Latest gold price today on May 29: In the trading session on May 29, the world gold price traded at 1,904 USD/ounce in the last session of the week, up 8 USD/ounce compared to the same period in the previous session.
It can be seen that the gold price today rebounded in the context that the US announced inflation in February 2021 with the rate of 3.1%, 0.2 percentage points higher than the forecast of 2.9%. It can be seen that financial investors strongly sold USD, causing the “greenback” to decrease deeply compared to many other currencies, making the money flow into the gold market to increase, boosting the gold price.
According to Edward Meir, an analyst at investment brokerage firm ED&F Man Capital Markets, gold prices in the near future are likely to consolidate around the $1,900 mark per ounce. If in the coming time, the data shows that the inflation situation in the US is escalating more strongly, the market is unlikely to have another fluctuation.
Domestic gold price today: In the last trading session of the week listed by Doji Jewelry Group at 56.3 – 56.7 million VND/tael (buy in – sell out), compared to yesterday’s session, it increased by 50,000 VND in the afternoon. to enter.
Saigon Jewelry Company listed SJC gold price at 56.34 – 56.82 million VND/tael (buy in – sell out) in Hanoi area. Meanwhile in Ho Chi Minh City, it was traded at the threshold of 56.34 – 56.80 million VND/tael (buy in – sell out).