goldpriceupdate

#GOLD
1. DOJI - Updated: 20/5/2026 04:30 - Website time of supply - ▼/▲ Compared to yesterday.
Type Buy Sell
SJC DOJI gold bars in Hanoi 161,000 ▼300K 163,500 ▼300K
SJC DOJI HCM gold bars 161,000 ▼300K 163,500 ▼300K
SJC DOJI gold bars in Da Nang 161,000 ▼300K 163,500 ▼300K
Phuc Long DOJI Hanoi gold bars 161,000 ▼300K 163,500 ▼300K
Phuc Long DOJI HCM gold bars 161,000 ▼300K 163,500 ▼300K
Phuc Long DOJI Da Nang gold bars 161,000 ▼300K 163,500 ▼300K
Prosperity Ring 160,500 ▼300K 163,500 ▼300K

The global commodities market was rocked by a sharp correction in gold prices. According to the latest reports, gold price predictions indicate a drop of 3.5% after macroeconomic data showed inflation soaring to its highest level since 2023.
How can this inflation spike actually pressure gold prices, which have long been known as a *safe haven* asset? Here are the key points:
**1. Pressure from Rising Interest Rates**
Traditionally, gold is seen as a hedge against inflation. However, when inflation spikes too high, Central Banks (like The Fed) tend to take aggressive action by raising or maintaining high interest rates (*higher for longer*). High interest rates boost the appeal of yield-bearing assets (like bonds), thereby dampening the allure of gold, which doesn’t provide interest returns.