Update gold price this afternoon May 16, 2025 in domestic market
At the time of the survey at 3:30 p.m. on May 16, 2025, domestic gold prices recorded a strong upward trend at most major brands. The listed prices were adjusted to increase from several hundred thousand to more than one million VND/tael, especially in gold rings and jewelry lines. Specifically:
In Hanoi , SJC gold price is listed at 115.7 million VND/tael (buy) and 118.7 million VND/tael (sell), up 200,000 VND/tael and 500,000 VND/tael respectively compared to yesterday.
In Ho Chi Minh City and Da Nang , the price is similar with buying price at 115.7 million VND/tael and selling price at 118.7 million VND/tael, the same increase as in Hanoi.
The price of SJC gold bars at DOJI was traded at 115.7 million VND/tael (buy) and 118.2 million VND/tael (sell), an increase of 200 thousand VND/tael in both directions compared to yesterday.
At Mi Hong, SJC gold price is listed at 116 million VND/tael (buy) and 118.5 million VND/tael (sell), up 500 thousand VND/tael and 300 thousand VND/tael respectively.
The price of PNJ 9999 plain gold rings recorded a significant increase, listed at 111.7 million VND/tael (buy) and 114.7 million VND/tael (sell), a sharp increase of 1.2 million VND/tael in both directions compared to yesterday.
24K and 18K gold jewelry lines at PNJ also increased from 700,000 VND/tael to 1.2 million VND/tael, depending on the type.
SJC gold price at Bao Tin Minh Chau is traded at 116 million VND/tael (buy) and 119 million VND/tael (sell), up 500 thousand VND/tael and 800 thousand VND/tael respectively.
SJC gold price in Phu Quy also recorded a sharp increase, listed at 115.5 million VND/tael (buy) and 119 million VND/tael (sell), up 1 million VND/tael and 800 thousand VND/tael respectively.
As of 3:30 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 111.7-114.7 million VND/tael (buy - sell); an increase of 1.2 million VND/tael in both buying and selling directions compared to early this morning. The difference between buying and selling prices is at 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 114.0-117.0 million VND/tael (buy - sell); increased by 500 thousand VND/tael in both buying and selling directions compared to early this morning. The difference between buying and selling prices is at 3 million VND/tael.
The upward trend in gold prices today is driven by fluctuations in the international market and domestic demand. SJC gold bars, gold rings and jewelry all recorded steady increases, especially in major brands such as PNJ and DOJI. With this strong increase, domestic gold prices are approaching new highs, creating attractive opportunities for investors.
Gold price list this afternoon May 16, 2025 in the country in detail:
| Gold price today | ||||
|---|---|---|---|---|
| Buy | Sell | |||
| SJC in Hanoi | 115.7 | ▲200 | 118.7 | ▲500 |
| DOJI Group | 115.7 | ▲200 | 118.2 | ▲200 |
| Red Eyelashes | 116.0 | ▲500 | 118.5 | ▲300 |
| PNJ | 111.7 | ▲1200 | 114.7 | ▲1200 |
| Vietinbank Gold | 118.7 | ▲500 | ||
| Bao Tin Minh Chau | 116.0 | ▲500 | 119.0 | ▲800 |
| Phu Quy | 115.5 | ▲1000 | 119.0 | ▲800 |
| 1. DOJI - Updated: May 16, 2025 15:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 115,700 ▲200 | 118,700 ▲500 |
| AVPL/SJC HCM | 115,700 ▲200 | 118,700 ▲500 |
| AVPL/SJC DN | 115,700 ▲200 | 118,700 ▲500 |
| Raw material 9999 - HN | 108,900 ▲1200 | 112,200 ▲1200 |
| Raw material 999 - HN | 108,800 ▲1200 | 112,100 ▲1200 |
| 2. PNJ - Updated: May 16, 2025 15:30 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| SJC PNJ gold bars | 115,700,000 ▲200K | 118,700,000 ▲500K |
| PNJ 9999 plain gold ring | 111,700,000 ▲1,200K | 114,700,000 ▲1,200K |
| Kim Bao 9999 Gold | 111,700,000 ▲1,200K | 114,700,000 ▲1,200K |
| Gold Phuc Loc Tai 9999 | 111,700,000 ▲1,200K | 114,700,000 ▲1,200K |
| PNJ Gold Bar - Phuong Hoang | 111,700,000 ▲1,200K | 114,700,000 ▲1,200K |
| PNJ 9999 Gold Jewelry | 111,700,000 ▲1,200K | 114,200,000 ▲1,200K |
