After two consecutive weeks of correction, the domestic precious metals market showed signs of recovery on the morning of May 25th, with both gold and silver rising in price in line with international trends.
On the morning of May 25th, the domestic precious metals market saw a return to positive momentum after several sessions of sharp corrections.
The price of SJC gold bars, as listed by Saigon Jewelry Company (SJC) and many other gold trading businesses, is 159 million VND/ounce for buying and 162 million VND/ounce for selling, an increase of 500,000 VND/ounce compared to the end of last week.
Following the same trend, plain gold rings and 99.99% pure gold jewelry increased by half a million dong per tael, trading around 158.5 million dong/tael for buying and 161.5 million dong/tael for selling. This move helped the domestic gold market end a two-week losing streak.

AI Graphics: V.Vinh
Not only gold, but silver has also become the focus of attention as it continuously sets new high price levels. Ancarat Precious Metals Company currently lists silver bars at 2.93 million VND/ounce for buying and 3.02 million VND/ounce for selling.
Many other major brands such as SACOMBANK-SBJ, Phu Quy, DOJI , and Bao Tin Manh Hai also simultaneously raised the price of silver bars to around 2.94 million VND/ounce for buying and approximately 3.06 million VND/ounce for selling.
In the silver bullion segment, prices continue to climb. Several businesses have announced prices for 1 kg of silver exceeding 80 million VND, with one unit listing it at 81.4 million VND/kg. Compared to the end of last week, the price of silver bars has increased by about 70,000 VND/ounce, while the price of silver bullion has increased by nearly 3 million VND/kg.

Gold prices rose at the start of the week. Photo: Tan Thanh
Domestic developments reflect the upward trend of the international market. World gold prices on the morning of May 25th were trading around $4,560 per ounce, an increase of approximately $50 per ounce compared to the previous session. Meanwhile, international silver continued its strong upward trend.
According to analysts, precious metals are being supported by the weakening US dollar and volatility in the energy market. As the greenback depreciates, gold and silver become more attractive to investors holding other currencies, thereby driving prices higher.
Nevertheless, experts believe that the precious metals market will continue to experience significant volatility in the near future as investors closely monitor global macroeconomic developments, particularly the interest rate policy of the US Federal Reserve (Fed), economic growth prospects, and geopolitical factors.
With the current world gold price, converted at the listed exchange rate, each ounce of gold is equivalent to approximately 143 million VND. Thus, the domestic gold price remains nearly 19 million VND/ounce higher than the world price, maintaining a significant gap compared to the international market.

The price of silver bars also exceeded 3 million VND per tael. Photo: Lam Giang

Source: https://nld.com.vn/gia-vang-mieng-sjc-bac-ancarat-phu-quy-cung-tang-196260525094548541.htm







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