Update the latest gold price details today, May 5, 2025 in the domestic market
At the time of survey at 10:00 a.m. on May 5, 2025, today's gold price on May 5, 2025 recorded a sharp downward trend in the domestic market, reflecting profit-taking pressure and fluctuations in world gold prices. The latest gold price on May 5, 2025 showed a significant adjustment in both buying and selling directions, creating opportunities for investors to consider strategies. Specifically:
The price of SJC gold bars in Hanoi was listed by Saigon Jewelry Company Limited - SJC at 117.8-119.8 million VND/tael (buy - sell), down 1.5 million VND/tael in both buying and selling directions compared to yesterday.
At the same time, the price of SJC gold bars at DOJI Group was also listed at 117.8-119.8 million VND/tael (buy - sell), down 1.5 million VND/tael in both buying and selling directions compared to yesterday.
At Mi Hong Jewelry Company, the price of SJC gold bars is listed at 118.0-119.8 million VND/tael (buy - sell). Compared to yesterday, the buying price remained the same, while the selling price increased slightly by 300 thousand VND/tael.
The price of SJC gold bars at Bao Tin Minh Chau Company Limited is traded at 117.8-119.8 million VND/tael (buy - sell), down 500 thousand VND/tael in the buying direction and down 1.2 million VND/tael in the selling direction compared to yesterday.
At Phu Quy Jewelry Company, the listed price of SJC gold bars is 116.8-119.8 million VND/tael (buy - sell), down 700 thousand VND/tael in both buying and selling directions compared to yesterday.
Meanwhile, the price of SJC gold bars at PNJ was listed at 117.8-119.8 million VND/tael (buy - sell), down 700 thousand VND/tael for buying and down 1.5 million VND/tael for selling compared to yesterday.
Regarding ring gold, the price of 9999 round ring gold at PNJ is listed at 112.5-115.4 million VND/tael (buy - sell), down 500 thousand VND/tael in the buying direction and down 600 thousand VND/tael in the selling direction compared to yesterday. The price of 99.99% SJC ring gold (1 chi, 2 chi, 5 chi) at SJC is recorded at 112.5-115.0 million VND/tael (buy - sell), down 1.5 million VND/tael in both buying and selling directions.
For jewelry gold, the latest gold price today, May 5, 2025 at SJC shows: 99.99% jewelry is listed at 112.5-114.4 million VND/tael (buy - sell), down 1.5 million VND/tael in both directions; 99% jewelry is at 109.267-113.267 million VND/tael, down 1.485 million VND/tael; 68% jewelry is at 71.949-77.949 million VND/tael, down 1.02 million VND/tael; and 41.7% jewelry is at 41.859-47.859 million VND/tael, down 625 thousand VND/tael in both directions of buying and selling compared to yesterday.
As of 10:00 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 112.5-115.0 million VND/tael (buy - sell); down 1.5 million VND/tael in buying - down 1.5 million VND/tael in selling compared to yesterday.
Bao Tin Minh Chau listed the price of gold rings at 116.2-119.2 million VND/tael (buy - sell); down 400 thousand VND/tael for buying and down 500 thousand VND/tael for selling compared to yesterday.
Gold prices today, May 5, 2025, reflect a strong downward trend, mainly due to profit-taking pressure after the previous record price increase. However, experts say this could be an opportunity for investors to accumulate gold before the market enters a new uptrend, especially when geopolitical and global economic tensions remain long-term support factors for this precious metal.
