On the afternoon of October 17, at the regular press conference for the third quarter of 2024, Mr. Dao Xuan Tuan - Director of the Foreign Exchange Management Department said that, following the direction of the Prime Minister, the State Bank of Vietnam (SBV) intervened in the gold market, and as a result, the gap between domestic and world gold prices has narrowed.
However, these interventions are only temporary solutions. In the coming time, the State Bank will continue to research and submit to the Government more fundamental solutions.
Regarding the inspection of 2 credit institutions and 4 gold trading units, Mr. Tuan said that the inspection was conducted by an interdisciplinary inspection team. However, the inspection results are in the process of being concluded. Currently, the State Bank has not yet received information on the results.
Recently, as Lao Dong reported, people have reported that it is very difficult to buy gold through commercial banks that sell gold. Even at other gold shops, buying gold is "as difficult as reaching the sky".
Buying gold rings is also limited, if you want to buy you have to queue and get a ticket.
Today, the domestic gold ring price is listed by brands at over 84 million VND/tael. Some brands list the selling price of gold rings at 84.45 million VND/tael.
The listed price of gold bars is 86 million VND/tael for sale.