| PNJ 24K Gold Jewelry | 111,590,000 ▲1,200K | 114,090,000 ▲1,200K |
| 99 gold jewelry | 110,660,000 ▲1,190K | 113,160,000 ▲1,190K |
| 916 Gold (22K) | 102,210,000 ▲1,100K | 104,710,000 ▲1,100K |
| 18K PNJ Gold | 78,300,000 ▲900K | 85,800,000 ▲900K |
| 680 Gold (16.3K) | 70,310,000 ▲820K | 77,810,000 ▲820K |
| 650 Gold (15.6K) | 66,880,000 ▲780K | 74,380,000 ▲780K |
| 610 Gold (14.6K) | 62,310,000 ▲730K | 69,810,000 ▲730K |
| 14K PNJ Gold | 59,460,000 ▲700K | 66,960,000 ▲700K |
| 416 Gold (10K) | 40,160,000 ▲500K | 47,660,000 ▲500K |
| 375 Gold (9K) | 35,480,000 ▲450K | 42,980,000 ▲450K |
| 333 Gold (8K) | 30,340,000 ▲400K | 37,840,000 ▲400K |
| 3. SJC - Updated: May 16, 2025 15:30 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 115,700 ▲200K | 118,700 ▲500K |
| SJC gold 5 chi | 115,700 ▲200K | 118,720 ▲500K |
| SJC gold 0.5 chi, 1 chi, 2 chi | 115,700 ▲200K | 118,730 ▲500K |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 111,700 ▲1200K | 114,700 ▲1200K |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 111,700 ▲1200K | 114,800 ▲1200K |
| Jewelry 99.99% | 111,700 ▲1200K | 114,100 ▲1200K |
| Jewelry 99% | 108,470 ▲1188K | 112,970 ▲1188K |
| Jewelry 68% | 71,245 ▲816K | 77,745 ▲816K |
| Jewelry 41.7% | 41,234 ▲500K | 47,734 ▲500K |
Update gold price this afternoon 5/16/2025 in the world
At the time of trading at 9:37 a.m. on May 16, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,205.6 USD/ounce. Converted according to the USD exchange rate on the free market (26,110 VND/USD), the world gold price is equivalent to about 101.42 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (115.7-118.7 million VND/tael), the SJC gold price is currently about 17.28 million higher than the international gold price.
Gold prices today, May 16, 2025, on the world market are falling, marking the sharpest decline in six months. Spot gold prices fell 0.6% to $3,221.19 per ounce. Since the beginning of the week, gold has lost more than 3% of its value, becoming the worst week since November 2024. The main reason is the strengthening of the US dollar and the easing of concerns about the trade war between the US and China, making gold less attractive as a safe asset.
The US dollar rose 0.2% this week and is on track for a fourth straight week of gains. A stronger dollar makes gold more expensive for buyers using other currencies, reducing the appeal of the precious metal. In addition, trade tensions between the US and China have eased after the two countries agreed to temporarily reduce tariffs imposed on each other in April, making many investors less likely to seek gold as a safe haven.
Despite the fall in gold prices, there are some positive signs. In Asia, physical demand for gold increased as prices fell, stimulating buyers. This suggests that gold is still considered a valuable asset, especially in times of global economic and inflation uncertainty. In addition, gold is often favored when interest rates are low, as it provides protection against economic or political volatility.
However, other factors are also influencing the market. Recent economic data from the US showed that producer prices unexpectedly fell in April, while retail sales growth slowed. US inflation also rose less than expected, giving a sense that the economy is stabilizing. A US Federal Reserve official said that the US economy is solid, with inflation approaching the 2% target. However, trade policies remain a factor that makes economic forecasting difficult, indirectly affecting gold prices.
In summary, gold prices today, May 16, 2025, fell due to a stronger dollar and easing trade concerns. However, gold still attracts some investors because of its role as a safe haven in times of uncertainty. These fluctuations show that the gold market remains sensitive to global economic and political changes.
Source: https://baoquangnam.vn/gia-vang-chieu-nay-16-5-2025-gia-vang-trong-nuoc-va-quoc-te-ha-nhiet-so-voi-sang-nay-3154919.html
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