Vietnam.vn - Nền tảng quảng bá Việt Nam

Gold price today May 12, 2025: Domestic and world gold prices fell sharply at the same time at 1 million VND/tael

Gold price today May 12, 2025 shows that domestic and world gold prices simultaneously decreased sharply by 1 million VND/tael.

Báo Quảng NamBáo Quảng Nam12/05/2025

Index
  • Update gold price today 5/12/2025 latest in domestic market
  • Update gold price today May 12, 2025 latest on the world market
  • News, gold price trends today 5/12/2025 domestic and world gold prices

Update gold price today 5/12/2025 latest in domestic market

At the time of survey at 10:00 a.m. on May 12, 2025, today's gold price on May 12, 2025 recorded a widespread downward trend, pulling the price down to around 121 million VND. This development is attracting the attention of investors in the context of strong market fluctuations. Specifically, the latest gold price on May 12, 2025:

DOJI Group listed the price of SJC gold bars at 119-121 million VND/tael (buy - sell), a decrease of 1 million VND/tael in both buying and selling directions compared to yesterday.

At the same time, the price of SJC gold bars at Saigon Jewelry Company Limited - SJC was also listed at 119-121 million VND/tael (buy - sell), the gold price decreased by 1 million VND/tael in both buying and selling directions compared to yesterday.

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 increased by 500 thousand VND/tael for buying but remained unchanged for selling.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 119-121 million VND/tael (buy - sell), down 1 million VND/tael in both buying and selling directions compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 118-121 million VND/tael (buy - sell), gold price decreased 1 million VND/tael in both buying and selling directions compared to yesterday.

For PNJ, the price of SJC gold bars is listed at 119-121 million VND/tael (buy - sell), down 1 million VND/tael in both buying and selling directions compared to yesterday, reflecting the general trend of the gold price market today, May 12, 2025.

As of 10:00 a.m. today, the price of 9999 Hung Thinh Vuong round gold ring at DOJI is listed at 113.5-116.0 million VND tael.
As of 10:00 a.m. today, the price of 9999 Hung Thinh Vuong round gold ring at DOJI is listed at 113.5-116.0 million VND/tael.

As of 10:00 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 113.5-116.0 million VND/tael (buy - sell); down 1 million VND/tael in both buying and selling directions compared to early this morning. The difference between buying and selling prices is at 2.5 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 116.0-119.0 million VND/tael (buy - sell); down 1 million VND/tael in both buying and selling directions compared to early this morning. The difference between buying and selling prices is at 3 million VND/tael.

The latest gold price update table today, May 12, 2025 is as follows:

Gold price today
BuySell
SJC in Hanoi 119.0 ▼1000K 121.0 ▼1000K
DOJI Group 119.0 ▼1000K 121.0 ▼1000K
Red Eyelashes 1195 ▲500K 121.0 -
PNJ 113.5 ▼500K 116.0 ▼600K
Vietinbank Gold 121.0 ▼1000K
Bao Tin Minh Chau 119.0 ▼1000K 121.0 ▼1000K
Phu Quy 118.0 ▼1000K 121.0 ▼1000K
1. DOJI - Updated: 12/5/2025 10:00 - Time of the source website - ▼/▲ Compared to yesterday.
Type Buy Sell
AVPL/SJC HN 119,000
▼1000K
121,000
▼1000K
AVPL/SJC HCM 119,000
▼1000K
121,000
▼1000K
AVPL/SJC DN 119,000
▼1000K
121,000
▼1000K
Raw material 9999 - HN 110,700
▼1000K
113,500
▼1000K
Raw material 999 - HN 110,600
▼1000K
113,400
▼1000K
2. PNJ - Updated: May 12, 2025 10:00 - Time of the source website - ▼/▲ Compared to yesterday.
Type Buy Sell
SJC PNJ gold bars 119,000,000 ▼1,000,000 121,000,000 ▼1,000,000
PNJ 9999 round gold ring 113,500,000 ▼500,000 116,000,000 ▼600,000
Kim Bao 9999 Gold 113,500,000 ▼500,000 116,000,000 ▼600,000
Gold Phuc Loc Tai 9999 113,500,000 ▼500,000 116,000,000 ▼600,000
PNJ Gold Bar - Phuong Hoang 113,500,000 ▼500,000 116,000,000 ▼600,000
PNJ 9999 Gold 113,000,000 ▼1,000,000 115,500,000 ▼1,000,000
PNJ 24K Gold 112,890,000 ▼990,000 115,390,000 ▼990,000
99 gold jewelry 119,500,000 ▼990,000 114,450,000 ▼990,000
916 Gold (22K) 103,400,000 ▼910,000 105,900,000 ▼910,000
18K PNJ Gold 79,280,000 ▼750,000 86,780,000 ▼750,000
680 Gold (16.3K) 71,190,000 ▼680,000 78,690,000 ▼680,000
650 Gold (15.6K) 67,730,000 ▼650,000 75,230,000 ▼650,000
610 Gold (14.6K) 63,110,000 ▼610,000 70,610,000 ▼610,000
14K PNJ Gold 60,220,000 ▼580,000 67,720,000 ▼580,000
416 Gold (10K) 40,700,000 ▼410,000 48,200,000 ▼410,000
375 Gold (9K) 35,960,000 ▼380,000 43,460,000 ▼380,000
333 Gold (8K) 30,770,000 ▼330,000 38,270,000 ▼330,000
3. SJC - Updated: 12/5/2025 10:00 - Time of the source website - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG 119,000
▼1000K
121,000
▼1000K
SJC gold 5 chi 119,000
▼1000K
121,020
▼1000K
SJC gold 0.5 chi, 1 chi, 2 chi 119,000
▼1000K
121,030
▼1000K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi 113,500
▼1000K
116,000
▼1000K
SJC 99.99% gold ring 0.5 chi, 0.3 chi 113,500
▼1000K
116,100
▼1000K
Jewelry 99.99% 113,500
▼1000K
115,400
▼1000K
Jewelry 99% 109,757
▼990K
114,257
▼990K
Jewelry 68% 72,129
▼680K
78,629
▼680K
Jewelry 41.7% 41,776
▼417K
48,276
▼417K

