- Update gold price today 5/17/2025 latest in domestic market
- Update gold price today May 17, 2025 latest on the world market
- News, gold price trends today May 17, 2025 domestic and world gold prices
Update gold price today 5/17/2025 latest in domestic market
At the time of the survey at 11:00 a.m. on May 17, 2025, domestic gold prices recorded a sharp downward trend at most major brands. The decrease ranged from VND 200,000 to VND 700,000/tael in both buying and selling directions, reflecting a significant market adjustment after previous increases.
SJC gold prices in Hanoi and Ho Chi Minh City both decreased by VND200,000/tael, currently listed at VND115.5 million/tael for buying and VND118.5 million/tael for selling. Similarly, at DOJI Group, the price also decreased by VND200,000/tael in both directions, with buying and selling prices at VND115.5 million/tael and VND118.5 million/tael, respectively.
At Mi Hong Jewelry Company, gold prices recorded mixed fluctuations. Specifically, the buying price increased by VND400,000/tael to VND117 million/tael, while the selling price decreased slightly by VND100,000/tael to VND118.5 million/tael.
Notably, PNJ gold price dropped the most during the day with a decrease of up to 700,000 VND/tael in both directions. Currently, the buying price at PNJ is only 111 million VND/tael, while the selling price is 114 million VND/tael.
SJC gold price at Bao Tin Minh Chau also decreased by VND200,000/tael, with the buying and selling prices being VND115.5 million/tael and VND118.5 million/tael, respectively. Meanwhile, at Phu Quy, the buying price remained at VND115 million/tael, but the selling price dropped sharply by VND700,000/tael, down to VND114 million/tael.
Gold prices today, May 17, 2025, fell sharply across the board, especially at major brands such as SJC, DOJI, PNJ and Phu Quy. This could be a signal of market correction after consecutive price increases. With the sharp decline, this could also be a good opportunity for investors to consider buying, taking advantage of low prices to accumulate gold.
As of 11:30 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 111.0-114.0 million VND/tael (buy - sell); down 700 thousand 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.
Bao Tin Minh Chau listed the price of gold rings at 114.0-117.0 million VND/tael (buy - sell). The difference between the buy and sell prices is 3 million VND/tael.
The latest gold price update table today, May 17, 2025 is as follows:
| Gold price today | ||||
|---|---|---|---|---|
| Buy | Sell | |||
| SJC in Hanoi | 115.5 | ▼200K | 118.5 | ▼200K |
| DOJI Group | 115.5 | ▼200K | 118.5 | ▼200K |
| Red Eyelashes | 117.0 | ▲400 | 118.5 | ▼100K |
| PNJ | 111.0 | ▼700K | 114.0 | ▼700K |
| Vietinbank Gold | 118.5 | ▼200K | ||
| Bao Tin Minh Chau | 115.5 | ▼200K | 118.5 | ▼200K |
| Phu Quy | 115.0 | - | 114.0 | ▼700K |
| 1. DOJI - Updated: May 17, 2025 11:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 115,500 ▼2 00K | 118,500 ▼200K |
| AVPL/SJC HCM | 115,500 ▼2 00K | 118,500 ▼200K |
| AVPL/SJC DN | 115,500 ▼2 00K | 118,500 ▼200K |
| Raw material 9999 - HN | 108,200 ▼7 00K | 111,500 ▼7 00K |
| Raw material 999 - HN | 108,100 ▼7 00K | 111,400 ▼7 00K |
| 2. PNJ - Updated: May 17, 2025 09:30 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 111,000 ▼700K | 114,000 ▼700K |
| HCMC - SJC | 115,500 ▼200K | 118,500 ▼200K |
| Hanoi - PNJ | 111,000 ▼700K | 114,000 ▼700K |
| Hanoi - SJC | 115,500 ▼200K | 118,500 ▼200K |
| Da Nang - PNJ | 111,000 ▼700K | 114,000 ▼700K |
| Da Nang - SJC | 115,500 ▼200K | 118,500 ▼200K |
| Western Region - PNJ | 111,000 ▼700K | 114,000 ▼700K |
| Western Region - SJC | 115,500 ▼200K | 118,500 ▼200K |
| Jewelry gold price - PNJ | 111,000 ▼700K | 114,000 ▼700K |
| Jewelry gold price - SJC | 115,500 ▼200K | 118,500 ▼200K |
| Jewelry gold price - Southeast PNJ | 111,000 ▼700K | |
| Jewelry gold price - SJC | 115,500 ▼200K | 118,500 ▼200K |
| Jewelry gold price - PNJ 999.9 Plain Ring | 111,000 ▼700K | |
| Jewelry gold price - Kim Bao Gold 999.9 | 111,000 ▼700K | 114,000 ▼700K |
| Jewelry gold price - Phuc Loc Tai Gold 999.9 | 111,000 ▼700K | 114,000 ▼700K |
| Jewelry gold price - Jewelry gold 999.9 | 111,000 ▼700K | 113,500 ▼700K |
| Jewelry gold price - Jewelry gold 999 | 110,890 ▼700K | 113,390 ▼700K |
| Jewelry gold price - Jewelry gold 9920 | 110,190 ▼700K | 112,690 ▼700K |
| Jewelry gold price - Jewelry gold 99 | 109,970 ▼690K | 112,470 ▼690K |
| Jewelry gold price - 750 gold (18K) | 77,780 ▼520K | 85,280 ▼520K |
| Jewelry gold price - 585 gold (14K) | 59,050 ▼410K | 66,550 ▼410K |
| Jewelry gold price - 416 gold (10K) | 39,870 ▼290K | 47,370 ▼290K |
| Jewelry gold price - 916 gold (22K) | 101,570 ▼640K | 104,070 ▼640K |
| Jewelry gold price - 610 gold (14.6K) | 61,890 ▼420K | 69,390 ▼420K |
| Jewelry gold price - 650 gold (15.6K) | 66,430 ▼450K | 73,930 ▼450K |
| Jewelry gold price - 680 gold (16.3K) | 69,830 ▼480K | 77,330 ▼480K |
| Jewelry gold price - 375 gold (9K) | 35,210 ▼270K | 42,710 ▼270K |
| Jewelry gold price - 333 gold (8K) | 30,110 ▼230K | 37,610 ▼230K |
