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Gold price this afternoon, May 26, 2025: Domestic and world gold prices have dropped sharply, no longer unreasonably high as before

Gold price on the afternoon of May 26, 2025: Domestic gold price and world gold price decreased sharply at the beginning of the week due to the political and economic situation. Domestic gold price implemented the Prime Minister's direction not to have an unreasonably high difference with world gold price.

Báo Nghệ AnBáo Nghệ An26/05/2025

Domestic gold price today 5/26/2025

At the time of survey at 2:30 p.m. on May 26, 2025, the domestic gold bar price dropped sharply by more than 2 million VND. Specifically:

DOJI Group listed the price of SJC gold bars at 116.5-119 million VND/tael (buy - sell), a decrease of 2.5 million VND/tael in buying - a decrease of 2 million VND/tael in selling compared to yesterday.

At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 116.5-119 million VND/tael (buy - sell), a decrease of 2.5 million VND/tael in buying - a decrease of 2 million VND/tael in selling compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 117-118.5 million VND/tael for buying and selling. Compared to yesterday, the gold price decreased by 2 million VND/tael for both buying and selling compared to yesterday.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 116.5-119 million VND/tael (buy - sell), the price decreased by 2 million VND/tael in the buying direction - decreased by 1.8 million VND/tael in the selling direction compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 116-119 million VND/tael (buy - sell), gold price decreased 2 million VND/tael in both buying and selling directions compared to yesterday.

Gold price this afternoon, May 26, 2025: Domestic and world gold prices have dropped sharply, no longer unreasonably high as before

As of 2:30 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 112-114.5 million VND/tael (buy - sell); the price decreased by 1.5 million VND/tael in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 114.7-117.7 million VND/tael (buy - sell); down 800 thousand VND/tael in both buying and selling directions compared to yesterday.

The latest gold price list today, May 26, 2025 is as follows:

Gold price today
May 26, 2025
(million dong)
Difference
(thousand dong/tael)
Buy
Sell
Buy
Sell
SJC in Hanoi
116.5 119
2500 2000
DOJI Group
116.5
119
2500
2000
Red Eyelashes
119 120.5
2500 2000
PNJ
116.5
119
2500 2000
Vietinbank Gold
119

2000
Bao Tin Minh Chau
116.5
119
2000 1800
Phu Quy 116 119
2000 2000
1. DOJI - Updated: May 26, 2025 14:30 - Source website time - ▼/▲ Compared to yesterday.
Domestic gold price Buy Sell
AVPL/SJC HN 116,500 ▼2500K 119,000 ▼2000K
AVPL/SJC HCM 116,500 ▼2500K 119,000 ▼2000K
AVPL/SJC DN 116,500 ▼2500K 119,000 ▼2000K
Raw material 9999 - HN 108,000 ▼900K 112,000 ▼1500K
Raw material 999 - HN 107,900 ▼900K 111,900 ▼1500K
2. PNJ - Updated: May 26, 2025 14:30 - Time of the source website - ▼/▲ Compared to yesterday.
Type Buy Sell
SJC 999.9 gold bar 11,650 11,900
PNJ 999.9 Plain Ring 11,200 11,500
Kim Bao Gold 999.9 11,200 11,500
Gold Phuc Loc Tai 999.9 11,200 11,500
999.9 gold jewelry 11,180 11,430
999 gold jewelry 11,169 11,419
9920 jewelry gold 11,099 11,349
99 gold jewelry 11,076 11,326
750 Gold (18K) 7,838 8,588
585 Gold (14K) 5,952 6,702
416 Gold (10K) 4.020 4,770
PNJ Gold - Phoenix 11,200 11,500
916 Gold (22K) 10,230 10,480
610 Gold (14.6K) 6,237 6,987
650 Gold (15.6K) 6,695 7,445
680 Gold (16.3K) 7,037 7,787
375 Gold (9K) 3,551 4.301
333 Gold (8K) 3,037 3,787
3. SJC - Updated: 5/26/2025 2:30 PM - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG 116,500 ▼2500K 119,000 ▼2000K
SJC gold 5 chi 116,500 ▼2500K 119,020 ▼2000K
SJC gold 0.5 chi, 1 chi, 2 chi 116,500 ▼2500K 119,030 ▼2000K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi 111,500 ▼2000K 114,500 ▼1500K
SJC 99.99% gold ring 0.5 chi, 0.3 chi 111,500 ▼2000K 114,600 ▼1500K
Jewelry 99.99% 111,500 ▼2000K 113,900 ▼1500K
Jewelry 99% 108,272 ▼1480K 112,772 ▼1480K
Jewelry 68% 71,109 ▼1020K 77,609 ▼1020K
Jewelry 41.7% 41,151 ▼625K 47,651 ▼625K

World gold price today 5/26/2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 2:30 p.m. today, Vietnam time, was 3,328.53 USD/ounce. Today's gold price decreased by 31.42 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,090 VND/USD), the world gold price is about 108.61 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 10.39 million VND/tael higher than the international gold price.

Domestic gold prices fell sharply at the beginning of the week after Prime Minister Pham Minh Chinh directed to reduce the gap between domestic and international gold prices to 1-2%. As of the end of last week, the gap was over 10%, so today's sharp drop in gold prices is understandable.

World gold prices started the new week with a downward trend after US President Donald Trump announced the postponement of imposing a 50% tax on goods from the European Union (EU) on June 1 and moved it to July 9, causing a slight decrease in demand for gold.

Spot gold fell 0.94%, while US gold futures lost 1% to $3,333.40. It was a rather quiet trading day as the market reacted to Trump’s decision to delay tariffs, according to UBS analyst Giovanni Staunovo. He also predicted that trading volumes would be lower than usual as US and UK markets were closed for the Memorial Day holiday.

Over the weekend, Mr. Trump announced that he would extend trade negotiations with the EU until July 9, instead of imposing tariffs on June 1. This move caused gold prices to fall slightly, although last week, the precious metal had its strongest increase in 6 weeks due to concerns about tariffs. In particular, Mr. Trump also threatened to impose a 25% tax on iPhones imported into the US, causing further instability in the market.

Against this backdrop, the US dollar weakened, hitting its lowest level in nearly a month. However, many experts remain optimistic about the prospect of gold prices rising in the coming months. Mr. Staunovo predicts that prices could rise back to $3,500 an ounce, while Citi Bank has also raised its gold price forecast to $3,500 due to factors such as tax policy, geopolitical risks and US budget instability.

Silver also fell 0.2% to $33.40 an ounce, while platinum fell 0.8% to $1,085.76. Palladium also lost 0.6%, trading around $987.18. Meanwhile, geopolitical tensions continued as Russia attacked Ukraine for the third night in a row, raising concerns about global security.

Source: https://baonghean.vn/gia-vang-chieu-nay-26-5-2025-gia-vang-trong-nuoc-va-the-gioi-giam-manh-khong-con-gia-cao-vo-ly-nhu-truoc-10298255.html


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