Gold price today May 28, 2025 plummeted, losing the peak of 3,300 USD after the decision to withdraw the threat of imposing tariffs on the European Union

Update the latest gold price details today, May 28, 2025 in the domestic market

At the time of survey on May 28, 2025, the price of SJC gold bars was listed by Saigon Jewelry Company Limited at VND 115.8 million/tael (buy) and VND 118.3 million/tael (sell).

DOJI Group also adjusted the price of SJC gold bars down sharply. At DOJI system, the current buying price is 115.8 million VND/tael.

At Mi Hong Jewelry Company, SJC gold bar price is traded at 116.5 million VND/tael (buy) and 118.5 million VND/tael (sell).

PNJ system also recorded a similar decrease. SJC gold price at PNJ is listed at 111.3 million VND/tael (buy) and 114.4 million VND/tael (sell).

In Phu Quy, the gold price today decreased to 115.3 million VND/tael (buy) and 118.3 million VND/tael (sell).

In addition, jewelry gold also recorded a sharp downward trend. 99.99% jewelry gold is currently traded at VND111 million/tael (buy) and VND113.4 million/tael (sell). Other jewelry gold types include 99% gold, 68% gold and 41.7% gold.

Gold plunges below $3,300 after EU withdraws threat to impose tariffs

As of 4:30 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 111.3-114.0 million VND/tael (buy - sell). The difference between the buy and sell prices is at 2.7 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 113.8-116.8 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 27, 2025 is as follows:

Gold price today
	Buy		Sell
SJC in Hanoi	115.8	-	118.3	-
DOJI Group	115.8	-	118.0	-
Red Eyelashes	116.5	-	118.5	-
PNJ	111.3	-	114.4	-
Vietinbank Gold			118.3	-
Bao Tin Minh Chau	115.8	-	118.3	-
Phu Quy	115.3	-	118.3	-

1. DOJI - Updated: May 28, 2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
Type	Buy	Sell
AVPL/SJC HN	115,800	118,300
AVPL/SJC HCM	115,800	118,300
AVPL/SJC DN	115,800	118,300
Raw material 9999 - HN	107,300	111,500
Raw material 999 - HN	107,200	111,400

2. PNJ - Updated: May 28, 2025 04:30 - Time of the source website - ▼/▲ Compared to yesterday.
Type	Buy	Sell
HCMC - PNJ	111,300	114,400
HCMC - SJC	115,800	118,300
Hanoi - PNJ	111,300	114,400
Hanoi - SJC	115,800	118,300
Da Nang - PNJ	111,300	114,400
Da Nang - SJC	115,800	118,300
Western Region - PNJ	111,300	114,400
Western Region - SJC	115,800	118,300
Jewelry gold price - PNJ	111,300	114,400
Jewelry gold price - SJC	115,800	118,300
Jewelry gold price - Southeast	PNJ	111,300
Jewelry gold price - SJC	115,800	118,300
Jewelry gold price - Jewelry gold price	PNJ 999.9 Plain Ring	111,300
Jewelry gold price - Jewelry gold 999.9	111,300	113,800
Jewelry gold price - Jewelry gold 999	111,190	113,690
Jewelry gold price - Jewelry gold 99	110,260	112,760
Jewelry gold price - 916 gold (22K)	101,840	104,340
Jewelry gold price - 750 gold (18K)	78,000	85,500
Jewelry gold price - 680 gold (16.3K)	70,030	77,530
Jewelry gold price - 650 gold (15.6K)	66,620	74,120
Jewelry gold price - 610 gold (14.6K)	62,070	69,570
Jewelry gold price - 585 gold (14K)	59,220	66,720
Jewelry gold price - 416 gold (10K)	39,990	47,490
Jewelry gold price - 375 gold (9K)	35,330	42,830
Jewelry gold price - 333 gold (8K)	30,200	37,700

3. SJC - Updated: 5/28/2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG	115,800	118,300
SJC gold 5 chi	115,800	118,320
SJC gold 0.5 chi, 1 chi, 2 chi	115,800	118,330
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi	111,000	114,000
SJC 99.99% gold ring 0.5 chi, 0.3 chi	111,000	114,100
Jewelry 99.99%	111,000	113,400
Jewelry 99%	107,777	112,277
Jewelry 68%	70,769	77,949
Jewelry 41.7%	40,942	47,442

Update gold price today May 28, 2025 latest on the world market

At the time of trading at 04:00 on May 28, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,293.14 USD/ounce. Converted according to the USD exchange rate on the free market (26,090 VND/USD), the world gold price is equivalent to about 104.19 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (115.8-118.3 million VND/tael), the SJC gold price is currently about 14.1 million higher than the international gold price.

Gold prices fell more than 1% on Tuesday as the US dollar turned higher, adding pressure to the safe-haven asset after US President Donald Trump took a less aggressive stance in his trade war with the European Union.

Spot gold fell 1.2% to $3,304.34 an ounce at 0833 GMT. US gold futures also fell 1.9% to $3,303.40.

Gold prices fell on Monday after President Trump on Sunday backed away from a threat to impose new tariffs on the European Union next month, instead setting a July 9 deadline for trade talks.

"Gold traded lower for a second straight day, with a technical sell-off along the downtrend line... from a record high in April, supported by easing safe-haven demand as stocks rallied after Trump softened his aggressive stance on trade with the EU," said Ole Hansen, head of commodity strategy at Saxo Bank.

The US dollar index (DXY) reversed earlier losses and rose 0.3%, making dollar-denominated gold more expensive for overseas buyers.

Investors are also looking ahead to speeches by several US Federal Reserve officials this week and US core PCE inflation data on Friday to gauge the central bank’s propensity to cut interest rates. Lower interest rates would increase the appeal of non-yielding gold.

“Gold traders will be watching US economic data for signs of a tax-related slowdown and/or rising inflation,” Hansen said.

Investors are now expecting 47 basis points of rate cuts later this year, starting in October.

Additionally, spot silver fell 1% to $33.02 an ounce, platinum fell 0.6% to $1,079.22 and palladium fell 0.8% to $979.48.

Gold price forecast today 5/28/2025

Gold prices on May 28, 2025 are forecast to decrease slightly, the main reason for the decrease in world gold prices is that the US dollar is showing signs of recovery after a period of weakness. When the dollar strengthens, gold prices will become more expensive for international investors, causing downward pressure on prices.

In addition, the market is also waiting for new signals on interest rate policy from the US Federal Reserve (Fed). Investors are watching to see whether the Fed will continue to cut interest rates in the near future, as this will affect the attractiveness of gold - a non-yielding asset.

Concerns about the US fiscal situation also put some pressure on gold prices. According to the Congressional Budget Office, the new tax cut plan passed by the House of Representatives could add $3.8 trillion to the national debt, which has weakened the US dollar and supported gold prices in the past.

However, as the dollar recovers, gold becomes more expensive for international investors, causing downward pressure on prices. Other precious metals such as silver, platinum and palladium are also experiencing similar declines.

Therefore, the forecast for domestic SJC gold price tomorrow, May 28, 2025, will tend to decrease according to the developments of the world gold market. Investors need to closely monitor market information to have appropriate investment strategies.

Source: https://baoquangnam.vn/gia-vang-hom-nay-28-5-2025-lao-doc-mat-dinh-3-300-usd-sau-quyet-dinh-rut-lai-de-doa-ap-dat-cac-muc-thue-len-lien-minh-chau-au-3155603.html