On October 2, the National Assembly Delegation of Da Nang City held a meeting with voters to prepare for the 8th Session of the 15th National Assembly.

At the meeting, voters expressed concern about the rapid increase in gold prices recently.

Voter Tran Quang Sam (Hoa Tho Dong ward, Cam Le district) said that the current sharp increase in gold prices and the continued increase in world gold prices have made people very confused and impatient.

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Rising gold prices have caused concern among Da Nang voters, who have requested intervention measures. Photo: Ho Giap

Mr. Sam recommended that the State needs to strictly manage the gold market, because if it does not intervene, it will cause instability and consequences for the economy, especially the macro economy.

"The government and ministries need to have solutions related to gold prices" - voter Tran Quang Sam said.

Specifically, handling violations related to the gold market and gold trading activities; smuggling, spreading false information, speculation, profiteering and manipulation of the gold market.

Along with that, flexibly intervene at each time of increase and decrease in the gold market to stabilize the gold price; the domestic gold price does not differ too much from the world gold price. From there, help stabilize the price of goods, to develop the economy.

Responding to this issue, Mr. Nguyen Van Quang, Secretary of the Da Nang City Party Committee, said that in order to control, combat and handle violations in the current gold market, the State will intervene flexibly and at the right time. The Prime Minister also directed strongly on this issue and took specific measures, so recently, the increase in gold prices has been controlled.

According to Mr. Quang, recently the price of gold has increased again, the Prime Minister is giving very strong instructions to the State Bank and relevant agencies to have appropriate solutions.