Investing Tools
Company A-Z
Company Search
Stock Screener
Portfolios
Technical Analysis
Live Terminal
Mobile Tools

Useful Links
My Profile
My Favorites
Thursday, December 26, 2024 8:49:03 AM - Markets open
VN-INDEX 1,274.04 0.00/0.00%
HNX-INDEX 229.81 0.00/0.00%
UPCOM-INDEX 94.59 0.00/0.00%
Gold sets record high at $2,746 per tael
Vietnam News - 11/18/2021 11:16:55 PM
 (0 ratings. You must sign in to rate.)
Gold has been reported to reach a record high on Wednesday, selling at VNĐ62.15 million per tael (0.0377kg) or US$2,746. 
 
The price hike seemed to apply to the domestic market as global prices only experienced a slight increase. In the afternoon, the price went down to VNĐ61.85 million, marking a difference in price of VNĐ11 million between global and domestic markets. As of Thursday morning, price has gone up to VNĐ62.15 million per tael.
 
According to Tô Thanh Hiệp, general director of Sacombank-SBJ, the price hike was a result of a surge in demand among Vietnamese buyers. 
 
"Buyers face increased risk as the price in the domestic market is much much higher than of the global market," he said. 
 
This is the highest price recorded for gold since August 2020. — VNS
 
Read original article here
 
Newer News
17/12 F88 partners with MB to transform over 850 financial stores into bank transaction offices
16/12 Five banks qualify for year-end credit expansion
16/12 Lending interest rates this year reduced by 0.44 pp compared to 2023
16/12 Many banks increase deposit interest rates in the year-end period
13/12 VN to regulate digital assets with digital law
13/12 Banks face difficulties in balancing capital raising and lending
10/12 Dialogue on tax and customs policies to ease business operations
10/12 Bank capital contribution needs investigation to prevent cross-ownership
09/12 More tax law reforms needed to address e-commerce challenges
05/12 PM direction to promote credit management solutions
Older News
12/11 Banks in race for charter capital increase
03/11 Ten-month state budget collection meets over 90 percent of estimate
27/10 New financial support package to create new momentum for business recovery
21/10 Overseas remittances to HCM City up 22 percent despite COVID-19
19/10 Draft circular to prevent banks from hiding bad debts
13/10 Reference exchange rate continues upward trend
11/10 Vietnamese currency forecast to strengthen against US dollar in 2021
08/10 Central bank proposes new law on bad debt settlement
06/10 PM orders accelerating public capital disbursement
05/10 Deposit interest rate to stay low as banks keep borrowing costs down
 
Newsletter Signup
Top Stories
VCCI recommends mineral mining rights be granted through auction and bidding
Central bank works to raise interbank rates and ease forex market
Inflation a concern following salary increases
National Council for Sustainable Development established
Việt Nam, Cambodia look forward to $20 billion trade
Market Update
Last updated at 8:45:01 AM
VN-INDEX 1,274.04 0.00/0.00%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.