Tag: gold bar
Central bank pegs gold bullion at over US$3,000
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).
Central bank moves to sell SJC gold bars at ‘stable prices’
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.
Central bank suspends gold bar auctions, announces market inspections
The State Bank of Vietnam (SBV) has halted its gold bullion auctions and will introduce a new strategy to stabilise gold prices as early as June 3.
12,300 taels of SJC-branded gold bullion sold through auction
VOV.VN - Eleven bidders bought a total of 12,300 taels of SJC-branded gold bullion that the State Bank of Vietnam (SBV) had put on sale at an auction held on May 16.
Central bank asks for close supervision of gold market
The State Bank of Vietnam (SBV) said that it has directed its branches in provinces and cities to closely monitor the developments of the local gold market, and at gold trading locations, and report to the central bank any case where people queue to buy gold.
Gov’t requests more efforts to rein in galloping gold market
VOV.VN - The government has requested an immediate inspection of gold bar trading in an attempt to stabilize the domestic gold market that has grabbed the headlines for the past few weeks.
Domestic gold prices skyrocket to nearly VND92 million per tael
VOV.VN - The price of gold bars rose sharply in Vietnam on May 10 morning, hitting a new all-time high of VND91.80 million per tael without signs of stopping in the near future.
Central bank successfully auctions 3,400 more taels of SJC-branded gold bars
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.
State Bank announces 4th gold bar auction to stabilise prices
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.
State bank again cancels May 3 gold auction
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.
