Wednesday, June 19, 2013

On 20/6, 1 ton of gold bid


► This will be the 2nd gold auctions this week and the 33th session so far ...







After 32 gold auctions were held, the State Bank has offered to sell 34.6 tonnes and 31.3 tonnes

The auction will be gold 33th State Bank held on Thursday morning this week.


Notice from the State Bank said, tomorrow (20/6), the agency will be offering 26,000 taels of SJC of each piece 1, 1 ton of gold equivalent. This will be the 2nd gold auctions this week and the 33th session so far.


Reference price used to calculate the value of the deposit for tomorrow's 39.75 million / tael, SJC par with the acquisition of listed companies on the market today.


After 32 gold auctions were held, the State Bank has offered to sell 34.6 tonnes and 31.3 tonnes.


The recent auction of gold were sold out or nearly out of gold bid. SJC gold price fell to its lowest level in more than 2 months may be banks and businesses see an opportunity to collect gold.


In the 32th auction held yesterday, the State Bank bid 26,000 gold and sold 25,900 amount.


Only 10 more days left until day 30/6, the deadline for all credit institutions accounting gold status. However, the domestic gold price is still higher than the world change around 5 million / tael. Previously, the market predicts that, when the credit institution to buy enough gold to close the state domestic price will be the price of the world.


Recently, the State Bank held steady yellow 3 auctions per week. Thus, from now until 30/6, there may be 4-5 more gold auctions.

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