Từ khóa: #gold market

The Vietnam stock market in the first trading session of the week on January 24 was quite negative when investors dumped stocks heavily. Foreign investors also net sold about VND220 billion on the HoSE.

Although the global gold price declined, gold exceeded VND58 million per tael (1.2 ounces) on October 12 in Vietnam.

The Covid-19 pandemic remains complicated and significantly affects the economy. In the context that the Government loosens the monetary policy, and the bank interest rates are still on a downward trend, which lucrative investment channel will investors opt for?

Vietnam’s stock market managed to curb the losing trend in the trading session on December 1, thanks to strong bottom-fishing demand.

The VN-Index officially exceeded 1,000 points in the trading session on November 26, as the strong cash flow continued to pour into the market, pushing banking stocks up robustly.

The global gold prices continued to decline further, dragging the price of gold in Vietnam to plummet by more than VND1 million per tael compared to the late afternoon of the previous day on November 25, falling off the VND55-million-per-tael mark.

Along with the losing trend of the global gold prices, the price of gold in Vietnam fell by VND650,000 per tael compared to the late afternoon of the previous day to nearly VND55 million per tael for buying on November 24.

Following a sharp decline in the global gold price, the price of gold in Vietnam fell by VND400,000 per tael compared to the previous day on September 22.

Vietnam’s stock market opened the week in upbeat sentiment on August 24.

Both global and domestic gold prices set an all-time high in the first half of August this year, then declined sharply. Thus, after nearly 9 years of stability, the gold market has been vexed again amid the context that the global economy has been turned upside down due to the Covid-19 pandemic. Moreover, the recent trade tensions between the US and China have made this precious metal sparkle again.

The price of gold in Vietnam lost nearly VND1.4 million per tael compared to the previous day on August 19, whereas the global gold price increased.

Saigon Jewelry Company bought gold at VND56.5 million per tael and sold at VND58.15 million per tael, an increase of VND1.4 million per tael in buying rate and VND1.65 million per tael in selling rate compared to the previous day, at 5 p.m. on August 18.

The price of gold in Vietnam recovered by nearly VND1 million per tael on August 17.

The price of gold in Vietnam continued to vaporize by more than VND3 million per tael compared to the previous day to trade at nearly VND55.5 million per tael on August 11.

The price of gold in Vietnam rocketed to an all-time high of above VND58 million per tael on July 28 due to the rising momentum in the global gold price.

The global gold price hit the highest level in history, prompting the price of gold in Vietnam to surge by nearly VND2 million per tael to near VND57 million per tael on July 27.

The price of gold in Vietnam approached VND55 million per tael on July 23.

The price of gold in Vietnam broke all records when surpassing VND53 million per tael (1.2 ounces) on July 22.

The price of gold in Vietnam continued to increase strongly on July 20, approaching VND51 million per tael (1.2 ounces) although the global bullion price cooled down.

The price of gold in Vietnam continued to enhance VND400,000 per tael on July 9.