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.

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.

VOV.VN - The price of domestic gold bars on April 26 continued its upward trajectory, climbing to a historic peak of over VND85 million per tael to surpass all previous records.

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.

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.

VOV.VN - The State Bank of Vietnam (SBV) is scheduled to hold its second gold bullion bidding session this April in an effort to increase the supply of gold bullion and to stabilise the domestic gold market after the first one was held 11 years ago.

VOV.VN - The State Bank of Vietnam (SBV) is scheduled to hold a gold bullion bidding session on April 23 in an effort to increase the supply of gold bullion and stabilize the domestic gold market that has made national headlines in recent times.

VOV.VN - The State Bank of Vietnam (SBV) is scheduled to hold a gold bullion bidding session on April 17 after 11 years of suspension in an effort to stabilize the domestic gold market that has made national headlines in recent times.

The State Bank of Vietnam (SBV) will increase the supply of gold bullion to handle the existing huge difference in domestic and world gold prices, SBV Deputy Governor Pham Thanh Ha told the press on April 12.

VOV.VN - Gold prices in the domestic market maintained an upward trend on April 12, with gold bars reaching a new high of VND85 million per tael, and gold rings setting new record of VND78.20 million per tael.