Gold price update at the close of the session on May 27: Plump, losing the 4,500 USD/ounce mark

SJC gold bar price

As of 6:10 PM, SJC gold bar prices were listed by DOJI at the threshold of 157.7-160.7 million VND/tael (buying - selling), down 800,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.

SJC gold bar price was listed by Bao Tin Minh Chau at the threshold of 157.7-160.7 million VND/tael (buying - selling), down 800,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.

Phu Quy Jewelry Group listed SJC gold bar prices at 157.5-160.7 million VND/tael (buying - selling), down 800,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3.2 million VND/tael.

9999 gold ring price

As of 6:10 PM, DOJI listed gold ring prices at the threshold of 157.5-160.5 million VND/tael (buying - selling), down 1 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at the threshold of 157.5-160.5 million VND/tael (buying - selling), down 1 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.

Phu Quy Gold and Gems Group listed the price of gold rings at 157.5-160.5 million VND/tael (buying - selling), down 800,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.

The buying - selling price difference of gold is at a very high level, around 3 million VND/tael, posing a risk of losses for investors.

World gold price

At 6:10 PM, world gold prices were listed around the threshold of 4,450.2 USD/ounce, down 82.7 USD compared to the previous day.

Gold price forecast

World gold prices continue to face downward pressure in the context of investors being cautious about new tense developments in the Middle East. The fact that the US and Iran have not made clear progress in efforts to cool down the conflict makes the market worried that inflationary pressure may extend, thereby further complicating the prospects of interest rate management by the US Federal Reserve (Fed).

According to Mr. Lukman Otunuga - senior analyst at FXTM, gold prices are falling back to near the support zone of 4,450 USD/ounce as expectations for a peace agreement between the US and Iran weaken.

This expert believes that the expectation of the Fed raising interest rates is increasing in the context of conflict pushing up price risks, creating more pressure on precious metals. If more signals show that inflation is rising, the market may increase bets on the possibility of the FED maintaining high interest rates for a longer time, causing gold to face the risk of falling deeper.

Another factor monitored by the market is the US Personal Consumption Price Index (PCE) data. This is an inflation measure prioritized by the FED, which can provide more clues about monetary policy orientation in the coming time. High interest rates are often detrimental to gold because precious metals do not yield yields.

In the latest report, Heraeus experts also noted that the precious metals market is being dominated by rising inflation and expectations of interest rate changes.

The analysis team said that consumer prices and production prices in the US continue to rise, while the PCE index is forecast to remain higher than the Fed's target of 2%. This context reverses market expectations, from the possibility of the Fed cutting interest rates to the scenario of possibly raising interest rates.

In addition, gold demand in India was also affected after the country increased import taxes on gold and silver from 6% to 15%. Heraeus believes that this move has prompted a part of gold bar investors in India to take profits, and may reduce gold imports in the second quarter of 2026.

However, the long-term outlook for gold is not necessarily negative. Commerzbank believes that if US-Iran tensions cool down, gold prices may recover towards the end of the year.

In addition, the gold buying force of central banks is still an important supporting factor, especially in the context of geopolitical instability causing the demand for diversifying reserves to continue to increase.