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Gold price today 5/8/2025: Sharp decrease following the world gold price decline

(Baohatinh.vn) - Gold price on the morning of May 8, 2025 continued to decrease following the downward trend of world gold price; the difference between domestic and world gold price is still high, up to 15.5 million VND/tael.

Báo Hà TĩnhBáo Hà Tĩnh08/05/2025

Domestic gold price today 5/8/2025

At 4:30 this morning (May 8), SJC listed the price of gold bars at 120.2 million VND/tael for buying - 122.2 million VND/tael for selling, down 500,000 VND/tael compared to the opening price of the morning session on May 7.

Large gold businesses such as Doji and Bao Tin Minh Chau have also listed a reduction in the price of SJC gold bars to 119.7 million VND/tael for buying - 121.7 million VND/tael for selling, down 500,000 VND/tael compared to the morning session yesterday, May 7.

SJC listed the price of gold rings at 115.5-118 million VND/tael (buy in - sell out); Bao Tin Minh Chau listed the price of gold rings at 117.5-120.5 million VND/tael (buy in - sell out).

4.jpg

DOJI gold price list on May 7, 2025

Domestic gold price
Buy
Sell
AVPL/SJC HN (thousand/tael) 120,200
122,200
AVPL/SJC HCM (thousand/tael) 120,200
122,200
AVPL/SJC DN (thousand/tael) 120,200
122,200
Raw material 9999 - HN(99.9) 11,530
11,710
Raw material 999 - HN(99) 11,520
11,700

SJC gold price list on May 7, 2025

# Type (thousand VND/tael) Buy Sell
1 Ho Chi Minh 120,200+0 122,200+0
2 North 120,200+0 122,200+0
3 Ha Long 120,200+0 122,200+0
4 Hai Phong 120,200+0 122,200+0
5 Central region 120,200+0 122,200+0
6 Hue 120,200+0 122,200+0
7 Quang Ngai 120,200+0 122,200+0
8 Nha Trang 120,200+0 122,200+0
9 Bien Hoa 120,200+0 122,200+0
10 West 120,200+0 122,200+0
11 Bac Lieu 120,200+0 122,200+0
12 Ca Mau 120,200+0 122,200+0
7-858.jpg

World gold price today 5/8/2025

At the same time, the world gold price was trading around 3,382.6 USD/ounce, down 50 USD/ounce compared to the closing price in the US last night. Converted according to the USD exchange rate of Vietcombank, the world gold price is equivalent to 106.7 million VND/tael, excluding taxes and fees.

World gold prices fell sharply after news that US Treasury Secretary Scott Bessent and trade negotiator Jamieson Greer are expected to meet with He Lifeng - China's top economic official - in Switzerland this weekend to discuss trade deals.

Thus, the domestic price of SJC gold bars has also been adjusted down according to the world gold price, but is currently 15.5 million VND/tael higher than the world gold price.

Source: https://baohatinh.vn/gia-vang-hom-nay-852025-giam-manh-theo-da-giam-vang-the-gioi-post287371.html


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