Gold price today (May 22): Reverses course and rises sharply.

Today, May 22nd, gold prices in Vietnam saw a sharp increase in both SJC gold and gold rings. Meanwhile, world gold prices continued to remain above $4,500 per ounce.

Báo Dân Việt•21/05/2026

Gold prices rose sharply today, May 22nd.

Gold prices today, May 22nd, surged again in the early morning after yesterday's sharp decline, with SJC gold bars and rings rising sharply. Specifically, the selling price of SJC gold bars increased by 400,000 - 900,000 VND/ounce compared to yesterday morning, reaching 162.4 million VND/ounce.

For gold rings, several major brands, including Bao Tin Manh Hai, Bao Tin Minh Chau, and Doji , also simultaneously increased sharply by 400,000 - 900,000 VND/ounce compared to yesterday morning, reaching a selling price of 162.4 million VND/ounce.

Experts believe that domestic gold prices will continue to closely follow developments in the global market. It is predicted that today's gold price may remain stable at its current level as the global gold price remains firmly above $4,500 per ounce.

Gold prices today, May 22nd, saw a sharp increase in the early morning hours, with both SJC gold bars and gold rings rising sharply.

As of 6:30 AM on May 22nd, at Bao Tin Manh Hai, the price of SJC gold bars was trading at 159.4 - 162.4 million VND/ounce (buy - sell), a sharp increase of 400,000 VND/ounce in both buying and selling prices compared to the same time yesterday. The buy-sell spread was 3 million VND/ounce.

The price of SJC gold bars at Doji Group in Hanoi and Ho Chi Minh City is trading around 159.4 - 162.4 million VND/ounce (buy - sell), a sharp increase of 900,000 VND/ounce in both buying and selling prices compared to the same time yesterday. The buy-sell spread is 3 million VND/ounce.

At Bao Tin Minh Chau, SJC gold is trading at 159.4 - 162.4 million VND/ounce (buy - sell), a sharp increase of 400,000 VND/ounce in both buying and selling prices compared to the same time yesterday. The difference between the buying and selling prices is 3 million VND/ounce.

SJC gold bars at Phu Quy are trading around 159.4 - 162.4 million VND/ounce (buy - sell), a sharp increase of 900,000 VND/ounce in both buying and selling prices compared to the same time yesterday. The buy-sell spread is 3 million VND/ounce.

Additionally, the price of SJC gold at Phu Nhuan Jewelry (PNJ) is trading at 159.4 - 162.4 million VND/ounce (buy - sell); the price of SJC gold bars in Hanoi at Asean Jewelry is trading at 159.4 - 162.4 million VND/ounce (buy - sell);...

For gold rings, the price of round gold rings in blister packaging at Bao Tin Manh Hai is trading around 159.4 - 162.4 million VND/ounce, a sharp increase of 400,000 VND/ounce in both buying and selling prices compared to the same time yesterday. The buy-sell spread is 3 million VND/ounce.

The price of plain gold rings at Bao Tin Minh Chau is trading at 159.4 - 162.4 million VND/ounce (buy - sell), a sharp increase of 400,000 VND/ounce in both buying and selling prices compared to the same time yesterday. The difference between the buying and selling price is 3 million VND.

The price of Doji Hung Thinh Vuong 9999 gold rings from Doji Group in Hanoi is trading at 159.4 - 162.4 million VND/ounce, a sharp increase of 900,000 VND/ounce in both buying and selling prices compared to the same time yesterday. The difference between the buying and selling price is 3 million VND.

Today, the price of 999.9 pure gold rings at Phu Quy Company is trading around 159.4 - 162.4 million VND/ounce, a sharp increase of 700,000 VND/ounce in both buying and selling prices compared to the same time yesterday. The buy-sell spread is 3 million VND/ounce.

World gold prices could rise to $8,900 per ounce.

The spot price of gold in the Asian market at 6:30 AM today, May 22nd (Vietnam time), was trading around $4,541 per ounce, down $6 per ounce compared to the same time yesterday.

The spot price of gold in the US market closed early this morning (Vietnam time) at around $4,544 per ounce, the same as the previous day's closing price.

According to Kitco News, after experiencing an unprecedented price surge at the beginning of the year, followed by extreme volatility and now a period of stability, gold is fulfilling its role by continuing to assert its position as an important monetary asset in the global economy.

According to Incrementum AG's annual report "In Gold We Trust," lead authors Ronald-Peter Stöferle and Mark Valek explain that the historic surge in gold prices was not an unusual speculative phenomenon but part of a broader trend of remonetization, driven by geopolitical fragmentation, de-dollarization, inflationary volatility, and increasing distrust in fiat currencies.

"The future of currency lies in its past; gold as a monetary anchor is becoming increasingly important as the post-1971 fiat currency system shows 'clear signs of fatigue'," the authors describe.

The report notes that gold prices reached a record high of $5,595 per ounce in January 2026 after rising 64.4% in 2025 – the strongest annual performance since 1979.

Analysts also note that both gold and the "In Gold We Trust" report have made significant strides over the past 20 years. Despite the metal's strong growth, the authors suggest that the long-term bull market is far from over.

"The golden decade declared in the 2020 In Gold We Trust report is in full swing. Since then, the price of gold has risen 165% in USD terms," the report stated.

Analysts say the market is in the midst of a public participation phase, which they describe as “the longest and most dynamic phase of a bull market.” With a solid long-term foundation, fund managers at Incrementum AG have revised their long-term price outlook.

"Our target of reaching a gold price of $4,800 by 2030, as outlined in our 2020 report, 'In Gold We Trust,' has already been achieved in 2026. Now, we are shifting our attention to a different inflation scenario: a gold price of $8,900 by the end of this decade," the analysts said.

Although the long-term trend for gold is built on solid ground, Incrementum warns investors that the upward path may still be volatile.

"Gold will temporarily calm down in the short term, tend to rise higher in the medium term, and return to a central position in the monetary system in the long term. By early summer, we predict gold prices will fluctuate sideways in the range of $4,500 - $4,950 per ounce," analysts said.

Source: https://danviet.vn/gia-vang-hom-nay-22-5-dao-chieu-tang-manh-d1428612.html