Gold price this afternoon (May 10): Gold ring price, gold...

Specifically, today's gold price on the domestic market is listed as follows:

SJC gold price in Hanoi and Da Nang is currently 120 million VND/tael for buying - 122 million VND/tael for selling, an increase of 500,000 VND/tael for both buying and selling.

DOJI gold price in Hanoi is 120 million VND/tael for buying - 122 million VND/tael for selling, an increase of 500,000 VND/tael for both buying and selling.

Similarly, DOJI gold price in Ho Chi Minh City also increased by 500,000 VND in both directions, trading at: 120 million VND/tael for buying - 122 million VND/tael for selling.

Illustration photo: 24h.com.vn

PNJ gold price is being bought at 114 million VND/tael and sold at 116.6 million VND/tael, unchanged from the closing price of yesterday's trading session in both buying and selling directions.

Similarly, the price of SJC gold bars at Bao Tin Minh Chau Company Limited was traded by the enterprise at 120 million VND/tael for buying - 122 million VND/tael for selling, an increase of 500,000 VND/tael for both buying and selling.

Plain round gold rings are traded by businesses at 117 million VND/tael for buying - 120 million VND/tael for selling, an increase of 500,000 VND/tael for both buying and selling.

Phu Quy SJC gold price increased by 1.3 million VND/tael for both buying and selling, trading at: 119 million VND/tael for buying - 122 million VND/tael for selling.

Thus, the price of gold bars and gold rings in the country increased this afternoon, with the highest increase reaching 1.3 million VND/tael.

World gold prices in the last trading session of the week turned to increase again due to the weakening of the USD. The US Dollar Index decreased, making gold cheaper for holders of other currencies.

Besides, the increase of this precious metal is also driven by safe-haven demand due to concerns about economic instability.

Federal Reserve Governor Michael Barr said that President Trump’s trade policies could increase inflation, reduce growth and increase unemployment by the end of this year. This could continue to create momentum for gold prices in the medium and long term.

Currently, investors are closely monitoring further policy developments to assess the impact on the gold market in the coming time.

TRUONG AN

*Please visit the Economics section to see related news and articles.

Source: https://baodaknong.vn/gia-vang-chieu-nay-10-5-gia-vang-nhan-vang-mieng-tang-cao-tro-lai-252105.html