Domestic gold prices continued to increase sharply in the morning session of May 10, in which the SJC brand jumped to 90.5 million VND/tael, the highest ever, while gold rings also exceeded 76.5 million VND.

Domestic gold prices continued to increase sharply in the morning session of May 10, in which the SJC brand jumped to 90.5 million VND/tael, the highest ever, while gold rings also exceeded 76.5 million VND.

SJC gold price continued to set a new record in the opening session this morning (May 10), while the USD exchange rate at commercial banks also increased.

At 9:00 a.m., Saigon Jewelry Company listed the price from VND88.20-90.50 million/tael, an increase of VND1 million/tael compared to the previous closing price. Similarly, the price of SJC gold at Vietnam Gold Company also increased by VND1 million/tael, with the buying and selling prices from VND87.70-90.30 million/tael (buying/selling).

In yesterday's session, this brand increased by more than 1 million VND/tael. The difference in buying/selling price was kept by businesses in the range of 2.1-2.3 million VND/tael.

As for Bao Tin Minh Chau Company, opening trading this morning, the company listed the price of plain round gold rings at 75.02-76.52 million VND/tael (buy/sell), an increase of 1 million VND/tael compared to the previous session. In the previous session, this brand added 190,000 VND/tael, maintaining the difference in buying/selling at 1.5 million VND/tael.

In the world, the price of gold increased sharply to 2,353 USD/ounce (up 43 USD/ounce compared to yesterday morning). This price when converted is equivalent to 72.25 million VND/tael.

This morning, the State Bank listed the central exchange rate at 24,271 VND/USD, up 6 VND compared to the previous session. Since the beginning of the week, the central exchange rate has increased by a total of 26 VND.

With a margin of +/-5%, Vietinbank announced the buying price at 25,225 VND/USD and the selling price at 25,485 VND/USD, an increase of 7 VND. Vietcombank, BIDV and Agribank all listed from 25,184-25,484 VND/USD (buying/selling), an increase of 6 VND compared to the previous closing price.