At the end of the session on May 14 , the price of gold bars at SJC closed at 118-120 million VND/tael (buy - sell), down 500 thousand 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 112.5-115 million VND/tael (buy - sell), also down 500 thousand VND/tael in both buying and selling compared to yesterday's closing price.

At 9:38 , the price of SJC 9999 gold dropped to 118-120 million VND/tael (buy - sell), a decrease of 500 thousand VND/tael in both buying and selling compared to early this morning.

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

SJC Company reduced the price of gold rings of type 1-5 to only 112.5-115 million VND/tael (buy - sell), down 500 thousand VND/tael in both buying and selling compared to early this morning.

Similarly, Doji Gold and Gemstone Group this afternoon also pulled the price of 9999 gold rings to 113-115 million VND/tael (buy - sell), remaining the same in the buying direction and decreasing 500 thousand VND/tael in the selling direction compared to early this morning.

Meanwhile, the price of gold rings this morning has changed strangely as the difference between brands is very large.

Bao Tin Minh Chau Company listed the price of gold rings at 116-119 million VND/tael (buy - sell), 3.5 million VND/tael more expensive than SJC's 1-5 chi gold rings.

At Phu Quy Gold Company, the price of round rings is listed at 114-117 million VND/tael, 1 to 1.5 million VND/tael higher than SJC gold rings.

Mi Hong gold rings (HCMC) are priced at 113.5-115 million VND/tael (buy - sell), the buying price is 500,000 VND higher per tael but the selling price is 500,000 VND lower than SJC gold rings.

Early this morning, SJC Company listed the price of gold rings type 1-5 at only 113-115.5 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 113-115.5 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 112,500,000 - 500,000 115,000,000 - 500,000
Doji 113,000,000 0 115,500,000 - 500,000

                        SJC and Doji gold ring price list updated on the morning of May 14

Opening the trading session on May 14, the price of SJC 9999 gold remained the same as the closing price of yesterday's trading session, at 118.5-120.5 million VND/tael (buy - sell).

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

                    SJC and Doji gold bar price list updated on the morning of May 14

The central exchange rate on May 14 announced by the State Bank was 24,973 VND/USD, unchanged from the previous trading session. The USD price at commercial banks this morning (May 14) was commonly listed at 25,750 VND/USD (buy) and 26,140 VND/USD (sell).

At 8:46 a.m. today (May 14, Vietnam time) , the world spot gold price was at 3,245.8 USD/ounce, up 1.8 USD/ounce compared to last night. The price of gold futures for June 2025 on the Comex New York floor was at 3,250 USD/ounce.

On the morning of May 14 , the world gold price converted to USD bank price was over 103.3 million VND/tael, including tax and fees, about 17.2 million VND/tael lower than the domestic gold price.

As of 8:30 p.m. on May 13 (Vietnam time), the spot gold price today on the international market was at $3,244/ounce. Gold for June 2025 delivery on the Comex New York floor was at $3,246/ounce.

The world gold price on the night of May 13 was about 57.2% higher (equivalent to 1,181 USD/ounce) than at the beginning of 2024. The world gold price converted to the bank USD price was 103.3 million VND/tael, including taxes and fees, about 17.3 million VND/tael lower than the domestic gold price as of the end of the afternoon session on May 13.

World gold prices turned slightly up and headed towards the threshold of 3,250 USD/ounce after plunging, at times down to 3,210 USD/ounce in the previous session, in the context of the US reaching an agreement to postpone reciprocal tariffs for 90 days with China and geopolitical tensions easing in many places.

This development surprised many investors. The US-China deal was expected to reduce the demand for safe-haven gold. However, in reality, gold is supported by a series of more complex fundamental factors.

Wine HHOK2.jpg
The domestic price of SJC gold bars remains high, around 120 million VND/tael. Photo: HH

Although the US-China deal helped to temporarily cool tensions, the market assessed this as just a tactical move by both sides, not an end to the long-term trade war. Specific terms have not been clearly announced, causing investors to remain cautious and hold on to defensive assets such as gold.

In addition, gold ETFs have returned to net buying this precious metal, along with bottom-fishing cash flow after a deep correction.

Domestically, gold prices remain very high, above VND120 million/tael. Specifically, by the end of the trading session on May 13, the price of 9999 gold bars at SJC and Doji was listed at VND118.5-120.5 million/tael (buy-sell), an increase of VND1.3 million in both directions compared to the previous session.

The price of gold rings is also high. By the end of the afternoon of May 13, SJC and Doji announced that the price of gold rings of type 1-5 was only at 113-115.5 million VND/tael (buy - sell), an increase of 800,000 VND for buying and 500,000 VND for selling compared to the previous session.

Gold Price Forecast

Despite a sharp drop due to profit-taking pressure, world gold prices are forecast to remain on an upward trend in the medium and long term.

Key supporting factors include the prolonged global geopolitical uncertainty, especially tensions in the Middle East, Ukraine and Asia-Pacific. In addition, the weakening trend of the US dollar and the loose monetary policy of the US Federal Reserve (Fed) are also fundamental factors supporting gold prices.

In addition, gold purchases from central banks - especially China, Russia, and Türkiye - continue to increase, creating a solid demand. Meanwhile, confidence in risky assets such as stocks and cryptocurrencies is still fluctuating strongly due to concerns about the global economic recession, high public debt and persistent inflation.

UOB Bank recently predicted that gold prices could reach $3,600 an ounce by the first quarter of 2026 as the dollar continues to weaken. The DXY index will fall below 97 points in the first quarter of next year, compared to the current level of 101.4 points.

US and China reach tax deal: Gold price drops sharply, markets surge US and China have just reached an agreement to temporarily suspend the imposition of sky-high reciprocal tariffs for 90 days. Global financial and commodity markets reacted strongly. Gold price plummeted, USD soared.

Source: https://vietnamnet.vn/gia-vang-hom-nay-14-5-2025-sjc-tang-tro-lai-cao-hon-the-gioi-17-3-trieu-luong-2400813.html