Domestic gold bar prices today
SJC and PNJ both listed the price of gold bars at 159 million VND/ounce for buying (down 2 million VND/ounce) and 162 million VND/ounce for selling (down 1.5 million VND/ounce).
Bao Tin Manh Hai listed the price of gold bars at 159 - 162 million VND/ounce for buying and selling, a decrease of 2.3 million VND/ounce for buying and 1.8 million VND/ounce for selling compared to yesterday morning.
DOJI listed the price of gold bars at 158.5 million VND/ounce for buying (down 2.5 million VND/ounce) and 161.5 million VND/ounce for selling (down 2 million VND/ounce).
Phu Quy listed the price of SJC gold bars at 158.5 - 161.5 million VND/ounce for buying and selling, a decrease of 2 million VND/ounce in both directions compared to yesterday morning.
The price of gold bars in Vietnam, updated this morning, May 21st, is as follows:
Gold bars | Morning of May 20th | Morning of May 21st | Difference | ||||||
Buy | Sell | Buy | Sell | Buy | Sell | ||||
Unit of measurement: million VND/ounce | Unit of measurement: Thousand dong/ounce | ||||||||
SJC | 161 | 163.5 | 159 | 162 | -2,000 | -1,500 | |||
Bao Tin Manh Hai | 161.3 | 163.8 | 159 | 162 | -2,300 | -1,800 | |||
PNJ | 161 | 163.5 | 159 | 162 | -2,000 | -1,500 | |||
DOJI | 161 | 163.5 | 158.5 | 161.5 | -2,500 | -2,000 | |||
Phu Quy SJC | 160.5 | 163.5 | 158.5 | 161.5 | -2,000 | -2,000 | |||
Domestic gold ring prices today
Following the trend of gold bars, the price of gold rings also dropped sharply today across all brands.
Specifically, SJC gold rings are trading at 158 - 161 million VND/ounce (buying price - selling price), a decrease of 2.3 million VND/ounce in both directions compared to yesterday morning.
Bao Tin Manh Hai is buying 999.9 gold rings at 157.5 million VND/ounce, down 1.5 million VND/ounce compared to yesterday morning.
PNJ gold rings are trading at 159 million VND/ounce for buying (down 2 million VND/ounce) and 162 million VND/ounce for selling (down 1.5 million VND/ounce).
DOJI and Phu Quy gold rings are trading at 158.5 - 161.5 million VND/ounce for buying and selling, a decrease of 2 million VND/ounce in both directions compared to yesterday morning.
Today's world gold price
World gold prices reversed course and rose slightly this morning, trading at $4,545 per ounce. Converted using the Vietcombank exchange rate, excluding taxes and fees, the world gold price is equivalent to approximately 145.1 million VND per tael, which is about 16.9 million VND per tael lower than the domestic gold price.
Spot gold prices rose sharply after the close of trading on Wednesday, driven by falling oil prices following talks between the US and Iran and signs that oil tanker traffic through the Strait of Hormuz has resumed.
Currently, the upward trend is positive for gold due to lower bond yields and reduced inflationary pressure, but with less support from its safe-haven asset perspective. In other markets, the most noticeable developments are falling crude oil prices, declining Treasury yields, a weaker US dollar, and increased risk appetite.
Gold prices may be stuck in a consolidation phase after the sharp rally earlier this year, but a Canadian investment firm still sees the precious metal as structurally bullish, even as it has shifted to a tactically neutral stance in the short term.
Speaking to Kitco News, Richard Laterman, portfolio manager at ReSolve Asset Management, said the current correction in gold prices should not surprise investors. “We remain strategically and structurally optimistic,” Laterman said.
The recent stabilization of gold prices has not weakened the prospect of higher gold prices in the medium term, and as long as central banks do not raise interest rates and passive capital flows do not collapse, gold prices will rebound to $5,400 per ounce within a year, according to Kiran Kowshik, Global Foreign Exchange Strategist at Lombard Odier.
Kowshik noted: “As a non-yielding asset, gold performs best when real yields fall and the US dollar depreciates. However, energy supply shocks can have the opposite effect, leading the market to price in expectations of higher central bank interest rates, higher yields, and a stronger US dollar. Therefore, it is not surprising that gold shows a strong inverse relationship with rising energy prices. If conflict in the Middle East de-escalates and energy prices fall, consistent with our baseline scenario, gold prices could recover, supported by the normalization of previously high investment positions.”
However, Kowshik cautioned that the conflict in the Middle East is not the only factor impacting gold prices, and the broader macroeconomic environment remains strongly supportive, as it was before the conflict in Iran. “The medium-term outlook also depends on whether demand and the underlying geopolitical and macroeconomic environment change,” he said. “We don’t see any change here and therefore remain optimistic about gold, maintaining our 12-month price target of $5,400/ounce and a higher-than-average allocation in our portfolio.”
Today's silver price
Today's silver price at Phu Quy Gold, Silver and Gemstone Group is listed at 2.858 million VND/ounce (buying price) and 2.946 million VND/ounce (selling price) in Hanoi.
Additionally, according to surveys at other trading locations in Hanoi, the domestic silver price is currently listed at 2.444 million VND/ounce (buying price) and 2.474 million VND/ounce (selling price).
In Ho Chi Minh City, the current price of silver is 2.446 million VND/ounce (buying price) and 2.480 million VND/ounce (selling price).
The current world price of silver is 2.001 million VND/ounce (buying price) and 2.006 million VND/ounce (selling price).
On the world market, the price of silver is quoted at $74.06 per ounce.
Source: https://baolangson.vn/gia-vang-hom-nay-21-5-sut-giam-manh-5092584.html
![[Photo] General Secretary and President To Lam presides over the meeting to approve the draft report on the results of the second inspection by the Politburo of the Standing Committee of the Hanoi City Party Committee.](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2026/05/26/1779789811432_a2-bnd-4430-9620-jpg.webp)
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