Friday, June 14, 2013

More than 29 tons of gold sold through bidding



 
With nearly 1 ton of winning gold today, the State Bank to date has sold a total of over 29 tons of gold in 30 auctions. Tomorrow, the agency continues to bid 1 ton of gold.
According to the State Bank, this morning (13/6), the agency organized bid 26,000 gold, equivalent to 1 ton of gold, and has sold 25,900 amount. The residual low of only 100, this version shows the needs of banks and enterprises for the supply by the State Bank gold sales remain strong.
The auction today is the second day of this week and is the 30th day since the operation started bidding for gold is held in late March.
But winning high volume, but there are quite a few successful bidders in this session. 25,900 Number of winning gold is selling for 8 units are banks and enterprises have established trade relations gold directly with the State Bank.
The script of the previous session when repeated during the session continue bid price is the price of gold is higher than that of listed companies on the market to purchase.
At a time when the auction took place this morning, SJC gold price in the market to purchase common below 40.5 million / tael, while the lowest bid price of this session was 40.58 million / tael, the highest winning bid was 40.63 million / tael.
This afternoon, SJC sold on the market decreased compared with the morning. Gold and Silver Corporation DOJI than 15h at SJC sold newspapers for area Hanoi at 40.66 million / tael, down 90,000 dong / tael compared to the morning. The company Saigon Jewelry (SJC) SJC gold price listed for sale at City Market 40.68 million / tael, down 70,000 dong / tael compared to the morning.
Meanwhile, SJC gold price to rise dramatically in some places, where the reduction. The quote corporations DOJI purchased SJC-way for Hanoi at 40.58 million / tael, higher than 130,000 / tael compared to the morning. Buy SJC gold price for the City Market Listed Company SJC is 40.43 million / tael, down 20,000 dong / tael compared to the morning.
State Bank said, from 3/28 to date, has 30 gold auction sale was held. Over 30 sessions, the total amount of bid is 761 600, equivalent to 29.3 tonnes of gold, 848,000 of the total bid amount, equivalent to 32.6 tonnes of gold.
According to the State Bank, tomorrow (14/6), the agency will hold auctions third gold this week and the 31th session ever, offering tons of gold 1. The reference price used to calculate the value of the deposit for tomorrow's 40.45 million / tael.
Currently selling SJC gold is higher than the world price equivalent of about 5 million / tael.
Talking to Bloomberg financial news agency, said Nguyen Thanh Truc, deputy chairman of the Vietnam Gold Business Opportunity (VGTA), said that after 30/6, the deadline for all credit institutions accounting golden state , gold demand in the country will be reduced, leading to reduced domestic price difference-world. However, Mr. Zhu also forecast that the price difference will not be much reduced.

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