Gold price this afternoon (May 26): Gold ring price, gold...

According to records, today (May 26), the price of gold in the domestic market decreased sharply. The decrease ranged from 800,000 VND to 2 million VND/tael in all brands.

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

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

DOJI gold price in Hanoi area is 117 million VND/tael for buying (down 2 million VND/tael) - 120 million VND/tael for selling (down 1 million VND/tael).

Similarly, DOJI gold price in Ho Chi Minh City is also traded at 117 million VND/tael for buying (down 2 million VND/tael) - 120 million VND/tael for selling (down 1 million VND/tael).

Illustration photo: go24h.com.vn

PNJ gold price is being bought at 112 million VND/tael and sold at 115 million VND/tael, down 1 million VND/tael 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 117 million VND/tael for buying (down 1.5 million VND/tael) - 120 million VND/tael for selling (down 800,000 VND/tael).

Plain round gold rings are traded by businesses at 115.5 million VND/tael for buying - 118.5 million VND/tael for selling, equal to yesterday's price in both directions.

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

Thus, the price of gold bars and gold rings in the country this afternoon decreased sharply. The decrease ranges from 800,000 VND to 2 million VND/tael in all brands.

At the beginning of the week, the world gold price was listed at around 3,344 USD/ounce, down 10 USD/ounce compared to the closing price of the previous week. The reason was that some investors took profits after the price of precious metals increased sharply last week.

Gold prices are still consolidating below last month’s historic peak but still holding steady, as investors seek safe-haven assets amid concerns about the reliability of the US dollar and US government bonds.

The U.S. Treasury yield curve is likely to remain in focus throughout the week, as is the release of the core personal consumption expenditures (PCE) price index, the Fed’s preferred inflation measure and a key factor that could influence expectations for monetary policy moving forward.

Analysts also said 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

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