The latest gold price update table today, May 5, 2025 is as follows:
| Gold price today | ||||
|---|---|---|---|---|
| Buy | Sell | |||
| SJC in Hanoi | 117.8 | ▼1500 | 119.8 | ▼1500 |
| DOJI Group | 117.8 | ▼1500 | 119.8 | ▼1500 |
| Red Eyelashes | 118.0 | - | 119.8 | ▲300 |
| PNJ | 112.5 | ▲500 | 115.4 | ▼600 |
| Vietinbank Gold | 119.8 | ▼1500 | ||
| Bao Tin Minh Chau | 117.8 | ▼500 | 119.8 | ▼1200 |
| Phu Quy | 116.8 | ▼700 | 119.8 | ▼700 |
| 1. DOJI - Updated: 05/05/2025 10:00 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 117,800 ▼1500 | 119,800 ▼1500 |
| AVPL/SJC HCM | 117,800 ▼1500 | 119,800 ▼1500 |
| AVPL/SJC DN | 117,800 ▼1500 | 119,800 ▼1500 |
| Raw material 9999 - HN | 112,300 ▼1500 | 114,100 ▼1500 |
| Raw material 999 - HN | 112,200 ▼1500 | 114,000 ▼1500 |
| 2. PNJ - Updated: 5/5/2025 10:00 - Time of the source website - ▼ Compared to yesterday. | ||
| Type | Buy | Sell |
| SJC PNJ gold bars | 117,800 ▼700K | 119,800 ▼1500K |
| PNJ 9999 plain gold ring | 112,500 ▼500K | 115,400 ▼600K |
| Kim Bao 9999 Gold | 112,500 ▼500K | 115,400 ▼600K |
| Gold Phuc Loc Tai 9999 | 112,500 ▼500K | 115,400 ▼600K |
| PNJ Gold Bar - Phuong Hoang | 112,500 ▼500K | 115,400 ▼600K |
| PNJ 9999 Gold Jewelry | 112,500 ▼500K | 115,000 ▼500K |
| PNJ 24K Gold Jewelry | 112,390 ▼500K | 114,890 ▼500K |
| 99 gold jewelry | 111,450 ▼490K | 113,950 ▼490K |
| 916 Gold (22K) | 102,940 ▼460K | 105,440 ▼460K |
| 18K PNJ Gold | 78,900 ▼370K | 86,400 ▼370K |
| 680 Gold (16.3K) | 70,850 ▼340K | 78,350 ▼340K |
| 650 Gold (15.6K) | 67,400 ▼320K | 74,900 ▼320K |
| 610 Gold (14.6K) | 62,800 ▼300K | 70,300 ▼300K |
| 14K PNJ Gold | 59,930 ▼300K | 67,430 ▼300K |
| 416 Gold (10K) | 40,490 ▼210K | 47,990 ▼210K |
| 375 Gold (9K) | 35,780 ▼190K | 43,280 ▼190K |
| 333 Gold (8K) | 30,600 ▼160K | 38,100 ▼160K |
| 3. SJC - Updated: 05/05/2025 10:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 117,800 ▼1500 | 119,800 ▼1500 |
| SJC gold 5 chi | 117,800 ▼1500 | 117,820 ▼1500 |
| SJC gold 0.5 chi, 1 chi, 2 chi | 117,800 ▼1500 | 117,830 ▼1500 |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 112,500 ▼1500 | 115,000 ▼1500 |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 112,500 ▼1500 | 115,100 ▼1500 |
| Jewelry 99.99% | 112,500 ▼1500 | 114,400 ▼1500 |
| Jewelry 99% | 109,267 ▼1485 | 113,267 ▼1485 |
| Jewelry 68% | 71,949 ▼1020 | 77,949 ▼1020 |
| Jewelry 41.7% | 41,859 ▼625 | 47,859 ▼625 |
Update gold price today May 5, 2025 latest on the world market
At the time of trading at 9:30 a.m. on May 5, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,265.54 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 103.31 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (117.0-119.8 million VND/tael), the SJC gold price is currently about 16.48 million higher than the international gold price.
On May 5, 2025, the price of gold today, May 5, 2025, on the world market increased slightly, mainly due to the depreciation of the US dollar. When the dollar weakens, gold becomes more attractive because it is priced in this currency. Specifically, the spot gold price increased by 0.7%, reaching 3,261.59 USD/ounce in the early morning. Meanwhile, the price of gold futures in the US also increased by 0.8%, to 3,269.60 USD/ounce. This is a positive signal for those who are following the gold price today, May 5, 2025 on the international market.
