Global gold prices continued to decline on May 18, trading at 4,537.2 USD/ounce. In the domestic market, gold prices of most brands remained unchanged, except for Manh Hai Gold, which fell by 1 million VND/tael.

World gold prices continued to fall on May 16 amid rising inflationary pressure and stronger US Treasury yields, trading at 4,538.2 USD/ounce. Domestically, SJC gold bars and SJC gold rings both plunged sharply, listed respectively at 163.5 million VND/tael and 163.3 million VND/tael.

World gold prices on May 13 reversed course and declined, trading at 4,688.2 USD per ounce. Domestically, gold prices also fell in line with global prices, with SJC gold bars decreasing by 500,000 VND to 165 million VND per tael.

Global gold prices on May 8 continued to rise, trading at 4,718.3 USD per ounce as crude oil prices declined, the US dollar weakened and Treasury bond yields fell. Domestically, SJC gold prices were sold at 167.5 million VNDper tael, unchanged compared with yesterday’s closing session.

Global gold prices on April 28 reversed sharply downward, trading at 4,629.8 USD per ounce. Domestically, SJC gold bar and gold ring prices declined in line with global prices, listed at 167.5 million VND per tael and 167 million VND per tael, respectively.