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Update news gold
Humble aluminum's plasmonic properties may make it far more valuable than gold and silver for certain applications, reckons a new research done by scientists with Rice University of the United States.
Foreign jewelry firms are believed to lie in wait at the border gate, getting ready to enter the Vietnamese market once the country opens the gold market by 2018, when the import tariff would be cut to zero percent.
Gold futures on the COMEX division of the New York Mercantile Exchange dropped Monday to the lowest since Oct. 15, on speculation that the Federal Reserve may soon move to scale down its bond purchase.
Cyclonic storm Nari, the 11 th of its kind to hit Vietnam this year, killed at least four people and left five others missing in the central region, the National Committee for Search and Rescue has reported.
Jewelry companies had to wait for the State Bank of Vietnam’s nod to import gold materials for domestic processing. And now they have to wait for a circular from the Ministry of Science and Technology to turn this into reality.
Gold measures balance market; Interbank interest rates fall 1.17%; Index rise ignites industrial hope; SBV regulates debt grouping; Labour exporters rate performance
VietNamNet Bridge – The State Bank of Vietnam has decided to allow enterprises to import gold to make jewelries domestically, a long awaiting decision to help ease the thirst for materials.
SBV releases more gold into market; Experts discuss re-structuring rice production, exports; Eight-month auto imports rise sharply; Ho Chi Minh City takes lead in FDI attraction
VietNamNet Bridge – Approximately 55 tons of gold has been put into circulation through bidding, which has helped narrow the gap between the domestic and the international prices. But the gold demand is still very high.
VietNamNet Bridge – Many of the 12 commercial banks licensed to hold properties in trust still have not begun providing services. Meanwhile, the banks willing to provide the services are not allowed to do this.
Ministry suggests sugar import quota auction; FIEs occupy two-thirds of nation’s exports; July manufacturing PMI reflects shrinking demand; SBV sells more 26,000 taels of gold
The State Bank has successfully forced commercial banks to stop the mobilization and lending in gold, which, as described by experts “successfully put down the chaos on the gold market.” However, risks still exist.
VietNamNet Bridge – An additional 26,000 taels of gold was sold at auction on Tuesday, taking the total so far to over 1.19 million taels, or nearly 45 tons.
All gold on the Earth might have come from extreme crashes between dense dead stars, U.S. researchers reported Wednesday.
On July, the border guard commander of Quang Binh said that local border guards seized 4kg of gold that was illegally transported from Laos to Vietnam via the Cha Lo border gate in Minh Hoa district, Quang Binh.
VietNamNet Bridge – A three-year-old low in New York gold prices has provoked a rush for the precious metal in Viet Nam, sparking a price surge last weekend.
VietNamNet Bridge – Though the gap between domestic and global gold prices continues to widen, there is no letup in the demand for bullion.
The State Bank of Vietnam this year will be selling more than 30 tons of gold and importing a corresponding volume to help banks maintain their gold positions and meet market demand,
Solutions to stabilise petrol prices go nowhere; Lending up 2.1 percent over 4 months; Sugar inventory remains high; ‘Technology transfer’ sparking debate
A wedding photo of a couple in Lang Son that was recently posted on the Internet has attracted public attention. In the picture, the groom and the bride wore a lot of gold necklaces, rings and bracelets, which are wedding gifts.