Update gold price this afternoon 5/6/2025 in domestic market
At the time of survey at 3:30 p.m. on May 6, 2025, the gold price this afternoon, May 6, 2025, recorded a strong upward trend, bringing the domestic gold price to over 122 million VND/tael. At the end of the gold price session on May 6, 2025, the gold market witnessed a simultaneous increase in both buying and selling directions at major brands, reflecting the vibrant sentiment of investors in the face of global economic fluctuations. Specifically:
The price of SJC gold bars in Hanoi was listed by Saigon Jewelry Company Limited - SJC at 120.5 - 122.5 million VND/tael (buy - sell). Compared to yesterday, the gold price increased by 2.7 million VND/tael in both buying and selling directions.
At the same time, the gold price this afternoon, May 6, 2025 at DOJI Group was traded at 120.8 - 122.8 million VND/tael (buy - sell). This price increased by 3 million VND/tael in both buying and selling directions compared to the previous day, showing the strong attraction of precious metals.
At Mi Hong Jewelry Company, the price of SJC gold at the time of survey reached 120.8 - 122.3 million VND/tael (buy - sell). Compared to yesterday, the gold price increased by 300 thousand VND/tael in both buying and selling directions, confirming the upward trend of the market.
At the end of the gold price session on May 6, 2025, PNJ Company listed the price of 9999 gold rings at 115 - 118 million VND/tael (buy - sell). The gold price increased by 2.5 million VND/tael for buying and 2.6 million VND/tael for selling compared to yesterday, attracting the attention of investors.
SJC gold price at Bao Tin Minh Chau Company Limited is traded at 120.5 - 122.5 million VND/tael (buy - sell). Compared to yesterday, gold price increased by 2.7 million VND/tael in both buying and selling directions, maintaining impressive growth momentum.
At Phu Quy Jewelry Company, the gold price this afternoon, May 6, 2025, reached 119.8 - 122.8 million VND/tael (buy - sell). The gold price increased by 3 million VND/tael in both buying and selling directions compared to the previous day, marking the strongest increase of the day.
As of 3:30 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 115.5-118.0 million VND/tael (buy - sell); an increase of 3 million VND/tael in both buying and selling directions compared to yesterday.
Bao Tin Minh Chau listed the price of gold rings at 117.5-120.5 million VND/tael (buy - sell); an increase of 2 million VND/tael in both buying and selling directions compared to yesterday.
With a general upward trend, the closing price of gold on May 6, 2025 shows that the domestic gold market is responding positively to the increasing demand for safe havens. Investors need to monitor closely to seize opportunities in the context of strong fluctuations in gold prices.
Gold price list this afternoon May 6, 2025 in the country in detail:
| Gold price today | ||||
|---|---|---|---|---|
| Buy | Sell | |||
| SJC in Hanoi | 120.5 | ▲2700 | 122.5 | ▲2700 |
| DOJI Group | 120.8 | ▲3000 | 122.8 | ▲3000 |
| Red Eyelashes | 120.8 | ▲300 | 122.3 | ▲300 |
| PNJ | 115.0 | ▲2500 | 118.0 | ▲2600 |
| Vietinbank Gold | 122.5 | ▲2700 | ||
| Bao Tin Minh Chau | 120.5 | ▲2700 | 122.5 | ▲2700 |
| Phu Quy | 119.8 | ▲3000 | 122.8 | ▲3000 |
| 1. DOJI - Updated: 5/6/2025 15:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 120,500 ▲2700K | 122,500 ▲2700K |
| AVPL/SJC HCM | 120,500 ▲2700K | 122,500 ▲2700K |
| AVPL/SJC DN | 120,500 ▲2700K | 122,500 ▲2700K |
| Raw material 9999 - HN | 115,300 ▲3000K | 117,100 ▲3000K |
| Raw material 999 - HN | 115,200 ▲3000K | 117,000 ▲3000K |
| 2. PNJ - Updated: May 6, 2025 15:30 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| SJC PNJ gold bars | 120,500,000 ▲2,700,000 | 122,500,000 ▲2,700,000 |
| PNJ 9999 round gold ring | 115,000,000 ▲2,500,000 | 118,000,000 ▲2,600,000 |
| Kim Bao 9999 Gold | 115,000,000 ▲2,500,000 | 118,000,000 ▲2,600,000 |
| Gold Phuc Loc Tai 9999 | 115,000,000 ▲2,500,000 | 118,000,000 ▲2,600,000 |
| PNJ Gold Bar - Phuong Hoang | 115,000,000 ▲2,500,000 | 118,000,000 ▲2,600,000 |
| PNJ 9999 Gold Jewelry | 115,000,000 ▲2,500,000 | 117,500,000 ▲2,500,000 |
| PNJ 24K Gold Jewelry | 114,880,000 ▲2,490,000 | 117,380,000 ▲2,490,000 |
| Gold button page 99 | 113,930,000 ▲2,480,000 | 116,430,000 ▲2,480,000 |
