The buying and selling prices of the SJC gold were around 34.27-34.78 million VND per tael, lower than on December 30.
To stabilise the domestic gold market, the State Bank of Vietnam (SBV)has strictly implemented Decree 24/2012/ND-CP on gold businessactivities and ended taking deposits or providing loans in gold.
The bank began the first gold bar auction on March 28. By December 31,after 76 auctions, the bank provided a total of 1,819,900 taels of goldto the market, equivalent to 70 tonnes.
The gold price inthe Asian market on December 31 experienced the sharpest fall since 1981as investors injected money into the stock market./.