Gold price today (May 27): "Plummeting" - Lang Son Newspaper and Radio and Television Station

Gold price today (May 27): In line with developments in the world gold market, both domestic gold bar and gold ring prices today decreased sharply.

Domestic gold price today

Gold price Domestic gold prices have dropped sharply. At the end of May 26, gold brands were buying at VND116.5 million/tael and selling at VND119 million/tael. Phu Quy SJC gold was buying at VND500,000 lower than other brands.

Similarly, the price of gold rings of various brands was also adjusted down sharply. Specifically, the price of SJC 9999 gold rings decreased by 2 million VND for buying and 1.5 million VND for selling, down to 113.5 million VND/tael for buying and 114.5 million VND/tael for selling, respectively.

Domestic gold bar prices drop sharply. Photo: hanoimoi.vn

DOJI in Hanoi and Ho Chi Minh City markets listed the price of gold rings at 112 million VND/tael for buying and 114.5 million VND/tael for selling, down 1.5 million VND in both directions.

The price of Bao Tin Minh Chau brand gold rings is listed at 114.7 million VND/tael for buying and 117.7 million VND/tael for selling, down 800,000 VND in both directions compared to early this morning.

Phu Quy SJC is buying gold rings at 112 million VND/tael and selling at 115 million VND/tael, down 1 million VND in both directions.

PNJ brand gold ring price is listed at 112 million VND/tael for buying and 115 million VND/tael for selling, down 1 million VND in both buying and selling prices.

Domestic gold bar prices updated at 5:30 a.m. on May 27 as follows:

Yellow	Area	Early morning 26-5				Early morning 27-5			Difference
		Buy	Sell			Buy	Sell		Buy	Sell
		Unit of measure: Million VND/tael							Unit of measure: Thousand dong/tael
DOJI	Hanoi	119		121		116.5		119	-2500	-2000
	Ho Chi Minh City	119		121		116.5		119	-2500	-2000
SJC	Ho Chi Minh City	119		121		116.5		119	-2500	-2000
	Hanoi	119		121		116.5		119	-2500	-2000
	Danang	119		121		116.5		119	-2500	-2000
PNJ	Ho Chi Minh City	119		121		116.5		119	-2500	-2000
	Hanoi	119		121	116.5			119	-2500	-2000
Bao Tin Minh Chau	Nationwide	118.5		120.8	116.5			119	-2000	-1800
Phu Quy SJC	Nationwide	118		121	116			119	-2000	-2000

World gold price today

World gold prices fell, with spot gold down $15 to $3,343.9 an ounce. Gold futures last traded at $3,346.1 an ounce, down $19.8 from early this morning.

Gold prices fell slightly in the first trading session of the week due to reduced demand for shelter after US President Donald Trump said he would postpone the deadline for imposing 50% tariffs on goods from Europe to July 9 instead of June 1 as previously warned.

The modest decline was due to President Trump's decision to delay higher tariffs on the EU, according to UBS analyst Giovanni Staunovo.

Last week, gold posted its best week in six, after President Donald Trump renewed his threat to impose tariffs on EU goods and said he was considering a 25% tax on any Apple products sold in the US that are not made in the country.

World gold price remains above 3,300 USD/ounce. Photo: Getty Images

Meanwhile, data showed China's net gold imports doubled in April from March and were the highest since March 2024.

Citi on Sunday raised its zero- to three-month gold price target to $3,500 an ounce from $3,150 an ounce amid U.S. tariffs, geopolitical risks and U.S. budget concerns. The bank expects gold prices to stabilize between $3,100 an ounce and $3,500 an ounce.

With the domestic gold bar price falling sharply and the world gold price listed at Kitco at 3,343.9 USD/ounce (equivalent to about 105.2 million VND/tael converted according to Vietcombank exchange rate, excluding taxes and fees), the difference between the domestic and world gold prices is about 13.8 million VND/tael.

Source: https://baolangson.vn/gia-vang-hom-nay-27-5-lao-doc-5048277.html