Domestic gold price today 5/12/2025
At the time of survey at 4:30 a.m. on May 12, 2025, domestic gold prices increased slightly compared to the beginning of last week. Specifically:
DOJI Group listed the price of SJC gold bars at 120-122 million VND/tael (buy - sell), the price remained unchanged in both buying and selling compared to yesterday. The gold price increased by 700 thousand VND/tael in both buying and selling compared to last week.
At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 120-122 million VND/tael (buy - sell), the gold price remained unchanged in both buying and selling directions compared to yesterday but increased by 700 thousand VND/tael in both buying and selling directions compared to last week.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 120.5-122 million VND/tael for buying and selling. Compared to yesterday, the gold price remained unchanged in both buying and selling directions. Compared to last week, the gold price increased by 2.5 million VND/tael for both buying and selling directions.
SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 120-122 million VND/tael (buy - sell), the price remains unchanged in both buying and selling directions compared to yesterday. Gold price increased by 1 million VND/tael in buying direction - increased by 1.7 million VND/tael in selling direction compared to last week.
SJC gold price at Phu Quy is traded by businesses at 119-122 million VND/tael (buy - sell), gold price is unchanged in both buying and selling directions compared to yesterday but increased by 700 thousand VND/tael in both buying and selling directions compared to last week.
As of 4:30 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 114.5-117 million VND/tael (buy - sell); the price remains unchanged in both buying and selling directions compared to yesterday; increased by 500 thousand VND/tael in both buying and selling directions compared to last week.
Bao Tin Minh Chau listed the price of gold rings at 117-120 million VND/tael (buy - sell); increased 400 thousand VND/tael for buying - increased 300 thousand VND/tael for selling compared to last week.
The latest gold price list today, May 12, 2025 is as follows:
| Gold price today | May 12, 2025 (million dong) | Difference (thousand dong/tael) | ||
| Buy | Sell | Buy | Sell | |
| SJC in Hanoi | 120 | 122 | - | - |
| DOJI Group | 120 | 122 | - | - |
| Red Eyelashes | 120.5 | 122 | - | - |
| PNJ | 120 | 122 | - | - |
| Vietinbank Gold | 122 | - | ||
| Bao Tin Minh Chau | 120 | 122 | - | - |
| Phu Quy | 119 | 122 | - | - |
| 1. DOJI - Updated: 12/5/2025 04:30 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Domestic gold price | Buy | Sell |
| AVPL/SJC HN | 120,000 | 122,000 |
| AVPL/SJC HCM | 120,000 | 122,000 |
| AVPL/SJC DN | 120,000 | 122,000 |
| Raw material 9999 - HN | 111,700 | 114,500 |
| Raw material 999 - HN | 111,600 | 114,400 |
| 2. PNJ - Updated: 12/5/2025 04:30 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 114,000 | 116,600 |
| HCMC - SJC | 120,000 | 122,000 |
| Hanoi - PNJ | 114,000 | 116,600 |
| Hanoi - SJC | 120,000 | 122,000 |
| Da Nang - PNJ | 114,000 | 116,600 |
| Da Nang - SJC | 120,000 | 122,000 |
| Western Region - PNJ | 114,000 | 116,600 |
| Western Region - SJC | 120,000 | 122,000 |
| Jewelry gold price - PNJ | 114,000 | 116,600 |
| Jewelry gold price - SJC | 120,000 | 122,000 |
| Jewelry gold price - Southeast | PNJ | 114,000 |
| Jewelry gold price - SJC | 120,000 | 122,000 |
| Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 114,000 |
| Jewelry gold price - Kim Bao Gold 999.9 | 114,000 | 116,600 |
| Jewelry gold price - Phuc Loc Tai Gold 999.9 | 114,000 | 116,600 |
| 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. SJC - Updated: 12/5/2025 04:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 120,000 | 122,000 |
| SJC gold 5 chi | 120,000 | 122,020 |
| SJC gold 0.5 chi, 1 chi, 2 chi | 120,000 | 122,030 |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 114,500 | 117,000 |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 114,500 | 117,100 |
| Jewelry 99.99% | 114,500 | 116,400 |
| Jewelry 99% | 110,747 | 115,247 |
| Jewelry 68% | 72,809 | 79,309 |
| Jewelry 41.7% | 42,193 | 48,693 |
World gold price today 5/12/2025 and world gold price fluctuation chart in the past 24 hours
According to Kitco, the world gold price recorded at 4:30 am today, Vietnam time, was at 3,328.94 USD/ounce. Today's gold price remained unchanged compared to yesterday but increased by 89.11 USD/ounce compared to last week. Converted according to the USD exchange rate at Vietcombank (26,140 VND/USD), the world gold price is about 106.03 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 15.96 million VND/tael higher than the international gold price.
