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.

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.

VOV.VN - Female Vietnamese athletes, including Chau Tuyet Van, Nguyen Thi Le Kim, and Lien Thi Tuyet Mai, won gold on May 15 in the women’s team poomsae (performance) event held at the Asian Taekwondo Championship in Da Nang.

Deputy Prime Minister Le Minh Khai requested relevant ministries and sectors assign officials to join a delegation for inspecting the gold market and gold trading activities, during a meeting discussing gold market management measures on May 14 in Hanoi.

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.

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.