Gold price today May 9, 2022: Gold jewelry increased

May 9th, gold price The world corrected down right at the opening of the trading week to 1,879 USD/ounce, down 4 USD/ounce compared to the closing price at the end of last week.

Gold price today on market The international market extended the downtrend of last week, after “evaporating” about 15 USD/ounce in the past week. With the correcting momentum up to the present time, the world gold price has retreated far from the zone of 1,900 USD/ounce.

However, analysts and investors still expect gold prices to recover in the coming days, when the market has significantly reflected the impact of the US Federal Reserve’s (FED) increase in key interest rates. in this year. Gold price is still a safe haven for investment capital in the context of a sharp drop in the stock market in the international market.

Gold price today in the domestic market increased for gold jewelry

In the domestic market, the gold price today continued to remain above 70 million dong/tael despite the significant difference between enterprises.

At the opening of the trading week, SJC gold price was listed by Phu Nhuan Jewelry – Jewelry Company (PNJ) to buy 69.75 million dong/tael and sell 70.45 million dong/tael – stable compared to yesterday . Meanwhile, some other enterprises such as Mi Hong Vang Company listed at a lower level of 69.6 million dong/tael bought in, 70.1 million dong/tael sold.

Gold price today continues to maintain above 70 million dong/tael for SJC gold

In the past week, the world gold price fluctuated strongly in the direction of a deep decrease, but SJC gold price was still anchored above the area of ​​70 million dong/tael.

The price of gold jewelry, 24K gold rings of all kinds was traded in at 54.7 million dong/tael, sold out at 55.7 million dong/tael – an increase of 150,000 dong per tael compared to yesterday.

Currently, the world gold price converted at the listed exchange rate is about 52.3 million VND/tael, nearly 18 million VND/tael lower than the SJC gold price and 3 million VND/tael lower than the jewelry gold price. Thus, gold jewelry price is lower than SJC gold price by over 14 million dong/tael.