Update gold price today 5/6/2025 latest in domestic market
At the time of the survey at 2:25 p.m. on May 6, 2025, the domestic gold market recorded a strong upward trend in most major brands. The prices of SJC gold bars, plain gold rings and jewelry gold lines all increased, pushing domestic gold prices to a new record. Specifically:
The price of SJC gold bars in Hanoi was listed by Saigon Jewelry Company Limited at VND120.8 million/tael (buy) and VND122.8 million/tael (sell), an increase of VND3 million/tael in both directions compared to yesterday.
With a similar increase, the price of SJC gold bars at Da Nang and Ho Chi Minh City branches was also listed at 120.8 million VND/tael (buy) and 122.8 million VND/tael (sell).
DOJI Group listed the price of SJC gold bars at 120.8 million VND/tael (buy) and 122.8 million VND/tael (sell), an increase of 3 million VND/tael in both buying and selling directions compared to the previous trading session.
At Mi Hong Jewelry Company, the price of SJC gold bars is listed at 120.5 million VND/tael (buy) and 122.3 million VND/tael (sell). Compared to yesterday, the price of Mi Hong gold decreased slightly, decreasing by 300 thousand VND/tael for buying and 200 thousand VND/tael for selling.
PNJ Company recorded a sharp increase in the price of SJC gold bars, with the listed price of 120.8 million VND/tael (buy) and 122.8 million VND/tael (sell), an increase of 3 million VND/tael in both directions. Notably, PNJ 9999 plain gold rings also increased by 2.5 million VND/tael (buy) and 2.6 million VND/tael (sell), bringing the listed price to 115 million VND/tael (buy) and 118 million VND/tael (sell), respectively.
SJC gold price at Bao Tin Minh Chau is traded at 120.8 million VND/tael (buy) and 122.8 million VND/tael (sell), an increase of 3 million VND/tael in both buying and selling directions.
At Phu Quy, the price of SJC gold bars also increased sharply, listed at 119.8 million VND/tael (buy) and 122.8 million VND/tael (sell), an increase of 3 million VND/tael in both directions compared to yesterday.
The domestic gold market today recorded a strong increase in most major brands, especially SJC gold bars and 9999 plain gold rings. The increase ranged from 2.5 million to 3 million VND/tael, bringing domestic gold prices to a new peak.
Experts say that domestic gold prices are being affected by the rising trend of world gold prices, along with the increasing demand for domestic gold storage.
As of 2:25 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 115.5-118.0 million VND/tael (buy - sell); an increase of 3 million VND/tael in both buying and selling directions compared to yesterday.
Bao Tin Minh Chau listed the price of gold rings at 117.5-120.5 million VND/tael (buy - sell); an increase of 2 million VND/tael in both buying and selling directions compared to yesterday.
The latest gold price update table today, May 6, 2025 is as follows:
| Gold price today | ||||
|---|---|---|---|---|
| Buy | Sell | |||
| SJC in Hanoi | 120.8 | ▲3000 | 122.8 | ▲3000 |
| DOJI Group | 120.8 | ▲3000 | 122.8 | ▲3000 |
| Red Eyelashes | 120.5 | ▼300 | 122.3 | ▼200 |
| PNJ | 115.0 | ▲2500 | 118.0 | ▲2600 |
| Vietinbank Gold | 122.8 | ▲3000 | ||
| Bao Tin Minh Chau | 120.8 | ▲3000 | 122.8 | ▲3000 |
| Phu Quy | 119.8 | ▲3000 | 122.8 | ▲3000 |
| 1. DOJI - Updated: 5/6/2025 14:25 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 120,800 ▲3000K | 122,800 ▲3000K |
| AVPL/SJC HCM | 120,800 ▲3000K | 122,800 ▲3000K |
| AVPL/SJC DN | 120,800 ▲3000K | 122,800 ▲3000K |
| Raw material 9999 - HN | 115,300 ▲3000K | 117,100 ▲3000K |
| Raw material 999 - HN | 115,200 ▲3000K | 117,000 ▲3000K |
| 2. PNJ - Updated: May 6, 2025 14:25 - Time of website supply source - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| SJC PNJ gold bars | 120,800,000 ▲3,000,000 | 122,800,000 ▲3,000,000 |
| PNJ 9999 plain gold ring | 115,000,000 ▲2,500,000 | 118,000,000 ▲2,600,000 |
| Kim Bao 9999 Gold | 115,000,000 ▲2,500,000 | 118,000,000 ▲2,600,000 |
| Gold Phuc Loc Tai 9999 | 115,000,000 ▲2,500,000 | 118,000,000 ▲2,600,000 |
| PNJ Gold Bar - Phuong Hoang | 115,000,000 ▲2,500,000 | 118,000,000 ▲2,600,000 |
| PNJ 9999 Gold Jewelry | 115,000,000 ▲2,500,000 | 117,500,000 ▲2,500,000 |
| PNJ 24K Gold Jewelry | 114,880,000 ▲2,490,000 | 117,380,000 ▲2,490,000 |
| 99 gold jewelry | 113,930,000 ▲2,480,000 | 116,430,000 ▲2,480,000 |
| 916 Gold (22K) | 105,230,000 ▲2,290,000 | 107,730,000 ▲2,290,000 |
| 18K PNJ Gold | 80,780,000 ▲1,880,000 | 88,280,000 ▲1,880,000 |
| 680 Gold (16.3K) | 72,550,000 ▲1,700,000 | 80,050,000 ▲1,700,000 |
| 650 Gold (15.6K) | 69,030,000 ▲1,630,000 | 76,530,000 ▲1,630,000 |
| 610 Gold (14.6K) | 64,330,000 ▲1,530,000 | 71,830,000 ▲1,530,000 |
| 14K PNJ Gold | 61,390,000 ▲1,460,000 | 68,890,000 ▲1,460,000 |
| 416 Gold (10K) | 41,530,000 ▲1,040,000 | 49,030,000 ▲1,040,000 |
| 375 Gold (9K) | 36,710,000 ▲930,000 | 44,210,000 ▲930,000 |
| 333 Gold (8K) | 31,430,000 ▲830,000 | 38,930,000 ▲830,000 |
| 3. SJC - Updated: 5/6/2025 14:25 - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 120,800 ▲3000K | 122,800 ▲3000K |
