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 bid price fluctuated from 88.89 to 88.92 million VND/tael of gold.
The State Bank began calling for bids for SJC gold bars on April 22, of which three were canceled. This was the fourth successful bid and the one that recorded the highest number of participating businesses and 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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