Update gold price today May 12, 2025 latest on the world market

At the time of trading at 09:34 on May 12, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,275.58 USD/ounce. Converted according to the USD exchange rate on the free market (26,140 VND/USD), the world gold price is equivalent to about 103.64 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (119.0-121.0 million VND/tael), the SJC gold price is currently about 17.36 million higher than the international gold price.

Update gold price today May 12, 2025 latest on world market
Update gold price today May 12, 2025 latest on the world market

Gold prices today, May 12, 2025, fell sharply by 1.7% to $3,268/ounce as investor sentiment turned to high risk following positive signs from US-China trade negotiations. The US stock market rose, the dollar firmed as hopes of avoiding a global recession increased.

Geopolitical tensions have also eased with a fragile ceasefire between India and Pakistan, and plans for a meeting between Ukrainian President Volodymyr Zelenskiy and Vladimir Putin in Türkiye. US Treasury Secretary Scott Bessent and Chinese officials have confirmed significant progress and agreed to a new economic forum.

While a joint statement is expected today, there are no details on tariffs. Michael Brown of Pepperstone said this is a broad negotiating framework, not a specific agreement, and questioned the possibility of a tariff suspension or reduction. Trump’s erratic trade policies have weighed on the dollar, but the Fed is in no rush to cut interest rates.

April U.S. consumer price data and retail sales data due soon will shed light on the impact of tariffs, with Walmart’s earnings report on Thursday showing demand and the state of Chinese goods. ANZ expects the tariff impact to be evident in May CPI, making it unlikely the Fed will cut rates before the third quarter, possibly in September.

Expectations for rate cuts have fallen, with the probability of a June cut at 17% and a July cut at 59%. Fed Chairman Jerome Powell and other officials are due to speak this week. Gold prices today, May 12, 2025, were under pressure as investors fled safe havens, while Brent and US crude oil prices rose slightly on trade hopes.

News, gold price trends today 5/12/2025 domestic and world gold prices

Gold prices today, May 12, 2025, are being affected by many factors, making it difficult to predict the market in the short term. Kitco News' weekly survey shows that experts are cautious, while retail investors remain optimistic thanks to the precious metal's sustainable rise.

Marc Chandler of Bannockburn Global Forex said that gold prices are volatile. He said that the India-Pakistan conflict and the People's Bank of China's (PBOC) continued gold purchases last month were positive supporting factors. Upcoming economic data, such as the US CPI, is expected to be little changed compared to core and overall inflation, with gold price support around $3,200/ounce and resistance at $3,400/ounce.

Alex Kuptsikevich of FxPro noted that spot gold hit $3,500 an ounce on April 22, triggering a sharp sell-off. The ups and downs seen last week were similar to last April, which could be seasonal. He expects prices to remain sideways, but does not rule out a drop to $2,800 before the end of the year if a large-scale sell-off occurs.

After the US Federal Reserve (FED) confirmed that it is not in a hurry to cut interest rates due to the stable economy and high inflation, the gold price today, May 12, 2025, has switched to a wait-and-see mode. James Stanley predicts that the price will hardly exceed 3,500 USD/ounce in the short term, although the market expects the FED to lower interest rates in the summer.

Naeem Aslam of Zaye Capital Markets said the possibility of a Fed rate cut in July has been priced in by the market, so the positive impact has been reflected in prices. He said the short-term trend is bearish, but corrections can be bought. Long-term, gold prices could rise above $3,500/ounce if geopolitical tensions escalate.

Central banks’ continued purchases of gold, especially amid the ongoing US-China trade tensions and global uncertainty, are an important factor helping gold prices remain high today, May 12, 2025. Kitco News’ weekly survey shows that Wall Street analysts are divided, with 5/15 experts predicting increases, decreases, and sideways, each trend accounting for 33%.

Meanwhile, an online survey of 267 individual investors showed that 54% believe gold prices will increase, 29% predict a decrease and 17% think prices will move sideways this week, reflecting optimism still prevails.

Source: https://baoquangnam.vn/gia-vang-hom-nay-12-5-2025-gia-vang-trong-nuoc-va-the-gioi-giam-manh-dong-loat-o-muc-1-trieu-dong-luong-3154564.html


Comment (0)

No data
No data

Same category

The fiery red sunrise scene at Ngu Chi Son
10,000 antiques take you back to old Saigon
The place where Uncle Ho read the Declaration of Independence
Where President Ho Chi Minh read the Declaration of Independence

Same author

Heritage

Figure

Business

No videos available

News

Political System

Local

Product