| SJC gold 5 chi | 120,800 ▲3000K | 122,800 ▲3000K |
| SJC gold 0.5 chi, 1 chi, 2 chi | 120,800 ▲3000K | 122,800 ▲3000K |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 115,500 ▲3000K | 118,000 ▲3000K |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 115,500 ▲3000K | 118,000 ▲3000K |
| Jewelry 99.99% | 115,500 ▲3000K | 117,400 ▲3000K |
| Jewelry 99% | 111,737 ▲2470K | 116,273 ▲2470K |
| Jewelry 68% | 73,989 ▲2040K | 79,989 ▲2040K |
| Jewelry 41.7% | 43,110 ▲1251K | 49,110 ▲1251K |
Update gold price today May 6, 2025 latest on the world market
At the time of trading at 11:30 a.m. on May 6, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,360.3 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 106.31 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (120.8-122.8 million VND/tael), the SJC gold price is currently about 16.48 million higher than the international gold price.
Gold prices today, May 6, 2025, on the world market skyrocketed to a two-week high, attracting the attention of many people. Concerns about US President Donald Trump's tax plan have made gold a safe choice, as investors seek this precious metal to protect their assets from fluctuations. Specifically, the spot gold price increased by 1.4%, reaching $3,380.92/ounce early this morning according to GMT.
The main reason is the new moves from Trump, when he just announced a 100% tax on foreign-made films on Sunday, and is expected to announce a tax on pharmaceuticals in the next two weeks. This increases economic uncertainty, pushing up gold prices today, May 6, 2025. Expert Yeap Jun Rong from IG Market commented that investors are returning to gold to reduce risks amid renewed concerns about taxes.
Meanwhile, all eyes are on the US Federal Reserve meeting and Chairman Jerome Powell's speech on Wednesday. The Fed has kept interest rates at 4.25%-4.50% since December and is expected to keep them unchanged at this meeting. However, if the Fed signals a rate cut, gold prices could find further support, as Yeap Jun Rong predicted. Goldman Sachs also said the Fed would need more data from the labor market before cutting, with plans for 25 basis points of reduction in July, September and October.
Gold, which does not yield interest, is always considered a safe haven in times of political and financial instability, especially when interest rates are low. The price of gold today, May 6, 2025, on the world market was also strengthened when other metals such as silver, platinum and palladium also increased in price, reaching 32.99 USD, 971.24 USD and 945.75 USD/ounce, respectively.
News, gold price trends today 5/6/2025 domestic and world gold prices
The forecast for gold prices in the coming time shows many positive factors. The global gold market is witnessing a strong increase in demand from China. Mr. Joseph Cavatoni, an expert from the World Gold Council, said that the investment flow into gold ETFs in China has reached a record level. He also emphasized that investors from the East, especially China, are coming back strongly, even surpassing the investment volume in the US last April.
In addition, Mr. Tim Waterer from KCM Trade commented that the market is paying close attention to the US Federal Reserve (Fed) meeting and the speeches of Fed officials this week. This information will help clarify future monetary policy. Currently, the USD is on a downward trend ahead of the Fed meeting, which creates favorable conditions for gold prices. It is expected that the world gold price will continue to fluctuate between 3,200 and 3,350 USD per ounce in the coming time.
KCM Trade expert Tim Waterer said that the US dollar is quiet ahead of the Fed meeting, creating favorable conditions for gold prices to rise. He predicted that gold prices could fluctuate between $3,200 and $3,350 per ounce before the Fed makes its decision. However, any new information on trade negotiations could cause gold prices to fluctuate sharply.
Markets are closely watching the Fed’s monetary policy, especially with expectations that the bank will cut interest rates by about 80 basis points from July, after the April jobs report beat expectations. Gold, which does not pay interest, is often seen as a safe haven in times of uncertainty and inflation, especially when interest rates are low, which has further supported prices.
US President Donald Trump has just announced that he will not replace Fed Chairman Jerome Powell before his term ends in May 2026. He has also called on the Fed to lower interest rates and is actively meeting with many countries, including China, to discuss fair trade agreements. Meanwhile, Goldman Sachs warned that the risk of a US recession is increasing, and that strong gold buying by central banks in 2025 will continue to be a driving force for gold prices.
Source: https://baodaknong.vn/gia-vang-hom-nay-6-5-2025-gia-vang-trong-nuoc-va-the-gioi-dong-loat-tang-tro-lai-251622.html
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