Gold Market News

ACB’s gold trading floor breaks down, investors lose money   2008-06-25
VietNamNet Bridge – Investors complain that they suffered big losses due to ACB’s gold trading floor breakdown on June 20. ACB said it would compensate investors, but investors have not accepted.

Gold not a sparkling investment for some   2008-06-24
The Saigon Gold Exchange, operated by the Asia Commercial Bank (ACB), has been accused of incompetence, after at least three investors took substantial losses.

VN-Index reverses course as dollar and gold prices stabilize   2008-06-24
VietNamNet Bridge - A large number of shares changed hands in both Ho Chi Minh City and Ha Noi Monday. Gold and dollar prices remained unchanged.

Traders miffed by gold exchange snafu   2008-06-21
An unexpected technical error stopped trading for nearly the whole day at the Saigon Gold Exchange Friday, angering many traders.

HCMC gold moves up above VND19 million per tael   2008-06-20
The gold price in Ho Chi Minh City Thursday broke VND19 million (US$1,146) per tael, as the value of the precious metal on global markets also rose.

Gold price changes 5 times within an hour   2008-06-19
The gold price went up and down all morning. It changed five times during one hour with the increase of VND50-120,000/tael each time. In HCM City, people are rushing to buy gold.

Gold to rise above VND19 mln this year, says expert   2008-05-29
Gold prices fell sharply yesterday but a senior consultant at the World Gold Council told Thanh Nien Daily he believed the precious metal would move up by the end of the year.

Gold makes a comeback on higher oil, anemic dollar   2008-05-23

Domestic Gold Price Soars as Jewelry Stores Lift Prices   2008-02-12
Many private jewelry stores in Ho Chi Minh City opened for their first trading day On February 10 after the New Lunar Year Holiday, or Tet, and listed their gold prices far beyond world rates.

Gold price continues downward trend   2008-02-06
A Vietnamese goldsmith holds a gold bracelet at a shop in Hanoi Local gold price experienced a decrease on Monday as its global market price suffered a strong downturn over the past few days.

Gold prices fall; further drop likely   2008-02-05

Ministry mulls over amending mining rules   2008-02-04

Dubai gold traders pin hopes on shopping fete   2008-01-28

Gold Price Hits New Record of VND17.78 Mln   2008-01-28

Central Bank sets limits on local gold production   2008-01-28

State Bank allocates 62 tonnes in gold quota to country's suppliers   2008-01-25

Gold Price Drops Against Heavy Buying - VietNam   2008-01-24

Gold Futures Top $900 as Dollar Drops; Platinum Jumps to Record   2008-01-24

Gold tops $910/oz, platinum hits record high   2008-01-24

Gold Fall Sparks Buying   2008-01-23

Gold struggles to hold gains, off 3-week lows   2008-01-23

Gold rebounds smartly on Fed Rate cut   2008-01-23

Gold hits 11-day low as euro weakens vs dollar   2008-01-21

US Dollar Mixed in Europe, Gold Down   2008-01-21

Gold falls as U.S. measures fail to spark buying   2008-01-20

GOLD'S TAKEN QUITE THE TUMBLE   2008-01-16