VOV.VN - The State Bank of Vietnam (SBV) announced on July 30 a direct selling price of SJC gold bars to four State-owned commercial banks and Saigon Jewelry Company (SJC) at VND78 million per tael, down VND500,000 compared to the previous week.
Long queues of gold buyers were no longer seen in front of designated sites of four State-owned commercial banks on June 17 morning.
Vietcombank has launched an online service for customers to register to purchase SJC gold bars directly on its website – and gold will only be sold to those who register online.
The narrowing of the gap between domestic and global gold prices may further pull down the selling price of SJC-branded gold bullion of state-owned commercial banks and Saigon Jewelry Company (SJC) in the near future, Dao Xuan Tuan, Director General of the State Bank of Vietnam (SBV)'s Foreign Exchange Management Department, has said.
SJC-branded gold bullion is sold at VND77.98 million (US$3,069) per tael on June 4 as approved by the Governor of the State Bank of Vietnam (SBV).
VOV.VN - The State Bank of Vietnam (SBV) on June 3 sold SJC branded gold bars to four State commercial banks and a gold and gemstones company at a stable price in an effort to narrow the disparity between domestic and global gold bar prices.
The price of SJC gold bars rose to nearly VND81 million (US$3,266) per tael (one tael is equivalent to 1.33 ounces) in the last trading session of the first quarter (March 30), up 8% from the outset of the quarter.
VOV.VN - Local gold prices continued to break new records on March 5, passing historical highs seen over recent days to reach VND69.22 million per tael.
VOV.VN - Vietnam’s exports of gems and precious metals during the first half of this year increased by 58.1% to US$909.21 million in comparison with the same period last year, according to the General Department of Vietnam Customs.