Gold prices today (May 23) dropped sharply. SJC gold bars fell by more than 1 million VND/tael, down to below 90 million VND/tael. Gold prices in the world also plummeted due to the rapid increase in the USD price.
Specifically, according to records at 1:30 p.m. on May 23, Gold prices on the domestic market are listed specifically as follows:
SJC gold price in Hanoi and Da Nang is 87.8 million VND/tael for buying (down 1.1 million VND/tael) and 89.8 million VND/tael for selling (down 1.1 million VND/tael compared to yesterday).

DOJI gold price in the area Hanoi is currently 87.8 million VND/tael for buying (down 1.1 million VND/tael) and 89.6 million VND/tael for selling (down 900,000 VND/tael compared to yesterday).
Similarly, DOJI gold price in Ho Chi Minh City is also buying at 87.8 million VND/tael (down 1.1 million VND/tael) and selling at 89.6 million VND/tael (down 900,000 VND/tael) compared to yesterday.
PNJ gold price in Ho Chi Minh City is being bought at 75.15 million VND/tael (down 550,000 VND/tael) and sold at 76.8 million VND/tael (down 700,000 VND/tael) compared to yesterday.
PNJ gold in Hanoi is being bought at 75.15 million VND/tael (down 550,000 VND/tael) and sold at 76.8 million VND/tael (down 700,000 VND/tael) compared to yesterday.
Bao Tin Minh Chau SJC gold price is being bought at 87.85 million VND/tael (down 550,000 VND/tael) and sold at 89.50 million VND/tael (down more than 1 million VND/tael) compared to yesterday.
The price of Thang Long Dragon Gold of Bao Tin Minh Chau is being bought at 75.62 million VND/tael and sold at 77.12 million VND/tael (slightly decreased compared to yesterday).
Phu Quy SJC gold price is being bought at 87.8 million VND/tael (down 900,000 VND/tael) and sold at 89.5 million VND/tael (down 1 million VND/tael) compared to yesterday.
The world gold price today fell sharply, down 51 USD/ounce compared to the same time yesterday morning, currently at 2,370 USD/ounce. The reason for the sharp drop in the world gold price is that the USD increased again and the profit-taking pressure was greater than the demand for gold. Selling activities increased after this precious metal could not conquer the threshold of 2,430 USD/ounce. Selling pressure quickly pushed the world gold price below 2,400 USD/ounce.
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