- Update gold price today 5/2/2025 latest in domestic market
- Update gold price today May 2, 2025 latest on the world market
- News, gold price trends today 5/2/2025 domestic and world gold prices
Update gold price today 5/2/2025 latest in domestic market
At the time of survey at 04:00 on May 2, 2025, today's gold price on May 1, 2025 maintained a sideways trend due to the market holiday, maintaining the price around 121 million VND/tael. Below is the latest detailed update of gold prices on May 1, 2025 from reputable businesses:
The price of SJC gold bars at Saigon Jewelry Company Limited - SJC is listed at 119.3-121.3 million VND/tael (buy - sell), the gold price is unchanged in both buying and selling directions compared to yesterday.
At the same time, the price of SJC gold bars in Hanoi listed by PNJ was 119.3-121.3 million VND/tael (buy - sell). The gold price remained the same in both buying and selling directions compared to yesterday.
At DOJI Group, SJC gold bar price is traded at 119.3-121.3 million VND/tael (buy - sell), unchanged in both buying and selling directions compared to yesterday.
SJC gold price at Mi Hong Jewelry Company is listed at 118.0-120.0 million VND/tael (buy - sell). Gold price is unchanged in both buying and selling directions compared to yesterday.
At Bao Tin Minh Chau Company Limited, the price of SJC gold bars is listed at 118.0-121.0 million VND/tael (buy - sell), unchanged in both buying and selling directions compared to yesterday.
SJC gold price in Phu Quy was traded by businesses at 118.3-121.3 million VND/tael (buy - sell), no fluctuations were recorded in both buying and selling directions compared to yesterday.
As of 04:00 today, the price of 999.9 round gold rings at PNJ is listed at 114.0-116.5 million VND/tael (buy - sell), unchanged in both buying and selling directions compared to yesterday.
The price of 999.9 gold jewelry at PNJ is listed at 114.0-116.5 million VND/tael (buy - sell), unchanged in both buying and selling directions compared to yesterday.
As of 4:00 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 114.0-116.5 million VND/tael (buy - sell).
Bao Tin Minh Chau listed the price of gold rings at 116.3-119.6 million VND/tael (buy - sell);
The latest gold price update table today, May 2, 2025 is as follows:
| Gold price today | ||||
|---|---|---|---|---|
| Buy | Sell | |||
| SJC in Hanoi | 119.3 | - | 121.3 | - |
| DOJI Group | 119.3 | - | 121.3 | - |
| Red Eyelashes | 118.0 | - | 120.0 | - |
| PNJ | 114.0 | - | 117.0 | - |
| Vietinbank Gold | 121.3 | - | ||
| Bao Tin Minh Chau | 118.0 | - | 121.0 | - |
| Phu Quy | 118.3 | - | 121.3 | - |
| 1. DOJI - Updated: 05/02/2025 04:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 119,300 | 121,300 |
| AVPL/SJC HCM | 119,300 | 121,300 |
| AVPL/SJC DN | 119,300 | 121,300 |
| Raw material 9999 - HN | 113,800 | 115,600 |
| Raw material 999 - HN | 113,700 | 115,500 |
| 2. PNJ - Updated: 05/02/2025 04:00 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 114,000 | 117,000 |
| HCMC - SJC | 119,300 | 121,300 |
| Hanoi - PNJ | 114,000 | 117,000 |
| Hanoi - SJC | 119,300 | 121,300 |
| Da Nang - PNJ | 114,000 | 117,000 |
| Da Nang - SJC | 119,300 | 121,300 |
| Western Region - PNJ | 114,000 | 117,000 |
| Western Region - SJC | 119,300 | 121,300 |
| Jewelry gold price - PNJ | 114,000 | 117,000 |
| Jewelry gold price - SJC | 119,300 | 121,300 |
| Jewelry gold price - Southeast | 114,000 | - |
| Jewelry gold price - PNJ 999.9 Plain Ring | 114,000 | - |
| Jewelry gold price - Kim Bao Gold 999.9 | 114,000 | 117,000 |
| Jewelry gold price - Phuc Loc Tai Gold 999.9 | 114,000 | 117,000 |
| Jewelry gold price - Jewelry gold 999.9 | 114,000 | 116,500 |
| Jewelry gold price - Jewelry gold 999 | 113,880 | 116,380 |
| Jewelry gold price - Jewelry gold 9920 | 113,170 | 115,670 |
| Jewelry gold price - Jewelry gold 99 | 112,940 | 115,440 |
| Jewelry gold price - 750 gold (18K) | 80,030 | 87,530 |
| Jewelry gold price - 585 gold (14K) | 60,800 | 68,300 |
| Jewelry gold price - 416 gold (10K) | 41,110 | 48,610 |
| Jewelry gold price - 916 gold (22K) | 104,310 | 106,810 |
| Jewelry gold price - 610 gold (14.6K) | 63,720 | 71,220 |
| Jewelry gold price - 650 gold (15.6K) | 68,380 | 75,880 |
| Jewelry gold price - 680 gold (16.3K) | 71,870 | 79,370 |
| Jewelry gold price - 375 gold (9K) | 36,340 | 43,840 |
| Jewelry gold price - 333 gold (8K) | 31,100 | 38,600 |
| 3. SJC - Updated: 05/02/2025 04:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 119,300 | 121,300 |
| SJC gold 5 chi | 119,300 | 121,320 |
| SJC gold 0.5 chi, 1 chi, 2 chi | 119,300 | 121,330 |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 114,000 | 116,500 |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 114,000 | 116,600 |
| Jewelry 99.99% | 114,000 | 115,900 |
| Jewelry 99% | 112,940 | 115,440 |
| Jewelry 75% | 80,030 | 87,530 |
| Jewelry 68% | 71,870 | 79,370 |
| Jewelry 61% | 63,720 | 71,220 |
| Jewelry 58.3% | 60,800 | 68,300 |
| Jewelry 41.7% | 41,110 | 48,610 |
Update gold price today May 2, 2025 latest on the world market
At the time of trading at 04:00 on May 2, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,226.02 USD/ounce. Converted according to the USD exchange rate on the free market (26,180 VND/USD), the world gold price is equivalent to about 102.06 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (119.3-121.3 million VND/tael), the SJC gold price is currently about 19.23 million higher than the international gold price.