| 3. SJC - Updated: 17/5/2025 11:00 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 115,500 ▼200K | 118,500 ▼200K |
| SJC gold 5 chi | 115,500 ▼200K | 118,520 ▼200K |
| SJC gold 0.5 chi, 1 chi, 2 chi | 115,500 ▼200K | 118,530 ▼200K |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 111,000 ▼700K | 114,000 ▼700K |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 111,000 ▼700K | 113,400 ▼700K |
| Jewelry 99.99% | 111,000 ▼700K | 113,400 ▼700K |
| Jewelry 99% | 107,777 ▼693K | 112,277 ▼693K |
| Jewelry 68% | 70,769 ▼476K | 77,269 ▼476K |
| Jewelry 41.7% | 40,942 ▼291K | 47,442 ▼291K |
Update gold price today May 17, 2025 latest on the world market
At the time of trading at 11:30 a.m. on May 17, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,198.67 USD/ounce. Converted according to the USD exchange rate on the free market (26,110 VND/USD), the world gold price is equivalent to about 101.2 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (115.7-118.5 million VND/tael), the SJC gold price is currently about 17.3 million higher than the international gold price.
The world gold price today recorded a sharp decline, marking the worst week in the past 6 months. As of 16:33 (GMT), the spot gold price decreased by 0.9%, down to 3,210.19 USD/ounce. Overall, the gold price lost more than 3% of its value for the week, the sharpest decline since November 2024.
The main reason for the sharp decline in gold prices was the strengthening of the US dollar and positive signals from the interim trade deal between the US and China. According to Nitesh Shah, commodity strategist at WisdomTree, optimism about trade negotiations has reduced demand for gold, which is considered a safe haven asset in times of uncertainty. At the same time, the strengthening of the US dollar makes gold less attractive to investors holding other currencies.
This week, the US and China reached an agreement to temporarily reduce retaliatory tariffs imposed since April, which has improved investor sentiment in global financial markets. However, the recovery of the US dollar, with its fourth consecutive weekly gain, continued to put pressure on gold prices.
Gold hit a record high of $3,500.05 an ounce last month, buoyed by central bank buying, trade war concerns and strong investment demand. However, recent economic optimism and trade talks have dented some of the appeal of the metal.
Still, some experts say gold prices could find support in the near term. Signs of slowing inflation and weaker-than-expected economic data in the United States last week have bolstered expectations that the Federal Reserve will cut interest rates again this year. Low interest rates are generally good for gold, as the precious metal does not yield interest but is seen as a safe store of value.
Despite the decline in gold prices this week, investors continued to buy on dips, suggesting that gold remains a popular asset amid uncertainty over global growth and inflation, said Tim Waterer, market analyst at KCM Trade.
Besides gold, other precious metals also recorded losses today. Silver prices fell 1.2% to $32.28 an ounce, while platinum fell 0.4% to $985.30 an ounce, and palladium fell 1% to $958.56 an ounce.
In general, the gold price today, May 17, 2025, on the world market is under a lot of pressure from the recovery of the USD and the optimism about global trade. However, gold still plays an important role in the investment portfolio of many investors, especially in the context of economic and inflation fluctuations.
News, gold price trends today May 17, 2025 domestic and world gold prices
Gold prices continued to fall today, May 17, 2025, according to Kitco, due to deteriorating US consumer sentiment. A report from the University of Michigan showed that the May sentiment index only reached 50.8 points, lower than April's 52.2 points and below expectations of 53.4 points. Consumer sentiment has fallen nearly 30% since the beginning of 2025, reflecting economic concerns.
Inflation expectations in the US were high, while housing starts rose slightly last month, rising 1.6% to 1.361 million units. However, compared to the same month last year, they fell 1.7%, with single-family homes falling 2.1%. Building permits also fell, indicating weak housing demand due to high interest rates, increasing the appeal of gold as a safe-haven asset.
The “In Gold We Trust” report from Incrementum AG forecasts gold prices to reach $4,800 an ounce by 2030. Uncontrolled inflation and rapidly rising global debt make gold an important monetary asset. Low interest rates undermine investor confidence, boosting demand for gold as a financial hedge.
Gold prices today, May 17, 2025, are supported by geopolitical instability, falling consumer sentiment and rising inflation. These factors create momentum for the gold market. As a safe asset, gold is considered an attractive choice in the next decade, especially in the context of global financial and political volatility.
Source: https://baoquangnam.vn/gia-vang-hom-nay-17-5-2025-gia-vang-trong-nuoc-va-the-gioi-gap-song-gio-dien-bien-trong-mat-3154941.html
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