Update the latest gold price details today, May 17, 2025 in the domestic market
At the time of survey at 6:00 a.m. on May 17, 2025, the price of SJC gold in Hanoi was listed at VND 115.7 million/tael (buy) and VND 118.7 million/tael (sell).
At DOJI Group, today's gold price is listed at 115.7 million VND/tael (buy) and 118.2 million VND/tael (sell).
Mi Hong gold price fluctuated strongly, listed at 116 million VND/tael (buy) and 118.5 million VND/tael (sell).
PNJ is the brand with the strongest increase in the day. PNJ gold price in Ho Chi Minh City is traded at 111.7 million VND/tael (buy) and 114.7 million VND/tael (sell).
Vietinbank Gold listed the selling price at 118.7 million VND/tael, an increase of 500 thousand VND/tael compared to yesterday.
At Bao Tin Minh Chau, gold price is listed at 115.7 million VND/tael (buy) and 118.7 million VND/tael (sell).
Phu Quy gold price today recorded a slight increase, listed at 115 million VND/tael (buy) and 118.7 million VND/tael (sell).
The domestic gold market today witnessed a clear upward trend, with increases ranging from VND200,000/tael to VND1.2 million/tael depending on the brand. In particular, PNJ and SJC gold recorded the strongest increases, while other brands also had positive adjustments.
The latest gold price update table today, May 16, 2025 is as follows:
| Gold price today | ||||
|---|---|---|---|---|
| Buy | Sell | |||
| SJC in Hanoi | 115.7 | ▲200 | 118.7 | ▲500 |
| DOJI Group | 115.7 | ▲200 | 118.2 | ▲200 |
| Red Eyelashes | 116.0 | ▲500 | 118.5 | ▲300 |
| PNJ | 111.7 | ▲1200 | 114.7 | ▲1200 |
| Vietinbank Gold | 118.7 | ▲500 | ||
| Bao Tin Minh Chau | 115.7 | ▲200 | 118.7 | ▲500 |
| Phu Quy | 115.0 | ▲500 | 118.7 | ▲500 |
| 1. DOJI - Updated: May 16, 2025 17:30 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 115,700 ▲200 | 118,700 ▲500 |
| AVPL/SJC HCM | 115,700 ▲200 | 118,700 ▲500 |
| AVPL/SJC DN | 115,700 ▲200 | 118,700 ▲500 |
| Raw material 9999 - HN | 108,900 ▲1200 | 112,200 ▲1200 |
| Raw material 999 - HN | 108,800 ▲1200 | 112,100 ▲1200 |
| 2. PNJ - Updated: May 16, 2025 17:30 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 111,700 ▲1200K | 114,700 ▲1200K |
| HCMC - SJC | 115,700 ▲200K | 118,700 ▲500K |
| Hanoi - PNJ | 111,700 ▲1200K | 114,700 ▲1200K |
| Hanoi - SJC | 115,700 ▲200K | 118,700 ▲500K |
| Da Nang - PNJ | 111,700 ▲1200K | 114,700 ▲1200K |
| Da Nang - SJC | 115,700 ▲200K | 118,700 ▲500K |
| Western Region - PNJ | 111,700 ▲1200K | 114,700 ▲1200K |
| Western Region - SJC | 115,700 ▲200K | 118,700 ▲500K |
| Jewelry gold price - PNJ | 111,700 ▲1200K | 114,700 ▲1200K |
| Jewelry gold price - SJC | 115,700 ▲200K | 118,700 ▲500K |
| Jewelry gold price - Southeast | PNJ | 111,700 ▲1200K |
| Jewelry gold price - SJC | 115,700 ▲200K | 118,700 ▲500K |
| Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 111,700 ▲1200K |
| Jewelry gold price - Kim Bao Gold 999.9 | 111,700 ▲1200K | 114,700 ▲1200K |
| Jewelry gold price - Phuc Loc Tai Gold 999.9 | 111,700 ▲1200K | 114,700 ▲1200K |
| Jewelry gold price - Jewelry gold 999.9 | 111,700 ▲1200K | 114,200 ▲1200K |
| Jewelry gold price - Jewelry gold 999 | 111,590 ▲1200K | 114,090 ▲1200K |
| Jewelry gold price - Jewelry gold 9920 | 110,890 ▲1190K | 113,390 ▲1190K |
| Jewelry gold price - Jewelry gold 99 | 110,660 ▲1190K | 113,160 ▲1190K |
| Jewelry gold price - 750 gold (18K) | 78,300 ▲900K | 85,800 ▲900K |
| Jewelry gold price - 585 gold (14K) | 59,460 ▲700K | 66,960 ▲700K |
| Jewelry gold price - 416 gold (10K) | 40,160 ▲500K | 47,660 ▲500K |
| Jewelry gold price - 916 gold (22K) | 102,210 ▲1100K | 104,710 ▲1100K |
| Jewelry gold price - 610 gold (14.6K) | 62,310 ▲730K | 69,810 ▲730K |
| Jewelry gold price - 650 gold (15.6K) | 66,880 ▲780K | 74,380 ▲780K |
| Jewelry gold price - 680 gold (16.3K) | 70,310 ▲820K | 77,810 ▲820K |
| Jewelry gold price - 375 gold (9K) | 35,480 ▲450K | 42,980 ▲450K |
| Jewelry gold price - 333 gold (8K) | 30,340 ▲400K | 37,840 ▲400K |
| 3. SJC - Updated: May 16, 2025 17:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 115,700 ▲200K | 118,700 ▲500K |
| SJC gold 5 chi | 115,700 ▲200K | 118,720 ▲500K |
| SJC gold 0.5 chi, 1 chi, 2 chi | 115,700 ▲200K | 118,730 ▲500K |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 111,700 ▲1200K | 114,700 ▲1200K |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 111,700 ▲1200K | 114,800 ▲1200K |
| Jewelry 99.99% | 111,700 ▲1200K | 114,100 ▲1200K |
| Jewelry 99% | 108,470 ▲1188K | 112,970 ▲1188K |
| Jewelry 68% | 71,245 ▲816K | 77,745 ▲816K |
| Jewelry 41.7% | 41,234 ▲500K | 47,734 ▲500K |
Update gold price today May 16, 2025 latest on the world market
At the time of trading at 5:00 p.m. on May 16, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,208.9 USD/ounce. Converted according to the USD exchange rate on the free market (26,110 VND/USD), the world gold price is equivalent to about 101.53 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (115.7-118.7 million VND/tael), the SJC gold price is currently about 17.17 million higher than the international gold price.
