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Eight bidders win May 14 gold auction


Eight bidders bought a total of 8,100 taels of SJC-branded gold bullion out of the 16,800 that the State Bank of Vietnam (SBV) offered for sale at the auction held on May 14 morning. The central bank said that the highest winning price was 87.73 million VND (over 3,400 USD) and the lowest, 87.72 million VND per tael. Earlier, it announced the fifth auction of SJC gold bullions, with bidding condition changes compared to the latest session.

Source: Vietnam News Agency

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