Gold, stocks, dollar exchange rates at banks drop simultaneously

Gold, stocks, dollar exchange rates at banks drop simultaneously

After the US Federal Reserve (FED) announced to raise the benchmark interest rate by 75 basis points, or 0.75 percentage points, to 3.75-4 percent per annum as expected, gold, stocks, and US dollars at banks fell on November 3. Only the US dollar price on the free market jumped sharply.
Gold extends losing trend

Gold extends losing trend

After declining by VND1.3 million per tael the previous day, the price of gold in Vietnam continued to drop by VND1-1.4 million per tael to VND63.5 million per tael on September 28, following the losing momentum of the global gold price.
Gold drops VND1.3 million per tael

Gold drops VND1.3 million per tael

The price of gold in Vietnam plunged sharply on September 27 as global gold prices hit the lowest level in the past three years.
Gold price retreats VND1.2 million per tael

Gold price retreats VND1.2 million per tael

The domestic gold price decreased by nearly VND1.5 million per tael (1.2 ounces) on the morning of July 21 as the global gold price dropped sharply, falling off the mark of US$1,700 an ounce.
Gold rebounds to above VND66 million per tael

Gold rebounds to above VND66 million per tael

The price of SJC gold in Vietnam made a U-turn, climbing to more than VND66 million per tael (1.2 ounces) while the global gold price moved inversely, so SJC gold is currently nearly VND18 million per tael higher than the global gold price.
Gold price dances wildly

Gold price dances wildly

Due to the unusual fluctuations in gold prices, gold trading enterprises expanded the gap between buying and selling prices to nearly VND2.6 million per tael (1.2 ounces) on July 19.
Gold rockets to VND72.87 million per tael

Gold rockets to VND72.87 million per tael

The price of gold in Vietnam jumped to nearly VND73 million per tael (1.2 ounces) as the global bullion price continued to advance further on March 7.