Vietnamese Gov’t warns against goldization
In the first quarter, Vietnam saw a 12% increase in demand for gold investments and a 6% rise in consumer demand compared to the same period in 2023.
In the first quarter, Vietnam saw a 12% increase in demand for gold investments and a 6% rise in consumer demand compared to the same period in 2023.
Administrative measures, such as market audits, mandatory electronic invoicing, and investigations into price manipulation, would have an immediate stabilizing effect on the gold market.