Vietnam allows to import five tonnes of gold: State Bank

HANOI : Vietnam 's central bank said on Tuesday it had allowed domestic companies to import 5 tonnes of gold to help st
09 Aug, 2011

The import would help prevent speculation, the State Bank of Vietnam said in a statement, as gold prices surged to a record 46.22 million dong ($2,249) per tael.

One tael is equivalent to 37.5 grams or 1.21 troy ounce.

 

Copyright Reuters, 2011

 

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