On the morning of May 21, the price of SJC gold bars and gold rings increased again.

On the morning of May 21, SJC gold bar prices were listed by businesses such as SJC, PNJ, and DOJI at 118 million VND/tael for buying and 120.5 million VND/tael for selling – an increase of 1.2 million VND/tael compared to yesterday.

Meanwhile, the price of 99.99% gold rings and jewelry gold only increased slightly by VND500,000 to VND112 million/tael for buying and VND115 million/tael for selling.

The price of gold bars increased more strongly than that of gold rings, widening the gap to 5.5 million VND/tael.

Domestic gold price increases again

Domestic gold prices increased following the positive upward trend of world gold prices. According to records, the spot gold price on the world market on the morning of May 21 reached 3,295 USD/ounce, the highest in the past week.

The price of precious metals on the international market rebounded as investors' demand for gold as a safe haven increased amid concerns about global finance and trade. The USD index (DXY) cooled down, falling below the 100-point mark, also helping gold prices rise again. The DXY index is currently at 99.88 points, down 0.24% compared to the previous session.

Currently, the world gold price converted according to the listed exchange rate is about 103.8 million VND/tael.

Source: https://nld.com.vn/sang-21-5-gia-vang-mieng-sjc-vang-nhan-tang-tro-lai-196250521091519265.htm