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In a significant shift for Vietnam’s gold market, the government has issued a decree that allows select banks and businesses to engage in the import and production of gold bars— a privilege that has long been reserved for the state-owned Saigon Jewelry…
Malabar Gold & Diamonds, a renowned Indian jewellery brand, has broadened its reach in the UK with the introduction of two additional showrooms – one in Birmingham and another in Southall. The Birmingham Outlet The Birmingham outlet is the largest of the…
As gold prices dip in Vietnam, a contrasting trend is seen in the global market. In the latest market update, the price of gold bars from the Saigon Jewelry Company fell by 1.43% to VND131.4 million (approximately US$4,980.1) per tael. Meanwhile, local…
Gold faces downward pressure as global rates slip. The gold market in Vietnam experienced a decline on Thursday afternoon, mirroring a drop in global prices. The Saigon Jewelry Company reported a 1.03% decrease, bringing the price of gold bars down to…
The price of gold in Vietnam has surged as the global market continues its upward trajectory. On Tuesday afternoon, the price of Saigon Jewelry Company gold bars increased by 0.52%, reaching VND135.8 million (approximately US$5,145.89) per tael. Meanwhile,…
Vietnam gold price reached another record Saturday morning, having risen 60.8% so far this year, outpacing global rates. In a notable surge, the price of gold in Vietnam hit a new high Saturday morning, increasing by 60.8% since the beginning of the year.…
Vietnam’s gold market continues to shine brightly, reaching unprecedented heights as prices soar once again. In the latest surge, gold from the Saigon Jewelry Company climbed 0.47%, peaking at VND127.7 million (US$4,849.70) per tael. Gold rings followed suit,…
Saigon Jewelry Company is holding firm with gold bar prices at VND125 million (approximately US$4,750.59), and gold rings are reflecting a similar stability at VND119.5 million per tael. The gold market remained steady as investors looked toward the Federal…
Global gold prices are facing a decline this week as fresh inflation data has made investors rethink expectations for rate cuts, all while the market’s gaze shifts to the pivotal discussions between U.S. President Donald Trump and Russian President Vladimir…
Vietnam’s gold prices soared to unprecedented heights this week, reflecting a vibrant global market bolstered by speculation surrounding U.S. interest rate adjustments. On Thursday morning, gold bars from the Saigon Jewelry Company surged by 0.40%, reaching…
Global gold prices experienced a slight rebound on Tuesday, recovering from a significant drop in the previous session as investors geared up for crucial U.S. inflation data that could shape the Federal Reserve’s future interest rate decisions. Spot Prices…
Gold prices in Vietnam have taken a noticeable plunge following a global dip, marking a shift from their recent record highs.The price of gold bars from Saigon Jewelry Company decreased to VND123.9 million (approximately US$4,724.32) per tael, reflecting a…
Swiss gold smelters have experienced a surge in business recently, leveraging a lucrative price differential between US gold futures and the London spot price. However, this profitable chapter is at risk of closing as new punitive tariffs may soon reshape the…
The rally in Vietnam’s gold prices shows no signs of slowing down as values edge closer to their all-time high from earlier this year. On Tuesday afternoon, the Saigon Jewelry Company reported its gold bar price climbing 0.41% to reach VND123.8 million, or…
Singapore’s investment in gold bars and coins surged by 37% year-on-year, reaching 2.2 tonnes in the second quarter. Although this figure falls short of the record high of 2.5 tonnes observed in the first quarter, the World Gold Council indicates a strong…
On Saturday, the price for gold bars from Saigon Jewelry Company surged by 1.73%, hitting VND123.5 million (approximately US$4,710.14) per tael, tantalizingly close to the historic peak of VND124 million set on April 22. Gold rings also saw a bump, climbing…
