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gold market

Proposal to eliminate business license in making gold jewelry and crafts

The State Bank of Vietnam (SBV) is collecting comments for a draft amendment to Decree No. 24/2012/NĐ-CP on gold trading management and the proposed elimination of business condition in making gold jewelry and crafts has become the prominent content.

Gold market becomes less attractive

Investors have switched their interest from gold market to riskier ones like stock market due to the downward tendency of the gold price.

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Stock indexes
HOSE HNX VN30 UPCOM
1,205.61 28.21 2.4
Volume: 820,079,823 Value: 19,846 (Billions VNĐ)
227.87 5.24 2.35
Volume: 84,654,911 Value: 1,608 (Billions VNĐ)
88.37 0.86 0.98
Volume: 26,021,137 Value: 414 (Billions VNĐ)
1,232.17 31.8 2.65
Volume: 280,577,090 Value: 8,840 (Billions VNĐ)