At the end of the session on May 26 , the price of gold bars at SJC closed at 116.5-119 million VND/tael (buy - sell), down 2.5 million VND/tael in the buy direction and down 2 million VND/tael in the sell direction compared to the closing price of the trading session last weekend.

At the end of the session, the price of SJC 1-5 chi gold rings was listed at 111.5-114.5 million VND/tael (buy - sell), down 2 million VND/tael for buying and down 1.5 million VND/tael for selling compared to the closing price last week.

The price of 9999 gold rings at Doji closed the session at 112-114.5 million VND/tael, down 1.5 million VND/tael in both buying and selling compared to the end of last week.

This afternoon, the world gold price continued to decline. At 3:23 p.m. today (May 26, Vietnam time), the world spot gold price was at 3,335.8 USD/ounce, down 6.6 USD/ounce compared to early this morning.

In the same trend, domestic gold prices this afternoon were also adjusted down.

This afternoon, the price of SJC 9999 gold was adjusted down by 500,000 VND/tael for buying and 1 million VND/tael for selling compared to this morning, down to 116.5-119 million VND/tael (buying - selling).

Domestic gold ring prices this afternoon were also adjusted down by some brands.

Domestic gold ring prices this morning were also adjusted down following the trend of world gold prices.

Buy (VND/tael) Increase/decrease Sell ​​(VND/tael) Increase/decrease
SJC 111,500,000 - 2,000,000 114,5000,000 - 1,500,000
Doji 112,000,000 - 1,500,000 114,500,000 - 1,500,000

                SJC and Doji gold ring price list updated on the afternoon of May 26

Opening the trading session on May 26, the price of SJC 9999 gold decreased by 2 million VND per tael for buying and 1 million VND per tael for selling compared to the closing session last weekend, at 117-120 million VND/tael (buying - selling).

Buy (VND/tael) Increase/decrease Sell ​​(VND/tael) Increase/decrease
SJC HCMC 116,500,000 - 2,500,000 119,000,000 - 2,000,000
Doji Hanoi 116,500,000 - 2,500,000 119,000,000 - 2,000,000
Doji HCMC 116,500,000 - 2,500,000 119,000,000 - 2,000,000

            SJC and Doji gold bar price list updated on the afternoon of May 26

The central exchange rate on May 26 announced by the State Bank was 24,940 VND/USD, down 20 VND compared to the previous trading session. The USD price at commercial banks this morning (May 26) was commonly listed at 25,740 VND/USD (buy) and 26,130 VND/USD (sell).

At 8:53 a.m. today (May 26, Vietnam time), the world spot gold price was at 3,342.4 USD/ounce, down 13.6 USD/ounce compared to the end of last week.

On May 26 , world gold converted to USD bank price was at over 106.3 million VND/tael, including tax and fees, about 13.7 million VND/tael lower than domestic gold price.

At the opening session of last week, SJC's 9999 gold price was listed at 116.8-119.3 million VND/tael (buy - sell). SJC traded gold rings of type 1-5 at only 111.5-114.5 million VND/tael (buy - sell). Doji listed the price of 9999 gold rings at 111.5-114.5 million VND/tael (buy - sell).

After a sharp increase on May 21, domestic gold prices adjusted down in the following sessions. At the end of the week (May 24), the price of gold bars at SJC closed at 119-121 million VND/tael (buy - sell). The price of 1-5 chi gold rings at SJC and 9999 gold rings at Doji were both listed at 113.5-116 million VND/tael (buy - sell).

Weekly, SJC gold bar prices increased by VND2.2 million for buying and VND1.7 million for selling. SJC and Doji 9999 gold rings of 1-5 chi increased by VND2 million for buying and VND1.5 million for selling.

Gold prices on the Kitco floor closed the trading week at $3,356/ounce. Gold futures for June 2025 delivery on the Comex New York floor traded at $3,357/ounce.

The US market is closed on Monday (May 27) for Memorial Day. This week, notable events that will affect gold prices include the April durable goods orders report and the May consumer confidence index, the minutes of the US Federal Reserve's May policy meeting (FOMC), and the US's preliminary first-quarter GDP... Investors will be particularly interested in any signals that the Fed may loosen its stance on the interest rate cut roadmap.

Also released this week is the core personal consumption expenditures (PCE) price index, the Fed's preferred inflation measure and a key factor that could influence expectations for monetary policy in the coming months.

gold and silver, hcmc, T5-2024-11.jpg
Gold prices are expected to increase. Photo: Thach Thao

Daniel Pavilonis, senior commodities broker at RJO Futures, said the market was being hit hard by the uncertainty surrounding global trade issues. The 90-day truce is quickly approaching, but no significant trade deal has been signed yet.

Mr. Pavilonis was referring to former President Donald Trump's latest threat to impose a 50% tariff on goods imported from the EU and a 25% tariff on Apple products made outside the United States.

Pavilonis said uncertainty is pervasive, causing investors to seek gold as a safe haven. As for upcoming economic data, he is not too optimistic about the PCE price index report (due May 31). This time, the PCE will not create a big surprise on inflation or have a strong impact on the market. The core issue at the moment is the stalled trade negotiations and lack of real progress.

Gold Price Forecast

Sentiment in the gold market is turning clearly positive after a week of strong recovery for gold prices, according to a Kitco News survey. Of the 16 analysts who participated in the Wall Street survey, none predicted a decline in gold prices. 81% expected gold prices to continue rising, while 19% said prices would remain flat.

An online survey of Main Street retail investors found that 63% believe gold prices will rise, 21% predict a fall, and 16% think prices will remain flat.

Ole Hansen, head of commodity strategy at Saxo Bank, said that gold prices surpassing $3,355 an ounce could signal the end of the short-term correction. He warned that the bond market may be too bearish.

“The bond market has reached extreme levels of pessimism, which could trigger a flight to risk assets,” said Hansen.

Some experts say bond auctions next week could attract more interest, as investors still favor short-term yields.

Hansen said gold could continue to attract safe-haven demand, especially after US President Donald Trump threatened to raise import tariffs on European goods to 50% from June 1.

Mr. Trump criticized the EU, issued an 'ultimatum' to Apple: Gold prices skyrocketed Gold prices skyrocketed by more than 50 USD/ounce, reaching 3,350 USD/ounce, while the USD plunged 0.6% at the beginning of the trading session on May 23 in New York.

Source: https://vietnamnet.vn/gia-vang-hom-nay-26-5-2025-bat-tang-giua-lan-song-bat-on-toan-cau-2404663.html