Infographic: Gold bars and gold rings unexpectedly surge by 2.5 million VND per tael on May 29
Global gold prices on May 29 rose sharply, trading at 4,503 USD per ounce. In the domestic market, SJC gold bars were sold at 160 million VND per tael.
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Global gold prices on May 29 rose sharply, trading at 4,503 USD per ounce. In the domestic market, SJC gold bars were sold at 160 million VND per tael.
World gold prices on May 27 continued to fall, trading around the 4,500 USD/ounce mark amidst concerns about rising inflation, causing central banks to maintain high interest rates. Domestically, gold prices across all brands also decreased, with SJC gold bars buying and selling at 157.7-160.7 million VND/tael.
Domestically, gold prices across major brands remained unchanged on May 22, with SJC gold bar traded at 159.4 million VND per tael for buying and 162.4 million VND per tael for selling.
Global gold prices cooled down on May 19, trading at 4,538.6 USD per ounce. In the domestic market, SJC gold bars dropped by 300,000 VND per tael, listed at 163.5 million VND per tael.
Global gold prices fell sharply to 4,613 USD per ounce on May 15 amid rising US Treasury yields and a stronger US dollar. In the domestic market, gold prices followed the global downward trend, with SJC gold bars dropping by 1 million VND to 164 million VND per tael.
Global gold prices fell sharply on May 14, trading at 4,676.4 USD per ounce. In the domestic market, SJC gold bars and SJC gold rings remained at high levels, listed at 165 million VND per tael and 164.8 million VND per tael, respectively.
World gold prices on May 12 continued their upward trend thanks to strong buying from central banks and the trend of diversifying foreign exchange reserves, trading at 4,729.2 USD/ounce. Domestically, the price of SJC gold bars and gold rings reversed course and increased by 1.8 million VND per tael, listed at 167 million VND/tael and 166.5 million VND/tael respectively.
World gold prices on May 9 continued to rise amidst a decline in the US dollar and US bond yields, trading at 4,713.7 USD per ounce. Domestically, the prices of SJC gold bars and rings remained high, listed at 167.5 million VND/tael and 167 million VND/tael respectively. Doji gold rings also remained at 167.5 million VND/tael.
Global gold prices on May 6 rebounded strongly after a steep decline in the previous session, trading at 4,700 USD per ounce. In the domestic market, SJC gold bars were listed at 163 million VND per tael for buying and 166 million VND per tael for selling, up 1 million VND per tael on both sides.
Global gold prices on May 4 continued to fall, trading around 4,600 USD per ounce. Domestically, gold prices rose across the board in contrast to global trends, with selling prices of SJC gold bars reaching 166.6 million VND per tael.
Global gold prices continued to fall sharply on April 29, dropping below the threshold of 4,600 USD per ounce. Domestically, prices of SJC gold declined significantly in line with global trends, with selling prices at 166 million VND per tael for gold bars and 165.5 million VND per tael for gold rings.
Global gold prices fell sharply on April 21, trading at 4,789.8 USD per ounce. In Viet Nam, SJC gold bars were priced at 168.7–171.2 million VND per tael (buying–selling), up 400,000 VND per tael on the buying side and down 100,000 VND per tael on the selling side compared to the previous session. Meanwhile, SJC gold rings were traded at 168–171 million VND per tael, rising by 200,000 VND per tael on both sides.
Global gold prices on April 20 declined amid mounting fiscal pressures in many countries as oil prices remain elevated, while the situation in the Middle East continues to be highly unpredictable. Domestically, SJC-branded gold bar prices fell, ending the trading week at 171.3 million VND per tael.
Global gold prices on April 17 fluctuated within a narrow range, slightly increasing to 4,800.2 USD per ounce. Domestically, gold prices of major brands declined slightly, SJC gold bars were sold at 171 million VND per tael.
Global gold prices on April 15 recorded their sharpest increase since the beginning of April, reaching 4,843 USD per ounce. Domestically, gold prices across brands also rose sharply in line with global trends, with SJC gold bars selling at 174.5 million VND per tael.
In the domestic market, SJC-branded gold bars and rings both rebounded sharply, quoted at 173 million VND per tael and 172.7 million VND per tael, respectively.
Global gold prices on April 11 continued to decline slightly amid pressure from a sharp rise in energy prices and geopolitical uncertainty, trading at around 4,748 USD per ounce. In the domestic market, SJC gold bar and ring prices both fell by 300,000 VND per tael, quoted at 172.4 million VND per tael and 172.1 million VND per tael, respectively.
Global gold prices on April 9 edged down slightly, trading at 4,717.7 USD per ounce. In the domestic market, SJC gold bar and gold ring prices dropped by 3.5 million VND per tael, listed at 171.5 million VND per tael and 171 million VND per tael, respectively.
Global gold prices on the afternoon of April 6 edged down to 4,699 USD per ounce, but still posted a second consecutive week of recovery. Meanwhile, domestic gold prices also fell sharply across the board. SJC gold bars were sold at 173.1 million VND per tael, down 1.4 million VND compared with the close of the previous weekend’s final session.
Domestic gold prices moved within a narrow range, with SJC gold bars listed at 171.5–174.5 million VND per tael and gold rings at 171.3–174.3 million VND per tael (buying – selling), both up 500,000 VND on the buying side and unchanged on the selling side compared to the previous session. Meanwhile, global gold prices stood at around 4,676.1 USD per ounce.