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| SBV sells each tael of gold at VND36.49-36.51 million ($1,737-1,738) in the 70th auction.— Photo Dantri.com |
HA NOI (Biz Hub) —In the State Bank of Viet Nam's 70th auction on Friday, 13 credit institutions bought 14,600 taels of gold.
The bank offered 15,000 taels at VND36.49-36.51 million ($1,737-1,738) each.
Gold prices in both the local market and world market slid slightly. The Saigon Jewellery Company (SJC) posted gold prices between VND36.43-36.53 million ($1,734-1,739) on its website, while on the kitco.com trading floor gold sold at $1,284.20 per ounce, or $1,547 per tael. Prices in Viet Nam remained $192 higher per tael than global rates.
The bank has sold nearly 1.726 million taels of gold since its first auction in March.— VNS