With increasingly rapid developments occurring in the gold and stock markets, economic experts believe these represent risky investment channels, with investors needing to carefully consider all of their financial decisions.
The gold market resumed stability shortly after a quick increase on March 16 after the US Federal Reserve (Fed) raised its interest rates, while the US dollar lost in value compared to other major currencies, which experts described as going against common rule.
The Ministry of Industry and Trade has submitted to the Government a draft decree declaring a State trade monopoly in 16 goods and services.
After Tet holiday, the domestic price of gold experienced sharp increase in line with global trends.
Many people in Hanoi rushed to buy gold on God of Wealth Day, the 10th day of the Lunar New Year.