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Gold price today 5/24/2025: Towards a week of strong price increases

(Baohatinh.vn) - Gold price today, May 24, 2025: Gold price increased by nearly 2% and is heading for the best week in the past 6 weeks, as investors flocked to safe assets due to new tax warnings from US President Donald Trump, along with the weakening of the USD.

Báo Hà TĩnhBáo Hà Tĩnh24/05/2025

Gold price today 5/24/2025

At the time of survey at 4:30 a.m. on May 24, 2025, the gold price was listed by some businesses specifically as follows:

The price of SJC gold bars was listed by Saigon Jewelry Company Limited, DOJI Group, Bao Tin Minh Chau and PNJ at 118.5-120.5 million VND/tael (buy - sell), the price remained unchanged in both buying and selling directions compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 117.5-120.5 million VND/tael (buy - sell), gold price decreased 300,000 VND/tael in both buying and selling directions compared to yesterday.

gia-vang4-1659072534879718472024-1712444046.jpg
Gold price today 05/24/2025.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 118.5-120.2 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 500,000 VND/tael for buying and 200,000 VND/tael for selling.

The latest gold price list today, May 24, 2025 is as follows:

Gold price today May 24, 2025
(million dong)
Difference
(thousand dong/tael)
Buy Sell Buy Sell
SJC in Hanoi 118.5 120.5 - -
DOJI Group 118.5 120.5 - -
Red Eyelashes 118.5 120.2 +500 +200
PNJ 118.5 120.5 - -
Vietinbank Gold 120.5 -
Bao Tin Minh Chau 118.5 120.5 - -
Phu Quy 117.5 120.5 -300 -300
1. DOJI - Updated: May 23, 2025 15:35 - Source website time - ▼/▲ Compared to yesterday.
Type Buy Sell
AVPL/SJC HN 118,500 120,500
AVPL/SJC HCM 118,500 120,500
AVPL/SJC DN 118,500 120,500
Raw material 9999 - HN 10,790 11,300
Raw material 999 - HN 10,780 11,290
2. PNJ - Source website time - ▼/▲ Compared to yesterday.
Type Buy Sell
HCMC - PNJ 112,500 115,500
HCMC - SJC 118,500 120,500
Hanoi - PNJ 112,500 115,500
Hanoi - SJC 118,500 120,500
Da Nang - PNJ 112,500 115,500
Da Nang - SJC 118,500 120,500
Western Region - PNJ 112,500 115,500
Western Region - SJC 118,500 120,500
Jewelry gold price - PNJ 112,500 115,500
Jewelry gold price - SJC 118,500 120,500
Jewelry gold price - Southeast PNJ 112,500
Jewelry gold price - SJC 118,500 120,500
Jewelry gold price - Jewelry gold price PNJ 999.9 Plain Ring 112,500
Jewelry gold price - Kim Bao Gold 999.9 112,500 115,500
Jewelry gold price - Phuc Loc Tai Gold 999.9 112,500 115,500
Jewelry gold price - Jewelry gold 999.9 112,000 114,500
Jewelry gold price - Jewelry gold 999 111,890 114,390
Jewelry gold price - Jewelry gold 9920 111,180 113,680
Jewelry gold price - Jewelry gold 99 110,960 113,460
Jewelry gold price - 750 gold (18K) 78,530 86,030
Jewelry gold price - 585 gold (14K) 59,630 67,130
Jewelry gold price - 416 gold (10K) 40,280 47,780
Jewelry gold price - 916 gold (22K) 102,480 104,980
Jewelry gold price - 610 gold (14.6K) 62,500 70,000
Jewelry gold price - 650 gold (15.6K) 67,080 74,580
Jewelry gold price - 680 gold (16.3K) 70,510 78,010
Jewelry gold price - 375 gold (9K) 35,590 43,090
Jewelry gold price - 333 gold (8K) 30,440 37,940
3. AJC - Updated: 23/05/2025 00:00 - Source website time - ▼/▲ Compared to yesterday.
Type Buy Sell
Jewelry 99.99 11,040 11,490
99.9 Jewelry 11,030 11,480
NL 99.99 10,700
Round ring not sealed in blister T.Binh 10,700
Round, 3A, Yellow T.Bình 11,250 11,550
Round, 3A, Yellow N.An 11,250 11,550
Round N., 3A, Yellow Street, Hanoi 11,250 11,550
SJC Thai Binh pieces 11,850 12,050
SJC Nghe An pieces 11,850 12,050
SJC Hanoi Piece 11,850 12,050

World gold price today 5/24/2025 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 at 3,358.42 USD/ounce. Today's gold price increased by 1.72% compared to yesterday. Converted according to the USD exchange rate on the free market (26,230 VND/USD), the world gold price is about 106.2 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is about 14.3 million VND/tael higher than the international gold price.

Diễn biến giá vàng thế giới trong 24h qua.

World gold price developments in the past 24 hours.

“President Trump has been shaking up the markets in the last 24 hours,” said Tai Wong, an independent metals trader. “His threat to impose 50% tariffs on EU goods from June 1, his pressure on Apple and his criticism of Harvard have sent equities into a negative mood, which is good for gold. The return of tariff concerns on a low-volume day ahead of a long holiday could amplify price volatility.”

Global stock markets plunged after Mr Trump proposed a 50% tariff on imports from the European Union starting June 1. He also announced that Apple would be subject to a 25% tariff on iPhones sold in the US but not manufactured domestically.

The dollar index (.DXY) fell 0.7%, making greenback-denominated gold cheaper for investors holding other currencies.

Earlier on Thursday, the Republican-controlled US House of Representatives passed a massive tax and spending bill that is expected to add trillions of dollars to the country's national debt.

Gold’s appeal as a safe haven asset is heightened amid geopolitical and economic uncertainty. “If gold breaks above $3,500, we could see a strong rally to $3,800,” said Daniel Pavilonis, senior market strategist at RJO Futures.

Platinum rose 1.2% to $1,094.25 in the session, its highest since May 2023.

“Platinum inventories in the market are very low right now and that is causing a physical shortage,” said Giovanni Staunovo, an analyst at UBS.

Spot gold and silver rose 0.8% to $33.33 an ounce, while palladium fell 1.5% to $999.29. Both precious metals posted weekly gains.

Source: https://baohatinh.vn/gia-vang-hom-nay-2452025-huong-toi-tuan-tang-gia-manh-post288448.html


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