At the end of the session on May 13 , the price of gold bars at SJC closed at 118.5-120.5 million VND/tael (buy - sell), an increase of 1.3 million VND/tael in both buying and selling compared to the end of yesterday's trading session.

At the end of the session, the price of 1-5 chi SJC gold rings and the price of 9999 gold rings at Doji were listed at 113-115.5 million VND/tael (buy - sell), an increase of 500 thousand VND/tael in both buying and selling compared to yesterday's closing price.

This afternoon, the world gold price increased. At 3:51 p.m. today (May 13, Vietnam time), the world spot gold price was at 3,253.2 USD/ounce, up 30 USD/ounce compared to early this morning.

Domestic gold prices this afternoon were also adjusted up following developments in the world market.

At 1:15 p.m., the price of SJC 9999 gold was listed at 118.5-120.5 million VND/tael (buy - sell), 500,000 VND/tael more expensive in both buying and selling compared to this morning.

Domestic gold ring prices this afternoon were also adjusted up by brands.

SJC Company raised the price of 1-5 chi gold rings to 113-115.5 million VND/tael (buy - sell), an increase of 500 thousand VND/tael in both buying and selling compared to early this morning.

Similarly, this afternoon, Doji Gold and Gemstone Group also raised the price of 9999 gold rings to 113-115.5 million VND/tael (buy - sell), increasing by 500 thousand VND/tael in both directions compared to early this morning.

At 9:34 a.m., the price of SJC 9999 gold was raised to 118-120 million VND/tael (buy - sell), an increase of 500 thousand VND/tael in both buying and selling compared to early this morning.

Domestic gold ring prices fluctuated little this morning.

Early this morning, SJC Company listed the price of gold rings of type 1-5 at only 112.5-115 million VND/tael (buy - sell), unchanged from yesterday's closing price.

Doji Gold and Gemstone Group early this morning also listed the price of 9999 gold rings at 112.5-115 million VND/tael (buy - sell), equal to the closing price of yesterday's trading session.

Buy (VND/tael) Increase/decrease Sell ​​(VND/tael) Increase/decrease
SJC 113,000,000 + 500,000 115,500,000 + 500,000
Doji 113,000,000 + 500,000 115,500,000 + 500,000

                                SJC and Doji gold ring price list updated on the afternoon of May 13

Opening the trading session on May 13 , the price of SJC 9999 gold was adjusted up 300 thousand VND/tael in both buying and selling compared to the closing price of yesterday's trading session, to 117.5-119.5 million VND/tael (buying - selling).

Buy (VND/tael) Increase/decrease Sell ​​(VND/tael) Increase/decrease
SJC HCMC 118,500,000 + 1,300,000 120,500,000 + 1,300,000
Doji Hanoi 118,500,000 + 1,300,000 120,500,000 + 1,300,000
Doji HCMC 118,500,000 + 1,300,000 120,500,000 + 1,300,000

      SJC and Doji gold bar price list updated on the afternoon of May 13

The central exchange rate on May 13 announced by the State Bank was 24,937 VND/USD, down 8 VND compared to the previous trading session. The USD price at commercial banks this morning (May 13) was commonly listed at 25,760 VND/USD (buy) and 26,150 VND/USD (sell).

At 8:36 a.m. today (May 13, Vietnam time) , the world spot gold price was at 3,223.2 USD/ounce, down 13.8 USD/ounce compared to last night. The price of gold futures for June 2025 on the Comex New York floor was at 3,227 USD/ounce.

On the morning of May 13 , the world gold price converted to USD bank price was over 102.6 million VND/tael, including tax and fees, about 16.9 million VND/tael lower than the domestic gold price.

At the end of the session on May 12, the price of gold bars at SJC closed at 117.2-119.2 million VND/tael (buy - sell), down 2.8 million VND/tael compared to the weekend trading session.

At the end of the session, the price of 1-5 chi SJC gold rings and 9999 gold rings at Doji were listed at 112.5-115 million VND/tael (buy - sell), down 2 million VND/tael compared to the closing price last week.

The price of gold on the Kitco floor at 8:00 p.m. (May 12, Vietnam time) was trading at $3,237/ounce, down 2.58% from the beginning of the session. The price of gold futures for June 2025 delivery on the Comex floor in New York was at $3,264/ounce.

After two days of tense negotiations in Switzerland, the US and China have finally made important progress in efforts to ease trade tensions.

According to the announcement, the US and China agreed to temporarily suspend most tariffs on goods from both countries. The US will reduce additional tariffs imposed on Chinese goods this year from 145% to 30%, while China will reduce from 125% to 10%.

The deal announced today is seen as an important step toward stabilizing global markets and restoring business confidence, with Chinese Vice Premier He Lifeng calling it an “important first step” toward resolving differences.

Kenneth Broux, a strategist at Societe Generale, said this was a positive step in the right direction for assets and the US economy. Nathan Sheets, an expert at Citigroup (USA), said that high tariffs are not beneficial for both the US and China.

Britain is the first country to reach a trade deal with the US since Mr Trump announced reciprocal tariffs in early April.

News of easing US-China trade tensions has had a significant impact on gold prices, reducing demand for the metal as a hedge against economic and geopolitical risks. Spot gold and gold futures both plunged, falling 3% to their lowest levels in more than a week.

The US Dollar Index rose sharply and reached a four-week high. The US Dollar Index (DXY), which measures the greenback's performance against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), stood at 101.51 points.

Nymex crude oil futures rose sharply, trading around $63.25 a barrel. The yield on the 10-year US Treasury note is currently at 4.457%.

gold price - buy and sell gold-10.jpg
Domestic gold prices decrease. Photo: Chi Hieu

Global capital is pouring into Asian stocks thanks to strong appreciation of local currencies in the region, along with the ability of Asian businesses to maintain profits, outweighing concerns about the negative impact of US tariff policies.

Global funds have bought a net $9.64 billion in stocks in emerging Asian markets (ex-China) over the past three weeks, marking the longest inflow streak since March 2024, according to data compiled by Bloomberg.

Gold Price Forecast

According to experts, the signs of detente between the world’s two largest economies on trade issues have increased investors’ risk appetite. Instead of seeking safe haven assets such as gold, investors tend to pour money into riskier assets such as stocks - which are expected to benefit from global economic stability and growth.

Easing tensions between China and the US are reducing demand for safe-haven assets such as gold, said UBS analyst Giovanni Staunovo.

Gold, seen as a hedge against economic and political uncertainty, tends to rise in low-interest-rate environments.

Gold prices are likely to remain volatile in the short term. However, maintaining high tariffs will continue to weigh on economic growth and could force central banks to cut interest rates later this year.

In addition, central banks can also take advantage of this price drop to increase their gold holdings.

Source: https://vietnamnet.vn/gia-vang-hom-nay-13-5-2025-lao-doc-vang-sjc-giam-gan-3-trieu-dong-luong-2400455.html