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selling gold

News updates related to gold sales.

Victim loses nearly 750 million VND after falling into a trap of buying "cheap" gold on Facebook.

Authorities have just busted a scam selling gold at cheap prices through Facebook, Zalo, and TikTok platforms; one victim lost nearly 750 million VND after believing the offers.

Law

Is selling gold bars or gold rings directly to others against the law?

I have gold bars and gold rings in storage, and now I want to sell them directly to others without going through a store. Would this violate the law, and what specific regulations apply? (Regarding the issue...)
Are individuals who buy and sell 9999 gold rings with each other subject to penalties?

In cases where individuals buy and sell 9999 gold rings solely for civil purposes, not for business, and not at illegal gold trading establishments, then...

There is no truth to the social media rumor that "gold sold without a receipt will be confiscated."

Domestic gold prices continuously reached record highs in the last days of January 2026, prompting many long-term gold holders to consider selling. However, rumors that "selling gold without a receipt will result in confiscation..."
Demand for gold and silver is the second highest in history.

Data released by CME Group shows strong participation from individual investors, contributing to gold and silver trading volumes reaching the second-highest levels in history.
Gold speculators are selling off their gold holdings en masse due to heavy losses.

The price of gold bars and rings fell by another 300,000 VND this morning. Those who bought gold for short-term speculation last week have lost up to 3.8 million VND, leading to a wave of sell-offs on social media.
Gold prices are rising, and experts are debating whether to buy or sell gold.

Rising gold prices dominated the IMF-WB conference, with officials and experts debating whether to buy or sell gold...

24h Economy: Gold trading must be linked to identification; first bank launches its own brand of gold bars.
October 3, 2025 10:21

24-Hour Economy News: Gold trading to be tightened with regulations requiring identification and 10-year data retention. Asia Commercial Bank (ACB) announces the launch of its own gold bar brand.
Part 1: Exploring the Nam Non region
September 1, 2025 11:31

The O Du people currently number only about 100 households, mainly concentrated in Van Mon village (Nga My commune). Few people know that they have a proud past. Their ancestors are believed to have been...
Buying and selling gold worth 20 million VND or more requires bank transfer: Is this calculated daily or per transaction?
July 13, 2025 16:08

Regarding the proposal that gold purchases and sales exceeding 20 million VND must be transferred via bank transfer, the Ministry of Public Security believes that it is necessary to clearly define the 20 million VND value as the limit for each individual transaction or the total transaction value for each day...
Gold price update on the morning of May 29th: Domestic and international gold prices drop sharply, research into gold trading tax.
May 29, 2025 10:47

Gold prices today, May 29, 2025: Domestic and international gold prices dropped sharply this morning. General Secretary To Lam requested the removal of the state monopoly on gold bar branding in a controlled manner...
Soldiers in Ky Son district are helping people relocate their homes to resettlement areas.
December 29, 2024 12:57

On December 28th and 29th, officers and soldiers of the Ky Son District Military Command, Nghe An province, along with militia forces, assisted the people of Vang Phao village in relocating their homes to a safer location...
Why are people in Nghe An not in a hurry to sell their gold despite making a profit of 3 million VND per tael after just one week?
October 27, 2024 14:51

In just one week, buyers of gold rings in Nghe An province made a profit of approximately 3 million VND per tael (approximately 37.5 grams). However, very few people are selling gold to take profits at this time.
Ky Son district is preparing to relocate residents of Vang Phao village to a new location.
August 10, 2024 16:30

The Vang Phao resettlement area in Muong Tip commune (Ky Son district) was started after a large crack was discovered on the mountaintop running along Vang Phao village, threatening the safety of all residents...

selling gold

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