On 27/6, offered 40,000 gold

► Only 4 days left to term 30/6, the time that the credit institutions to settle the status of gold ...

                   In the last 35 sessions, the State Bank has sold more than 34 tons of gold. 

The auction will be the 36th Golden State Bank held on Thursday morning of this week, the bid amount is 40,000 gold.

State Bank said, tomorrow morning (27/6), the agency will conduct auctions next gold. The volume of this session is offered 40,000 taels of SJC of each piece 1, or 1.5 tons of gold. The high bid is half over recent sessions.

The gold version is offered 36 sessions since the start of the State Bank gold bidding on 28/3, which is nearly 3 months ago. This is the Monday auction held this week.

Only 4 days left to term 30/6, the time that the credit institutions to settle the status of gold. Thus, from now until that time, perhaps only 2 gold auction, including tomorrow.

In the last 35 sessions, the State Bank has sold more than 34 tons of gold. Gold is said to be mainly banks gathered to finalize the state, instead of providing a market for sale to investors.

Previously, many ideas that demand to buy gold from banks to settle the warping caused domestic prices to world prices far. However, the difference between the domestic price and the world is growing, despite the large amounts of gold have been sold. The time difference in the price of gold in international water-nearly 6 million / tael, from where the difference is less than 3 million / tael at the time of starting bidding gold.

International gold prices fell sharply in recent days, the lowest level in three years in this way. Domestic gold prices also lowered the nearly 37 million dong / tael, the lowest in more than 2 years.

Reference the State Bank announced the gold auction tomorrow is 37.7 million / tael. However, this is only the cost to the deposit value.

It is unclear when the credit institution shall finalize completion status of the State Bank to continue bidding or not gold. Also, it is not clear disparity domestic price and world events will happen after 30/6.

Some traders said gold, gold price difference will decrease after that time, but will not decrease as much as people expect. If you look at the world price, the sale price of SJC gold at the upper end 32 million / tael.