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Gold price this afternoon May 12, 2025: Domestic gold price lost the 121 million mark, world gold price decreased by more than 3%

Gold prices this afternoon, May 12, 2025, plummeted, domestic gold lost the 121 million VND/tael mark, while world gold prices fell more than 3% due to pressure from the global economy.

Báo Quảng NamBáo Quảng Nam12/05/2025

Update gold price this afternoon May 12, 2025 in domestic market

Gold prices today, May 12, 2025, in the domestic market recorded a sharp decline across the board, reflecting investors' cautious sentiment in the face of global economic fluctuations. At the end of the gold price session on May 12, 2025, major brands such as SJC, PNJ, DOJI all witnessed a significant decrease, ranging from 1 million to 2 million VND per tael in both buying and selling, making the market bustling with much attention.

Specifically, in Hanoi , the price of SJC gold decreased by VND2 million in both directions, down to VND118 million/tael when buying and VND120 million/tael when selling. Similarly, DOJI Group also recorded a similar decrease, with the buying price reaching VND118 million/tael and the selling price at VND120 million/tael. In Mi Hong, the gold price decreased slightly, with a decrease of VND1 million, bringing the buying price to VND118.5 million/tael and the selling price remained at VND120 million/tael. Meanwhile, PNJ reported a decrease of VND1.5 million in the buying price of 999.9 gold rings, reaching VND112.5 million/tael, and a decrease of VND1.6 million in the selling price, down to VND115 million/tael.

Other brands are also not out of the downward trend. At Vietinbank Gold, the selling price decreased by VND2 million, to VND120 million/tael, while the buying price was not announced. Bao Tin Minh Chau adjusted the buying price down by VND2 million, to VND118 million/tael, and the selling price down by VND1.5 million, to VND120.5 million/tael. At Phu Quy, the gold price also decreased by VND2 million in both directions, with the buying price at VND117 million/tael and the selling price at VND120 million/tael. At SJC alone, the price of 1 tael, 10 taels and 1kg of gold all decreased by 2 million VND, reaching 118 million VND/tael when buying and 120 million VND/tael when selling, while SJC 99.99% gold ring decreased by 1.5 million VND, down to 113 million VND/tael when buying and 115.5 million VND/tael when selling.

As of 3:00 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 112.5-115.0 million VND/tael (buy - sell); down 2 million VND/tael in both buying and selling directions compared to early this morning. The difference between buying and selling prices is at 2.5 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 115.5-118.5 million VND/tael (buy - sell); down 1.5 million VND/tael in both buying and selling compared to early this morning. The difference between buying and selling prices is 3 million VND/tael.

Gold price this afternoon 5/12/2025 Domestic gold price lost the 121 million mark, world gold price decreased by more than 3
Gold price this afternoon May 12, 2025: Domestic gold price lost the 121 million mark, world gold price decreased by more than 3%

Overall, today's gold price on May 12, 2025 showed a volatile trading day with a dominant downtrend. Investors need to closely monitor macroeconomic factors, especially interest rate policy and USD fluctuations, to make appropriate decisions in the coming time.

Gold price list this afternoon May 12, 2025 in the country in detail:

