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Official: vtv2 trực tiếp bóng đá hôm nay State Bank of Vietnam to auction gold bullion on April 22, 2024?

According to current regulations, what is vtv2 trực tiếp bóng đá hôm nay auctioning of gold bars? And when does vtv2 trực tiếp bóng đá hôm nay State Bank auction gold bars?

Official: State Bank to Auction Gold Bullion on April 22, 2024?

On April 19, at vtv2 trực tiếp bóng đá hôm nay press conference informing vtv2 trực tiếp bóng đá hôm nay results of vtv2 trực tiếp bóng đá hôm nay banking operations for vtv2 trực tiếp bóng đá hôm nay first quarter by vtv2 trực tiếp bóng đá hôm nay State Bank, vtv2 trực tiếp bóng đá hôm nay Deputy Director in charge of vtv2 trực tiếp bóng đá hôm nay Foreign Exchange Management Department (State Bank) stated:On Monday, April 22, vtv2 trực tiếp bóng đá hôm nay State Bank will conduct a gold auction.

This afternoon, April 19, vtv2 trực tiếp bóng đá hôm nay State Bank will announce to 15 qualified gold enterprises vtv2 trực tiếp bóng đá hôm nay details of vtv2 trực tiếp bóng đá hôm nay auction.

Previously, vtv2 trực tiếp bóng đá hôm nay State Bank had completed preparations for vtv2 trực tiếp bóng đá hôm nay gold bullion auction to increase vtv2 trực tiếp bóng đá hôm nay gold supply to vtv2 trực tiếp bóng đá hôm nay market, intervene promptly, address immediately vtv2 trực tiếp bóng đá hôm nay discrepancy between domestic gold bullion prices and international gold prices at high levels, ensuring vtv2 trực tiếp bóng đá hôm nay gold market operates safely, stably, healthily, openly, transparently, and effectively, in accordance with vtv2 trực tiếp bóng đá hôm nay directives of vtv2 trực tiếp bóng đá hôm nay Prime Minister of Vietnam.

vtv2 trực tiếp bóng đá hôm nay State Bank will notify 1 day before vtv2 trực tiếp bóng đá hôm nay auction. After announcing vtv2 trực tiếp bóng đá hôm nay floor price, credit institutions and gold trading enterprises will start to fill out vtv2 trực tiếp bóng đá hôm nay bid forms.

These units will have 30 minutes to decide on vtv2 trực tiếp bóng đá hôm nay volume and purchase price. 1 hour after vtv2 trực tiếp bóng đá hôm nay auction closes, vtv2 trực tiếp bóng đá hôm nay State Bank will announce vtv2 trực tiếp bóng đá hôm nay results.

vtv2 trực tiếp bóng đá hôm nay enterprises are required to place a deposit to participate in vtv2 trực tiếp bóng đá hôm nay auction, no later than 5 PM on vtv2 trực tiếp bóng đá hôm nay auction announcement day.

Currently, there are 26 units, including commercial banks and gold trading enterprises, having established a gold bullion transaction relationship with vtv2 trực tiếp bóng đá hôm nay State Bank.

Among them, as of now, about 15 units are eligible to participate in vtv2 trực tiếp bóng đá hôm nay auction. vtv2 trực tiếp bóng đá hôm nay gold type to be auctioned is SJC gold bullion.

Thus, vtv2 trực tiếp bóng đá hôm nay State Bank will auction gold bullion on Monday, April 22, 2024.

For more information: https://xaydungchinhsach.chinhphu.vn/ngay-22-4-nhnn-dau-thau-vang-mieng-119240419125844884.htm

What is Gold Bullion Auction?

Clause 3, Article 2 of Circular 06/2013/TT-NHNN defines gold bullion auction or buying and selling gold bullion through auction as follows:

Term Explanation

In this Circular, vtv2 trực tiếp bóng đá hôm nay following terms are understood as follows:

  1. “Transaction representative of vtv2 trực tiếp bóng đá hôm nay credit institution or enterprise” is vtv2 trực tiếp bóng đá hôm nay legal representative of vtv2 trực tiếp bóng đá hôm nay credit institution or enterprise in gold bullion transactions with vtv2 trực tiếp bóng đá hôm nay State Bank.

  2. “Direct purchase and sale of gold bullion” is a form of purchase and sale in which vtv2 trực tiếp bóng đá hôm nay State Bank decides and announces vtv2 trực tiếp bóng đá hôm nay price, volume, and partners for gold bullion transactions.

