Domestic gold price today 5/7/2025
At the time of survey at 4:30 a.m. on May 7, 2025, domestic gold prices increased sharply to the highest level in the past 2 weeks. Specifically:
DOJI Group listed the price of SJC gold bars at 120.2-122.2 million VND/tael (buy - sell), an increase of 2.4 million VND/tael in both buying and selling directions compared to yesterday.
At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 120.2-122.2 million VND/tael (buy - sell), an increase of 2.4 million VND/tael in both buying and selling directions compared to yesterday.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 120.2-121.8 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 2.2 million VND/tael for buying and 3 million VND/tael for selling.
SJC gold price at Bao Tin Minh Chau Company Limited was traded by the enterprise at 120.2-122.2 million VND/tael (buying - selling), an increase of 2.4 million VND/tael in both buying and selling directions compared to yesterday.
SJC gold price at Phu Quy is traded by businesses at 119.8-122.8 million VND/tael (buy - sell), gold price increased by 3 million VND/tael in both buying and selling directions compared to yesterday.
As of 4:30 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 115.5-118 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.
Phu Quy Gold and Gemstone Group listed the price of gold rings at 115.5-118.5 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 list today, May 7, 2025 is as follows:
| Gold price today | May 7, 2025 (million dong) | Difference (thousand dong/tael) | ||
| Buy | Sell | Buy | Sell | |
| SJC in Hanoi | 120.2 | 122.2 | +2400 | +2400 |
| DOJI Group | 120.2 | 122.2 | +2400 | +2400 |
| Red Eyelashes | 120.2 | 121.8 | +2200 | +3000 |
| PNJ | 120.2 | 122.2 | +2400 | +2400 |
| Vietinbank Gold | 122.2 | +2400 | ||
| Bao Tin Minh Chau | 120.2 | 122.2 | +2400 | +2400 |
| Phu Quy | 119.8 | 122.8 | +3000 | +3000 |
| 1. DOJI - Updated: 5/7/2025 04:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Domestic gold price | Buy | Sell |
| AVPL/SJC HN | 120,200 ▲2400K | 122,200 ▲2400K |
| AVPL/SJC HCM | 120,200 ▲2400K | 122,200 ▲2400K |
| AVPL/SJC DN | 120,200 ▲2400K | 122,200 ▲2400K |
| Raw material 9999 - HN | 115,300 ▲3000K | 117,100 ▲3000K |
| Raw material 999 - HN | 115,200 ▲3000K | 117,000 ▲3000K |
| 2. PNJ - Updated: May 7, 2025 04:30 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 115,000 ▲2500K | 118,000 ▲2600K |
| HCMC - SJC | 120,200 ▲2400K | 122,200 ▲2400K |
| Hanoi - PNJ | 115,000 ▲2500K | 118,000 ▲2600K |
| Hanoi - SJC | 120,200 ▲2400K | 122,200 ▲2400K |
| Da Nang - PNJ | 115,000 ▲2500K | 118,000 ▲2600K |
| Da Nang - SJC | 120,200 ▲2400K | 122,200 ▲2400K |
| Western Region - PNJ | 115,000 ▲2500K | 118,000 ▲2600K |
| Western Region - SJC | 120,200 ▲2400K | 122,200 ▲2400K |
| Jewelry gold price - PNJ | 115,000 ▲2500K | 118,000 ▲2600K |
| Jewelry gold price - SJC | 120,200 ▲2400K | 122,200 ▲2400K |
| Jewelry gold price - Southeast | PNJ | 115,000 ▲2500K |
| Jewelry gold price - SJC | 120,200 ▲2400K | 122,200 ▲2400K |
| Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 115,000 ▲2500K |
| Jewelry gold price - Kim Bao Gold 999.9 | 115,000 ▲2500K | 118,000 ▲2600K |
| Jewelry gold price - Phuc Loc Tai Gold 999.9 | 115,000 ▲2500K | 118,000 ▲2600K |
| Jewelry gold price - Jewelry gold 999.9 | 115,000 ▲2500K | 117,500 ▲2500K |
| Jewelry gold price - Jewelry gold 999 | 114,880 ▲2490K | 117,380 ▲2490K |
| Jewelry gold price - Jewelry gold 9920 | 114,160 ▲2480K | 116,660 ▲2480K |
| Jewelry gold price - Jewelry gold 99 | 113,930 ▲2480K | 116,430 ▲2480K |
| Jewelry gold price - 750 gold (18K) | 80,780 ▲1880K | 88,280 ▲1880K |
| Jewelry gold price - 585 gold (14K) | 61,390 ▲1460K | 68,890 ▲1460K |
| Jewelry gold price - 416 gold (10K) | 41,530 ▲1040K | 49,030 ▲1040K |
| Jewelry gold price - 916 gold (22K) | 105,230 ▲2290K | 107,730 ▲2290K |
| Jewelry gold price - 610 gold (14.6K) | 64,330 ▲1530K | 71,830 ▲1530K |
| Jewelry gold price - 650 gold (15.6K) | 69,030 ▲1630K | 76,530 ▲1630K |
