Domestic gold price today 5/5/2025
At the time of survey at 4:30 p.m. on May 5, 2025, the gold price decreased by 1.5 million VND after the holiday due to the impact of the world economy last week. Specifically:
DOJI Group listed the price of SJC gold bars at 117.8-119.8 million VND/tael (buy - sell), a decrease of 1.5 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 117.8-119.8 million VND/tael (buy - sell), a decrease of 1.5 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 117.5-119.3 million VND/tael for buying and selling. Compared to yesterday, the gold price decreased by 500 thousand VND/tael for buying and 200 thousand VND/tael for selling.
SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 117.8-119.8 million VND/tael (buying - selling, down 500 thousand VND/tael in buying direction - down 1.2 million VND/tael in selling direction compared to yesterday.
SJC gold price at Phu Quy is traded by businesses at 117.3-120.3 million VND/tael (buy - sell), gold price decreased 200 thousand VND/tael in both buying and selling directions compared to yesterday.
As of 4:30 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 112.5-115 million VND/tael (buy - sell); down 1.5 million VND/tael in both buying and selling directions compared to yesterday.
Bao Tin Minh Chau listed the price of gold rings at 115.5-118.5 million VND/tael (buy - sell); down 1.1 million VND/tael for buying - down 1.2 million VND/tael for selling compared to yesterday.
The latest gold price list today, May 5, 2025 is as follows:
| Gold price today | May 5, 2025 (million dong) | Difference (thousand dong/tael) | ||
| Buy | Sell | Buy | Sell | |
| SJC in Hanoi | 117.8 | 119.8 | -1500 | -1500 |
| DOJI Group | 117.8 | 119.8 | -1500 | -1500 |
| Red Eyelashes | 117.5 | 119.3 | -500 | -200 |
| PNJ | 117.8 | 119.8 | -700 | -1500 |
| Vietinbank Gold | 119.3 | -1500 | ||
| Bao Tin Minh Chau | 117.8 | 119.8 | -500 | -1200 |
| Phu Quy | 117.3 | 120.3 | -200 | -200 |
| 1. DOJI - Updated: 5/5/2025 16:30 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Domestic gold price | Buy | Sell |
| AVPL/SJC HN | 117,800 ▼1500K | 119,800 ▼1500K |
| AVPL/SJC HCM | 117,800 ▼1500K | 119,800 ▼1500K |
| AVPL/SJC DN | 117,800 ▼1500K | 119,800 ▼1500K |
| Raw material 9999 - HN | 112,300 ▼1500K | 114,100 ▼1500K |
| Raw material 999 - HN | 112,200 ▼1500K | 114,000 ▼1500K |
| 2. PNJ - Updated: 5/5/2025 16:30 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| SJC 999.9 gold bar | 11,780 | 11,980 |
| PNJ 999.9 Plain Ring | 11,250 | 11,540 |
| Kim Bao Gold 999.9 | 11,250 | 11,540 |
| Gold Phuc Loc Tai 999.9 | 11,250 | 11,540 |
| 999.9 gold jewelry | 11,250 | 11,500 |
| 999 gold jewelry | 11,239 | 11,489 |
| 9920 jewelry gold | 11,168 | 11,418 |
| 99 gold jewelry | 11,145 | 11,395 |
| 750 Gold (18K) | 7,890 | 8,640 |
| 585 Gold (14K) | 5,993 | 6,743 |
| 416 Gold (10K) | 4,049 | 4,799 |
| PNJ Gold - Phoenix | 11,250 | 11,540 |
| 916 Gold (22K) | 10,294 | 10,544 |
| 610 Gold (14.6K) | 6,280 | 7,030 |
| 650 Gold (15.6K) | 6,740 | 7,490 |
| 680 Gold (16.3K) | 7,085 | 7,835 |
| 375 Gold (9K) | 3,578 | 4,328 |
| 333 Gold (8K) | 3,060 | 3,810 |
| 3. SJC - Updated: 5/5/2025 16:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 117,800 ▼1500K | 119,800 ▼1500K |
| SJC gold 5 chi | 117,800 ▼1500K | 119,800 ▼1500K |
| SJC gold 0.5 chi, 1 chi, 2 chi | 117,800 ▼1500K | 119,800 ▼1500K |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 112,500 ▼1500K | 115,000 ▼1500K |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 112,500 ▼1500K | 115,100 ▼1500K |
| Jewelry 99.99% | 112,500 ▼1500K | 114,400 ▼1500K |
| Jewelry 99% | 109,267 ▼1485K | 113,267 ▼1485K |
| Jewelry 68% | 71,949 ▼1020K | 77,949 ▼1020K |
| Jewelry 41.7% | 41,859 ▼625K | 47,859 ▼625K |
World gold price today 5/5/2025 and world gold price fluctuation chart in the past 24 hours
According to Kitco, the world gold price recorded at 4:30 p.m. today, Vietnam time, was 3,282.38 USD/ounce. Today's gold price increased by 32.69 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,140 VND/USD), the world gold price is about 104.48 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 15.32 million VND/tael higher than the international gold price.
