Eight bidders bought a total of 8,100 taels of SJC-branded gold bullion out of the 16,800 that the State Bank of Vietnam (SBV) offered for sale at the auction held on May 14 morning.

The State Bank of Vietnam (SBV) has announced the fifth auction of SJC gold bullions on May 14, with bidding condition changes compared to the latest session.

VOV.VN - About 3,400 taels of SJC-branded gold bars changed hands at a gold bullion auction held by the State Bank of Vietnam in Hanoi on May 8.

The State Bank of Vietnam (SBV) on May 7 announced a morning auction for a total of 16,800 taels of gold in Hanoi on May 8.

Gold prices reached a historic peak last week after consecutive auction sessions held by the State Bank of Vietnam (SBV) were met with lukewarm enthusiasm.

VOV.VN - The State Bank of Vietnam decided to cancel a gold bullion auction due to take place on May 3 morning after only a bidder applied for registration.

The State Bank of Vietnam will auction an additional 16,800 taels of SJC-branded gold bars to businesses at 9am on May 3, it said in a statement released on May 2.

Another bidding session for 16,800 taels of gold bullion will be held on April 25, the State Bank of Vietnam said in a statement.

France’s Millon Auction House has decided to open its representative office in Vietnam, and is preparing necessary steps for the official opening of the office in the near future.

The State Bank of Vietnam (SBV) released the outcome of the gold bullion auction on April 23, with two winning bidders securing 34 lots, equivalent to 3,400 taels of SJC-branded gold bars.