| 916 Gold (22K) | 105,230,000 ▲2,290,000 | 107,730,000 ▲2,290,000 |
| 18K PNJ Gold | 80,780,000 ▲1,880,000 | 82,280,000 ▲1,880,000 |
| 680 Gold (16.3K) | 72,550,000 ▲1,700,000 | 80,050,000 ▲1,700,000 |
| 650 Gold (15.6K) | 69,030,000 ▲1,630,000 | 76,530,000 ▲1,630,000 |
| 610 Gold (14.6K) | 64,330,000 ▲1,530,000 | 71,830,000 ▲1,530,000 |
| 585 Gold (14K) | 61,390,000 ▲1,460,000 | 68,890,000 ▲1,460,000 |
| 416 Gold (10K) | 41,530,000 ▲1,040,000 | 49,030,000 ▲1,040,000 |
| 375 Gold (9K) | 36,710,000 ▲930,000 | 44,210,000 ▲930,000 |
| 333 Gold (8K) | 31,430,000 ▲830,000 | 38,930,000 ▲830,000 |
| 3. SJC - Updated: 5/6/2025 15:30 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 120,500 ▲2700K | 122,500 ▲2700K |
| SJC gold 5 chi | 120,500 ▲2700K | 122,500 ▲2700K |
| SJC gold 0.5 chi, 1 chi, 2 chi | 120,500 ▲2700K | 122,500 ▲2700K |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 115,500 ▲3000K | 118,000 ▲3000K |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 115,500 ▲3000K | 118,000 ▲3000K |
| Jewelry 99.99% | 115,500 ▲3000K | 117,400 ▲3000K |
| Jewelry 99% | 111,737 ▲2470K | 116,273 ▲2470K |
| Jewelry 68% | 73,989 ▲2040K | 79,989 ▲2040K |
| Jewelry 41.7% | 43,110 ▲1251K | 49,110 ▲1251K |
Update gold price this afternoon 5/6/2025 in the world
At the time of trading at 3:30 p.m. on May 6, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,380.61 USD/ounce. Converted according to the USD exchange rate on the free market (25,960 VND/USD), the world gold price is equivalent to about 106.96 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (120.5-122.5 million VND/tael), the SJC gold price is currently about 15.54 million higher than the international gold price.
The price of gold this afternoon, May 6, 2025, on the world market increased to a two-week high, reaching 3,362.69 USD/ounce. The main reason for the increase in gold prices is that many people are worried about US President Donald Trump's tax plans. When there is such instability, gold is often considered a safe place to protect assets, so many investors have poured money into gold. In particular, Mr. Trump recently announced that he would impose a 100% tax on foreign-produced films and may soon impose a tax on pharmaceutical products. This information makes people worried about market fluctuations, causing them to turn to gold as a way to protect their assets.
Another factor affecting gold prices this afternoon is the US Federal Reserve meeting tomorrow, May 7, 2025. This meeting is important because the Fed will decide whether to keep interest rates at 4.25% - 4.50%. Currently, many people predict that the Fed will not change interest rates immediately, but they are waiting for what Fed Chairman Jerome Powell will say. If Mr. Powell signals that interest rates may decrease in the future, gold prices may increase further. The reason is that gold is often more attractive when interest rates are low, because it does not bring returns like other investments, but it is a safe haven in times of uncertainty.
In addition, experts say that Mr. Trump's tax policies could cause many changes in the economy, making the Fed more cautious. Some analysts from Goldman Sachs believe that the Fed will need more time to consider economic data, such as the employment situation, before deciding to cut interest rates. They predict that the Fed may cut interest rates three times, each time by 0.25%, in July, September and October this year. If this happens, gold prices will have a chance to increase further, because gold is often favored in a low interest rate environment.
Not only gold, other precious metals such as silver, platinum and palladium also increased in price today. Silver price increased by 1.5% to 32.98 USD/ounce, platinum increased by 1.4% to 972.25 USD and palladium increased slightly by 0.5% to 945.25 USD. These metals are also considered safe assets, although not as popular as gold. In short, gold price increased sharply this afternoon, May 6, 2025 due to concerns about tariffs and waiting for the Fed's interest rate policy, and this trend may continue if the economic situation remains unstable.
Source: https://baoquangnam.vn/gia-vang-chieu-nay-6-5-2025-gia-vang-trong-nuoc-tiep-tuc-tang-gia-vang-the-gioi-sat-moc-3400-usd-3154193.html
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