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Vietnam Allows Banks to Restart Intl Gold Trading Accounts
Oct. 07, 2011 09:45AM PST
Precious Metals Investing
Reuters reported that some Vietnamese banks are being allowed to reopen their gold trading accounts.
Reuters reported that some Vietnamese banks are being allowed to reopen their gold trading accounts.
As quoted in the market news:
The banks can also sell physical gold from their stock and deposits to raise the supply in the domestic market and narrow the premium, the central bank said in a statement late on Thursday, without giving the names of the lenders.