2019 February

Vietnam:Gold shops prepare for sales surge

Gold demand is expected to surge today, the God of Wealth Day which falls on the 10th day of the lunar year.Legend has it that the god returns to heaven on this day every year, and people think buying some gold brings good luck and prosperity throughout the year.Gold and

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Gold holds firm on trade, growth worries; heads for weekly fall

Gold held steady on Friday on worries that a prolonged Sino-US trade war could worsen global economic slowdown, but a strong dollar put bullion on track for its first weekly loss in three. Spot gold was steady at $1,309.34 per ounce, as of 0320 GMT, after the metal hit its

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Govt proposes national gold spot exchange, seeks to organise trade

The government proposes to set up a single spot exchange for gold, finalising a method to organise the yellow metal's trade a year after the idea was mentioned in the 2018-19 Budget.The electronic exchange will oversee trade right from import, said a source privy to the development. Details on structuring

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