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Gold price this afternoon May 23, 2025: Domestic gold price continues to fall, world gold price recovers

Gold prices this afternoon, May 23, 2025, fell sharply at many major domestic brands, while world gold prices recorded a slight recovery.

Báo Quảng NamBáo Quảng Nam23/05/2025

Update gold price this afternoon 5/23/2025 in domestic market

SJC gold price today 5/23/2025:

At the time of survey at 3:30 p.m. on May 23, 2025, domestic gold prices recorded a widespread downward trend, with sharp declines at many major brands. Specifically:

The price of SJC gold bars in Hanoi was listed at VND118.5 million/tael (buy) and VND120.5 million/tael (sell), remaining unchanged from the previous session.

DOJI Group adjusted the price of gold bars down by 500,000 VND/tael in both directions, currently listed at 118 million VND/tael (buy) and 120 million VND/tael (sell).

At Mi Hong Jewelry Company, gold prices recorded a slight upward trend. The buying price increased by VND800,000/tael, reaching VND119.3 million/tael, while the selling price increased by VND500,000/tael, reaching VND120.5 million/tael.

PNJ Company announced that the price of gold bars decreased by 500 thousand VND/tael for buying, down to 112.5 million VND/tael, while the selling price remained at 115.5 million VND/tael.

In Phu Quy, gold price dropped sharply by 800 thousand VND/tael in both directions, currently trading at 117 million VND/tael (buy) and 120 million VND/tael (sell).

Bao Tin Minh Chau maintained the price at 118.5 million VND/tael (buy) and 120.5 million VND/tael (sell), no change compared to the previous session.

Gold ring price - Gold price 9999 today 5/23/2025:

As of 3:30 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 500,000 VND/tael in the buying direction 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 114.5-117.5 million VND/tael (buy - sell). Decreased by 300 thousand VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.

In general, today's gold price, May 23, 2025, shows a decrease in prices for most brands, except for Mi Hong with a slight increase. This downward trend is considered due to pressure from the international market, when the world gold price is also showing signs of downward adjustment.

Gold price list this afternoon May 23, 2025 in the country in detail:

Gold price today
BuySell
SJC in Hanoi 118.5 - 120.5 -
DOJI Group 118.0 ▼500 120.0 ▼500
Red Eyelashes 119.3 ▲800 120.5 ▲500
PNJ 112.5 ▼500 115.5 -
Vietinbank Gold 120.5 -
Bao Tin Minh Chau 118.5 - 120.5 -
Phu Quy 117.0 ▼800 120.0 ▼800
1. DOJI - Updated: May 23, 2025 15:30 - Source website time - ▼/▲ Compared to yesterday.
Type Buy Sell
AVPL/SJC HN 118,500 120,500
AVPL/SJC HCM 118,500 120,500
AVPL/SJC DN 120,500 120,500
Raw material 9999 - HN 107,900
▼1300K
113,000
Raw material 999 - HN 107,800
▼1300K
112,900
2. PNJ - Updated: May 23, 2025 15:30 - Time of the source website - ▼/▲ Compared to yesterday.
Type Buy Sell
HCMC - PNJ 118,500 120,500
HCMC - SJC 112,500 ▼500K 115,500
Hanoi - PNJ 112,500 ▼500K 115,500
Hanoi - SJC 112,500 ▼500K 115,500
Da Nang - PNJ 112,500 ▼500K 115,500
Da Nang - SJC 112,000 ▼800K 114,500 ▼800K
Western Region - PNJ 111,890 ▼800K 114,390 ▼800K
Western Region - SJC 110,960 ▼790K 113,460 ▼790K
Jewelry gold price - PNJ 102,480 ▼740K 104,980 ▼740K
Jewelry gold price - SJC - -
Jewelry gold price - Southeast PNJ -
Jewelry gold price - SJC - -
Jewelry gold price - Jewelry gold price PNJ 999.9 Plain Ring -
Jewelry gold price - Jewelry gold 999.9 112,500 ▼500K 115,500
Jewelry gold price - Jewelry gold 999 110,960 ▼790K 113,460 ▼790K
Jewelry gold price - 99 gold 102,480 ▼740K 104,980 ▼740K
Jewelry gold price - 916 gold (22K) 78,530 ▼600K 86,030 ▼600K
Jewelry gold price - 750 gold (18K) 70,510 ▼540K 78,010 ▼540K
Jewelry gold price - 680 gold (16.3K) 67,080 ▼520K 74,580 ▼520K
Jewelry gold price - 650 gold (15.6K) 62,020 ▼480K 70,000 ▼480K
Jewelry gold price - 610 gold (14.6K) 59,630 ▼470K 67,130 ▼470K
Jewelry gold price - 585 gold (14K) 40,280 ▼340K 47,780 ▼340K
Jewelry gold price - 416 gold (10K) 35,590 ▼300K 43,090 ▼300K
Jewelry gold price - 375 gold (9K) 30,340 ▼260K 37,940 ▼260K
3. SJC - Updated: 5/23/2025 3:30 PM - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG 118,500 120,500
SJC gold 5 chi 118,500 120,520
SJC gold 0.5 chi, 1 chi, 2 chi 118,500 120,530
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi 112,500 115,500
SJC 99.99% gold ring 0.5 chi, 0.3 chi 112,500 115,600
Jewelry 99.99% 112,500 114,900
Jewelry 99% 109,262 113,762
Jewelry 68% 71,789 78,289
Jewelry 41.7% 41,568 48,068

Update gold price this afternoon 5/23/2025 in the world

At the time of trading at 3:30 p.m. on May 23, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,323.26 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 105.14 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (118.5-120.5 million VND/tael), the SJC gold price is currently about 15.36 million higher than the international gold price.

On May 23, 2025, the price of gold on the world market increased, reaching its highest level in more than a month. The main reason for this increase in price was the weakening of the US dollar and concerns about the country's financial situation, which increased the attractiveness of gold as a safe haven for investors.

Spot gold was up 1.1% at $3,329.69 an ounce by 0654 GMT. It has gained about 4% this week, its biggest weekly gain since April 7. The decline in the dollar, which is down more than 1% this week, has made gold cheaper for holders of other currencies.

This week, trade optimism has given way to concerns about the U.S. fiscal situation, which has made investors hesitant about U.S. assets, making gold a more attractive option, according to Tim Waterer, senior market analyst at KCM Trade. He also said that gold prices could remain above $3,000 amid ongoing issues of taxes, debt and geopolitical tensions.

In another development, the Republican-controlled US House of Representatives passed a massive tax and spending bill that is expected to implement many of President Donald Trump's policies and add trillions of dollars to the country's debt. The bill now moves to the Senate, which Republicans control 53-47.

Separately, the US Treasury saw weak demand for a $16 billion 20-year bond issue, as investors were hit by Moody's downgrade of the US credit rating and concerns about the country's growing debt burden.

Meanwhile, Iranian Foreign Minister Abbas Araqchi warned that the US would be held legally responsible for any Israeli attack on Iran's nuclear facilities, following reports that Israel was preparing airstrikes on Iran.

Gold is often seen as a safe store of value during times of political and financial uncertainty. Meanwhile, silver edged up 0.3% to $33.16 an ounce, platinum rose 0.9% to $1,091.43 and palladium fell 0.1% to $1,014.00.

Source: https://baoquangnam.vn/gia-vang-chieu-nay-23-5-2025-gia-vang-trong-nuoc-tiep-tuc-sut-giam-vang-the-gioi-hoi-phuc-3155368.html


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