World gold prices rose slightly again as the US dollar weakened, making the precious metal more attractive to investors. Meanwhile, the market is waiting for new developments in the trade relationship between the US and China, as well as the results of the upcoming monetary policy meeting of the US Federal Reserve (Fed).
Specifically, spot gold prices increased by more than 1%, US gold futures also increased by 0.8% to 3,267.70 USD/ounce. The USD decreased by 0.3% against other major currencies, creating favorable conditions for gold prices to increase because gold is priced in USD.
According to Mr. Tim Waterer, chief market analyst at KCM Trade, the decline in the USD exchange rate ahead of the Fed meeting is helping gold prices increase slightly.
He predicts gold prices will continue to fluctuate in the range of $3,200 to $3,350 an ounce before the Fed makes a new policy decision. However, any new information on trade agreements with China will make gold prices more unpredictable.
Investors’ attention this week will be focused on the Fed’s interest rate decision as well as speeches from US central bank officials, which could provide clues on the next direction of monetary policy.
The market is now expecting the Fed to start cutting interest rates from July, with a total cut expected this year of about 80 basis points, despite April's jobs data beating expectations.
Gold is often viewed as a safe haven asset and a hedge against inflation in a climate of low interest rates and global risks. Expectations of loose monetary policy will continue to support gold’s upward trend in the coming period.
US President Donald Trump also confirmed that he will not change Fed Chairman Jerome Powell until his term ends in May 2026, while continuing to call on the Fed to lower interest rates to support the economy. Mr. Trump also said that the US is negotiating trade with many countries, and the top priority is to reach a deal with Beijing.
In addition to gold, other precious metals also increased in price. Silver increased 1.1% to $32.33/ounce, platinum increased 0.1% to $961.20/ounce and palladium increased 0.5% to $958.38/ounce.
Gold Price Forecast
Many Wall Street experts believe that the downward trend in gold prices is still dominant after two consecutive weeks of declines for the precious metal. They say that pressure from the US dollar and market sentiment are creating major obstacles for gold prices in the short term.
Barchart.com expert Darin Newsom predicts that gold prices will continue to fall this week. He believes that if the US Federal Reserve (FED) decides to keep interest rates unchanged, this will support the USD and increase the downward pressure on gold prices.
Michael Moor, founder of Moor Analytics, said that gold is in the final stages of a long-term bull cycle. According to him, gold prices have now reached the maximum downside level according to the analytical model and are only temporarily pausing.
Alex Kuptsikevich of FxPro warned that if gold fails to hold the support zone of $3,200/ounce, the price could continue to fall to $2,900, or even to $2,600 - $2,700 if it breaks the 50-day moving average.
However, there are still opinions that this is just a technical correction and gold may soon recover. Jim Wyckoff, senior analyst at Kitco, expects technical buying to support gold prices to recover slightly after the sell-off last week.
Adam Button from Forexlive.com believes that the market is too optimistic about trade deals, and if the US fails to come up with attractive enough proposals, gold could recover as concerns return.
Marc Chandler, director at Bannockburn Global Forex, predicts that gold prices could correct slightly to the $3,150-$3,165 range if the US dollar continues to strengthen. However, he believes that if prices break above $3,315 an ounce, the negative trend will be broken.
Analysts at CPM Group advise investors who have already bought gold to continue holding and watch for opportunities to buy more if the price corrects to the $3,000 - $3,150 range. They assess that the period from now until August may be a short-term correction period, but a new rally may appear later this year.
Some other experts believe that gold prices will continue to fluctuate within a large range without a clear trend. According to Mr. John Weyer from Walsh Trading, the gold market is still very sensitive to news about global monetary and trade policies. He believes that although gold is a safe-haven asset, it still has many potential risks, and prices may move sideways within a wide range in the near future.
Source: https://baonghean.vn/gia-vang-ngay-5-5-2025-gia-vang-trong-nuoc-giam-gia-vang-the-gioi-tang-10296589.html
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