Gold price today, May 31: Many uncertainties, gold countercurrent price increases

Khương Duy (T/H) |

Gold prices today, May 31, simultaneously adjusted up in both domestic and international markets. Gold prices are recovering due to global geopolitical uncertainties and pressure from the COVID-19 pandemic.

The domestic gold price today was listed by Doji Jewelry Group at: 48.52 million VND/tael (buy) and 48.72 million VND/tael (sell), an increase of 20,000 VND compared to yesterday.

Saigon Jewelry Company listed the price of SJC gold at 48.52 million VND/tael (buy) and 48.92 million VND/tael (sell) in Hanoi. The price of SJC gold bars in Ho Chi Minh City is listed at 48.9 million VND/tael.

Bao Tin Minh Chau's Rong Thang Long gold brand as of early this morning increased by 100,000 VND/tael for buying and 80,000 VND/tael for selling compared to the end of yesterday, currently standing at 47.78 - 48.36 million VND/tael (buy - sell).

World gold prices closed last week's trading session in the US up 9.7 USD to 1,728.7 USD/ounce. June gold futures on the New York Comex increased by 18.3 USD to 1,731.6 USD/ounce. Gold prices ended May up 3.4%.

Gold prices are recovering due to global geopolitical uncertainties and pressure from the COVID-19 pandemic. US-China tensions have escalated to unprecedented levels after Beijing imposed national security laws on Hong Kong and the US could revoke special treatment for the special zone.

Cameron Alexander, a metal consultant from Refinitiv GMS, said gold is still between two trends. One is the positive economic outlook after many countries eased blockades, and the other is geopolitical tensions related to China and Hong Kong, leading to escalating tensions in US-China relations.

Meanwhile, in the US, many people took to the streets to protest the justice of George Floyd, 46, a black man who was haunted to death by police.

Many people even face armed officers, smashing police cars, patrolling businesses and launching flights at night.

Khương Duy (T/H)
TIN LIÊN QUAN

Gold price today, May 30: Gold increases, buyers still suffer heavy losses after 1 week of buying

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Gold price today, May 30: Gold buyers lost about 330,000 VND/tael even though gold increased by about 50,000 VND compared to the beginning of the week. The difference between buying and selling is too large, leading to many risks for investors, the safe level recommended by experts is below 300,000 VND/tael.

Gold price today, September 29: neo skyrockets, waiting for a spike

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Gold prices today, May 29, simultaneously adjusted up in both domestic and international markets. Basic supporting factors, technical charts show that in the short term, gold has turned to an upward price trend.

Gold price today, May 28: Gold is changing, the future is uncertain

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Gold prices today, May 28, are being strongly affected and the direction is unknown. Domestic business units are gradually shortening the buy-sell gap close to the safe threshold of 300,000 VND/tael.

Cao Bang plans to have 53 communes and 3 wards after the merger

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Hanoi Chairman has new duties

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Early conclusion on the case of production and trading of counterfeit drugs

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The Ministry of Public Security is assigned to focus on speeding up the investigation, promptly reaching a conclusion on the production and trading of fake drugs and fake health protection foods.

Will report to the Politburo about 1 International Financial Center located in 2 cities

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The Permanent Deputy Prime Minister said that the Government will have to report to the Politburo about the location of an international financial center in the two cities.

"Love Vietnam" project: Bringing many unique experiences to tourists

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On the afternoon of April 17, Nhan Dan Newspaper announced the Project "Love Vietnam very much", combining wireless connection technology (NFC) and digital data to spread the love of the country, promote historical, cultural and tourist sites across the country.

Gold price today, May 30: Gold increases, buyers still suffer heavy losses after 1 week of buying

Khương Duy (T/H) |

Gold price today, May 30: Gold buyers lost about 330,000 VND/tael even though gold increased by about 50,000 VND compared to the beginning of the week. The difference between buying and selling is too large, leading to many risks for investors, the safe level recommended by experts is below 300,000 VND/tael.

Gold price today, September 29: neo skyrockets, waiting for a spike

Khương Duy (T/H) |

Gold prices today, May 29, simultaneously adjusted up in both domestic and international markets. Basic supporting factors, technical charts show that in the short term, gold has turned to an upward price trend.

Gold price today, May 28: Gold is changing, the future is uncertain

Khương Duy |

Gold prices today, May 28, are being strongly affected and the direction is unknown. Domestic business units are gradually shortening the buy-sell gap close to the safe threshold of 300,000 VND/tael.