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At the beginning of the week, gold price "evaporated" 1 million VND/tael

On the morning of May 12, domestic gold prices decreased by 1 million VND/tael, down to 121 million VND/tael in the context of a sharp drop in world precious metal prices.

Hà Nội MớiHà Nội Mới12/05/2025

At 8:30, the world gold price decreased by more than 55 USD/ounce, trading at 3,271 USD/ounce.

According to Kitco's survey of gold prices this week with the participation of 15 experts, the number of people predicting prices to increase, decrease and stay the same is 5.

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Gold prices drop sharply. Photo: HT

An online survey of 267 retailers showed that 54% predicted gold prices would increase, 29% saw prices falling, and the rest expected prices to remain stable.

In the domestic market, at the opening, businesses listed the price of SJC gold bars at 119 million VND/tael (buy) - 121 million VND/tael (sell), down 1 million VND/tael compared to the end of last week.

For gold rings, Phu Nhuan Jewelry Joint Stock Company listed the price at 113 million VND/tael (buy) - 115.5 million VND/tael (sell), 1 million VND/tael lower than last weekend each way.

Phu Quy Group also decreased by 1 million VND/tael, down to 114 million VND/tael (buy) - 117 million VND/tael (sell).

Saigon Jewelry Company Limited set the price at 113.5 million VND/tael (buy) - 116.1 million VND/tael (sell) instead of the previous 114.5 million VND/tael (buy) - 117.1 million VND/tael (sell).

The buying-selling price range is set by businesses at 2-3 million VND/tael.

Source: https://hanoimoi.vn/dau-tuan-gia-vang-boc-hoi-1-trieu-dong-luong-701951.html


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