Gold price today (May 14): Domestic gold price increased...

Domestic gold price today

Domestic gold bar prices have reversed and increased sharply. At the end of May 13, gold brands were buying at VND118.5 million/tael and selling at VND120.5 million/tael. Phu Quy SJC gold was buying at VND1 million lower than other brands.

Similarly, gold rings of various brands have also been adjusted to increase both buying and selling prices. Specifically, the price of SJC 9999 gold rings increased by VND500,000 in both directions, to VND113 million/tael for buying and VND115.5 million/tael for selling.

Domestic gold prices increase sharply. Photo: thanhnien.vn

DOJI in Hanoi and Ho Chi Minh City markets listed the price of gold rings at 113 million VND/tael for buying and 115.5 million VND/tael for selling, an increase of 500,000 VND for both buying and selling prices.

The price of Bao Tin Minh Chau brand gold rings is listed at 116 million VND/tael for buying and 119 million VND/tael for selling, an increase of 1 million VND in both directions.

Phu Quy SJC is buying gold rings at 114 million VND/tael and selling at 117 million VND/tael, an increase of 1 million VND in both buying and selling prices compared to early this morning.

PNJ brand gold ring price is listed at 113 million VND/tael for buying and 115.5 million VND/tael for selling, an increase of 500,000 VND in both directions.

Domestic gold bar prices updated at 5:30 a.m. on May 14 as follows:

Yellow	Area	Early morning 13-5	Early morning 14-5	Difference
Buy	Sell	Buy	Sell	Buy	Sell
Unit of measure: Million VND/tael	Unit of measure: Thousand dong/tael
DOJI	Hanoi	117.2	119.2	118.5	120.5	+1300	+1300
Ho Chi Minh City	117.2	119.2	118.5	120.5	+1300	+1300
SJC	Ho Chi Minh City	117.2	119.2	118.5	120.5	+1300	+1300
Hanoi	117.2	119.2	118.5	120.5	+1300	+1300
Danang	117.2	119.2	118.5	120.5	+1300	+1300
PNJ	Ho Chi Minh City	117.2	119.2	118.5	120.5	+1300	+1300
Hanoi	117.2	119.2	118.5	120.5	+1300	+1300
Bao Tin Minh Chau	Nationwide	117.2	119.2	118.5	120.5	+1300	+1300
Phu Quy SJC	Nationwide	116.2	119.2	117.5	120.5	+1300	+1300

World gold price today

World gold prices increased slightly, with spot gold prices increasing by 12.5 USD to 3,251.2 USD/ounce. Gold futures last traded at 3,247.8 USD/ounce, up 19.8 USD compared to early this morning.

Gold prices rebounded on Tuesday after a sharp decline the previous day, with the latest inflation data also boosting the precious metal’s gains.

Gold prices saw a big correction on Monday following news of a deal between the U.S. and China, but he said the current tariffs are still detrimental to the economy, said Bart Melek, head of commodity strategy at TD Securities.

Uncertainty around trade tariffs remains in the market, with equities taking a breather after surging on the tariff news, while the US dollar is also correcting, according to Swissquote analyst Carlo Alberto De Casa.

On Monday, the US announced it would cut tariffs on Chinese imports to 30% from 145%, while China cut tariffs on US imports to 10% from 125%. The new measures will take effect in three months.

Bullion prices broke multiple records in 2025 due to fears of an economic slowdown after US President Donald Trump imposed steep tariffs on imports from many countries, strong demand from central banks, geopolitical tensions and increased inflows into gold-backed exchange-traded funds.

On May 13, the market also received the latest information on inflation. According to the Bureau of Labor Statistics of the US Department of Labor, the US consumer price index increased by 0.2% last month.

World gold prices increased slightly. Photo: Getty Images

The report looks positive for the precious metals market, according to Kitco Metals senior analyst Jim Wyckoff.

Financial markets are now expecting the US Federal Reserve to continue easing policy in September. Lower interest rates increase the appeal of this non-interest-bearing precious metal.

However, according to Reuters technical analyst Wang Tao, spot gold could technically retest the support level of $3,206/ounce, if it breaks this level, the price could fall to $3,135/ounce.

With the domestic gold bar price increasing sharply and the world gold price listed at Kitco at 3,251.2 USD/ounce (equivalent to about 102.5 million VND/tael converted according to Vietcombank exchange rate, excluding taxes and fees), the difference between domestic and world gold prices is about 18 million VND/tael.

TRAN HO HOAI

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Source: https://baodaknong.vn/gia-vang-hom-nay-14-5-gia-vang-trong-nuoc-tang-manh-252449.html