The management of the gold bullion market is clear.

This information was given by Deputy Governor of the State Bank Dao Minh Tu at the regular Government press conference, organized by the Government Office on the afternoon of October 26.

Deputy Governor Dao Minh Tu said that after Decree 24/CP was issued, the management of the domestic gold bar market has become very clear, has the right direction and is very beneficial in many aspects for the economy. "Therefore, at this time, we should not let the domestic gold market return to the past, that is, let the market decide for itself" - the Deputy Governor emphasized.

It's not time to give up on the gold bullion market yet.

Previously, Decree 24/2012/ND-CP issued by the Government on April 3, 2012 on Gold Trading Management, which has been implemented by the State Bank in recent times, has had positive effects. At the same time, since the end of March 2013, the State Bank has implemented intervention solutions through the form of auctioning gold bars to increase supply to the market.

Thanks to this solution, the domestic gold bar market has become more stable, and the imbalance between domestic gold supply and demand has also been narrowed.

According to DDDN