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AN ANALYSIS OF GOLD TRADING CAPABILITIES IN HO CHI MINH CITY

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Gold is a precious metal, used more in jewelry and in many other industries. In the market economy and integrating into international economic, gold is special goods; when using it in jewelry purpose, it is normal goods; when the government put it in reserve, it becomes special foreign country.In Vietnam, gold which is put into circulation has many types and designs, however the domestic gold market depends on importable gold not only about mass but also about price. Every year, our country imports over 10tons gold, responds approximately 90% demand inland. Storing gold is Vietnamese’s tradition and this is general rule of the world, not just private in our country, especially in the big cities like Ho Chi Minh City.

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