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In response to shifting consumer preferences and soaring prices, Singapore-based gold jewelers are rethinking their strategies. They are updating designs and adjusting prices to attract customers, as the demand for gold jewelry takes a hit from a growing…
The price of gold in Vietnam experienced a significant surge on Tuesday morning, propelled by the precious metal’s global market gains and political uncertainties. Surge in Gold Prices Saigon Jewelry Company reported a 0.57% increase in the price of its gold…
China recently announced the discovery of an undersea gold deposit, touted as the largest in Asia. This remarkable find further augments the existing troves of the precious metal, following other significant discoveries earlier this year. New Gold Reserves…
On Monday, the price of gold in Vietnam increased as global rates reached an unprecedented level due to expectations of further reductions in interest rates. The Saigon Jewelry Company saw a 0.57% increase in the price of their gold bars, rising to VND157.5…
The cost of gold took a significant plunge in Vietnam on Tuesday afternoon in line with a global downtrend. Saigon Jewelry Company, for example, saw a decrease of 1.02% in the price of their gold bars, which fell to VND155.6 million (US$5,908.47) per tael.…
Gold bar prices in Vietnam experienced a significant increase on Monday morning, tracking the global rise in bullion rates. The price of Saigon Jewelry Company’s gold bars soared by 0.32%, reaching a record high of VND156.8 million (US$5,959.48) per tael. The…
The National Assembly of Vietnam has directed the government to construct a strategic plan for establishing a gold trading exchange. This endeavor is in response to the escalating prices of gold and aims to control and regulate the bullion market. The Need…
The Kingdom of Bhutan is preparing to launch one of the first-ever sovereign-backed gold tokens, a groundbreaking move that places it at the forefront of governmental digital asset innovation. This bold step signifies the country’s attempt to combine…
As per a newly enacted legislation on Wednesday, sales of gold bars will now be subjected to a 0.1% tax, as declared by the National Assembly. However, the responsibility of determining the tax threshold and the schedule of implementation has been delegated…
Russia’s gold reserves have reached a record-breaking value of US$310.72 billion, a significant increase of 57% from the previous year. According to data released by the Central Bank of Russia as of November 30th, this marks the fourth consecutive month of…
The price of gold bars in Vietnam witnessed a surge on last Friday morning, while global bullion rates continued to remain steady. The Saigon Jewelry Company saw a 0.72% increase in its gold bar pricing, reaching VND154.9 million (US$5,875.79) per tael. The…
Emirates Gold, a leading bullion retailer, has made history by unveiling the first-ever gold Automated Teller Machine (ATM) in the United Arab Emirates (UAE). This pioneering system gives customers the ability to withdraw and trade physical gold around the…
Indonesia has embarked on an ambitious initiative to eradicate approximately 1,400 unauthorized gold mines located in the Mount Halimun Salak National Park area, situated in the Sukabumi district of West Java province. In the month of November alone, local…
Singapore has recently launched its inaugural fully insured and locally stored physical gold fund. The move enhances the city-state’s prestige as an international financial center and a hub for precious metals. The LionGlobal Singapore Physical Gold Fund was…
On Tuesday morning, Vietnam saw a rise in the price of gold, in line with global rates which experienced an upward trend. This increase is attributed to market anticipation of a Federal Reserve interest rate cut. The Saigon Jewelry Company reported a 1.66%…
On Wednesday morning, the price of gold in Vietnam increased, while global bullion rates experienced a minor drop. Saigon Jewelry Company’s gold bar price rose by 0.94%, reaching VND150.7 million (US$5,713.52) per tael. Notably, local prices are approximately…
