Gold at historic peak, auctions receive lukewarm reception

Monday, May 06, 2024

The rescheduled auction, held on April 23, only managed to sell 3,400 taels, falling far short of the 16,800 taels on offer.

SBV to continue gold auctions

Friday, Jan 03, 2014

The State Bank of Viet Nam (SBV) sold 1.82 million taels (69.9 tonnes) of gold during 76 auctions in 2013.

Gold auctions were handled legally: SBV

Wednesday, Oct 02, 2013

Management, revenues and expenditures from gold auctions were precisely handled pursuant to laws, announced the State Bank of Viet Nam in an attempt to counter the public''s doubts about the transparency of the activities.

SBV sells another 14,600 taels of gold

Friday, Sep 27, 2013

Fourteen credit institutions paid VND37.36-37.39 million ($1,778-1,779) per tael on Friday for 14,600 of the 15,000 taels of gold that the State Bank of Viet Nam offered at its 62nd auction .

Central bank makes $272m on gold sales

Thursday, Sep 05, 2013

The State Bank of Viet Nam (SBV) said it made a profit of more than VND6 trillion (US$272.72 million) from 57 gold auctions.