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Banking - Finance
Thursday, 11/07/2013, 08:32
SBV sells off 26,000 taels of gold today
11/07/2013
HA NOI (Homeid) — 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.
After 42 auctions, SBV sells off about 44 tonnes of gold.— Photo baodatviet.vn
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 kitco.com stood at $1,546.7 per tael. — VNS
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