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gold

Every story tagged gold on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

Stories tagged gold

294 stories in this topic

Degussa GoldHandel
General
1 min read

Gold prices rise

SJC gold prices gained 0.15% to VND67 million ($2,857.27) per tael Wednesday afternoon. Gold ring prices went up 0.09% to VND54.55 million per tael. A tael equals 37.5 grams or 1.2 ounces. Gold prices scaled an eight-month peak on Wednesday, underpinned by a…

gold 1
General
1 min read

Gold prices rise

SJC gold prices gained 0.3% to VND67.2 million per tael Tuesday afternoon. Gold ring prices shot up 0.8% to VND54.3 million per tael. A tael equals 37.5 grams or 1.2 ounces. Global spot gold was up 1.2% at $1,846.08 per ounce jumped more than 1% to a…

Gold
General
1 min read

Vietnam consumes 50 tons of gold annually

Vietnam consumes nearly 50 tons of gold jewelry each year, with 80% absorbed by HCMC, according to the Saigon Jewelry Association (SJA). The country imported more than 1,000 tons of gold in the 1991-2012 period. Businesses have not been allowed to import raw…

AdobeStock 250977128 scaled
General
1 min read

Gold prices rise

SJC gold prices increased 0.15% from an 11-week low Tuesday to VND66.7 million ($2,779) per Tuesday Wednesday afternoon. Gold ring prices dropped 0.19% to VND53.85 million per tael. A tael equals 37.5 grams or 1.2 ounces. Global spot gold was down 0.3% at…

Degussa GoldHandel
Finance
1 min read

Gold prices inch up

SJC gold prices went up 0.22% to VND67.15 million per tael Tueday. Gold ring prices fell 0.09% to VND53.95 million. A tael equals 37.5 grams or 1.2 ounces. Global spot gold increased by 0.3% at $1,791.91 per ounce as the dollar dipped, although lingering…

gold 1
Finance
1 min read

Gold prices inch up

SJC gold prices went up 0.22% to VND67.15 million per tael Tueday. Gold ring prices fell 0.09% to VND53.95 million. A tael equals 37.5 grams or 1.2 ounces. Global spot gold increased by 0.3% at $1,791.91 per ounce as the dollar dipped, although lingering…

Degussa GoldHandel
General
1 min read

Gold prices edge up

SJC gold prices 0.3% to VND67 million ($2,841.39) per tael Friday morning. But gold ring prices declined by 0.37% to VND53.7 million per tael. A tael equals 37.5 grams or 1.2 ounces. Global gold prices inched up but were bound for a weekly loss as the U.S.…

gold 1
General
1 min read

Gold prices gain

SJC gold prices went up 0.3% to VND67.1 million per tael Wednesday. Gold ring prices inched up 0.37% to VND54.2 million per tael. A tael equals 37.5 grams or 1.2 ounces. Global gold prices traded in a narrow range on Wednesday, as investors awaited the U.S.…

AdobeStock 250977128 scaled
1 min read

Gold prices drop marginally

SJC gold prices fell 0.15% to VND67 million ($2,805.70) per tael Thursday morning. Gold ring prices gained 0.19% to VND54 million. A tael equals 37.5 grams or 1.2 ounces. Gold prices were little changed in early Asian trade on Thursday, after bullion jumped…

gold 1
General
1 min read

Gold prices inch up

Vietnam’s SJC gold prices rose 0.74% to VND67.15 million ($2,739.14) per tael Thursday. Gold ring prices went up 0.28% to VND54.3 mllion per tael. A tael is equal to 37.5 grams or 1.2 ounces. Global spot gold prices went up 0.7% to $1,781.15 per ounce, a…

gold 1
General
1 min read

Vietnam gold price drops despite global gain

Prices of gold bars branded SJC on Wednesday decreased 0.15% from the previous day to VND67.1 million ($2,722.11) per tael. But gold ring prices went up 0.28% to VND54.15 million per tael. A tael is equal to 37.5 grams or 1.2 ounces. Global spot gold was up…

Degussa GoldHandel
General
1 min read

Gold prices continue to drop

Prices of gold bars branded SJC on Monday dropped 0.4% from the weekend to VND67.35 million ($2,716.82) per tael. Selling prices of gold rings remained unchanged, reaching VND54.05 million per tael. A tael is equal to 37.5 grams or 1.2 ounces. Globally, gold…

Gold Vietnam
General
1 min read

Gold prices surge as Fed signals slower rate hikes

Marked ingots of 99.99 percent pure gold are placed in a cart at the Krastsvetmet non-ferrous metals plant in the Siberian city of Krasnoyarsk, Russia March 10, 2022. Gold prices rose as soon as the U.S. Federal Reserve announced that it may slow the pace of…

gold 1
General
1 min read

Gold prices rise

Prices of gold bars branded SJC on Wednesday increased VND100,000 ($4.02) from the previous day to VND67.5 million ($2,706) per tael. Prices of gold rings branded SJC dropped VND250,000 from the previous day to VND53.85 million per tael. SJC gold prices are…

Degussa GoldHandel
General
1 min read

Gold demand recovers to its pre-pandemic level

Vietnam’s gold consumption reached 45.6 tons the first nine months of 2022, compared to 45 tons during the same period in the pre-pandemic year of 2019. In Q3, the country’s gold demand more than tripled to 12 tons from 3.3 tons a year earlier. Bullion and…