Vietnam suspends gold bar auctions


HANOI: The State Bank of Vietnam has halted its gold bullion auctions and will introduce a new strategy to stabilise gold prices as early as June 3, Xinhua quoted local media reports on Tuesday (May 28).

Since April 19, the bank has held nine gold auctions, six of which were successful, releasing a total of 48,500 taels of gold.

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Vietnam , gold , auctions

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