Gold edged up on Wednesday as recent stimulus measures by central banks
supported bullion's appeal as a hedge against inflation, although a firm
dollar and a shift in investor focus to the euro zone debt crisis
capped gains. SEE MORE AFP – Crude fell in Asia on Wednesday as doubts over the efficacy of fresh US economic stimulus surfaced following comments from a top Federal Reserve official, analysts said. SEE MORE They understand that when the gold price increases by one dong, domestic gold
companies would raise the prices by three dong to ensure that they always can
make profit. And when the world price decreases, domestic gold companies would
only reduce the quoted prices some days later to avoid loss. Especially, the gap
between the purchase and sale prices is always large to ensure that gold
companies would never take loss. SEE MORE HA NOI (VNS)— The Ministry of Finance Ministry is hoping to re-ignite the ailing coal industry with plans to slash export tax on the fuel. SEE MORE VietNamNet Bridge – The national economy has been growing well and expected
to prosper in 2013. However, this economic growth may lead to the high inflation
by the end of the year, according to the National Finance Supervision Council. SEE MORE