Successfully bid for 13,400 taels of gold, lowest price 88.72 million VND

Successfully bid for 13,400 taels of gold, lowest price 88.72 million VND

On May 23, the State Bank successfully bid for 134 lots equivalent to 13,400 taels of gold with 11 winning bidders.

Accordingly, the highest winning bid price was 88.73 million VND/tael, the lowest winning bid price was 88.72 million VND/tael.

Previously, on the afternoon of May 22, the State Bank announced that it would continue to organize the auction of the total volume of gold bars still expected to be auctioned at 16,800 taels. The deposit rate is 10%. The reference price to calculate the deposit value is 88.9 million VND/tael. The volume of 1 lot is 100 taels.

In this auction, the State Bank said the minimum bidding volume is 5 lots, equivalent to 500 taels. In addition, the maximum bidding volume a member is allowed to place is 40 lots (4,000 taels).

Bid price step 10,000 VND/tael. Bid volume step 1 lot (100 taels). Each bidding member can only register 1 minimum price equal to or higher than the floor price announced by the State Bank.

From April 19, 2024 to present, the State Bank has organized 9 auctions to sell SJC gold bars to increase supply to the market, of which 6 were successful with a total winning volume of 48,500 taels of gold.

In the market this morning, the price of SJC gold at Saigon Jewelry Company fluctuated from 87.80-89.80 million VND/tael, down 1.1 million VND/tael compared to the previous session. Doji Company announced the buying price of SJC gold at 88.0 million VND/tael and the selling price at 89.80 million VND/tael, down 700,000 VND/tael.

On the side of Vietnam Gold Company, the enterprise listed the price of SJC gold from 88.0-90.0 million VND/tael (buy/sell), down 500,000 VND/tael.

This is also a sharp decline in the price of SJC gold in the past week. Yesterday, this brand increased by 200,000 VND/tael, reaching nearly 91 million VND. The difference between buying price and selling price is around 2 million VND/tael.

In the world , the price of gold fluctuated around 2,364 USD/ounce, down about 53 USD compared to the same time last session. This price when converted is equivalent to 72.95 million VND/tael.

TN (according to Vietnam+)

Source: https://baohaiduong.vn/dau-thau-thanh-cong-13-400-luong-vang-gia-thap-nhat-88-72-trieu-dong-382452.html