Friday, November 22, 2024 12:08:15 AM - Markets closed
VN-INDEX 1,228.33 +11.79/+0.97%
HNX-INDEX 221.76 +0.47/+0.21%
UPCOM-INDEX 91.50 +0.41/+0.45%
Three bidders win gold auction at high price
Vietnam News - 5/8/2024 5:07:10 PM
 (0 ratings. You must sign in to rate.)
The State Bank of Việt Nam (SBV) announced the result of Wednesday's gold auction, with three winning bidders securing 34 lots.
 
The only winning bid price is VNĐ86.05 million (US$3,383 per tael), which is VNĐ750,000 per tael higher than the reference price.
 
As a result, a total of 3,400 taels of SJC-branded gold bars have been successfully sold out of the total 16,800 taels auctioned by the SBV.
 
This is the second successful auction out of a total of five auctions, while the other three were postponed due to insufficient registered bidders. The total amount of gold successfully auctioned after these two sessions is 6,800 taels.
 
In the previous successful auction on April 23, there were two winning bidders with a total volume of 34 lots. The highest winning bid price was VNĐ82.33 million per tael and the lowest winning bid price was VNĐ81.32 million.
 
On the market, SJC gold prices rebounded from early trade. At 14.20pm, Saigon Jewellry Company Limited (SJC) quoted gold prices at VNĐ85.2 million per tael for sellers and VNĐ87.5 million per tael for buyers.
 
The domestic gold price set a new record high at VNĐ87.5 million per tael on Tuesday, up 18.2 per cent from the end of last month. — VNS
 
Read original article here
Newer News
21/11 VAT tax reduction should continue until mid-2025: MoF
20/11 Tax shift: e-commerce platforms could shoulder seller tax responsibilities
19/11 US affirms Vietnam not manipulating currency
18/11 Exchange rate fluctuations bring huge profits to many banks
18/11 Should Vietnam implement VAT on fertilisers?
18/11 Central bank issues new decisions on deposit interest rates
18/11 Vietnam needs to build a strategy for disaster risk financing and insurance
14/11 Bank lending in HCM City to remain on steady growth path: SBV
12/11 SBV to propose establishment of gold exchange at appropriate time
12/11 New policy drafted to help non-bank credit institutions develop further
Older News
06/05 Bank deposits decline for first time in over two years
06/05 SJC gold price hits all-time high
24/04 Two bidders win the first gold auction this year
24/04 HCM City seeks to draw remittances in infrastructure
24/04 HCM City could issue bonds for overseas Vietnamese to fund infrastructure: conference
19/04 Overseas remittances to HCM City record highest increase in three years
19/04 Old loans must endure higher interest rates temporarily: SBV
19/04 Commercial banks raise deposit rates
16/04 Gold bar auction to be resumed after 11 years of suspension
16/04 Banks record positive business indicators in Q1 2024
 
Newsletter Signup
Top Stories
VCCI recommends mineral mining rights be granted through auction and bidding
Central bank works to raise interbank rates and ease forex market
Inflation a concern following salary increases
National Council for Sustainable Development established
Việt Nam, Cambodia look forward to $20 billion trade
Market Update
Last updated at 3:05:01 PM
VN-INDEX 1,228.33 +11.79/+0.97%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.