The State Bank of Vietnam (SBV) will increase the supply of gold bullion to handle the existing huge difference in domestic and world gold prices, SBV Deputy Governor Pham Thanh Ha told the press on April 12.

VOV.VN - Gold prices in the domestic market maintained an upward trend on April 12, with gold bars reaching a new high of VND85 million per tael, and gold rings setting new record of VND78.20 million per tael.

Prime Minister Pham Minh Chinh has asked the State Bank of Vietnam (SBV) to keep a close watch on international and domestic gold prices, and put in place measures and tools in a timely and effective way to regulate the gold market in line with regulations.

Vietnamese swimmers won two gold medals and set two records at the ongoing Thailand Age Group Swimming Championships 2024 in Bangkok.

VOV.VN - The price of domestic gold rings on April 9 continued its upward trajectory, reaching VND77 million per tael and surpassing all previous records.

VOV.VN - The prices of domestic gold rings increased on the morning of April 4 to a new record at VND72.4 million per tael, after global prices hit an all-time high of 2,300.7 per ounce.

VOV.VN - Billionaire Peter Palanugool of Thailand has expressed a keen interest in investing in 10 projects across multiple fields in Binh Dinh, including a project aimed at processing gold from electronic waste in the locality.

The price of SJC gold bars rose to nearly VND81 million (US$3,266) per tael (one tael is equivalent to 1.33 ounces) in the last trading session of the first quarter (March 30), up 8% from the outset of the quarter.

Experts gave forecasts on impacts of the global economy on Vietnam and exchanged views on how to manage the macro economy and the domestic gold market at a meeting of the National Financial and Monetary Policy Advisory Council on March 28.

The Government has directed the State Bank of Vietnam (SBV) to urgently inspect and supervise to stabilise the domestic gold market.