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Vietnam central bank to auction 16,800 taels of gold after 11-year hiatus

The State Bank of Vietnam (SBV), the country’s central bank, will auction 16,800 taels of SJC-branded gold bars next week for the first time in 11 years to help bring prices down in a country where the metal is highly favored as a safe haven asset.

Gold auction only considered as short-term measure to stabilize market

Gold auction only considered as short-term measure to stabilize market
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