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Gold price today May 26, 2025: Domestic and world gold prices are expected to drop unexpectedly after the latest directive

Gold price today May 26, 2025: Domestic and world gold prices increased by nearly 5% this week, the strongest increase since the beginning of April. However, it is forecasted that domestic gold prices today will have more unexpected developments after the latest direction of Prime Minister Pham Minh Chinh on the evening of May 24: Bringing the difference between gold prices and the world to 1-2%

Báo Nghệ AnBáo Nghệ An26/05/2025

Domestic gold price today 5/26/2025

At the time of survey at 4:30 a.m. on May 26, 2025, domestic gold prices are forecast to decrease sharply after the Prime Minister 's direction. Specifically:

DOJI Group listed the price of SJC gold bars at 119-121 million VND/tael (buy - sell), the price remained unchanged in both buying and selling directions compared to yesterday. However, the price increased by 3.5 million VND/tael in buying direction - increased by 2.5 million VND/tael in selling direction compared to the beginning of last week.

At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 119-121 million VND/tael (buy - sell), the price remained unchanged in both buying and selling directions compared to yesterday and increased by 3.5 million VND/tael in buying direction - increased by 2.5 million VND/tael in selling direction compared to last week.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 119-120.5 million VND/tael for buying and selling. Compared to yesterday, the gold price remained unchanged in both buying and selling compared to yesterday. The gold price increased by 2.3 million VND/tael in both buying and selling compared to last week.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 119-121 million VND/tael (buy - sell), the price remains unchanged in both buying and selling directions compared to yesterday; increased 3.5 million VND/tael in buying direction - increased 2.5 million VND/tael in selling direction compared to last week.

SJC gold price in Phu Quy is traded by businesses at 118-121 million VND/tael (buy - sell), gold price is unchanged in both buying and selling directions compared to yesterday. Gold price increased by 3 million VND/tael in buying direction - increased by 2.5 million VND/tael in selling direction compared to Monday last week.

Gold price today May 26: Gold price this week increased by half a million profit

As of 4:30 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 113.5-116 million VND/tael (buy - sell); the price remains unchanged in both buying and selling directions compared to yesterday; the price increased by 2.5 million VND/tael in buying direction - increased by 2 million VND/tael in selling direction compared to the beginning of last week.

Bao Tin Minh Chau listed the price of gold rings at 115.5-118.5 million VND/tael (buy - sell); unchanged in both buying and selling directions compared to yesterday; increased by 1.5 million VND/tael in both buying and selling directions compared to the beginning of last week.

The latest gold price list today, May 26, 2025 is as follows:

Gold price today
May 26, 2025
(million dong)
Difference
(thousand dong/tael)
Buy
Sell
Buy
Sell
SJC in Hanoi
119 121
- -
DOJI Group
119
121
-
-
Red Eyelashes
119 120.5
- -
PNJ
119
121
- -
Vietinbank Gold
121

-
Bao Tin Minh Chau
119
121
- -
Phu Quy 118 121
- -
1. DOJI - Updated: May 26, 2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
Domestic gold price Buy Sell
AVPL/SJC HN 119,000 121,000
AVPL/SJC HCM 119,000 121,000
AVPL/SJC DN 119,000 121,000
Raw material 9999 - HN 108,900 113,500
Raw material 999 - HN 108,800 113,400
2. PNJ - Updated: May 26, 2025 04:30 - Time of the source website - ▼/▲ Compared to yesterday.
Type Buy Sell
SJC 999.9 gold bar 11,900 12,100
PNJ 999.9 Plain Ring 11,300 11,600
Kim Bao Gold 999.9 11,300 11,600
Gold Phuc Loc Tai 999.9 11,300 11,600
999.9 gold jewelry 11,250 11,500
999 gold jewelry 11,239 11,489
9920 jewelry gold 11,168 11,418
99 gold jewelry 11,145 11,395
750 Gold (18K) 7,890 8,640
585 Gold (14K) 5,993 6,743
416 Gold (10K) 4,049 4,799
PNJ Gold - Phoenix 11,300 11,600
916 Gold (22K) 10,294 10,544
610 Gold (14.6K) 6,280 7,030
650 Gold (15.6K) 6,740 7,490
680 Gold (16.3K) 7,085 7,835
375 Gold (9K) 3,578 4,328
333 Gold (8K) 3,060 3,810
3. SJC - Updated: 5/26/2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG 119,000 121,000
SJC gold 5 chi 119,000 121,020
SJC gold 0.5 chi, 1 chi, 2 chi 119,000 121,030
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi 113,500 116,000
SJC 99.99% gold ring 0.5 chi, 0.3 chi 113,500 116,100
Jewelry 99.99% 113,500 115,400
Jewelry 99% 109,757 114,257
Jewelry 68% 72,129 72,129
Jewelry 41.7% 41,776 41,776

World gold price today May 26, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 am today, Vietnam time, was at 3,358.12 USD/ounce. Today's gold price remained unchanged compared to yesterday but increased by 159.45 USD/ounce compared to last week. Converted according to the USD exchange rate at Vietcombank (26,130 VND/USD), the world gold price is about 109.75 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 11.25 million VND/tael higher than the international gold price.

