On the morning of May 10, the price of SJC gold bars continued to increase.

On the morning of May 10, SJC, PNJ, and DOJI companies continued to list the buying price of SJC gold bars at 120 million VND; selling price at 122 million VND/tael, an increase of 500,000 VND/tael compared to the end of yesterday.

Gold prices increased for the second consecutive day, reaching a total of VND2.5 million/tael and are only about VND2 million/tael away from the peak.

Similarly, the price of 99.99 gold rings and jewelry gold was also raised by businesses to 114.5 million VND/tael for buying and 117 million VND/tael for selling, an increase of 500,000 VND/tael compared to the end of yesterday.

Currently, the price of gold rings is about 5 million VND/tael lower than that of gold bars.

SJC gold bar price continues to increase

Notably, the price of gold bars of other brands, such as Bao Tin Minh Chau's Thang Long Dragon Gold, is sold at VND2 million/tael lower than SJC gold bars, at VND120 million/tael. Even PNJ gold bars are sold at only VND116.6 million/tael.

In the international market, gold prices continue to remain high. At the end of the week, the international gold price today was traded at 3,325 USD/ounce, a sharp increase of about 50 USD/ounce compared to the previous session.

The strong rise in gold prices is attributed by analysts to the increasing interest in this precious metal as geopolitical tensions persist, despite the strong recovery of the USD. Therefore, each time the gold price falls below the $3,300/ounce mark, it immediately stimulates buying pressure from the market, pushing the gold price up again.

SJC gold bar price fluctuates continuously in recent days

Source: https://nld.com.vn/sang-10-5-gia-vang-mieng-sjc-tang-tiep-196250510095803062.htm