Skip to content
Tag

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
Finance
1 min read

Gold Prices Edge Higher Amid Market Shifts and Economic Uncertainty

Vietnam’s gold market saw a subtle uptick on Saturday morning, buoyed by a surge in global bullion prices. Vietnam’s Gold Prices on the Rise The Saigon Jewelry Company reported a 0.41% increase in gold bars, pricing them at VND121 million (approximately…

Vietnam Gold
Finance
2 min read

Vietnam’s Gold Prices Rise as Global Markets Surge

A subtle shift in the gold market has been observed in Vietnam as local prices edged upwards on Thursday morning, coinciding with a significant uptick in global bullion values. This rise comes as gold reached its highest point in two weeks, enticing investors…

gold 1
Finance
2 min read

Gold Soars to 11-Day High, Marking a Strong Comeback

A bustling jewelry store in Hanoi showcases the latest trends as the gold market experiences a dramatic resurgence. On Wednesday morning, Vietnam’s gold prices soared to the highest level since May 10, primarily driven by a global uptrend that saw prices hit…

gold
Finance
2 min read

Gold Prices Climb Higher as Global Markets Show Strong Gains

Vietnamese gold prices saw an uptick Monday morning, reflecting a global trend as bullion rates climbed. The Saigon Jewelry Company reported a 0.68% increase, bringing its gold bar price to VND119.3 million (approximately US$4,597.04) per tael. Meanwhile,…

gold
Finance
2 min read

Gold Prices Edge Up Slightly as Market Uncertainty Continues

Vietnam’s gold market saw a modest uptick Tuesday morning, as global prices linger near their lowest levels seen in a week. Local Prices on the Rise Saigon Jewelry Company’s gold bars increased by 0.67%, now priced at VND120 million (approximately…

Gold
Finance
2 min read

Thailand Outshines Southeast Asia with Soaring Gold Demand

Thailand has emerged as a shining star in Southeast Asia’s gold market, showcasing a remarkable 17% increase in gold demand during the first quarter of the year. A report from the World Gold Council reveals that this surge is the most significant growth among…

1712942528 7989 scaled
Finance
2 min read

Gold Bar Prices Drop as Global Rates Experience Decline

Gold Prices in Vietnam Decline Gold bar prices in Vietnam experienced a slight decrease on Wednesday, following a decline in global bullion rates. The Saigon Jewelry Company noted a 0.4% drop in its pricing, bringing the cost to VND 121.7 million…

gold 1
Finance
2 min read

Gold Prices Decline as Consumer Demand Shifts

Gold Prices Retreat from Historic Peaks as Market Conditions Shift The price of gold in Vietnam has experienced a notable decline on Wednesday, moving further away from the record heights reached just days before. This fluctuation reflects broader trends in…

AdobeStock 250977128 scaled
Finance
3 min read

Investors Overlook Risks as They Go All-In on Gold

Surge in Gold Prices Captivates Vietnamese Consumers Amid Growing Investment Frenzy In recent months, a wave of enthusiasm for gold has swept across Vietnam, particularly among young investors eager to secure their wealth. With prices recently hitting a…

Degussa GoldHandel
Finance
1 min read

Gold Prices Surge Near Historic Peak Amid Rising Consumer Demand

In a landscape marked by global market shifts, Vietnam’s gold prices remain resilient, hovering near historic highs. As consumer demand continues to shape this precious metal’s valuation, local investors are navigating a dynamic market climate. Steady Gains…

gold 1
Finance
2 min read

Gold Prices Surge to Five-Day High Amid Rising Consumer Demand

Vietnam’s gold prices reached a five-day peak on Tuesday morning, reflecting a notable uptick in consumer demand and market activity. Local Gold Market Highlights The Saigon Jewelry Company reported that gold bars increased by 1.51%, now priced at VND 121.3…

Luk Fook
General
2 min read

Gold Prices Plummet as Global Rates Decline: Retail Impact Ahead

Gold prices in Vietnam saw a significant decline on Monday morning, mirroring a global downturn in bullion rates which fell by over 1%. This development marks an important shift in the market, reflecting changing consumer trends and economic indicators.…

gold mining
General
1 min read

Vietnam discovers 12 mines containing over 10 tons of gold

A major gold discovery in central Vietnam has revealed 12 mines containing over 10 tons of gold and 16 tons of silver, according to the Mid-Central Geological Division. The discoveries were made following geological investigations across 32 areas with gold…

Degussa GoldHandel
Finance
1 min read

Gold prices set new records twice in one day

Vietnam gold prices kept climbing to new historic peaks on Monday afternoon after setting records in the morning. Saigon Jewelry Company gold bar price rose 0.3% to a record VND101.8 million (US$3,980.45) per tael. It had earlier surged 0.8% to VND101.5…

Degussa GoldHandel
Finance
1 min read

Gold prices plummet from peak

Vietnam gold bar price fell to VND90.2 million (US$3,524.13) per tael Wednesday morning, down 2.28% from the record high it reached the previous day. It reached an all-time high of VND92.3 million per tael on Tuesday morning before plunging to VND90.5 million…

luk fook
Fashion
1 min read

Luk Fook’s retail revenue falls in third quarter

Luk Fook posted lower retail revenue in the fiscal third quarter as high gold prices continued to weaken consumer sentiment. The group’s retail revenue fell 9 percent as Hong Kong and Macau plunged 20 percent and Mainland China soared 27 percent. Overall…