Gold price today May 13, 2025: Plunging miserably, gold holders are worried

Domestic gold price today

At the time of Ha Tinh Newspaper's survey at 4:30 a.m. on May 13, 2025, domestic gold prices recorded a sharp downward trend at most large enterprises.

The price of SJC gold bars dropped sharply to 117 million VND/tael for buying and 119.2 million VND/tael for selling, showing a significant decrease.

DOJI Group listed the price of gold bars at 117.2 million VND/tael for buying and 119.2 million VND/tael for selling.

At Mi Hong Jewelry Company, SJC gold bar price is traded at 118.5 million VND/tael (buying) and 120 million VND/tael (selling).

SJC gold bars are listed by PNJ at 117.2 million VND/tael for buying and 119.2 million VND/tael for selling.

PNJ 9999 plain gold rings recorded prices of 112.5 million VND/tael (buy) and 115 million VND/tael (sell), down 1.5 million VND/tael and 1.6 million VND/tael respectively.

The downward trend in gold prices today, May 12, 2025, was widely recorded, with a decrease ranging from 1 million VND/tael to 2.8 million VND/tael depending on the brand and type of gold. The main reason for this decline may stem from fluctuations in world gold prices, when the USD increased in value and US bond yields remained high.

SJC gold price list on May 13, 2025

#	Type (thousand VND/tael)	Buy	Sell
1	Ho Chi Minh	117,200+0	119,200+0
2	North	117,200+0	119,200+0
3	Ha Long	117,200+0	119,200+0
4	Hai Phong	117,200+0	119,200+0
5	Central region	117,200+0	119,200+0
6	Hue	117,200+0	119,200+0
7	Quang Ngai	117,200+0	119,200+0
8	Nha Trang	117,200+0	119,200+0
9	Bien Hoa	117,200+0	119,200+0
10	West	117,200+0	119,200+0
11	Bac Lieu	117,200+0	119,200+0
12	Ca Mau	117,200+0	119,200+0

Doji domestic gold price on May 13, 2025	Buy	Sell
AVPL/SJC HN (thousand/tael)	117,200	119,200
AVPL/SJC HCM (thousand/tael)	117,200	119,200
AVPL/SJC DN (thousand/tael)	117,200	119,200
Raw material 9999 - HN(99.9)	10,970	11,250
Raw material 999 - HN(99)	10,960	11,240

Latest PNJ, SJC gold prices today May 13, 2025

Gold type \| Unit: 1,000 VND/Tael	Purchase price	Selling price
SJC 999.9 gold bar	11,720	11,920
PNJ 999.9 Plain Ring	11,250	11,500
Kim Bao Gold 999.9	11,250	11,500
Gold Phuc Loc Tai 999.9	11,250	11,500
999.9 gold jewelry	11,230	11,480
999 gold jewelry	11,219	11,469
9920 jewelry gold	11,148	11,398
99 gold jewelry	11,125	11,375
750 Gold (18K)	7,875	8,625
585 Gold (14K)	5,981	6,731
416 Gold (10K)	4,041	4,791
PNJ Gold - Phoenix	11,250	11,500
916 Gold (22K)	10,276	10,526
610 Gold (14.6K)	6,268	7.018
650 Gold (15.6K)	6,727	7,477
680 Gold (16.3K)	7,071	7,821
375 Gold (9K)	3,570	4,320
333 Gold (8K)	3,053	3.803

World gold price today

On the evening of May 12, the world gold price plunged 2.5% to $3,239/ounce. This sharp decline occurred right after US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer announced that the US and China had reached an agreement to suspend tariffs for 90 days.

In addition, the reciprocal import tariffs of both countries will simultaneously decrease by 115 basis points. Accordingly, the US will temporarily reduce import tariffs on Chinese goods from 145% to 30%. Meanwhile, China will also reduce from 125% to 10%.

"In the short term, gold prices may continue to decline as the US dollar strengthens and demand for safe havens weakens due to easing geopolitical risks. Gold prices may return to $3,200 an ounce in the near future," said Jigar Trivedi, senior commodity analyst at Reliance Securities.

Beth Hammack, president of the Federal Reserve Bank of Cleveland, said the Fed needs more time to assess the impact of Trump’s tax policies before making an appropriate policy direction. Investors are also waiting for the US Consumer Price Index (CPI) report to be released to look for new signals on the Fed’s monetary policy path.

Source: https://baohatinh.vn/gia-vang-hom-nay-1352025-lao-doc-the-tham-nguoi-om-vang-lo-sot-vo-post287676.html