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Gold price this afternoon May 24, 2025: Domestic and world gold prices increased again to 121 million VND

Gold price on the afternoon of May 24, 2025: Domestic gold price increased again to 121 million VND, an increase of 500 thousand VND/tael. World gold price increased slightly, closing the week at a high of over 3500 USD/ounce.

Báo Nghệ AnBáo Nghệ An24/05/2025

Domestic gold price today 5/24/2025

At the time of survey at 4:30 p.m. on May 24, 2025, the domestic gold bar price increased again to 121 million VND. Specifically:

DOJI Group listed the price of SJC gold bars at 119-121 million VND/tael (buy - sell), an increase of 500 thousand VND/tael in both buying and selling directions compared to yesterday.

At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 119-121 million VND/tael (buy - sell), an increase of 500 thousand VND/tael in both buying and selling directions compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 119.5-121 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 1 million VND/tael for buying and 500 thousand VND/tael for selling.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 119-121 million VND/tael (buy - sell), the price increased by 500 thousand VND/tael in both buying and selling directions compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 118-121 million VND/tael (buy - sell), gold price increased by 500 thousand VND/tael in both buying and selling directions compared to yesterday.

Gold price this afternoon 5/24: Gold price increased again to 121 million

As of 4:30 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 113.5-116 million VND/tael (buy - sell); the price increased by 1 million VND/tael for buying - increased by 500 thousand VND/tael for selling compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 115.5-118.5 million VND/tael (buy - sell); an increase of 1 million VND/tael in both buying and selling directions compared to yesterday.

The latest gold price list today, May 24, 2025 is as follows:

Gold price today
May 24, 2025
(million dong)
Difference
(thousand dong/tael)
Buy
Sell
Buy
Sell
SJC in Hanoi
119 121
+500 +500
DOJI Group
119
121
+500
+500
Red Eyelashes
119.5 121
+1000 +500
PNJ
119
121
+500 +500
Vietinbank Gold
121

+500
Bao Tin Minh Chau
119
121
+500 +500
Phu Quy 118 121
+500 +500
1. DOJI - Updated: May 24, 2025 16:30 - Source website time - ▼/▲ Compared to yesterday.
Domestic gold price Buy Sell
AVPL/SJC HN 119,000 ▲500K 121,000 ▲500K
AVPL/SJC HCM 119,000 ▲500K 121,000 ▲500K
AVPL/SJC DN 119,000 ▲500K 121,000 ▲500K
Raw material 9999 - HN 108,900 ▲1000K 113,500 ▲500K
Raw material 999 - HN 108,800 ▲1000K 113,400 ▲500K
2. PNJ - Updated: May 24, 2025 16:30 - Time of the source website - ▼/▲ Compared to yesterday.
Type Buy Sell
SJC 999.9 gold bar 11,900 12,100
PNJ 999.9 Plain Ring 11,300 11,600
Kim Bao Gold 999.9 11,300 11,600
Gold Phuc Loc Tai 999.9 11,300 11,600
999.9 gold jewelry 11,250 11,500
999 gold jewelry 11,239 11,489
9920 jewelry gold 11,168 11,418
99 gold jewelry 11,145 11,395
750 Gold (18K) 7,890 8,640
585 Gold (14K) 5,993 6,743
416 Gold (10K) 4,049 4,799
PNJ Gold - Phoenix 11,300 11,600
916 Gold (22K) 10,294 10,544
610 Gold (14.6K) 6,280 7,030
650 Gold (15.6K) 6,740 7,490
680 Gold (16.3K) 7,085 7,835
375 Gold (9K) 3,578 4,328
333 Gold (8K) 3,060 3,810
3. SJC - Updated: 5/24/2025 4:30 PM - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG 119,000 ▲500K 121,000 ▲500K
SJC gold 5 chi 119,000 ▲500K 121,020 ▲500K
SJC gold 0.5 chi, 1 chi, 2 chi 119,000 ▲500K 121,030 ▲500K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi 113,500 ▲1000K 116,000 ▲500K
SJC 99.99% gold ring 0.5 chi, 0.3 chi 113,500 ▲1000K 116,100 ▲500K
Jewelry 99.99% 113,500 ▲1000K 115,400 ▲500K
Jewelry 99% 109,757 ▲495K 114,257 ▲495K
Jewelry 68% 72,129 ▲340K 72,129 ▲340K
Jewelry 41.7% 41,776 ▲208K 41,776 ▲208K

World gold price today 5/24/2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 p.m. today, Vietnam time, was 3,358.12 USD/ounce. Today's gold price increased by 32.44 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,130 VND/USD), the world gold price is about 109.75 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 11.25 million VND/tael higher than the international gold price.

The price of gold in the world market at the end of the week suddenly increased sharply on the Kitco floor when many investors rushed to buy to hedge against risks before the three-day holiday in the US. This is a common move when the market shows signs of instability, gold is often seen as a safe "shield".

US stock markets were rocked by a series of tweets from former President Donald Trump. One warned that iPhones could face a 25% tariff if they were not made in the US, while another said US-EU trade talks were at a standstill and the US could impose a 50% tariff on EU goods from June 1. The reports worried investors, pushing gold prices higher.

In the context of many economic and political fluctuations in the world, gold continues to be sought after as a safe-haven asset. In the past week alone, the price of gold has increased by a total of 5.1%. Daniel Pavilonis, an expert from RJO Futures, commented that if it surpasses the threshold of 3,500 USD/ounce, the price of gold could climb to 3,800 USD/ounce.

Despite the strong demand for gold, the market currently accounts for only about 1% of total global assets, according to Imaru Casanova, an expert at VanEck Funds. She advises new investors to consider allocating about 5% of their portfolio to gold for safety.

Larry McDonald, a market strategist, warned that the current economic signals are quite negative. He advised investors to hold cash instead of rushing to gold prices, citing Warren Buffett's record cash holdings of $348 billion to hedge against risks.

However, McDonald also revealed that many central banks are buying gold heavily and predicts that gold prices could hit $4,000 an ounce next year, suggesting that gold remains an attractive option in the long term.

Source: https://baonghean.vn/gia-vang-chieu-nay-24-5-2025-gia-vang-trong-nuoc-va-the-gioi-tang-tro-lai-121-trieu-dong-10298126.html


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