Accordingly, in the early afternoon of May 20, Saigon Jewelry Company SJC listed the price of gold rings at 111 million VND/tael for buying - 114 million VND/tael for selling, down 500 thousand VND/tael in both buying and selling compared to the closing price yesterday.
 |
Gold price today (afternoon of May 20): Gold ring price slightly decreased. Illustration photo: VNA |
Bao Tin Minh Chau Company listed the price of gold rings at 113.8 million VND/tael for buying - 116.8 million VND/tael for selling, down 400 thousand VND/tael in both buying and selling compared to yesterday's closing price.
Saigon Jewelry Company SJC, DOJI Group listed the price of SJC gold bars at 116.8 million VND/tael for buying - 119.3 million VND/tael for selling, keeping the listed price for both buying and selling unchanged compared to yesterday's closing price.
In the world , on the afternoon of May 20, Vietnam time, the listed gold price on Kitco is at 3,214 USD/ounce.
In an analysis on Kitconews, on the technical side, gold bulls’ next upside price objective is to produce a close above solid resistance at $3,350 an ounce, while the next downside price objective is to push futures below solid technical support at the May low of $3,123 an ounce.
Gold prices found technical support at $3,180/ounce and over the last four trading days, both the opening and closing prices have remained above this important technical support level.
Gold could be a good safe haven in the coming months if the US is downgraded, said Bob Haberkorn, senior market strategist at RJO Futures.
Hai Yen
* Please visit the Economics section to see related news and articles.
Source: https://baodaknong.vn/gia-vang-hom-nay-chieu-20-5-gia-vang-nhan-giam-nhe-253107.html
![[Maritime News] Two Evergreen ships in a row: More than 50 containers fell into the sea](https://vphoto.vietnam.vn/thumb/402x226/vietnam/resource/IMAGE/2025/8/4/7c4aab5ced9d4b0e893092ffc2be8327)
Comment (0)