SBV sells off 26,000 taels of gold today

Thursday, Jul 11, 2013 18:02

After 42 auctions, SBV sells off about 44 tonnes of gold.— Photo

HA NOI (Biz Hub) — The State Bank of Viet Nam (SBV) sold all 26,000 taels of gold it put up for auction on Thursday morning. Fifteen credit institutions purchased the gold with winning bids ranging from VND37.48-37.73 million (US$1,784-1,796) per tael.

Since March 28, the SBV has held 42 auctions and sold 1.142,9 million taels or about 44 tonnes of gold.

The SJC gold price was listed at VND37.1-37.7 million ($1,766-1,784) per tael (buy-sell) today, while the price on the global gold trading site stood at $1,546.7 per tael. — VNS

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