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Mineral resource discovery activities in the northwest region. (Photo: ufabetindo.in)

40 gold mines discovered in northwest region

There are 40 gold mines with a total identified resource of 29.8 tonnes, and five copper mines with a total identified resource of over 13,000 tonnes in the northwest region.
President Prabowo Subianto delivering a speech during the inauguration of Indonesia's first bullion bank in Jakarta on February 26, 2025). (Photo: ANTARA)

Indonesia launches nation’s first bullion banks

Indonesian President Prabowo Subianto launched two “bullion banks” on February 26 that will provide gold deposit services to help keep stocks of gold onshore as the country looks to develop its commodity sector beyond mining.
Illustrative photo (Photo: omy.sg)

Singapore’s gold export to US increases sharply

According to data from state agency Enterprise Singapore, volumes of gold shipped from Singapore to the US rose to about 11 tonnes in January, up 27% from December, and the largest amount since March 2022.
Vietcombank announced that starting from 10am on August 27, customers of this bank can buy gold via its digital banking app. (Photo: vietcombank.com.vn)

First bank officially sells gold via app

Vietcombank has become the first bank in Vietnam to stop offering SJC-branded gold bars on its website and sell them through its banking app from August 27.
Illustrative photo (Photo: VNA)

Eleven bidders win May 23 gold auction

Eleven bidders bought 13,400 out of the 16,800 taels of SJC-branded gold bullion that the State Bank of Vietnam (SBV) offered for sale at an auction held on May 23.
Vietnamese gold demand shrinks in Q2

Vietnamese gold demand shrinks in Q2

Demand for gold in Vietnam shrank 9% in the second quarter this year compared to the same period last year, according to the World Gold Council’s latest report.
Gold remains potential investment channel

Gold remains potential investment channel

Gold remains a potential investment channel until the end of this year, though the global economy in general, and Vietnam in particular, still possess potential risk factors related to recession and inflation, which make it difficult to forecast the gold price.
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