Vietnam Business News
Vietnam Business News |
- Gold futures prices declined by 0.69 per cent to Rs 27,474 per 10 grams
- Silver futures prices fell Rs 488 or 0.92 per cent to Rs 52,282 per kg today
- Gold traders most bullish in two months
- Gold purchase shoots up; stronger rupee, wedding season boosts gold demand
- Local businesses allowed to import 2,100 tonnes of gold
- Despite recent dip, gold will provide a safe haven in 2012
- U.S. gold fell half a percent to $1,639.10
- China to discover a huge diamond mine in Liaoning province
- Platinum price looking cheap but Europe still with swing vote
- Aurizon mines projects slightly less gold production in 2012
Gold futures prices declined by 0.69 per cent to Rs 27,474 per 10 grams Posted: 13 Jan 2012 01:25 AM PST Gold futures prices declined by Rs 191 or 0.69 per cent to Rs 27,474 per 10 grams today as speculators booked profits at existing higher levels amid a weakening trend in the Asian region. At the Multi Commodity exchange, gold for delivery in February fell Rs 191 or 0.69 per cent to Rs 27,474 per [...] |
Silver futures prices fell Rs 488 or 0.92 per cent to Rs 52,282 per kg today Posted: 13 Jan 2012 01:21 AM PST Silver futures prices fell Rs 488 or 0.92 per cent to Rs 52,282 per kg today, after participants reduced their positions amid a weak trend in the global market. At the Multi Commodity Exchange, silver for delivery in March fell Rs 488 or 0.92 per cent to Rs 52,282 per kg with a business turnover [...] |
Gold traders most bullish in two months Posted: 13 Jan 2012 01:10 AM PST Gold traders are the most bullish in two months after mainland China imported the most metal ever from Hong Kong and investors bought U.S. bullion coins at the fastest pace in more than a decade. Eighteen of 23 surveyed by Bloomberg expect the metal to gain next week, the highest proportion since Nov. 11. Mainland China imported [...] |
Gold purchase shoots up; stronger rupee, wedding season boosts gold demand Posted: 13 Jan 2012 01:08 AM PST A stronger rupee boosted gold purchases from India just before the wedding season resumes in India, the world’s largest gold consumer, while physical flow into China was lukewarm ahead of the Lunar New Year holiday. The rupee held near a one-month high hit in the previous session, fuelling purchasing power of Indian bullion buyers who had moved to the sidelines [...] |
Local businesses allowed to import 2,100 tonnes of gold Posted: 13 Jan 2012 01:05 AM PST The State Bank of Vietnam (SBV) has allowed local businesses to import 2,100 tonnes of gold, announced the General Department of Customs on January 12. Accordingly, DI Co. Ltd. will import the largest amount of 450 tonnes, followed by Jewlpark Vina Co. Ltd., 360 tonnes, and Son Duong Vang Co. Ltd., 320 tonnes. Some businesses [...] |
Despite recent dip, gold will provide a safe haven in 2012 Posted: 13 Jan 2012 01:05 AM PST |
U.S. gold fell half a percent to $1,639.10 Posted: 13 Jan 2012 12:55 AM PST Gold prices eased on Friday as fears about the health of the global economy abated after successful debt sales by Spain and Italy encouraged investors to put their money in riskier assets. Bullion was still headed for a second straight week of gains on safe-haven buying as markets fretted about the euro zone debt crisis and tensions between Iran and [...] |
China to discover a huge diamond mine in Liaoning province Posted: 13 Jan 2012 12:52 AM PST |
Platinum price looking cheap but Europe still with swing vote Posted: 13 Jan 2012 12:45 AM PST Analysts say that platinum looks cheap at current levels, especially given recent supply constraints, but concern about growth in Europe is keeping investors cautious Between 1987 and August 2011, platinum closed at a discount to gold on only 123 trading days out of a total of 6,413. In the last third of last year, however, [...] |
Aurizon mines projects slightly less gold production in 2012 Posted: 13 Jan 2012 12:30 AM PST Aurizon Mines announced it likely would produce slightly less gold in 2012 compared to the previous year due to lower ore grades. The Vancouver-based company plans to produce about 155,000 ounces of gold to 160,000 ounces of gold this year as ore grades will be approximately six percent lower than in 2011 due to mine [...] |
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