Gold prices today (May 29): A very sharp increase.

TPO - At 9 am this morning, domestic gold prices reversed course and rose again after a sharp decline the previous day. Accordingly, Saigon Jewelry Company, DOJI Group, Phu Quy, and Bao Tin Minh Chau Co., Ltd. all listed SJC gold bars at 157-160 million VND/ounce for buying and selling, an increase of 2.5 million VND/ounce compared to the beginning of the morning.

The price of gold rings from Bao Tin Minh Chau and DOJI brands also increased similarly, reaching 160 million VND per tael.

Phu Quy and SJC gold rings are priced at 156.8 - 159.8 million VND/ounce; Mi Hong gold rings are priced at 157 - 158.5 million VND/ounce…

Domestic gold prices reversed course and rose in line with world prices. However, domestic gold prices remain approximately 19 million VND/ounce higher than world prices.

Domestic gold prices are constantly adjusted in line with world prices.

Prior to the opening of the trading session, Saigon Jewelry Company, DOJI Group, Phu Quy, and Bao Tin Minh Chau Co., Ltd. all listed the price of SJC gold bars at 154.5 - 157.5 million VND/ounce for buying and selling, a decrease of 1.5 million VND/ounce compared to yesterday morning.

The price of gold rings from various brands has also decreased to match the price of SJC gold bars. Compared to the peak reached in early March, both SJC gold bars and gold rings have fallen by nearly 34 million VND/ounce. Public interest in gold is showing a sharp decline.

In the currency market, the State Bank of Vietnam announced the central exchange rate at 25,137 VND/USD, unchanged from yesterday.

At Vietcombank, the USD exchange rate is listed at 26,113 - 26,393 VND/USD (buy - sell). The free market USD rate is around 26,480 - 26,530 VND/USD.

Source: https://tienphong.vn/gia-vang-hom-nay-295-tang-rat-manh-post1847192.tpo