One factor that is attracting much attention from analysts is the trade talks between the US and China last Saturday. This could be the beginning of the process of ending the trade war between the world's two largest economies.
Expert Michael Brown from Pepperstone company commented that if the meeting between the US and China achieves positive results, gold prices may be under strong downward pressure, possibly even returning to the $3,000/ounce range.
This week, the US financial market will enter an important period with a series of economic data being released. This information can create many fluctuations for gold prices, especially after the market has just experienced a week heavily influenced by the US Federal Reserve (FED) meeting and debates related to tariffs.
The first major focus will be the US consumer price index (CPI) report for April, due on Tuesday. This is a key inflation measure closely watched by the Fed. Investors are hoping that if inflation shows signs of cooling, the Fed will have more reason to consider cutting interest rates in June. This could be a positive for gold prices, as low interest rates tend to weaken the US dollar and increase the appeal of the precious metal.
However, the week will peak on Thursday when a slew of important economic data is released simultaneously at 10 a.m. (US time). Reports include the producer price index (PPI), April retail sales, jobless claims, along with two manufacturing surveys from New York state and the Philadelphia area.
At the same time, FED Chairman Jerome Powell will also give a speech in Washington, which makes the market even more sensitive to any signals about monetary policy.
Later in the week, the University of Michigan’s preliminary consumer sentiment index for May will be released. While it won’t have as big an impact as previous data, it will still be watched because it reflects consumer sentiment, which indirectly influences growth and inflation prospects.
Gold Price Forecast
Experts are still divided into three groups: bullish, bearish and neutral. This shows that the market is quite sensitive, with no clear signal of a new trend.
According to this week's Kitco News survey, of the 15 analysts polled, each group of five gave different gold price forecasts: up, down, and sideways.
Meanwhile, Kitco’s online poll of 267 retail investors showed that optimism still prevails, with 54% of respondents believing that gold prices will rise, 29% thinking that prices will fall, and 17% saying that the market will not fluctuate much.
Colin Cieszynski, chief strategist at SIA Wealth Management, said he remains bullish on gold in the short term. The weaker dollar has been a boon for gold, while news of a trade deal between the UK and the US and Fed policy have not had much of an impact.
Darin Newsom of Barchart.com and James Stanley of Forex.com also believe that gold prices will continue to move higher. Stanley said that the $3,500 area is a strong resistance level, but the fact that buyers have persistently defended the $3,200 and $3,300 levels in recent weeks shows that demand is still very strong.
On the other hand, Adrian Day, Chairman of Adrian Day Asset Management, said that gold prices may move sideways next week. Expectations of easing trade tensions between the US and China, along with concerns about a US economic recession, are putting pressure on gold prices. However, he also noted that gold prices remain high thanks to strong buying demand.
Mark Leibovit of VR Metals advises gold investors to take precautions against the possibility of falling prices, while Marc Chandler of Bannockburn Global Forex believes that gold prices will remain volatile due to political tensions between India and Pakistan, as well as continued gold purchases by the People's Bank of China.
It is necessary to determine which factors really strongly affect the price of gold.
Daniel Pavilonis of RJO Futures said it was important to determine what was really keeping gold prices at current high levels. It could be concerns about a full-blown trade war with China, or the potential impact of higher tariffs on the global economy. These factors make gold an unpredictable subject and one that will need to be closely watched in the coming period.
According to Mr. Pavilonis, the price of gold has been fluctuating continuously, from a high of 3,500 USD to 3,200 USD, then increased to 3,400 USD and is currently fluctuating around 3,300 USD.
Pavilonis questioned whether gold could fall further to around the 200-day moving average, or around $2,700 to $2,800, before finding equilibrium and recovering.
He said the main reason came from developments related to China, especially expectations about the possibility of the US and China improving relations and possibly easing trade tariffs.
Inflation is still quite stable and is not the main factor causing gold prices to fluctuate. However, changes in US-China trade relations can have a clear impact on the gold market.
He also said that many investors have made significant profits in gold over the past few years, especially in futures contracts. Therefore, if the upcoming meeting in Switzerland between the US and China results in a trade deal, there is a high possibility that gold prices will fall due to reduced risk expectations.
Another important factor is the monetary policy of the US Federal Reserve (Fed). He said that Fed Chairman Jerome Powell is having a difficult time making decisions. If the Fed lowers interest rates, the market may think that they are under political pressure or worried about the economy. Conversely, if the Fed raises interest rates, it may make investors worry that inflation is running above 2%.
Source: https://baonghean.vn/gia-vang-hom-nay-12-5-2025-gia-vang-vang-gia-vang-gia-vai-gia-vang-gia-gioi-cho-dong-luc-tang-gia-moi-10297057.html
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