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Gold price today May 21: Continues to plummet, what should investors do?

(Baohatinh.vn) - Gold price today, May 21, 2025, decreased sharply. SJC, PNJ, DOJI all listed low. World gold price decreased to 3,277.20 USD/ounce due to USD recovery, hope of Russia-Ukraine ceasefire.

Báo Hà TĩnhBáo Hà Tĩnh21/05/2025

Gold price today 5/21

Gold price today, May 21, 2025, recorded a significant decrease in the market context. At the time of Ha Tinh Newspaper's survey at 4:30 a.m., domestic gold prices fell sharply.

SJC gold bar price listed by DOJI and Saigon - SJC is at 116.8 VND 1 million/tael for buying and VND 119.3 million/tael for selling.

At Mi Hong, SJC gold price is listed at 116.8 million VND/tael for buying and 118.5 million VND/tael for selling.

PNJ listed the price of SJC gold at 111 million VND/tael for buying and 114 million VND/tael for selling.

Bao Tin Minh Chau listed the price of gold rings at 113.8 million VND/tael for buying and 116.8 million VND/tael for selling.

gold-19-5.jpg

SJC GOLD PRICE LIST ON MAY 20, 2025

# Type (thousand VND/tael) Buy Sell
1 Ho Chi Minh 116,800+0 119,300+0
2 North 116,800+0 119,300+0
3 Ha Long 116,800+0 119,300+0
4 Hai Phong 116,800+0 119,300+0
5 Central region 116,800+0 119,300+0
6 Hue 116,800+0 119,300+0
7 Quang Ngai 116,800+0 119,300+0
8 Nha Trang 116,800+0 119,300+0
9 Bien Hoa 116,800+0 119,300+0
10 West 116,800+0 119,300+0
11 Bac Lieu 116,800+0 119,300+0
12 Ca Mau 116,800+0 119,300+0
DOJI domestic gold price
Buy
Sell
AVPL/SJC HN (thousand/tael) 116,800
119,300
AVPL/SJC HCM (thousand/tael) 116,800
119,300
AVPL/SJC DN (thousand/tael) 116,800
119,300
Raw material 9999 - HN(99.9) 10,870
11,150
Raw material 999 - HN(99) 10,860
11,140

World gold price today 5/21

The world gold price, as recorded by Kitco, is at $3,277.20/ounce. The recovery of the US dollar along with optimistic signals about the possibility of a ceasefire between Russia and Ukraine has reduced investment demand for gold.

The US dollar has shown signs of a slight recovery after falling to its lowest level in more than a week in the previous session, making gold, priced in dollars, less attractive to holders of other currencies. Kyle Rodda, a financial markets analyst at Capital.com, said the rapid reaction to the US credit downgrade is fading and there is some hope of a ceasefire between Ukraine and Russia.

Gold is often seen as a safe haven asset during times of geopolitical and economic uncertainty. It has hit multiple record highs this year and is up about 23% year to date. Federal Reserve officials on Monday expressed caution about the impact of recent credit downgrades and volatile markets as they continue to navigate a highly uncertain economic environment.

Source: https://baohatinh.vn/gia-vang-hom-nay-215-tiep-tuc-lao-doc-khong-branh-nha-dau-tu-nen-lam-gi-post288213.html


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