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Update news vietnam's gold market
Despite being limited to purchasing just one chi (3.75 grams) of gold per day, hundreds of Hanoi residents have been patiently lining up outside Bao Tin Minh Chau jewelry store to buy gold as prices continue to surge.
Compared to just over a year ago, gold prices have soared by more than 50%, a rise experts call a rare event in market history. As gold repeatedly sets new records, financial specialists caution that buyers could be stepping in at peak levels.
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Gold prices spiked to new records following U.S. tariff announcements, but experts warn of potential pullbacks amid rising profit-taking pressure.
While gold hits record highs and new reserves are discovered, top miner Vimico thrives as others like GLC struggle with expired licenses.
Despite minor dips, economists warn the days of sub-VND 80 million gold may be gone, driven by global uncertainty and policy shifts.
As gold prices dip from historic peaks, experts weigh in on whether the shock of 2011 could unfold once more.
Gold prices in Vietnam hit record highs but could fall to $3,000 per tael if the global economy recovers faster than expected.
As gold prices in Vietnam approach $4,000 per ounce, crowds flock to jewelry stores, eager to invest despite the risks of market fluctuations.
As gold prices reach historic highs, experts debate whether the rally will continue or if a correction is imminent. Should investors buy now or wait?
Experts believe that the price of gold rings and SJC gold bars could reach new highs. However, the gold market is fraught with risks and unpredictable fluctuations.
Gold prices in Vietnam continue to surge, with SJC 9999 gold reaching 94 million VND ($3,840) per tael. Hanoi buyers queue in the rain, withdrawing savings to invest before prices climb further.
The God of Wealth Day saw soaring demand for gold items beyond traditional rings and bars. Zodiac-themed figurines and symbolic charms flew off the shelves, as many opted for more unique and meaningful purchases to bring luck in the new year.
The belief that purchasing gold on this special day brings financial success has led to an annual phenomenon in Vietnam.
Global gold prices have reached new record highs, sending shockwaves through the domestic market. Investors are eager to know how high gold can climb in this volatile environment.
Le Thuy Hang, former General Director of Saigon Jewelry Company (SJC), faces charges of abusing her position, highlighting irregularities in gold price stabilization efforts.
Vietnam’s gold market in 2024 delivered gains and losses, highlighting the risks and rewards of investing in a volatile market.
The Saigon Jewelry Company Limited (SJC) has appointed Mr. Dao Cong Thang as its acting CEO, replacing Ms. Le Thuy Hang, following legal proceedings involving six individuals linked to the company.
Experts are forecasting that gold prices in Vietnam could rise to 93 million VND ($3,600) per tael in 2025, driven by global market trends and economic uncertainties. But what’s the best time to buy or sell?