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Gold price today May 3, 2025: Domestic gold price stops at 121.3 million, world gold loses the 3300 USD mark

Gold price today 5/3/2025 remained unchanged because both domestic and international markets were closed. Domestic gold price closed at 121.3 million VND/tael.

Báo Quảng NamBáo Quảng Nam03/05/2025

Index
  • Update the latest gold price details today, May 3, 2025 in the domestic market
  • Update gold price today May 3, 2025 latest on the world market
  • Gold price trend forecast today 5/3/2025

Update the latest gold price details today, May 3, 2025 in the domestic market

At the time of survey at 4:00 a.m. on May 3, 2025, domestic gold prices showed a slight downward trend. Maybe:

The price of SJC gold bars in Hanoi is listed at 119.3-121.3 million VND/tael (buy - sell), unchanged from yesterday.

DOJI Group listed the price of SJC gold at 119.3-121.3 million VND/tael (buy - sell), no change compared to yesterday.

At Mi Hong Jewelry Company, SJC gold price is listed at 118.0-120.0 million VND/tael (buy - sell), unchanged from before.

Gold price at PNJ decreased, with the listed price of 112.0-116.0 million VND/tael (buy - sell), unchanged from yesterday.

Vietinbank Gold listed the selling price at 121.3 million VND/tael, unchanged from before.

Bao Tin Minh Chau recorded the price of 118.1-121.0 million VND/tael (buy - sell), unchanged from yesterday.

Phu Quy listed gold price at 118.3-121.3 million VND/tael (buy - sell), unchanged from the previous day.

Gold price today 3 5 2025 Domestic gold price stops at 121.3 million, world gold loses 3300 USD mark
Gold price today May 3, 2025: Domestic gold price stops at 121.3 million, world gold loses the 3300 USD mark

As of 4:00 a.m. today, the price of 9999 round gold rings at DOJI is listed at 114-116.5 million VND/tael (buy - sell); the price is unchanged in both directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 116.4-119.7 million VND/tael (buy - sell); the gold price remained unchanged compared to yesterday.

The latest gold price update table today, May 2, 2025 is as follows:

Gold price today
BuySell
SJC in Hanoi 119.3 - 121.3 -
DOJI Group 119.3 - 121.3 -
Red Eyelashes 118.0 - 120.0 -
PNJ 112.0 - 116.0 -
Vietinbank Gold 121.3 -
Bao Tin Minh Chau 118.1 - 121.0 -
Phu Quy 118.3 - 121.3 -
1. DOJI - Updated: 05/03/2025 18:30 - Time of the source website - ▼/▲ 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: 05/03/2025 18:30 - Time of the source website - ▼/▲ Compared to yesterday.
Type Buy Sell
HCMC - PNJ 112,000 116,000
HCMC - SJC 118,500 121,300
Hanoi - PNJ 112,000 116,000
Hanoi - SJC 118,500 121,300
Da Nang - PNJ 112,000 116,000
Da Nang - SJC 118,500 121,300
Western Region - PNJ 112,000 116,000
Western Region - SJC 118,500 121,300
Jewelry gold price - PNJ 112,000 116,000
Jewelry gold price - SJC 118,500 121,300
Jewelry gold price - Southeast PNJ 112,000
Jewelry gold price - SJC 118,500 121,300
Jewelry gold price - Jewelry gold price PNJ 999.9 Plain Ring 112,000
Jewelry gold price - Kim Bao Gold 999.9 112,000 116,000
Jewelry gold price - Phuc Loc Tai Gold 999.9 112,000 116,000
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. SJC - Updated: 05/03/2025 18:30 - Time of the source website - ▼/▲ 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% 110,752 114,752
Jewelry 68% 64,969 78,969
Jewelry 41.7% 42,485 48,485

Update gold price today May 3, 2025 latest on the world market

At the time of trading at 04:00 on May 3, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,258.71 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 103.25 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 18.05 million higher than the international gold price.

Update gold price today 3 5 2025 latest on world market
Update gold price today May 3, 2025 latest on the world market

Gold prices rose on the global market yesterday, May 2, 2025, due to buying demand ahead of the release of the US non-farm payrolls report. In the previous session, gold prices hit a two-week low, but signs of easing trade tensions between the US and China have put the safe-haven metal on track to post a second consecutive weekly decline.

Spot gold was at $3,263.50 an ounce at 04:00 GMT. So far this week, gold has lost 1.8%. "The overall risk appetite has improved this week on hopes of improving US-China trade relations," said Ole Hansen, head of commodity strategy at Saxo Bank.

China’s commerce ministry said the United States has repeatedly expressed its desire to negotiate on tariffs and Beijing is also open to discussions. Signs of progress in U.S.-China trade talks have lifted risk sentiment and dented the appeal of safe-haven assets such as gold.

UBS has said that gold remains a useful hedge against political risk, predicting continued volatility but strong long-term support from central bank buying, investment demand and a declining dollar. Under-allocated investors could use the recent weakness in gold prices as an opportunity to build positions or rebalance existing structures for long-term stability.

Markets are now awaiting the US non-farm payrolls report due at 7:30 p.m. ET for further clues on Federal Reserve policy. According to a Reuters poll, non-farm payrolls likely increased by 130,000 in April after increasing by 228,000 in March.

Additionally, spot silver edged up 0.1% to $32.42 an ounce, platinum rose 0.8% to $966.40, while palladium fell 0.2% to $939.

Gold price trend forecast today 5/3/2025

The gold price on May 3, 2025 will not change because this is the weekend, so the domestic and international gold markets will be temporarily closed. As of 22:20 on May 2, the spot gold price increased to 3,263.5 USD/ounce, an increase of 4.57 USD compared to the day before. When converted according to the USD exchange rate at Vietcombank, the world gold price is currently around 103.25 million VND/tael.

The main reason for the rise in gold prices is strong buying pressure as gold hit its mid-April low. Despite the sharp decline last week, gold remains a safe choice for investors amid trade uncertainty and expectations that the US Federal Reserve (Fed) may soon cut interest rates.

Although gold prices may face short-term correction pressure, many experts still predict that the long-term uptrend will remain intact. If there are positive signals from economic data or trade negotiations, gold prices may fall to near $3,150 or $3,000 an ounce. However, if the agreements are only political or the Fed is forced to cut interest rates early due to the risk of recession, gold prices will have a chance to recover quickly.

In the long term, factors such as geopolitical instability and the flow of money out of the USD may continue to support the gold price to increase again. Therefore, it is likely that domestic gold prices, especially SJC gold, will increase in the morning trading session on May 3.

Source: https://baoquangnam.vn/gia-vang-hom-nay-3-5-2025-gia-vang-trong-nuoc-dung-o-121-3-trieu-vang-the-gioi-mat-moc-3300-usd-3154009.html


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