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Top News In Vietnam Gold Traders Association Today - Breaking & Trending Today

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

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 ....

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A tael of gold in Vietnam worth $500 more than world prices

A tael of gold in Vietnam worth $500 more than world prices
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H Chíinh , Republic Of , Tan Binh , Bì Thu N , Duong Anh Vu , Kim Oanh , Tuan Minh , Huynh Trung Khanh , Thanh Hiep , Vietnam Gold Traders Association , World Gold Council , Jewelry Company , Saigon Gold , Tan Binh District , Thi Thanh , General Director , Trung Khanh , Vice Chairman , State Bank ,

Analysts call for easing gold policies, cite changed circumstances | Business


At a gold shop in HCM City. Analysts call for easing
gold policies as it is no longer a speculative asset class or cash substitute (Photo: VNA)
HCM City (VNS/VNA) - 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.
According to banking expert Dr Can Van Luc said gold cannot be considered
speculative since the Government has put it under strict watch since 2014.
Domestic prices are usually 5 million VND (216 USD) per tael of 37.5gm higher
than global prices, with the gap attributed to the limited supply of both ....

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