Gold prices dominate last week
The domestic gold price jumped from VND40 million per tael to VND45 million per tael early this week, reaching peak of VND46.3 million/tael.
To cope with the sudden increases, the State Bank of Vietnam (SBV) officially announced it would allow theimport of five tonnes of gold, which eased the “hot” markets in Hanoi and Ho Chi Minh City.
The SBV warned people to be cautious about buying gold to avoid unanticipated losses.
Tags: vietnam gold, Vietnam gold market, Vietnam gold prices