Gold prices this afternoon (May 26): Prices for gold rings, gold...

Specifically, today's gold prices in the domestic market are listed as follows:

The price of SJC gold in Hanoi and Da Nang is 117 million VND/ounce for buying (down 2 million VND/ounce) and 120 million VND/ounce for selling (down 1 million VND/ounce).

DOJI gold prices in Hanoi are 117 million VND/ounce for buying (down 2 million VND/ounce) and 120 million VND/ounce for selling (down 1 million VND/ounce).

Similarly, DOJI gold prices in Ho Chi Minh City were traded at 117 million VND/ounce for buying (down 2 million VND/ounce) and 120 million VND/ounce for selling (down 1 million VND/ounce).

Illustration photo: go24h.com.vn

PNJ gold is currently being bought at 112 million VND/ounce and sold at 115 million VND/ounce, a decrease of 1 million VND/ounce in both buying and selling prices.

Similarly, the price of SJC gold bars at Bao Tin Minh Chau Co., Ltd. was traded at 117 million VND/ounce for buying (down 1.5 million VND/ounce) and 120 million VND/ounce for selling (down 800,000 VND/ounce).

Plain gold rings are being traded by businesses at 115.5 million VND/ounce for buying and 118.5 million VND/ounce for selling, the same price as yesterday in both directions.

Phu Quy SJC gold prices decreased by 1.5 million VND/ounce for buying and 1 million VND/ounce for selling, trading at 116.5 million VND/ounce for buying and 120 million VND/ounce for selling.

As a result, the price of gold bars and gold rings in the domestic market fell sharply this afternoon. The decrease ranged from 800,000 VND to 2 million VND per tael across all brands.

At the start of the week, world gold prices were trading around $3,344 per ounce, down $10 per ounce from the closing price of the previous week. This was due to some investors taking profits after the sharp rise in the price of the precious metal last week.

Although gold prices are still consolidating below last month's all-time high, they remain firmly in the upward trend, as investors seek safe-haven assets amid concerns about the reliability of the US dollar and US government bonds.

The US Treasury yield curve is likely to remain a focal point throughout this week. Additionally, the core personal consumption expenditures (PCE) index is also about to be released. This is the Fed's preferred measure of inflation, a key factor that could influence expectations for monetary policy in the coming period.

Analysts also believe that gold continues to assert its role as a global safe-haven asset. However, according to some experts, this also brings short-term risks.

TRUONG AN

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

Source: https://baodaknong.vn/gia-vang-chieu-nay-26-5-gia-vang-nhan-vang-mieng-giam-manh-253671.html