Local gold prices increased by 0.2 per cent
yesterday to touch VND36.55 million per tael (US$1,732), driven by a strong
surge in world gold prices on Monday.
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.