3. “Purchasing and selling gold bullion through auction” is a form of purchase and sale in which vtv2 trực tiếp bóng đá hôm nay State Bank conducts auctions to determine partners, prices, and volumes of gold bullion to be purchased and sold.

  1. “Price auction” is a form of auction in which participants propose bid prices to determine vtv2 trực tiếp bóng đá hôm nay price and volume of gold bullion to be won.

  2. “Volume auction” is a form of auction in which participants register bid volumes to determine vtv2 trực tiếp bóng đá hôm nay winning volume at vtv2 trực tiếp bóng đá hôm nay price announced by vtv2 trực tiếp bóng đá hôm nay State Bank.

  3. “Gold bullion lot” is vtv2 trực tiếp bóng đá hôm nay unit of volume in gold bullion transactions between vtv2 trực tiếp bóng đá hôm nay State Bank and credit institutions or enterprises. vtv2 trực tiếp bóng đá hôm nay volume of a lot is determined and notified by vtv2 trực tiếp bóng đá hôm nay State Bank before vtv2 trực tiếp bóng đá hôm nay transaction time.

Thus, gold bullion auction or buying and selling gold bullion through auction is understood as a form of purchase and sale in which vtv2 trực tiếp bóng đá hôm nay State Bank conducts an auction to determine partners, prices, and volumes of gold bullion to be purchased and sold.

vtv2 trực tiếp bóng đá hôm nay

Official: State Bank to Auction Gold Bullion on April 22, 2024? (Image from vtv2 trực tiếp bóng đá hôm nay Internet)

What are vtv2 trực tiếp bóng đá hôm nay specifics of vtv2 trực tiếp bóng đá hôm nay State Bank's gold bullion purchase and sale plan?

Pursuant to Article 11 of Circular 06/2013/TT-NHNN, some phrases were replaced by point a, clause 7, Article 2 of Circular 12/2023/TT-NHNN, vtv2 trực tiếp bóng đá hôm nay specifics of vtv2 trực tiếp bóng đá hôm nay State Bank's gold bullion purchase and sale plan are as follows:

- vtv2 trực tiếp bóng đá hôm nay Foreign Exchange Management Department takes vtv2 trực tiếp bóng đá hôm nay lead in cooperating with vtv2 trực tiếp bóng đá hôm nay Monetary Policy Department and vtv2 trực tiếp bóng đá hôm nay State Foreign Exchange Reserve Management Department to develop and submit to vtv2 trực tiếp bóng đá hôm nay Chief of vtv2 trực tiếp bóng đá hôm nay Foreign Exchange Reserve Management Committee for approval by vtv2 trực tiếp bóng đá hôm nay Governor vtv2 trực tiếp bóng đá hôm nay plan for buying and selling gold bullion to intervene in vtv2 trực tiếp bóng đá hôm nay gold market at specific times.

- vtv2 trực tiếp bóng đá hôm nay purchase and sale plan include:

+ Intervention time;

+ Type of gold bullion to be bought and sold;

+ Total volume of gold bullion to be intervened; vtv2 trực tiếp bóng đá hôm nay volume of gold bullion per transaction lot; vtv2 trực tiếp bóng đá hôm nay minimum and maximum volume per transaction with a partner; bid price steps, bid volume steps;

+ Form of purchase and sale;

+ Anticipated purchase and sale subjects;

+ Principles for determining vtv2 trực tiếp bóng đá hôm nay purchase and sale prices (for direct purchase and sale); principles for determining vtv2 trực tiếp bóng đá hôm nay bid prices (for volume auctions); principles for determining vtv2 trực tiếp bóng đá hôm nay floor and ceiling prices (for price auctions);

+ Deposit ratios, reference volume, principles for determining vtv2 trực tiếp bóng đá hôm nay reference price;

+ Principles and bases for determining prices and price fluctuation levels to decide to stop purchasing and selling in direct transactions or cancel auctions;

+ Purchasing gold, selling gold on accounts overseas or buying gold overseas for import or selling gold overseas to offset vtv2 trực tiếp bóng đá hôm nay gold volume already purchased or sold in interventions.

- After vtv2 trực tiếp bóng đá hôm nay purchase and sale plan is approved, vtv2 trực tiếp bóng đá hôm nay State Foreign Exchange Reserve Management Department cooperates with relevant departments and units of vtv2 trực tiếp bóng đá hôm nay State Bank to implement it.

Sincerely!

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