On the morning of May 2, the world gold price continued to decline, to 3,232 USD/ounce, 14 USD lower than yesterday. Converted according to Vietcombank exchange rate, the world gold price is equivalent to 102 million VND (excluding taxes and fees).

World gold price continues to decrease on the morning of May 2

Domestically, Mi Hong Company (HCMC) increased the buying price of gold bars to 117 million VND, selling price to 119 million VND, an increase of 500,000 VND compared to the end of yesterday. Bao Tin Minh Chau Company (Hanoi) bought 118 million VND, selling price 121 million VND... Particularly, 4-number 9 gold rings at Bao Tin Minh Chau Company also maintained the buying price of 116.3 million VND, selling price of 119.6 million VND.

Currently, each tael of SJC gold bars at Bao Tin Minh Chau is 19 million VND more expensive than the world price, equal to the record difference at the end of 2023, while gold rings are nearly 18 million VND/tael higher.

World gold prices have cooled down in recent sessions as many reports indicate that tariff negotiations between the US and several countries are progressing. On April 30, US President Donald Trump said that the country has a "possibility" of reaching trade agreements with India, South Korea and Japan. Speaking at a televised town hall on NewsNation, President Donald Trump revealed that although no specific agreements have been finalized, negotiations are progressing positively.

However, President Donald Trump has insisted that he does not want to rush into a deal because the US is benefiting from the current tariff policy and is in a “superior” position in negotiations. In addition, the US President also revealed that Canadian Prime Minister Mark Carney will visit the White House next week as he seeks to reach a trade deal with the US...

Speaking on CNBC, Mr. Bob Haberkorn, senior market strategist at RJO Futures, commented that there were signs of upcoming trade agreements and information from China that the Trump administration had reached out. Risk-on trading took place, leading to some profit-taking in safe-haven assets such as gold./.

According to Thanh Nien Newspaper

Source: https://thanhnien.vn/gia-vang-hom-nay-252025-trong-nuoc-dat-hon-the-gioi-19-trieu-dong-185250502052445092.htm

Source: https://baolongan.vn/gia-vang-hom-nay-02-5-trong-nuoc-dat-hon-the-gioi-19-trieu-dong-a194530.html