Permanent Vice Chairman of the National Assembly (NA) Tran Thanh Man on May 13 voiced concern over skyrocketing gold prices, asking the Government to quickly review market management measures to narrow the wide gap between domestic and global prices.

Gold prices fell last weekend after remaining high for a week, and experts attributed the fall to the Government’s instruction on conducting a specialised inspection of the 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.

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.

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.

VOV.VN - At 9:30 a.m. on May 7, the price of gold bars by Saigon Jewelry Company hit a new all-time high of VND84.8 million per tael for buying and VND87 million per tael for selling, up VND500,00 per tael compared to the previous day.

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.

Vietnamese athletes bagged three gold and two bronze medals at the Hong Kong Athletics Championship which took place from May 4-5 at the Tseung Kwan O Sports Ground, Hong Kong (China).

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.