eleven bidders win may 23 gold auction

Eleven bidders win May 23 gold auction

Eleven bidders bought 13,400 out of the 16,800 taels of SJC-branded gold bullion that the State Bank of Vietnam (SBV) offered for sale at an auction held on May 23.
sbv gold auction sells 7900 taels

SBV gold auction sells 7,900 taels

A gold auction held by the State Bank of Vietnam (SBV) on May 21 sold 7,900 taels (70 lots) of SJC-brand gold bullion to nine different bidders.
eleven bidders win latest gold auction

Eleven bidders win latest gold auction

Eleven bidders bought a total of 12,300 out of the 16,800 taels of SJC-branded gold bullion that the State Bank of Vietnam (SBV) offered for sale at an auction held on May 16.
eight bidders win may 14 gold auction

Eight bidders win May 14 gold auction

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.
cautious state remains after gold auction

Cautious state remains after gold auction

Despite high market interest, Vietnam’s inaugural gold auction left 13,400 taels unsold, with restrictive conditions and regulatory uncertainties dampening enthusiasm and complicating efforts to align domestic prices with global rates.
sbv to continue gold auctions

SBV to continue gold auctions

central bank will continue gold auctions

Central bank will continue gold auctions

The State Bank of Viet Nam intends to keep up gold auctions to correct imbalances in supply and demand in the domestic market, according to the Head of the Foreign Exchange Department, Nguyen Quang Huy.
central bank makes 272 mln on gold sales

Central bank makes $272 mln on gold sales

The State Bank of Vietnam (SBV) said it made a profit of more than 6 trillion VND (272.72 million USD) from 75 gold auctions.
central bank assures of more gold auctions if necessary

Central Bank assures of more gold auctions if necessary

Le Minh Hung, Deputy Governor at the Central Bank, said if market demand for gold increases, they will hold more gold auctions to ensure steady flow.
state bank auctions one more ton of gold

State Bank auctions one more ton of gold

The State Bank of Vietnam sold 26,000 taels of gold, or one ton, at the 48th gold auction on July 30 to seventeen banks and companies with highest bid at VND38.08 million a tael and lowest bid at VND38 million.
1300 taels of gold left unsold at auction

1,300 taels of gold left unsold at auction

For the first time in the State Bank's last six gold auctions, 1,300 taels were left unsold yesterday. The bank offered 26,000 taels (one tonne) of gold with 16 credit institutions in attendance.
gold auctions still attracting buyers

Gold auctions still attracting buyers

Despite the fact that local banks now do not have to hunt for gold after completing settlement of gold arrears as of Sunday as requested by the central bank, up to 80,000 taels of gold still found buyers in the two gold biddings earlier this week.
more than 30 ton gold injected into market

More than 30 ton gold injected into market

In 31 gold auctions, the State Bank of Vietnam (SBV) has pumped 787,300 taels of gold, or 30.2 tons of gold, into the market.
sbv to auction gold until gap narrows

SBV to auction gold until gap narrows

The State Bank of Vietnam (SBV) will sell gold until banks no longer need the precious metal with the hope that the gap between local and global gold prices will narrow, stated a senior source from the central bank.
second gold auction ends in success

Second gold auction ends in success

26,000 taels of gold bullion was successfully sold at the second auction held by the State Bank of Vietnam on April 4.