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Central bank stops gold auction

Central bank stops gold auction

As a long-term solution, experts urged the State Bank of Vietnam (SBV) to consider revising Decree 24 on gold market management and ending the monopoly on SJC gold bars.

Vietnam c.bank to continue auctioning gold

Vietnam c.bank to continue auctioning gold

The authorities would continue to inspect, monitor, and deal with gold smuggling, speculation, or the exploitation of hoarding policies to drive up prices and cause market instability.