The world gold price today recorded a sharp decline, marking the worst week in the past 6 months. As of 16:33 (GMT), the spot gold price decreased by 0.9%, down to 3,210.19 USD/ounce. Overall, the gold price lost more than 3% of its value for the week, the sharpest decline since November 2024.
The main reason for the sharp decline in gold prices was the strengthening of the US dollar and positive signals from the interim trade deal between the US and China. According to Nitesh Shah, commodity strategist at WisdomTree, optimism about trade negotiations has reduced demand for gold, which is considered a safe haven asset in times of uncertainty. At the same time, the strengthening of the US dollar makes gold less attractive to investors holding other currencies.
This week, the US and China reached an agreement to temporarily reduce retaliatory tariffs imposed since April, which has improved investor sentiment in global financial markets. However, the recovery of the US dollar, with its fourth consecutive weekly gain, continued to put pressure on gold prices.
Gold hit a record high of $3,500.05 an ounce last month, buoyed by central bank buying, trade war concerns and strong investment demand. However, recent economic optimism and trade talks have dented some of the appeal of the metal.
Still, some experts say gold prices could find support in the near term. Signs of slowing inflation and weaker-than-expected economic data in the United States last week have bolstered expectations that the Federal Reserve will cut interest rates again this year. Low interest rates are generally good for gold, as the precious metal does not yield interest but is seen as a safe store of value.
Despite the decline in gold prices this week, investors continued to buy on dips, suggesting that gold remains a popular asset amid uncertainty over global growth and inflation, said Tim Waterer, market analyst at KCM Trade.
Besides gold, other precious metals also recorded losses today. Silver prices fell 1.2% to $32.28 an ounce, while platinum fell 0.4% to $985.30 an ounce, and palladium fell 1% to $958.56 an ounce.
In general, the gold price today, May 17, 2025, on the world market is under a lot of pressure from the recovery of the USD and the optimism about global trade. However, gold still plays an important role in the investment portfolio of many investors, especially in the context of economic and inflation fluctuations.
Gold price forecast tomorrow 5/17/2025
Gold prices on May 17, 2025 are forecast to continue their upward trend after a week of deep decline, thanks to supportive factors from financial policies and global market sentiment. Although world gold prices have just experienced their worst week in the past 6 months, many experts believe that this precious metal still has the potential to recover strongly in the short term.
One of the key factors supporting gold prices is signs of slowing inflation in the United States. Weaker-than-expected economic data last week reinforced expectations that the Federal Reserve will continue to cut interest rates this year. A low interest rate environment is always favorable for gold, as it reduces the opportunity cost of investing in the precious metal.
In addition, the potential uncertainty in the global economic growth outlook and the uncertainty about inflation continue to make gold a preferred safe-haven asset. This could boost investor buying, creating an upward momentum for gold prices in tomorrow's trading session.
Although financial markets have been buoyed by the interim trade deal between the US and China, experts say the optimism may be short-lived. Concerns about geopolitical risks and economic uncertainty have not completely disappeared, especially as trade negotiations remain unclear. This could prompt investors to return to gold as a store of value, supporting a recovery in prices.
With gold prices down more than 3% this week, the current price is seen as an attractive opportunity for investors to buy in. According to Tim Waterer, an analyst at KCM Trade, the buying interest in gold on the decline shows that the precious metal remains a popular asset, especially in the context of uncertain economic and inflation outlook.
Based on current factors, the gold price on May 17, 2025 is forecasted to continue to recover, thanks to expectations of interest rate cuts from the Fed, investor buying power and concerns about global economic instability. If the USD slightly decreases or remains stable, the gold price can completely increase again in tomorrow's trading session.
Source: https://baoquangnam.vn/tin-tuc-du-bao-gia-vang-hom-nay-17-4-2025-gia-vang-trong-nuoc-phuc-hoi-gan-muc-ky-luc-gia-vang-the-gioi-dong-cua-3154931.html
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