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Gold price today 5/1/2025: World gold price cools down

(Baohatinh.vn) - Gold price today May 1, 2025: The domestic gold market is closed to begin the April 30 - May 1 holiday until the end of this week. Meanwhile, world gold cooled down after weak US economic data, expectations of the Fed cutting interest rates increased.

Báo Hà TĩnhBáo Hà Tĩnh01/05/2025

Gold price today 05/01/2025

At the time of survey at 4:30 a.m. on May 1, 2025, the gold price was listed by some businesses specifically as follows:

The price of SJC gold bars was listed by Saigon Jewelry Company Limited, DOJI Group, PNJ and Bao Tin Minh Chau at 119.3-121.3 million VND/tael (buy - sell), the price remained unchanged in both buying and selling directions compared to yesterday.

gia-vang-anh-minh-hoa-1422.jpg
Gold price today 05/01/2025.

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 remained unchanged.

SJC gold price in Phu Quy is traded by businesses at 118.3-121.3 million VND/tael (buy - sell), gold price unchanged compared to yesterday.

The latest gold price list today, May 1, 2025 is as follows:

Gold price today May 1, 2025 (Million VND) Difference (thousand VND/tael)
Buy Sell Buy Sell
SJC in Hanoi 119.3 121.3 - -
DOJI Group 119.3 121.3 - -
Red Eyelashes 119.5 121 - -
PNJ 119.3 121.3 - -
Vietcombank Gold - -
Bao Tin Minh Chau 119.3 121.3 - -
Phu Quy 118.3 121.3 -
-
1. DOJI - Updated: April 30, 2025 10:16 - Source website time - ▼/▲ Compared to yesterday.
Type Buy Sell
AVPL/SJC HN 119,300 121,300
AVPL/SJC HCM 119,300 121,300
AVPL/SJC DN 119,300 121,300
Raw material 9999 - HN 11,380 11,560
Raw material 999 - HN 11,370 11,550
2. PNJ - Source website time - ▼/▲ Compared to yesterday.
Type Buy Sell
HCMC - PNJ 114,000 117,000
HCMC - SJC 119,300 121,300
Hanoi - PNJ 114,000 117,000
Hanoi - SJC 119,300 121,300
Da Nang - PNJ 114,000 117,000
Da Nang - SJC 119,300 121,300
Western Region - PNJ 114,000 117,000
Western Region - SJC 119,300 121,300
Jewelry gold price - PNJ 114,000 117,000
Jewelry gold price - SJC 119,300 121,300
Jewelry gold price - Southeast PNJ 114,000
Jewelry gold price - SJC 119,300 121,300
Jewelry gold price - Jewelry gold price PNJ 999.9 Plain Ring 114,000
Jewelry gold price - Kim Bao Gold 999.9 114,000 117,000
Jewelry gold price - Phuc Loc Tai Gold 999.9 114,000 117,000
Jewelry gold price - Jewelry gold 999.9 114,000 116,500
Jewelry gold price - Jewelry gold 999 113,880 116,380
Jewelry gold price - Jewelry gold 9920 113,170 115,670
Jewelry gold price - Jewelry gold 99 112,940 115,440
Jewelry gold price - 750 gold (18K) 80,030 87,530
Jewelry gold price - 585 gold (14K) 60,800 68,300
Jewelry gold price - 416 gold (10K) 41,110 48,610
Jewelry gold price - 916 gold (22K) 104,310 106,810
Jewelry gold price - 610 gold (14.6K) 63,720 71,220
Jewelry gold price - 650 gold (15.6K) 68,380 75,880
Jewelry gold price - 680 gold (16.3K) 71,870 79,370
Jewelry gold price - 375 gold (9K) 36,340 43,840
Jewelry gold price - 333 gold (8K) 31,100 38,600
3. AJC - Updated: 04/29/2025 00:00 - Source website time - ▼/▲ Compared to yesterday.
Type Buy Sell
Jewelry 99.99 11,220 11,740
99.9 Jewelry 11,210 11,730
NL 99.99 11,220
Round ring not sealed in blister T.Binh 11,220
Round, 3A, Yellow T.Bình 11,450 11,750
Round, 3A, Yellow N.An 11,450 11,750
Round N., 3A, Yellow Street, Hanoi 11,450 11,750
SJC Thai Binh pieces 11,930 12,130
SJC Nghe An pieces 11,930 12,130
SJC Hanoi Piece 11,930 12,130

World gold price today 05/01/2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 a.m. today, Vietnam time, was 3,306.46 USD/ounce. Today's gold price decreased by 0.44% compared to yesterday. Converted according to the USD exchange rate on the free market (26,410 VND/USD), the world gold price is about 105.2 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 16.1 million VND/tael higher than the international gold price.

Diễn biến giá vàng thế giới trong 24h qua.

World gold price developments in the past 24 hours.

According to Reuters, world gold prices eased their decline as bets on the US Federal Reserve (Fed) cutting interest rates increased after US first-quarter growth data was weaker than expected.

Spot gold fell 0.2% to $3,308.52 an ounce by 10:57 a.m. ET (1457 GMT). The precious metal had fallen more than 1% earlier in the session, but was still on track for a fourth straight monthly gain, up 6% so far in April. U.S. gold futures fell 0.5% to $3,318.50.

Data showed US gross domestic product (GDP) fell at an annualized rate of 0.3% last quarter, as businesses rushed to import goods in anticipation of tariffs from the Trump administration.

“Gold is still confident in a bull market and today’s data suggests an easier path for the Fed to start cutting rates, which will be positive for gold,” said Tai Wong, an independent metals trader, adding that gold could trade sideways for a bit given its recent strong rally to $3,500.

Traders are betting that clearer signs of a weakening economy in June will prompt the Fed to resume rate cuts, eventually cutting them by a total of one percentage point by year-end. The non-yielding precious metal, a hedge against political and financial uncertainty, also thrives in a low-rate environment. It last hit a record high of $3,500.05 an ounce on April 22.

Meanwhile, the US personal consumption expenditures (PCE) price index was unchanged in March after rising 0.4% in February. The quarterly PCE excluding the volatile food and energy components rose at a 3.5% pace, faster than the 2.6% pace in the fourth quarter of last year.

“Gold has so far ignored the lowest core PCE reading since the pandemic, largely due to the previous sharp rally following the unexpected decline in US GDP,” Wong said.

Traders now await the biggest jobs data of the week, the US monthly jobs report on Friday, which could shed more light on the Fed's interest rate outlook.

Spot silver fell 0.9% to $32.68 an ounce, platinum fell 1.1% to $966.74 and palladium fell 0.1% to $933.50.

Source: https://baohatinh.vn/gia-vang-hom-nay-152025-gia-vang-the-gioi-ha-nhiet-post287012.html


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