Vietnam Business News
Vietnam Business News |
- U.S. gold edged down 0.4 percent to $1,591.40 on Monday
- Hanoi real estate market eyes condominiums priced at 15m dong/sqm
- Real estate market to remain gloomy till mid-2012: Minister
- JP Morgan Asset Management expects a gold rally in 2012
- UBS says Swiss franc, gold no longer investment havens
- Get out of Gold now, price will plummet to $1450/oz: Dennis Gartman
- Another bright year awaits gold
- Silver prices fell by 1.44% to Rs 52,938 per kg
- Spot gold lost 0.6 percent to $1,588.89 an ounce
- India gold prices fell by 0.36% to Rs 27,565 per 10 grams today
| U.S. gold edged down 0.4 percent to $1,591.40 on Monday Posted: 19 Dec 2011 01:00 AM PST Gold prices fell as much as 0.8 percent on Monday, extending their biggest weekly loss in nearly three months last week, as rating agency Fitch’s warning on downgrading France kept investors on the edge about the situation in Europe. Fitch Ratings warned it may downgrade France and six other euro zonenations as it believes a comprehensive solution [...]
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| Hanoi real estate market eyes condominiums priced at 15m dong/sqm Posted: 19 Dec 2011 12:53 AM PST Facing the pressure of decreasing prices, Hanoi real estate market began to see a number of new condominium projects with price of about 15 million dong per square metre. Many new projects are offering at the price of 14-20 million dong/sqm. Eying customers who purchase house for living with amount of money of about over [...]
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| Real estate market to remain gloomy till mid-2012: Minister Posted: 19 Dec 2011 12:53 AM PST Minister of Construction, Trinh Dinh Dung, has said at the conference of construction enterprises that the difficulties of the real estate market will continue to last at least till the end of the second quarter next year. Accordingly, the frozen real estate market reflected the truth about the real estate market in Vietnam, but this [...]
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| JP Morgan Asset Management expects a gold rally in 2012 Posted: 19 Dec 2011 12:48 AM PST Top natural resources manager Neil Gregson of JP Morgan Asset Management believes we could see another rise in the gold price in 2012 as fears of recession in developed economies take centre stage. The manager of the JPM Global Natural Resources fund, who recently took over the fund from veteran manager Ian Henderson, also shares his views on the outlook [...]
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| UBS says Swiss franc, gold no longer investment havens Posted: 19 Dec 2011 12:40 AM PST The Swiss franc and investments in gold will no longer provide investors with safe harbor from market turmoil and the eurozone debt crisis, UBS’s investment chief told the Swiss bank’s client in a letter Friday. “As we enter 2012, neither gold nor the Swiss franc retains a safe haven status,” UBS Chief Investment Officer Alexander [...]
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| Get out of Gold now, price will plummet to $1450/oz: Dennis Gartman Posted: 19 Dec 2011 12:35 AM PST Gold bull Dennis Gartman has liquidated his gold position and admits that long gold positions have now become risky. Gartman is the publisher of the widely read daily Gartman Letter and came into international attention for correctly forecasting the 2008 commodities slump. In the newsletter, Gartman says that one should not own gold in Euros [...]
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| Another bright year awaits gold Posted: 19 Dec 2011 12:35 AM PST Gold’s golden run is all likely to enter the new year with a bang as the much awaited Europe agreement on debt crisis failed to evoke any reactions that could prevent the precious yellow metal. Analysts said the latest devolopment added more pressure on the euro and heightened gold’s safe haven appeal. They added that [...]
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| Silver prices fell by 1.44% to Rs 52,938 per kg Posted: 19 Dec 2011 12:35 AM PST Silver prices fell by 1.44% to Rs 52,938 per kg in early trade in the futures market today after speculators reduced their exposure, taking cues from a weak trend overseas. At the Multi Commodity Exchange, March silver fell by Rs 776, or 1.44%, to Rs 52,938 per kg, with an open interest for 6,197 lots. [...]
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| Spot gold lost 0.6 percent to $1,588.89 an ounce Posted: 19 Dec 2011 12:35 AM PST Gold prices fell as much as 0.8 percent on Monday, extending their biggest weekly loss in nearly three months last week, as rating agency Fitch’s warning on downgrading France kept investors on the edge about the situation in Europe. Fitch Ratings warned it may downgrade France and six other euro zonenations as it believes a comprehensive solution [...]
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| India gold prices fell by 0.36% to Rs 27,565 per 10 grams today Posted: 19 Dec 2011 12:35 AM PST Gold prices fell by 0.36% to Rs 27,565 per 10 grams in futures trade today, in tune with a weakening trend in overseas markets. At the Multi Commodity Exchange, February gold fell by Rs 71, or 0.36%, to Rs 27,565 per 10 grams in 4,712 lots. The April contract lost Rs 84, or 0.30%, to [...]
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