Another reason for the rise in gold prices is the waiting mentality of investors. They are paying attention to the US Federal Reserve (Fed) meeting taking place this week. This meeting will make a decision on interest rates, a very important factor affecting the price of gold. When interest rates are low, gold - an asset that does not pay interest - usually becomes more attractive. According to Mr. Tim Waterer, an analyst at KCM Trade, the dollar is in a "quiet" state before the Fed meeting, creating an opportunity for gold prices to increase slightly today, May 5, 2025. He predicts that gold prices may fluctuate between $ 3,200 and $ 3,350 / ounce in the near future, but any news related to international trade agreements may cause gold prices to fluctuate more strongly.
In addition, investors are also waiting for more information on US trade policy, especially negotiations with many countries, including China. US President Donald Trump recently said that he prioritizes reaching a fair trade agreement with China, but he also affirmed that he will not change the Fed chairman before Jerome Powell's term ends in 2026. These statements make the market more cautious, because trade policies and interest rates can have a big impact on gold prices today, May 5, 2025.
Another notable factor was the US jobs report released last Friday, which showed that the number of new jobs in April exceeded expectations. This led investors to predict that the Fed could cut interest rates by about 80 basis points (equivalent to 0.8%) this year, starting in July. Since gold tends to increase in an environment of low interest rates and global economic uncertainty, gold prices today, May 5, 2025, are benefiting from these expectations.
Meanwhile, other precious metals such as silver, platinum and palladium had mixed performances. Silver rose slightly by 0.1% to $31.99 an ounce, but platinum fell by 0.4% to $956.09 and palladium by 0.1% to $952.63. These fluctuations show that the precious metals market is affected by many factors, but gold remains the focus of attention due to its role as a "safe haven" in uncertain economic and political situations.
In summary, the gold price today, May 5, 2025, on the world market is being supported by a weak dollar and expectations of interest rate policy from the Fed. However, investors need to closely monitor information on international trade and the Fed's decision this week, as they can cause strong fluctuations in gold prices. Continue to update the gold price today, May 5, 2025 to seize investment opportunities!
Gold price forecast tomorrow 5/5/2025
According to a Kitco News survey, 50% of Wall Street experts predict that gold prices will fall today, May 5, 2025, only 28% think prices will rise, and 22% think prices will remain unchanged. Meanwhile, 52% of individual investors are optimistic about gold prices rising, 29% predict a fall, and 19% choose to stay the same. Experts such as Fawad Razaqzada from StoneX Bullion believe that gold prices could fall to $3,000/ounce if trade negotiations progress positively, reducing the safe-haven demand for gold.
Gold prices fell 7-8.5% last week, from a record high of over $3,500 an ounce to nearly $3,200 an ounce. Marc Chandler from Bannockburn Global Forex predicted that gold prices could hit the $3,150-$3,165 range due to a stronger dollar and expectations of higher US interest rates. If gold prices surpass $3,315, the downward trend could weaken. In addition, reduced demand for gold in Asia due to the Chinese holiday also contributed to pressure on prices.
Despite the downward pressure on gold prices today, May 5, 2025, experts such as Ole Hansen from Saxo Bank are still optimistic about the long-term uptrend. Hansen believes that the $2,950/ounce level is an important threshold, and if not broken, the bullish outlook remains solid. The US Federal Reserve (Fed) meeting next week could be a new catalyst for gold prices. Central banks continue to buy gold to diversify their portfolios, supporting gold prices in the long term.
Currently, the world gold price listed at Kitco is at 3,241.6 USD/ounce, equivalent to about 102.3 million VND/tael (according to Vietcombank exchange rate, excluding taxes and fees). The domestic gold bar price is stable, but the difference with the world price is about 19 million VND/tael. The current gold price adjustment is considered a buying opportunity for long-term investors.
Source: https://baoquangnam.vn/gia-vang-hom-nay-5-5-2025-gia-vang-trong-nuoc-sut-giam-manh-vang-the-gioi-phuc-hoi-tro-lai-3154096.html
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