DOJI Gold in Hanoi and DOJI Gold in Ho Chi Minh City listed the price of SJC gold bars at 159 million VND/ounce for buying (down 2 million VND/ounce) and 162 million VND/ounce for selling (down 1.5 million VND/ounce).

Bao Tin Minh Chau company listed the price of SJC gold bars at 159 - 162 million VND/ounce for buying and selling (a decrease of 1.5 million VND/ounce).

Phu Quy Company listed the price of SJC gold bars at 159 - 162 million VND/ounce for buying and selling (a decrease of 1.5 million VND/ounce).

Manh Hai Gold Trust listed the price of gold bars at 159 - 162 million VND/ounce for buying and selling (a decrease of 1.5 million VND/ounce).

Saigon Jewelry Company (SJC) listed the price of gold bars at 159 million VND/ounce for buying (down 2 million VND/ounce) and 162 million VND/ounce for selling (down 1.5 million VND/ounce).

PNJ Ho Chi Minh City listed the price of SJC gold rings at 159 million VND/ounce for buying (down 2 million VND/ounce) and 162 million VND/ounce for selling (down 1.5 million VND/ounce).

Illustration photo: vov

Bao Tin Manh Hai listed the price of 9999 pure gold rings in blister packaging at 159 - 162 million VND/ounce for buying and selling (a decrease of 1.5 million VND/ounce).

At approximately 6:00 AM on May 20th (Vietnam time), the price of gold on the international market was trading at $4,483 per ounce, a sharp decrease of $87 compared to the highest peak recorded last night of $4,560 per ounce.

Compared to the same time yesterday, the price has dropped by nearly $100.

The sharp decline in gold prices stems from the appreciation of the US dollar and pressure from the bond market. The yield on 10-year US Treasury bonds remained near 4.6%, increasing the opportunity cost of holding gold.

Geopolitical tensions in the Middle East continue to support demand for gold as a safe haven. However, persistent inflation concerns linked to oil supply have somewhat offset this positive impact.

Given the current developments, investors are awaiting further signals from the US Federal Reserve's monetary policy and updates on US-Iran tensions to assess the future trend of gold prices.

    Source: https://www.qdnd.vn/kinh-te/tin-tuc/gia-vang-hom-nay-chieu-20-5-giam-manh-1040442