global gold prices

Update news global gold prices

Embattled securities firms find no suitors

 VietNamNet Bridge – For Sacombank Securities Company (SBS), merging with another brokerage is a fait accompli: its accumulated losses exceed its capital.

Central bank can manage exchange rates, expert

 VietNamNet Bridge – Viet Nam's foreign exchange policies are impacted by outside factors, especially the exchange and interest rates in large economics around the world.

Central bank says to intervene in gold market

 VietNamNet Bridge – The State Bank of Vietnam (SBV) said in a statement released on May 25 that it is always ready to intervene in the gold market that has become volatile in recent days.

Gold retains shine despite price gap

 VietNamNet Bridge – Though the gap between domestic and global gold prices continues to widen, there is no letup in the demand for bullion.

SBV inconsistent in gold policy

 VietNamNet Bridge – The State Bank of Vietnam (SBV) sometimes said it would make local gold prices closer to the world’s prices, sometimes said it would not, and lately has announced it will join the gold market to bridge the price gap.