 tonnes, according to City Index using data from 2013 to 2022 of the World Gold Council.

After seeing strong changes in the first days of this week, domestic gold prices on July 20 morning were listed unchanged against the previous day.

Vietnam topped the team’s rankings in judo with nine gold, one silver and three bronze medals after five days of competition at the 31st Southeast Asian Games (SEA Games 31).

Four Vietnamese girls took the women’s kumite team gold on May 20, also the last competition day of karate at the 31st Southeast Asian Games (SEA Games 31).

Vietnam's Chinese chess team on May 15 secured an absolute victory in the team's blitz chess event, bringing home another gold medal at the 31st Southeast Asian Games (SEA Games 31).

The Vietnamese dancesport team has set the target of winning three gold medals at the 31st SEA Games that will take place in Vietnam from May 12-23, according to the national SEA Games 32 organising committee.

With gold no longer being a speculative asset class or cash substitute, the Government should have a more reasonable policy for managing it, according to experts.