Tuesday, June 18, 2013

On 18/6, 1 ton of gold bid



► Deadline 30/6 for all credit institutions accounting is approaching gold status ...





 
Deadline 30/6 for all credit institutions accounting is approaching gold status



 
The auction gold 32th will be held on 18/6, with a mass of 1 ton of gold bid. Afternoon 17/6, SJC gold price in the market fell to its lowest level in more than 2 months.


State Bank said gold next auction will be held at the agency on Tuesday at 9am Exchange State Bank. As usual, this version will be offering 26,000 taels of SJC type 1 piece 1, equivalent to 1 ton of gold.


This auction will be the first piece of gold this week and the 32th auction since bidding activities for gold began in the late March.


Reference the State Bank offered to auction on 18/6 is 40.25 million / tael, equal to the purchase price of SJC gold jewelery firms listed on the afternoon of 17/6. However, only the reference price used to calculate the value of the deposit. Floor of how each specific session just been announced as the official start of the session.



In 31 gold auctions were held, except for a few sessions of "dull", most games are sold most or all of the tender gold. In particular, within about 1 month back, selling gold bid "run" than before. In 12 auctions last 4 weeks, most residual volume of only 300 per session.


To date, State Bank has offered to sell 33.6 tonnes of gold and approximately 30.3 tons of gold. Floor that the agency give the most auctions are higher than the market price, but still get the positive response of banks and businesses.


Deadline 30/6 for all credit institutions accounting is approaching gold status. Banks are far more likely to have finished collecting gold to finalize. However, domestic prices remain "tilted" against world price converted approximately 5 million / tael. Before bidding for gold, the price difference was only about 3 million / tael.


Many people, especially people who want to buy gold hoarding, still expect domestic prices will reduce the price gap with the world after 30/6. However, to this point, no one was sure it would come true.


Domestic gold price pm 17/6 lowered by around 100,000 dong / tael compared to the morning. At more than 16 hours, Gold and Silver Corporation DOJI listed SJC Hanoi market at 40.33 million / tael (purchase) and 40.25 million / tael (sold out), lower relative to 80,000 dong / tael and over 100,000 at the open this morning.


The company Saigon Jewelry (SJC) down 90,000 dong / tael in the afternoon and evening sales to buy SJC gold price listed for the City Market. Specifically, gold purchasing in this business are 40.21 million / tael, while the selling price is 40.36 million / tael.

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