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Personal Income Tax on Gold Transactions: Can It Curb Speculation and Narrow Price Gaps?
After a series of price hikes, with a difference of approximately $1,700 per tael since the beginning of the year, gold has emerged as an attractive investment channel, offering lucrative returns. Experts support the proposal to impose personal income tax (PIT) on gold transactions. However, the implementation of this tax should follow a gradual roadmap, distinguishing between investment and accumulation activities to prevent any shock to the public.
Nikkei Asia: FPT Targets Launch of Chip Testing Plant in Vietnam “Soon”
In an exclusive interview with Nikkei Asia, FPT Chairman Truong Gia Binh revealed that the move is strategically designed to capitalize on the global semiconductor supply chain shift amid escalating U.S.-China tensions.
Afternoon of September 18: SJC Gold Bars and Ring Prices Continue to Plummet
In the early hours of September 18th, global gold prices surged dramatically, reaching an all-time high of over $3,700 per ounce. However, this rally was short-lived as prices abruptly reversed and plummeted. Domestically, the opening of the market saw a similar trend, with both SJC gold bars and gold jewelry prices experiencing a widespread decline.
