Gold price today 5/19/2025: SJC gold bars increased by 800,000 VND/tael

World gold prices increased sharply at the beginning of the week, leading to an increase in domestic precious metals.

The price of SJC gold bars increased by 800,000 VND per tael, Saigon Jewelry Company - SJC, Phu Quy Company bought at 116.8 million VND, sold at 119.3 million VND. Similarly, the price of gold rings also increased by 500,000 VND per tael, Phu Quy Company bought at 112.3 million VND, sold at 115.3 million VND; SJC Company bought at 112 million VND, sold at 115.1 million VND...

SJC gold bar price increases again

The world gold price increased sharply by 38 USD, to 3,242 USD/ounce, equivalent to 1.1%. However, compared to the all-time high of 3,500 USD/ounce last month, the precious metal has decreased by about 9%.

However, investors sought safe havens after Moody's downgraded the US credit rating from Aaa to Aa1, citing rising interest costs and unsustainable debt growth. At the same time, the agency revised the US outlook from "negative" to "stable".

In addition, tariff fears have returned to the market after US President Donald Trump announced that negotiations with individual countries have been suspended and that the US will announce tariffs on trading partners in the next two to three weeks. US Treasury Secretary Scott Bessent and US Commerce Secretary Howard Lutnick will be responsible for sending letters detailing the new tariffs that will apply to each country.

This week, some US economic information is released such as weekly unemployment claims, S&P global PMI, existing home sales; new home sales...

According to Thanh Xuan (TNO)

Source: https://baogialai.com.vn/gia-vang-hom-nay-1952025-vang-mieng-sjc-tang-800000-dongluong-post323746.html