Gold Prices

“Never before have the gold market been such quiet in the first few months of the year,” said a representative of SJC.

Vietnamese people are overpaying to own a same amount of gold as their international peers, said an expert.

This is seen as a positive sign for the economy amid the current serious Covid-19 situation that is having negative impacts on enterprises’ operation.

Before Tet holiday, the stock market showed sign of recovery following a historic slump, while the gold prices on the world market was on the declining trend.

Given a large gap between domestic and international gold prices, it would be high risks for investors to bet their money on gold at the moment, said an expert.

Traditional investment channels such as stock or real estate markets are set to continue to be the focus for investors in 2021.

Core inflation rose 2.31% year-on-year in 2020.

Core inflation comes at 2.52% year-on-year in the first ten months of 2020.

Core inflation rose 2.66% year-on-year in the first eight months of 2020.

Core inflation rose 2.74% year-on-year in the first seven months of 2020.