SBV Headquarters
In order to continue the effective implementation of the Government’s and the Prime Minister’s directions on addressing the big gap between the price of the SJC-branded gold bullions and the international gold price, the State Bank of Vietnam (SBV) is about to adjust the measure of stabilizing the gold market.
Accordingly, the SBV will terminate the auctions of gold bullions and would substitute an appropriate measure at the earliest possibility. It is scheduled to begin as of June 3, 2024.