Domestic gold price today 5/20/2025
At the time of survey at 4:30 a.m. on May 20, 2025, domestic gold prices increased again compared to yesterday. Specifically:
DOJI Group listed the price of SJC gold bars at 116.8-119.3 million VND/tael (buy - sell), an increase of 1.3 million VND/tael for buying and 800 thousand VND/tael for selling compared to yesterday.
At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 116.8-119.3 million VND/tael (buy - sell), the gold price increased by 1.3 million VND/tael for buying - increased by 800 thousand VND/tael for selling compared to yesterday.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 117.5-119 million VND/tael for buying and selling. Compared to yesterday, the gold price increased unchanged in buying price - increased by 500 thousand VND/tael for selling price.
SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 116.8-119.3 million VND/tael (buy - sell), the price increased by 1.3 million VND/tael for buying - increased by 800 thousand VND/tael for selling compared to yesterday.
SJC gold price in Phu Quy is traded by businesses at 116.3-119.3 million VND/tael (buy - sell), gold price increased by 1.3 million VND/tael for buying - increased by 800 thousand VND/tael for selling compared to yesterday.
As of 4:30 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 111.5-114.5 million VND/tael (buy - sell); the price increased by 500 thousand VND/tael in both buying and selling directions compared to yesterday.
Bao Tin Minh Chau listed the price of gold rings at 114.2-117.2 million VND/tael (buy - sell); an increase of 200 thousand VND/tael in both buying and selling directions compared to yesterday.
The latest gold price list today, May 20, 2025 is as follows:
| Gold price today | May 20, 2025 (million dong) | Difference (thousand dong/tael) | ||
| Buy | Sell | Buy | Sell | |
| SJC in Hanoi | 116.8 | 119.3 | +1300 | +800 |
| DOJI Group | 116.8 | 119.3 | +1300 | +800 |
| Red Eyelashes | 117 | 118.5 | +300 | +300 |
| PNJ | 116.8 | 119.3 | +1300 | +800 |
| Vietinbank Gold | 119.3 | +800 | ||
| Bao Tin Minh Chau | 116.8 | 119.3 | +1300 | +800 |
| Phu Quy | 116.3 | 119.3 | +1300 | +800 |
| 1. DOJI - Updated: 5/20/2025 04:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Domestic gold price | Buy | Sell |
| AVPL/SJC HN | 116,800 ▲1300K | 119,300 ▲800K |
| AVPL/SJC HCM | 116,800 ▲1300K | 119,300 ▲800K |
| AVPL/SJC DN | 116,800 ▲1300K | 119,300 ▲800K |
| Raw material 9999 - HN | 108,700 ▲500K | 112,000 ▲500K |
| Raw material 999 - HN | 108,600 ▲500K | 111,900 ▲500K |
| 2. PNJ - Updated: May 20, 2025 04:30 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 111,500 ▲500K | 114,500 ▲500K |
| HCMC - SJC | 116,800 ▲1300K | 119,300 ▲800K |
| Hanoi - PNJ | 111,500 ▲500K | 114,500 ▲500K |
| Hanoi - SJC | 116,800 ▲1300K | 119,300 ▲800K |
| Da Nang - PNJ | 111,500 ▲500K | 114,500 ▲500K |
| Da Nang - SJC | 116,800 ▲1300K | 119,300 ▲800K |
| Western Region - PNJ | 111,500 ▲500K | 114,500 ▲500K |
| Western Region - SJC | 116,800 ▲1300K | 119,300 ▲800K |
| Jewelry gold price - PNJ | 111,500 ▲500K | 114,500 ▲500K |
| Jewelry gold price - SJC | 116,800 ▲1300K | 119,300 ▲800K |
| Jewelry gold price - Southeast | PNJ | 111,500 ▲500K |
| Jewelry gold price - SJC | 116,800 ▲1300K | 119,300 ▲800K |
| Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 111,500 ▲500K |
| Jewelry gold price - Kim Bao Gold 999.9 | 111,500 ▲500K | 114,500 ▲500K |
| Jewelry gold price - Phuc Loc Tai Gold 999.9 | 111,500 ▲500K | 114,500 ▲500K |
| Jewelry gold price - Jewelry gold 999.9 | 111,500 ▲500K | 114,000 ▲500K |
| Jewelry gold price - Jewelry gold 999 | 111,390 ▲500K | 113,890 ▲500K |
| Jewelry gold price - Jewelry gold 9920 | 110,690 ▲500K | 113,190 ▲500K |
| Jewelry gold price - Jewelry gold 99 | 110,460 ▲490K | 112,960 ▲490K |
| Jewelry gold price - 750 gold (18K) | 78,150 ▲370K | 85,650 ▲370K |
| Jewelry gold price - 585 gold (14K) | 59,340 ▲290K | 66,840 ▲290K |
| Jewelry gold price - 416 gold (10K) | 40,070 ▲200K | 47,570 ▲200K |
| Jewelry gold price - 916 gold (22K) | 102,020 ▲450K | 104,520 ▲450K |
| Jewelry gold price - 610 gold (14.6K) | 62,190 ▲300K | 69,690 ▲300K |
| Jewelry gold price - 650 gold (15.6K) | 66,750 ▲320K | 74,250 ▲320K |
| Jewelry gold price - 680 gold (16.3K) | 70,170 ▲340K | 77,670 ▲340K |
| Jewelry gold price - 375 gold (9K) | 35,400 ▲190K | 42,900 ▲190K |
| Jewelry gold price - 333 gold (8K) | 30,270 ▲160K | 37,770 ▲160K |
| 3. SJC - Updated: 5/20/2025 04:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 116,800 ▲1300K | 119,300 ▲800K |
| SJC gold 5 chi | 116,800 ▲1300K | 119,320 ▲800K |
| SJC gold 0.5 chi, 1 chi, 2 chi | 116,800 ▲1300K | 119,330 ▲800K |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 111,500 ▲500K | 114,500 ▲500K |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 111,500 ▲500K | 114,600 ▲500K |
| Jewelry 99.99% | 111,500 ▲500K | 113,900 ▲500K |
| Jewelry 99% | 108,272 ▲495K | 112,772 ▲495K |
| Jewelry 68% | 71,109 ▲340K | 77,609 ▲340K |
| Jewelry 41.7% | 41,151 ▲208K | 47,651 ▲208K |
World gold price today 5/20/2025 and world gold price fluctuation chart in the past 24 hours
According to Kitco, the world gold price recorded at 4:30 a.m. today, Vietnam time, was 3,232.22 USD/ounce. Today's gold price increased by 38.1 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,130 VND/USD), the world gold price is about 102.91 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 16.39 million VND/tael higher than the international gold price.