The price of gold on the world market today, May 2, 2025, is slightly down from last week's peak. Currently, the spot gold price is down about 2%, down to $3,222.43 per ounce. This is the lowest level in the past two weeks, after the gold price hit a record high of $3,500.05 per ounce last week. This decline comes from a number of factors affecting investor sentiment, especially positive signals in international trade and the holiday season in China, one of the world's largest gold consumers.
One of the reasons for the decline in gold prices is the news of upcoming trade agreements. US President Donald Trump has mentioned the possibility of reaching a trade agreement with India, Japan, South Korea and especially China. These signals have reduced concerns about trade tensions, causing investors to turn less to gold as a safe asset. Instead, they have turned to riskier investment channels, leading some to sell gold to take profits. In addition, a social media account linked to Chinese state media said that the US has contacted to negotiate on the 145% tariff proposed by Mr. Trump. This has further increased hopes for a more stable economic environment.
The gold market is also affected by the Labor Day holiday in China, which lasts until May 6. During this time, gold trading activities in China are almost suspended, causing the gold market to lack a large amount of transactions. This is like a "gap" that makes it difficult for gold prices to increase sharply in the short term. In addition, investors are waiting for the US employment report, scheduled to be released tomorrow. This report will provide important information about the US economic situation, thereby affecting the decision to buy and sell gold.
On the interest rate side, the US Federal Reserve (Fed) said it would keep interest rates unchanged until inflation falls significantly to its 2% target or the labor market shows signs of deterioration. When interest rates are low, gold becomes more attractive because it is not under pressure from interest-bearing assets such as bonds. However, recent data showed that the US economy grew more slowly in the first quarter, while the consumer price index was unchanged. This makes investors cautious, waiting for more information to predict the direction of gold.
Although gold prices are correcting, experts believe that gold still has the potential to increase in price in the long term. Factors such as geopolitical instability and low interest rates will continue to support gold prices. In addition to gold, other precious metals such as silver, platinum and palladium also fluctuated. Silver prices fell slightly to $32.3 per ounce, platinum fell to $963.84, while palladium rose to $948.50. These changes show that the precious metals market is still reacting strongly to global economic and political news.
News, gold price trends today 5/2/2025 domestic and world gold prices
Gold prices today, May 2, 2025, on the world market are falling sharply, down to the lowest level in two weeks. As of the afternoon of May 1, the spot gold price on the Kitco floor reached 3,233.4 USD per ounce, down more than 75 USD compared to the previous day. Converted according to the USD exchange rate at Vietcombank, the world gold price is equivalent to about 103.1 million VND per tael, excluding taxes and fees.
The decline was mainly due to the strengthening of the US dollar and the easing of global trade tensions, which have weakened gold’s appeal as a safe-haven asset. Investors are now focusing on the US jobs report, due on May 2, to predict the Federal Reserve’s interest rate policy. In addition, profit-taking pressure after the sharp increase in April also pushed gold prices down, even though the US economy just recorded negative growth in the first quarter of 2025.
Data from the world's largest gold ETF shows that investment demand for gold is weakening. However, experts say that if the US economy continues to decline and the Fed cuts interest rates in the near future, gold prices could rebound. Currently, the gold market is in a short-term correction phase.
Domestically, SJC gold prices often follow world trends. Therefore, domestic gold prices are likely to decrease slightly in the morning trading session on May 2, 2025.
Source: https://baoquangnam.vn/gia-vang-hom-nay-2-5-2025-gia-vang-trong-nuoc-sut-giam-theo-xu-huong-the-gioi-3153981.html
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