As reported by Quang Nam Newspaper , this morning the State Bank held its 7th auction for 16,800 taels of SJC gold bars. Accordingly, 11 units won the bid with a volume of 12,300 taels, the highest since the first day of the organization. The winning enterprise's price fluctuated from 88.89 to 88.92 million VND/tael of gold.
The State Bank started calling for SJC gold bar auctions from April 22, of which 3 sessions were canceled. This was the 4th successful auction and the session that recorded the highest number of participating businesses as well as the highest volume of gold released to the market.
Thus, in nearly the past month, more than 27,000 taels of SJC gold bars have been released into the market by the State Bank.
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