http://www.24hgold.com/english/news...10020&redirect=false&contributor=Mark+O'Byrne
"The Vietnamese Central Bank sold another 25,700 taels (37.5 grams, 1.2 troy ounces) at a gold bar auction on Friday in order to try and satiate the massive public demand for gold in Vietnam."
"Today, the premium was close to 5.5 million dong which is the equivalent of a very high premium of $217 per ounce over spot."
"Purchases of physical gold between 2011-2012 accounted for over 3% of GDP."
"The Vietnamese Central Bank sold another 25,700 taels (37.5 grams, 1.2 troy ounces) at a gold bar auction on Friday in order to try and satiate the massive public demand for gold in Vietnam."
"Today, the premium was close to 5.5 million dong which is the equivalent of a very high premium of $217 per ounce over spot."
"Purchases of physical gold between 2011-2012 accounted for over 3% of GDP."