The world gold price has just increased again thanks to the weakening USD and the demand for safe assets after Moody's downgraded the US government's credit rating. At the same time, trade tensions continue to make investors cautious. Specifically, the spot gold price increased by 1.06%, while the gold futures price in the US also increased by 1.7% to 3,242.6 USD.
According to analyst Fawad Razaqzada of City Index and FOREX.com, the main reason for the gold price increase is the downgrade of the US credit rating by Moody's. He said: "The US dollar is weakening across the board, while bond yields are rising due to the government selling off its debt. This is causing the market to tend to reduce risk."
Risk-off sentiment gripped markets as the new trading week began. Credit rating agency Moody's downgraded the US's long-term debt rating from "Aaa" to "Aa1" late last week, citing high federal debt and persistent budget deficits. This officially caused the US to lose its "perfect" rating from all three of the world's largest rating agencies, after Fitch and S&P Global.
The dollar fell 0.8%, making gold cheaper for foreign investors. Tensions escalated when US Treasury Secretary Bessent warned of higher import tariffs if the partners did not negotiate seriously.
Meanwhile, new economic data from China showed that the trade war with the United States is taking a toll on the country’s economy, adding to worries in global financial markets. Official data released on May 19 showed that China’s industrial output and retail sales growth slowed in April.
Goldman Sachs predicts that gold prices could reach $3,700 an ounce by the end of the year and $4,000 an ounce by mid-2026, despite the US Federal Reserve's slow pace of interest rate cuts and the reduced risk of a US recession. Meanwhile, President Trump has called on the Fed to cut interest rates soon to support the economy.
Other precious metals also moved higher, with silver up 0.7% to $32.50 an ounce, palladium down 0.3% to $957.74, and platinum up 0.9% to $996.45. The World Platinum Investment Council said demand for platinum jewelry in China was increasing, making the global supply shortage more severe than expected.
Gold Price Forecast
Gold prices fell 4.25% last week, its biggest weekly decline since November. Technical indicators suggest gold is overbought, but that may not stop investors from taking profits, said Marc Chandler of Bannockburn Global Forex.
According to Mr. Chandler's analysis, if the gold price breaks the threshold of 3,120 USD, it is likely to continue to fall deeply to the range of 3,030-3,045 USD/ounce. This development occurs in the context of unpredictable fluctuations in US bond interest rates, while the USD has continuously increased in price for four consecutive weeks.
Gold is losing its appeal as a “safe haven” due to less volatility in financial markets, said Alex Kuptsikevich of FxPro, which has seen prices fall to a low of around $3,120 an ounce. He said the recent correction could be the start of a deeper bear market after three years of continuous gains.
Another reason for the decline in gold prices is that money is shifting to the stock market. In addition, high government bond yields also reduce the appeal of gold - an asset that does not provide fixed returns.
Ricardo Evangelista from ActivTrades believes that gold prices may continue to decline slightly as investor sentiment improves. However, the decline may not be as strong as before. The reason is that the recently released US economic data is weaker than expected, leading the market to expect the Fed to cut interest rates soon. This puts downward pressure on the USD and Treasury bonds, thereby indirectly supporting gold prices.
Despite the volatility in the short-term market, Ole Hansen from Saxo Bank asserted that the fundamental factors supporting gold prices remain unchanged. Specifically, demand for gold from central banks, geopolitical risks, concerns about public debt and inflation will continue to support gold prices in the long term.
In the coming days, the market will focus on the statements of Fed officials and important economic data such as unemployment rate, PMI index and home sales in the US. These factors will help investors have a clearer view of the gold price trend in the coming time.
Source: https://baonghean.vn/gia-vang-hom-nay-20-5-gia-vang-tang-1-3-trieu-chieu-mua-10297705.html
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