Update gold price today 5/31/2025 latest in domestic market
The domestic gold market on May 31, 2025 recorded a clear downward trend in most major brands. This is an important signal for investors when gold prices are undergoing a strong adjustment.
In Hanoi , SJC gold price was listed at 115.7 million VND/tael (buy) and 118.2 million VND/tael (sell), down 300,000 VND/tael in both trading directions compared to yesterday. In Ho Chi Minh City and Da Nang, similar prices were also recorded with similar decreases.
Mi Hong Jewelry Company also adjusted the price of SJC gold down to 115.7 million VND/tael for buying and 117.5 million VND/tael for selling, down 300,000 VND and 500,000 VND/tael respectively. This is the deepest decrease among the major systems.
At DOJI Group, today's gold price decreased by 300,000 VND/tael in both buying and selling directions, bringing the price to 115.7 million VND/tael (buying) and 118.2 million VND/tael (selling). Similarly, Bao Tin Minh Chau also recorded a similar decrease, keeping the selling price at 118.2 million VND/tael.
PNJ gold price decreased more sharply than other brands. In Ho Chi Minh City, PNJ gold price today is listed at 110.5 million VND/tael (buy) and 113.6 million VND/tael (sell), down 700,000 VND and 400,000 VND/tael respectively. This is a notable decrease, especially for investors interested in jewelry gold.
Today’s downward trend in gold prices could be a good opportunity for those looking for the right time to buy. However, investors need to closely monitor international market developments as well as macroeconomic factors to make the right decision.
The latest gold price update table today, May 31, 2025 is as follows:
| Gold price today | ||||
|---|---|---|---|---|
| Buy | Sell | |||
| SJC in Hanoi | 115.7 | ▼300K | 118.2 | ▼300K |
| DOJI Group | 115.7 | ▼300K | 118.2 | ▼300K |
| Red Eyelashes | 115.7 | ▼300K | 117.5 | ▼500K |
| PNJ | 110.5 | ▼700K | 113.6 | ▼400K |
| Vietinbank Gold | 118.2 | ▼300K | ||
| Bao Tin Minh Chau | 115.7 | ▼300K | 118.2 | ▼300K |
| Phu Quy | 115.0 | ▼500K | 118.2 | ▼300K |
| 1. DOJI - Updated: May 31, 2025 09:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 115,700 ▼3 00K | 118,200 ▼300K |
| AVPL/SJC HCM | 115,700 ▼3 00K | 118,200 ▼300K |
| AVPL/SJC DN | 115,700 ▼3 00K | 118,200 ▼300K |
| Raw material 9999 - HN | 107,000 ▼500K | 111,000 ▼500K |
| Raw material 999 - HN | 106,900 ▼500K | 110,900 ▼500K |
| 2. PNJ - Updated: May 29, 2025 09:30 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 110,300 ▼1000K | 113,400 ▼1000K |
| HCMC - SJC | 115,500 ▼700K | 118,000 ▼700K |
| Hanoi - PNJ | 110,300 ▼1000K | 113,400 ▼1000K |
| Hanoi - SJC | 115,500 ▼700K | 118,000 ▼700K |
| Da Nang - PNJ | 110,300 ▼1000K | 113,400 ▼1000K |
| Da Nang - SJC | 115,500 ▼700K | 118,000 ▼700K |
| Western Region - PNJ | 110,300 ▼1000K | 113,400 ▼1000K |
| Western Region - SJC | 115,500 ▼700K | 118,000 ▼700K |
| Jewelry gold price - PNJ | 110,300 ▼1000K | 113,400 ▼1000K |
| Jewelry gold price - SJC | 115,500 ▼700K | 118,000 ▼700K |
| Jewelry gold price - Southeast PNJ | 110,300 ▼1000K | |
| Jewelry gold price - Southeast SJC | 115,500 ▼700K | 118,000 ▼700K |
| Jewelry gold price - PNJ 999.9 Plain Ring | 110,300 ▼1000K | |
| Jewelry gold price - Kim Bao Gold 999.9 | 110,300 ▼1000K | 113,400 ▼1000K |
| Jewelry gold price - Phuc Loc Tai Gold 999.9 | 110,300 ▼1000K | 113,400 ▼1000K |
| Jewelry gold price - Jewelry gold 999.9 | 110,000 ▼1300K | 112,500 ▼1300K |
| Jewelry gold price - Jewelry gold 999 | 109,890 ▼1300K | 112,390 ▼1300K |
| Jewelry gold price - Jewelry gold 9920 | 109,200 ▼1290K | 111,700 ▼1290K |
| Jewelry gold price - Jewelry gold 99 | 108,980 ▼1280K | 111,480 ▼1280K |
| Jewelry gold price - 750 gold (18K) | 77,030 ▼970K | 84,530 ▼970K |
| Jewelry gold price - 585 gold (14K) | 58,460 ▼760K | 65,960 ▼760K |
| Jewelry gold price - 416 gold (10K) | 39,450 ▼540K | 46,950 ▼540K |
| Jewelry gold price - 916 gold (22K) | 100,650 ▼1190K | 103,150 ▼1190K |
| Jewelry gold price - 610 gold (14.6K) | 61,280 ▼790K | 68,780 ▼790K |
| Jewelry gold price - 650 gold (15.6K) | 65,780 ▼840K | 73,280 ▼840K |
| Jewelry gold price - 680 gold (16.3K) | 69,150 ▼880K | 76,650 ▼880K |
| Jewelry gold price - 375 gold (9K) | 34,840 ▼490K | 42,340 ▼490K |
| Jewelry gold price - 333 gold (8K) | 29,780 ▼420K | 37,280 ▼420K |
| 3. SJC - Updated: May 31, 2025 09:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 115,700 ▼3 00K | 118,200 ▼300K |
