On the morning of May 22, the price of SJC gold bars and gold rings continued to increase.

On the morning of May 22, businesses such as SJC, PNJ, and DOJI continued to change their new gold price listings, in an upward direction.

Accordingly, the common buying price of SJC gold bars is 119.3 million VND/tael, selling price is 121.3 million VND/tael, an increase of 300,000 VND/tael compared to the end of yesterday. Compared to yesterday morning, each tael of gold is 2 million VND/tael more expensive.

This is a sharp increase in gold bar prices after several days of stability.

Similarly, the price of 99.99 gold rings and jewelry gold also increased and is commonly traded at 112.5 million VND/tael for buying and 115.5 million VND/tael for selling, an increase of 500,000 VND/tael compared to the end of yesterday.

In the past 24 hours, each tael of plain gold rings increased by more than 1 million VND/tael.

SJC gold bar price jumped in the past 2 days

On the international market, the spot gold price as of this morning, May 21 (Vietnam time) reached 3,339 USD/ounce, an increase of nearly 30 USD/ounce compared to the end of yesterday.

In just one day, each ounce of gold jumped about 100 USD/ounce. Many domestic investors were surprised by the continuous upward momentum of world prices.

Demand for gold as a safe haven is what pushed the precious metal up, pushing it well above the $3,300/ounce mark.

Global investors are worried about the tense geopolitical conflicts in some regions, most recently between Israel and Iran. Strong demand for gold from China and a cooling dollar in the international market also pushed gold prices to new highs.

Currently, the world gold price converted according to the listed exchange rate is about 105.3 million VND/tael.

Source: https://nld.com.vn/sang-22-5-gia-vang-mieng-sjc-vang-nhan-dong-loat-tang-tiep-196250522091756332.htm