Central bank moves gold auction to tomorrow
The auction was postponed due to a lack of bidders and escrow deposits.
The auction was postponed due to a lack of bidders and escrow deposits.
Domestic gold prices have surged in recent weeks amid rising geopolitical tensions.
The measures are aimed at ensuring a stable and efficient gold market.
Vietnam has so far been successful in achieving the goal of “degoldizing" the economy.
Authorities must strictly enforce laws against gold smuggling, speculation, manipulation, and exploiting government policies to inflate gold prices, posing risks to market stability and safety.
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