Gold price in the world today: In the morning session of May 28, according to Vietnam time, the price of gold today was traded at 1,895 USD/ounce, equivalent to about 52.9 million VND/tael.
It can be seen that the world gold price today suddenly dropped in shock in the context of the USD reversing to increase after a number of US Federal Reserve (Fed) officials announced at the upcoming meeting.
Especially the information that US President Joe Biden is about to propose a 6 trillion USD infrastructure economic development package. This made investors confident about the US economic recovery in the coming time, so they strongly invested in US bonds and stocks.
Accordingly, the US stock market started to “green floor”, leading to the cash flow into the metal market such as gold being scattered, causing the gold price to drop sharply today.
Moreover, when the gold price surpassed 1,900 USD/ounce, some gold investment funds sold out to take profit. This affects the psychology of investors, making them not dare to put capital into gold.
Domestic gold price today: While the world is fluctuating, the domestic gold price today remains the same.
Opening the morning trading session on May 28, the domestic gold bar price was listed by Doji Jewelry Group for Hanoi area at the threshold of 56.10 – 56.48 million VND/tael (buy in – sell out). ).
Saigon Jewelry Company listed SJC gold price applied to Hanoi area at 56.14 – 56.56 million VND/tael (buy in – sell out).
In the Ho Chi Minh City market, the domestic price of gold bars is listed by Doji Jewelry Group at the threshold of 56.13 – 56.48 million VND/tael (buy in – sell out). Saigon Jewelry Company listed the price of SJC gold at 56.14 – 56.57 million VND/tael (buy in – sell out).