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On the evening of May 24, Prime Minister Pham Minh Chinh chaired a meeting of the Government Standing Committee to discuss the management of the gold market. At the meeting, the Prime Minister pointed out many prominent issues in recent times such as the large gap between domestic and international gold prices, hoarding and price manipulation by some businesses, complicated smuggling activities and lax management in some places.

Faced with this situation, the Prime Minister requested the State Bank to urgently reduce the difference between domestic and international gold prices to about 1-2%, instead of over 10% as it is now. In addition, there should be solutions to increase supply, limit speculative demand, tighten inspection, and strictly handle acts of smuggling, speculation, and price inflation that cause market instability.

The Prime Minister also requested urgent amendments to Decree 24/2012/ND-CP on gold trading management according to simplified procedures, to be completed in June 2025. In the long term, the Government plans to study the establishment of a gold trading floor so that people can freely trade and buy and sell. At the same time, it is necessary to clearly separate the role of state management from gold production and trading activities.

Earlier this week, the world gold price had an interesting development when it increased by nearly 5% as many investors began to doubt the safety of global bonds. The main reason came from investors looking for alternative safe assets, when confidence in the USD and US bonds began to decline.

It all started late last week, when Moody's downgraded the US sovereign debt rating. In the final minutes of trading that week, gold broke through a key resistance level of $3,200 an ounce. By the end of this week, the precious metal continued to rise in price to over $3,300.

Midweek, demand for gold unexpectedly surged after the US Treasury Department’s unsuccessful 20-year bond auction. This event caused a domino effect, pushing the 30-year bond yield above 5%. At the same time, the US dollar also fell, hitting a three-week low of 99 points.

Gold prices have also benefited from the turmoil in the US, with analysts warning that rising bond yields in Japan could upset the yen carry trade, leading to liquidity problems globally. In this context, gold is increasingly asserting its position as a preferred safe haven asset.

The week will start late due to the Memorial Day holiday on Monday (May 27), but the market will still receive a series of important economic data that can have a strong impact on gold prices. On Tuesday, investors will pay attention to the US durable goods orders report for April and the consumer confidence index for May. On the same day, the Reserve Bank of New Zealand will make its monetary policy decision.

On Wednesday, the Fed releases the minutes of its May meeting. Thursday is a busy day with jobless claims, a preliminary report on first-quarter GDP growth and pending home sales. Later in the week, the core PCE index is released. All are important indicators of the health of the US economy.

Gold Price Forecast

With the implementation of the latest directive of Prime Minister Pham Minh Chinh, the domestic gold price is expected to suddenly decrease sharply despite signals from the world market. Currently, the difference between gold price and the world price is up to more than 10%, so a short-term price decrease is inevitable.

Bullish sentiment is returning to the gold market, with both Wall Street analysts and retail investors expecting gold prices to continue rising next week after a recent impressive rally, according to the latest Kitco News Gold Survey.

Kitco's survey of 16 Wall Street financial professionals found that none had a bearish forecast. Of those, 13, or 81%, predicted gold prices would rise. The remaining three said prices would stay the same, and none said they would fall. In the online survey of 245 retail investors, 63% said they expected gold prices to continue rising. Another 21% said prices could fall, while 16% said they expected gold to be stable next week.

Mr. Rich Checkan, Chairman and CEO of investment consulting firm Asset Strategies International, assessed that gold prices are in the process of accumulation and preparing to break out. According to him, the main reason is that Moody's has just downgraded the credit rating of US government bonds, combined with the possibility that the US will pass a large-scale spending bill that increases the budget deficit.

Checkan also said that the rise in gold and silver prices ahead of the holidays is usually a positive sign. Times of low liquidity are also times of volatility, and investors want to be in position before that happens. The current positive sentiment shows that confidence in the gold price trend is firmly entrenched among both professionals and retail investors.

Ole Hansen, head of commodity strategy at Saxo Bank, said that last week's close above $3,355 an ounce could mark the end of a short-term correction. However, he warned that bond market sentiment may be too bearish. "My concern is that we have reached the peak of the bond bear market, which could trigger a flight to risk assets."

Gold prices may be supported by safe-haven demand after former US President Donald Trump threatened to increase tariffs on European imports to 50% from June 1. "Today's tariff threat is a stark reminder that this trade war is not over, and the US economy will suffer the consequences - which I think is good for gold," he said.

A weaker US dollar is also supporting gold, said David Morrison, senior analyst at Trade Nation. However, he cautioned that the market is fairly neutral at the moment and that gold could move either way. While there are reasons to hold gold as a safe haven, he stressed that nothing is certain and a correction is still possible.

Some experts believe that the US Memorial Day holiday may help ease market tensions temporarily, leading many investors to take short-term profits in gold. However, in the long term, if trade tensions and economic uncertainty continue to escalate, gold can still maintain its upward momentum.

Source: https://baonghean.vn/gia-vang-hom-nay-26-5-2025-gia-vang-trong-nuoc-va-the-gioi-du-bao-giam-bat-ngo-sau-chi-dao-moi-nhat-10298197.html


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