| Jewelry gold price - 680 gold (16.3K) | 72,550 ▲1700K | 80.050 ▲1700K |
| Jewelry gold price - 375 gold (9K) | 36,710 ▲930K | 44,210 ▲930K |
| Jewelry gold price - 333 gold (8K) | 31,430 ▲830K | 38,930 ▲830K |
| 3. SJC - Updated: 5/7/2025 04:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 120,200 ▲2400K | 122,200 ▲2400K |
| SJC gold 5 chi | 120,200 ▲2400K | 122,220 ▲2400K |
| SJC gold 0.5 chi, 1 chi, 2 chi | 120,200 ▲2400K | 122,230 ▲2400K |
| 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 | 118,100 ▲3000K |
| Jewelry 99.99% | 115,500 ▲3000K | 117,400 ▲3000K |
| Jewelry 99% | 111,738 ▲2471K | 116,238 ▲2971K |
| Jewelry 68% | 73,990 ▲2041K | 79,990 ▲2041K |
| Jewelry 41.7% | 43,111 ▲1252K | 49,111 ▲1252K |
World gold price today 5/7/2025 and world gold price fluctuation chart in the past 24 hours
According to Kitco, the world gold price recorded at 4:30 am today, Vietnam time, was 3,384.16 USD/ounce. Today's gold price increased by 65.72 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,150 VND/USD), the world gold price is about 107.76 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 14.44 million VND/tael higher than the international gold price.
Gold prices rose to a two-week high on Thursday, buoyed by strong demand from China after the holiday and concerns about possible US tariffs on pharmaceutical imports. Meanwhile, investors are awaiting the outcome of the US Federal Reserve's policy meeting.
Specifically, spot gold prices increased by 1.98%, reaching their highest level since April 22. US gold futures also hit a two-week high, increasing by 2.4% to $3,403/ounce.
The gold market in China has reopened after the Labor Day holiday from May 1 to May 5. According to Adrian Ash, director of research at BullionVault, the current rise in gold prices is driven by a strong wave of investment from China, along with central banks looking to reduce their dependence on US assets, especially the US dollar.
Gold prices are entering a new rally as investors rush to find safe haven assets. Notably, the US dollar is gradually losing its status as a 'safe haven' compared to gold. If the Trump administration does not soon reach a trade agreement with countries, especially those in the G20 group, gold prices may rise even more sharply.
Gold prices have hit new records several times this year due to trade tensions over tariffs. Recently, US President Donald Trump announced that he would impose new tariffs on imported pharmaceuticals in the next two weeks. Yesterday, Trump also announced a 100% tax on foreign-made films.
Gold prices are being supported by strong participation from Chinese speculators, while holdings in Western markets are low despite high prices, according to Daniel Ghali, commodity strategist at TD Securities. These factors could continue to push gold prices higher, potentially even to $4,000 an ounce this year.
The gold market is also paying close attention to the Fed’s upcoming policy decision, due on May 8. Chairman Jerome Powell’s remarks are expected to provide clues on the timing of a rate cut. Higher interest rates tend to depress gold prices because it is a non-yielding asset.
Spot silver also rose 2% to $33.16 an ounce, platinum rose 2.3% to $981.44 and palladium rose 2.5% to $964.45.
Yesterday, gold prices broke through the first important resistance level at $3,368. If this upward momentum continues, prices could quickly reach the next resistance level at $3,403. However, the record high of $3,500 may still be far away in today's trading session.
If gold prices fall, the first key level to watch is $3,303. If they fall further, gold could find support around $3,268, which was also a low recorded multiple times in late April. In the event of a sharp decline, the next solid support level is at $3,245.
Source: https://baonghean.vn/gia-vang-hom-nay-7-5-2025-gia-vang-trong-nuoc-va-the-gioi-tang-manh-vi-ong-trump-lai-ap-thue-moi-10296685.html
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