Morning of May 21, gold price increased by more than 1 million VND/tael

This development comes from the international market. Early this morning on the international market, the gold price was trading at 3,296 USD/ounce, a sharp increase compared to 3,222 USD/ounce at the same time the previous day amid increased demand for gold.

Gold price increased sharply to 120.5 million VND/tael. Photo: HT

At nearly 9:00 a.m., the precious metal was trading at 3,296.2 USD/ounce, about 16.4 million VND/tael lower than the domestic gold price.

In the domestic market, at the opening, businesses listed SJC gold bars at 118 million VND/tael (buy) - 120.5 million VND/tael (sell), an increase of 1.2 million VND/tael each way compared to the end of May 20.

The price of gold rings also increased, but at a slower rate. Saigon Jewelry Company Limited listed gold rings of type 1-5 at only VND112 million/tael (buy) - VND115 million/tael (sell), VND1 million/tael higher than the end of the previous day.

Phu Nhuan Jewelry Joint Stock Company also increased by 1 million VND/tael each way, to 112 million VND/tael (buy) - 115 million VND/tael (sell).

Phu Quy Group set the price at 112.3 million VND/tael (buy) - 115.3 million VND/tael (sell) instead of 111.5 million VND/tael (buy) - 114.5 million VND/tael (sell) at the end of yesterday.

The buying and selling price range for SJC gold bars is set by the enterprise at 2.5 million VND/tael, and for gold rings at 3 million VND/tael.

Source: https://hanoimoi.vn/sang-21-5-gia-vang-tang-hon-1-trieu-dong-luong-702972.html