| SJC gold 5 chi | 115,700 ▼3 00K | 118,220 ▼300K |
| SJC gold 0.5 chi, 1 chi, 2 chi | 115,700 ▼3 00K | 118,230 ▼300K |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 110,500 ▼500K | 113,500 ▼500K |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 110,500 ▼500K | 113,600 ▼500K |
| Jewelry 99.99% | 110,500 ▼500K | 112,900 00K |
| Jewelry 99% | 107,084 ▼693K | 111,584 ▼693K |
| Jewelry 68% | 69,893 ▼876K | 76,793 ▼476K |
| Jewelry 41.7% | 40,250 ▼691K | 47,150 ▼291K |
Update gold price today May 31, 2025 latest on the world market
At the time of trading at 09:30 on May 31, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,291.99 USD/ounce. Converted according to the USD exchange rate on the free market (26,200 VND/USD), the world gold price is equivalent to about 104.16 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (115.7-118.2 million VND/tael), the SJC gold price is currently about 14.04 million higher than the international gold price.
Gold prices recorded a slight decline on May 30 due to the rising trend of the US dollar. This situation made investors cautious, especially as they were waiting for important information related to US inflation, which could affect the monetary policy of the US Federal Reserve (Fed). According to the survey, the spot price of gold decreased by about 0.6% to 3,295.99 USD per ounce. Since the beginning of the week, the price of gold has decreased by a total of 1.8%.
US gold futures were no exception, falling 0.6% to $3,294.20. The rise in the dollar, which rose 0.2% against other currencies, made gold more expensive for international buyers. Carsten Menke, an analyst at Julius Baer, said that the slight rise in the dollar this morning could put pressure on gold prices.
Experts predict that gold prices will not react strongly if the personal consumption expenditure (PCE) index data is unsurprising. However, the current market sentiment suggests that volatility may continue in the coming period. PCE data, which the Fed considers a key indicator of inflation, will be released at 12:30 GMT. Economists expect inflation to have increased by 2.2% in April, down from 2.3% in March.
Tim Waterer, an analyst at KCM Trade, said many investors are hesitant to take new long positions in gold ahead of the upcoming release of the core PCE index. Investors are now betting on a 50 basis point rate cut later this year, starting in October. Gold, a non-yielding asset, tends to perform well in low-interest-rate environments.
Along with gold, silver prices also fell 0.6% to $33.16 an ounce. Platinum prices fell 0.8% to $1,073.80, while palladium fell 0.4% to $969.79.
In summary, the gold price on May 30, 2025 is being affected by the appreciation of the dollar and the cautious sentiment of investors in the face of important information on inflation. These factors may continue to affect the gold price in the coming time.
News, gold price trends today May 31, 2025 domestic and world gold prices
Gold prices today, May 31, 2025, will be strongly affected by important economic reports from the US, especially the personal consumption expenditure index (PCE) - a key factor closely monitored by the Federal Reserve (Fed). At the time of trading on May 30, 2025, the world gold price reached 3,299.79 USD/ounce, equivalent to about 104.4 million VND/tael (excluding taxes and fees). However, the domestic SJC gold price is still about 14.1 million VND/tael higher than the world price.
Gold prices were pressured by a stronger US dollar, with the US dollar index up 0.2%, making gold more expensive for investors using other currencies. However, the wait-and-see attitude towards US inflation data kept gold prices in a wide range.
Experts predict that the PCE inflation report released tonight (Vietnam time) will determine the trend of gold prices tomorrow. If inflation falls as expected, the Fed may maintain its current policy or even consider cutting interest rates in the future, which will greatly affect the gold market.
Domestic investors should also note that SJC gold prices often reflect world gold price trends. Therefore, today's gold price on May 31, 2025 is likely to continue to be affected by international economic developments, especially from the US.
Source: https://baoquangnam.vn/gia-vang-hom-nay-31-5-2025-gia-vang-trong-nuoc-va-the-gioi-lao-doc-gia-do-chot-3155831.html
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