Update gold price this afternoon 5/7/2025 in domestic market
At the time of the survey at 3:30 p.m. on May 7, 2025, today's gold price on May 7, 2025 recorded a downward trend at most businesses, with a decrease ranging from 300,000 to 1.1 million VND/tael. However, some units such as PNJ witnessed a slight increase in gold prices, creating a notable highlight in the market. Below are the details of the closing gold price session on May 7, 2025:
The price of SJC gold bars at Saigon Jewelry Company Limited - SJC is listed at 120.2-122.2 million VND/tael (buy - sell). Compared to yesterday, the gold price remained unchanged in both buying and selling directions.
At the same time, the gold price at DOJI Group was listed at 120.2-122.2 million VND/tael (buy - sell), unchanged in both buying and selling directions compared to yesterday.
At Mi Hong Jewelry Company, today's gold price on May 7, 2025 is listed at 120.0-121.7 million VND/tael (buy - sell). Gold price decreased by 500 thousand VND/tael for buying and 300 thousand VND/tael for selling compared to yesterday.
Meanwhile, PNJ Company recorded a remarkable increase, with the listed gold price at 115.5-118.1 million VND/tael (buy - sell). Compared to yesterday, the gold price increased by 500 thousand VND/tael for buying and 100 thousand VND/tael for selling.
At Bao Tin Minh Chau Company Limited, SJC gold price was traded at 119.7-121.7 million VND/tael (buy - sell), down 500 thousand VND/tael in both buying and selling directions compared to yesterday.
Gold price at Phu Quy Company is listed at 118.7-121.7 million VND/tael (buy - sell), recording a sharp decrease of 1.1 million VND/tael in both buying and selling directions compared to yesterday.
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); Unchanged 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); Unchanged in both buying and selling directions compared to yesterday.
The closing price of gold on May 7, 2025 shows that the domestic gold market is under pressure to decrease prices, but the slight increase at PNJ is somewhat a positive signal. Investors need to closely monitor market fluctuations to make appropriate decisions.
Gold price list this afternoon May 7, 2025 in the country in detail:
| Gold price today | ||||
|---|---|---|---|---|
| Buy | Sell | |||
| SJC in Hanoi | 120.2 | - | 122.2 | - |
| DOJI Group | 120.2 | - | 122.2 | - |
| Red Eyelashes | 120.0 | ▼500 | 121.7 | ▼300 |
| PNJ | 115.5 | ▲500 | 118.1 | ▲100 |
| Vietinbank Gold | 121.7 | ▼500 | ||
| Bao Tin Minh Chau | 119.7 | ▼500 | 121.7 | ▼500 |
| Phu Quy | 118.7 | ▼1100 | 121.7 | ▼1100 |
| 1. DOJI - Updated: 5/7/2025 15:30 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 120,200 - | 122,200 - |
| AVPL/SJC HCM | 120,200 - | 122,200 - |
| AVPL/SJC DN | 120,200 - | 122,200 - |
| Raw material 9999 - HN | 115,300 - | 117,100 - |
| Raw material 999 - HN | 115,200 - | 117,000 - |
| 2. PNJ - Updated: May 7, 2025 15:30 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 115,500,000 ▲500,000 | 118,100,000 ▲100,000 |
| HCMC - SJC | 120,200,000 - | 122,200,000 - |
| Hanoi - PNJ | 115,500,000 ▲500,000 | 118,100,000 ▲100,000 |
| Hanoi - SJC | 120,200,000 - | 122,200,000 - |
| Da Nang - PNJ | 115,500,000 ▲500,000 | 118,100,000 ▲100,000 |
| Da Nang - SJC | 120,200,000 - | 122,200,000 - |
| Western Region - PNJ | 115,500,000 ▲500,000 | 118,100,000 ▲100,000 |
| Western Region - SJC | 120,200,000 - | 122,200,000 - |
| Jewelry gold price - PNJ 999.9 Plain Ring | 115,500,000 ▲500,000 | 118,100,000 ▲100,000 |
| Jewelry gold price - Jewelry gold 999.9 | 114,880,000 - | 117,380,000 - |
| Jewelry gold price - Jewelry gold 999 | 113,930,000 - | 116,430,000 - |
| Jewelry gold price - Jewelry gold 99 | 105,230,000 - | 107,730,000 - |
| Jewelry gold price - 916 gold (22K) | 80,780,000 - | 82,280,000 - |
| Jewelry gold price - 750 gold (18K) | 72,550,000 - | 80,050,000 - |
| Jewelry gold price - 680 gold (16.3K) | 69,030,000 - | 76,530,000 - |
| Jewelry gold price - 650 gold (15.6K) | 64,330,000 - | 71,830,000 - |
| Jewelry gold price - 610 gold (14.6K) | 61,390,000 - | 68,890,000 - |
| Jewelry gold price - 585 gold (14K) | 41,530,000 - | 49,030,000 - |
| Jewelry gold price - 416 gold (10K) | 36,710,000 - | 44,210,000 - |
| Jewelry gold price - 375 gold (9K) | 31,430,000 - | 38,930,000 - |
| 3. SJC - Updated: 5/7/2025 15:30 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 120,200 - | 122,200 - |
| SJC gold 5 chi | 120,200 - | 122,220 - |
| SJC gold 0.5 chi, 1 chi, 2 chi | 120,200 - | 122,230 - |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 115,500 - | 118,000 - |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 115,500 - | 118,100 - |
| Jewelry 99.99% | 115,500 - | 117,400 - |
| Jewelry 99% | 111,737 - | 116,237 - |
| Jewelry 68% | 73,489 ▼159K | 79,989 - |
| Jewelry 41.7% | 42,610 ▼500K | 49,110 - |
Update gold price this afternoon 5/7/2025 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 (120.2-122.2 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 7, 2025, on the world market decreased compared to the previous day. Specifically, the spot gold price decreased by 1.2%, down to about 3,389.37 USD/ounce. The main reason is the optimistic sentiment about the trade negotiations between the US and China, causing many people to turn to gold less as a safe haven. When investors feel the market is more stable, they often switch to other assets, reducing the demand for gold.
Another factor affecting gold prices is the US Federal Reserve meeting taking place on the same day. Investors are closely watching the Fed's interest rate decision, as low interest rates tend to boost gold prices. The Fed is expected to keep interest rates unchanged and may cut them by about 0.8% this year, starting in July. However, the Fed may not make a clear announcement, in order to maintain flexibility amid concerns about economic growth and inflation from the US-China trade war. Gold is often seen as a safe haven asset during times of economic uncertainty, so changes in interest rates can have a big impact on gold prices.
Geopolitical factors also contributed to keeping gold prices from falling too far. Tensions between India and Pakistan, with back-and-forth attacks on May 7, 2025, increased market risk. Such events have led some investors to still choose gold as a safe haven, keeping prices from falling too sharply.
Other precious metals were also under pressure. Silver fell 0.6% to $33.04 an ounce, platinum edged down 0.1% to $984.30, and palladium fell 0.7% to $968.25. Overall, gold prices today are influenced by market sentiment, interest rate policy, and geopolitical risks, creating a complex but understandable picture when looking at these key factors.
Source: https://baoquangnam.vn/gia-vang-chieu-nay-7-5-2025-gia-vang-trong-nuoc-giam-hang-loat-vang-the-gioi-van-tang-3154261.html
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