Gold price today
BuySell
SJC in Hanoi 118.0 ▼2000K 120.0 ▼2000K
DOJI Group 118.0 ▼2000K 120.0 ▼2000K
Red Eyelashes 118.5 ▼1000K 120.0 ▼1000K
PNJ 112.5 ▼1500K 115.0 ▼1600K
Vietinbank Gold 120.0 ▼2000K
Bao Tin Minh Chau 118.0 ▼2000K 120.5 ▼1500K
Phu Quy 117.0 ▼2000K 120.0 ▼2000K
1. DOJI - Updated: 12/5/2025 15:00 - Source website time - ▼/▲ Compared to yesterday.
Type Buy Sell
AVPL/SJC HN 118,000
▼2000K
120,000
▼2000K
AVPL/SJC HCM 118,000
▼2000K
120,000
▼2000K
AVPL/SJC DN 118,000
▼2000K
120,000
▼2000K
Raw material 9999 - HN 109,700
▼2000K
112,500
▼2000K
Raw material 999 - HN 109,600
▼2000K
112,400
▼2000K
2. PNJ - Updated: May 12, 2025 15:00 - Time of the source website - ▼ Compared to yesterday.
Type Buy Sell
HCMC - PNJ 118,000 ▼2000K 120,000 ▼2000K
HCMC - SJC 118,000 ▼2000K 120,000 ▼2000K
Hanoi - PNJ 118,000 ▼2000K 120,000 ▼2000K
Hanoi - SJC 118,000 ▼2000K 120,000 ▼2000K
Da Nang - PNJ 118,000 ▼2000K 120,000 ▼2000K
Da Nang - SJC 118,000 ▼2000K 120,000 ▼2000K
Western Region - PNJ 118,000 ▼2000K 120,000 ▼2000K
Western Region - SJC 118,000 ▼2000K 120,000 ▼2000K
Jewelry gold price - PNJ 999.9 Plain Ring 112,500 ▼1500K 115,000 ▼1600K
Jewelry gold price - Jewelry gold 999.9 112,500 ▼1500K 115,000 ▼1600K
Jewelry gold price - Jewelry gold 999 112,500 ▼1500K 115,000 ▼1600K
Jewelry gold price - Phuc Loc Tai 9999 gold 112,500 ▼1500K 115,000 ▼1600K
Jewelry gold price - PNJ jewelry gold - Hoa Ward 112,500 ▼1500K 115,000 ▼1600K
Jewelry gold price - 9999 PNJ Jewelry Gold 113,000 ▼1700K 114,800 ▼1700K
Jewelry gold price - PNJ 24K Jewelry Gold 112,890 ▼1690K 114,690 ▼1690K
Jewelry gold price - Jewelry gold 99 111,250 ▼1690K 113,750 ▼1690K
Jewelry gold price - 916 gold (22K) 102,760 ▼1550K 105,260 ▼1550K
Jewelry gold price - 750 gold (18K) 78,750 ▼1280K 86,250 ▼1280K
Jewelry gold price - 680 gold (16.3K) 70,710 ▼1160K 78,210 ▼1160K
Jewelry gold price - 650 gold (15.6K) 67,270 ▼1110K 74,770 ▼1110K
Jewelry gold price - 610 gold (14.6K) 62,680 ▼1040K 70,180 ▼1040K
Jewelry gold price - 585 gold (14K) 59,810 ▼990K 67,310 ▼990K
Jewelry gold price - 416 gold (10K) 40,410 ▼700K 47,910 ▼700K
Jewelry gold price - 375 gold (9K) 35,700 ▼640K 43,200 ▼640K
Jewelry gold price - 333 gold (8K) 30,530 ▼570K 38,030 ▼570K
3. SJC - Updated: 12/5/2025 15:00 - Time of the source website - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG 118,000
▼2000K
120,000
▼2000K
SJC gold 5 chi 118,000
▼2000K
120,000
▼2000K
SJC gold 0.5 chi, 1 chi, 2 chi 118,000
▼2000K
120,000
▼2000K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi 113,000
▼1500K
115,500
▼1500K
SJC 99.99% gold ring 0.5 chi, 0.3 chi 113,000
▼1500K
115,600
▼1500K
Jewelry 99.99% 113,000
▼1500K
114,900
▼1500K
Jewelry 99% 109,262
▼1485K
114,762
▼1485K
Jewelry 68% 71,789
▼1020K
78,289
▼1020K
Jewelry 41.7% 41,568
▼625K
48,068
▼625K

Update gold price this afternoon 5/12/2025 in the world

At the time of trading at 3:00 p.m. on May 12, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,221.7 USD/ounce. Converted according to the USD exchange rate on the free market (26,140 VND/USD), the world gold price is equivalent to about 101.93 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (118.0-120.0 million VND/tael), the SJC gold price is currently about 18.07 million higher than the international gold price.

Gold prices this afternoon, May 12, 2025, on the world market fell sharply due to positive signals from trade negotiations between the US and China. When the two countries reached a preliminary agreement, concerns about trade wars and global economic recession eased. This caused investors to shift from gold, which is considered a safe asset, to riskier investment channels such as stocks. As a result, spot gold prices fell 1.4% to $3,277.84 per ounce, while US gold futures lost nearly 2% to $3,279.20 per ounce.

Another reason for the decline in gold prices this afternoon, May 12, 2025, is the strengthening of the US dollar. When the US and China announced progress in negotiations, the dollar became more attractive, reducing the appeal of gold. Gold usually loses value when the dollar strengthens because it is priced in this currency on the international market. In addition, market sentiment also changed as investors became less worried about economic and political risks, reducing the demand for gold as a safe haven.

In the coming time, the price of gold this afternoon, May 12, 2025, may continue to decrease, even to $3,200 per ounce. Experts say that if the dollar continues to increase in value and geopolitical tensions do not increase, gold will find it difficult to maintain its attractiveness. Moreover, investors are waiting for new economic data from the US, specifically the consumer price index, to predict the interest rate policy of the Federal Reserve (Fed). If the Fed keeps interest rates high or increases interest rates, gold will be under more pressure because it does not yield like other assets.

While gold prices fell, other precious metals such as silver, platinum and palladium rose slightly. This shows that the precious metals market is still subject to uneven fluctuations, depending on investor sentiment and global economic factors. However, with gold, the short-term downtrend is what many are watching, especially as trade negotiations continue to provide hope.

Source: https://baoquangnam.vn/gia-vang-chieu-nay-12-5-2025-gia-vang-trong-nuoc-mat-moc-121-trieu-vang-the-gioi-giam-hon-3-3154588.html


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