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Gold price plummets: Lost up to 2.5 million VND/tael after 1 day

(Baohatinh.vn) - Today's gold price, May 16, will be continuously updated by Ha Tinh Newspaper in gold price and gold market news.

Báo Hà TĩnhBáo Hà Tĩnh16/05/2025

Domestic gold price today

Opening the trading session on the morning of May 16, domestic gold prices continued to drop shockingly. At the end of the trading session, gold bar prices listed by SJC, Doji , and Bao Tin Minh Chau were VND115.5 million/tael for buying and VND118.2 million/tael for selling, down VND2.5 million/tael (buying) and down VND1.8 million/tael (selling) compared to the morning of May 15.

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Gold price drops dramatically, many Ha Tinh people buy for investment

SJC listed ring gold at 110.5 million VND/tael for buying and 113.5 million VND/tael for selling, down 2.5 million VND/tael (buying) and down 1.5 million VND (selling) compared to the morning of May 15.

Doji listed the 9999 round ring at 110.5 million VND/tael for buying and 113.5 million VND/tael for selling, down 2 VND/tael (buying) and down 1.5 million VND/tael (selling) compared to the morning of May 15.

Gold rings at Bao Tin Minh Chau are listed at 113.5 million VND/tael for buying and 116.5 million VND/tael for selling, down 2 million VND/tael in both directions compared to the morning of May 15.

SJC gold price list on May 16, 2025

# Type (thousand VND/tael) Buy Sell
1 Ho Chi Minh 115,500+0 118,200+0
2 North 115,500+0 118,200+0
3 Ha Long 115,100+0 118,200+0
4 Hai Phong 115,500+0 118,200+0
5 Central region 115,500+0 118,200+0
6 Hue 115,500+0 118,200+0
7 Quang Ngai 115,500+0 118,200+0
8 Nha Trang 115,500+0 118,200+0
9 Bien Hoa 115,500+0 118,200+0
10 West 115,500+0 118,200+0
11 Bac Lieu 115,500+0 118,200+0
12 Ca Mau 115,500+0 118,200+0
DOJI gold price in Vietnam
Buy
Sell
AVPL/SJC HN (thousand/tael) 115,500
118,200
AVPL/SJC HCM (thousand/tael) 115,500
118,200
AVPL/SJC DN (thousand/tael) 115,500
118,200
Raw material 9999 - HN(99.9) 10,770
11,100
Raw material 999 - HN(99) 10,760
11,090

World gold price today

This morning, May 16, the world gold price on Kitco floor reached 3,203.20 - 3,205.20 USD/ounce, an increase of 26.2 USD/ounce compared to the previous trading session.

This is a very strong recovery of gold prices, after plunging to only 3,130 USD/ounce before.

The latest data on the US manufacturing outlook for May was not as expected, which is a factor supporting the gold price to increase again. The demand to buy the bottom when the gold price fell to the lowest level in more than a month, also helped the precious metal to increase.

According to forecasts, in the coming time, gold prices will still be strongly affected by geopolitical fluctuations, the Fed's monetary policy and global investor sentiment. In the short term, gold prices may continue to adjust, but the medium and long-term outlook is still assessed positively if risk factors return.

Source: https://baohatinh.vn/gia-vang-lao-doc-khong-branh-mat-toi-25-trieu-dongluong-sau-1-ngay-post287895.html


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