Monday , January 20 2025

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Gold prices tumble

Gold prices tumble

Saigon Jewelry Company (SJC) gold price dropped 2.63% to VND74 million ($3,049.04) per tael Saturday morning. Gold ring price fell 0.32% to VND63.05 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally gold prices held steady on Friday as they headed towards the end of their best …

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Central bank ready to increase gold bullion supply

Central bank ready to increase gold bullion supply

The State Bank of Vietnam is ready to increase gold supply to stabilize the market, the head of its foreign currency department has said. “We are ready to intervene to stabilize the market with an increase in the supply of Saigon Jewelry Company (SJC) gold bars,” Dao Xuan Tan said. …

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