May 18, 2024
Vietnam's central bank to inspect gold trading practices
Vietnam's State Bank is conducting a 45-day audit of gold trading activities of credit institutions and enterprises over the past four years to ensure compliance with laws and regulations. Experts believe that administrative measures, such as market audits and investigations into price manipulation, will have a stabilizing effect on the gold market. The central bank has also held gold bar auctions to increase supply and address the high price gap between domestic and international markets.