On the morning of May 30, the price of SJC gold bars increased again.

(NLDO) - The price of SJC gold bars and plain gold rings of all kinds increased again following the strong upward trend of world prices.

At 8:30 a.m. on May 30, the price of SJC gold bars listed by SJC, PNJ, and DOJI companies increased again to 116.5 million VND/tael for buying and 119 million VND/tael for selling; an increase of 1 million VND/tael compared to the end of yesterday.

The price of 99.99 gold rings and jewelry gold also recovered to 111 million VND/tael for buying and 114 million VND/tael for selling, up 700,000 VND per tael compared to the end of yesterday.

Domestic gold prices have fluctuated strongly in the past two days, increasing and decreasing by millions of dong each day. Domestic gold prices are being affected by the direction of management agencies related to policies for the gold market and fluctuations from world gold prices. In the international market, today's gold price unexpectedly regained the 3,300 USD/ounce mark, even increasing back to the high mark of previous days.

SJC gold bar price increased again this morning

At 9:00 a.m. Vietnam time, the precious metal on the international market was trading at $3,308/ounce, up a total of about $50/ounce compared to the lowest level in the previous session.

According to analysts, gold prices increased again when the USD weakened and US bond yields fell to 4.42% for the 10-year term. The USD Index (DXY) retreated from the 100-point mark and is currently trading around 99.3 points. These factors created favorable conditions for gold to regain its appeal. Gold prices rose in surprise to investors, when some previously said that the precious metal could fall to the 3,200 USD/ounce mark.

Currently, the world gold price converted according to the listed exchange rate is about 104.3 million VND/tael.

Source: https://nld.com.vn/sang-30-5-gia-vang-mieng-sjc-tang-tro-lai-196250530091751126.htm