Gold prices up again on God of Wealth Day
Gold prices surged significantly, exceeding the threshold of 90 million VND (3,550 USD) per tael at the opening session of the God of Wealth Day on February 7 (the 10th day of the first lunar month).
Keyword: "gold bar"
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ℱ Gold at historic peak, auctions receive lukewarm reception
Gold prices reached a historic peak last week after consecutive auction sessions held by the State Bank of Vietnam (SBV) were met with lukewarm enthusiasm.
𒅌 Central bank cancels gold auction for third time
The State Bank of Vietnam on May 3 cancelled the auction of the SJC-branded gold bullion which had been set for 10am the same day, as only one business registered to take part.
PNJ eclipes rival SJC in profit margins
The country’s biggest gold bar trader, Saigon Jewellery (SJC), recorded gross profit margin at 0.57 percent in 2015, much lower than the 15 percent posted by competitor Phu Nhuan Jewellery (PNJ).