Update the latest gold price details today, May 20, 2025 in the domestic market
At the time of survey at 4:00 a.m. on May 20, 2025, the price of SJC gold bars in Hanoi was listed at VND 116.8 million/tael (buy) and VND 119.3 million/tael (sell). Similarly, in Ho Chi Minh City and Da Nang, the price of SJC gold also recorded a similar price.
DOJI Group listed the price of SJC gold bars in Hanoi at 116.8 million VND/tael (buy) and 119.3 million VND/tael (sell).
Mi Hong Jewelry Company listed the price of SJC gold at 117.5 million VND/tael (buy) and 119.3 million VND/tael (sell).
Gold prices at PNJ also recorded a simultaneous increase in both directions. In Ho Chi Minh City, Hanoi and Da Nang , SJC gold bars were traded at VND111.5 million/tael (buy) and VND114.5 million/tael (sell).
Phu Quy Jewelry Company listed the price of SJC gold bars at 116.3 million VND/tael (buy) and 119.3 million VND/tael (sell).
As of 4:00 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 111.5-114.5 million VND/tael (buy - sell). The difference between the buy and sell prices is at 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 114.2-117.2 million VND/tael (buy - sell); The difference between the buy and sell prices is 3 million VND/tael.
The latest gold price update table today, May 20, 2025 is as follows:
| Gold price today | ||||
|---|---|---|---|---|
| Buy | Sell | |||
| SJC in Hanoi | 116.8 | - | 119.3 | - |
| DOJI Group | 116.8 | - | 119.3 | - |
| Red Eyelashes | 117.5 | - | 119.3 | - |
| PNJ | 111.5 | - | 114.7 | - |
| Vietinbank Gold | 119.3 | - | ||
| Bao Tin Minh Chau | 116.8 | - | 119.3 | - |
| Phu Quy | 116.3 | - | 119.3 | - |
| 1. DOJI - Updated: 05/20/2025 04:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 116,800 | 119,300 |
| AVPL/SJC HCM | 116,800 | 119,300 |
| AVPL/SJC DN | 116,800 | 119,300 |
| Raw material 9999 - HN | 108,700 | 112,000 |
| Raw material 999 - HN | 108,600 | 111,900 |
| 2. PNJ - Updated: 05/20/2025 04:00 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 111,500 | 114,500 |
| HCMC - SJC | 116,800 | 119,300 |
| Hanoi - PNJ | 111,500 | 114,500 |
| Hanoi - SJC | 116,800 | 119,300 |
| Da Nang - PNJ | 111,500 | 114,500 |
| Da Nang - SJC | 116,800 | 119,300 |
| Western Region - PNJ | 111,500 | 114,500 |
| Western Region - SJC | 116,800 | 119,300 |
| Jewelry gold price - PNJ | 111,500 | 114,500 |
| Jewelry gold price - SJC | 116,800 | 119,300 |
| Jewelry gold price - Southeast PNJ | 111,500 | |
| Jewelry gold price - Southeast SJC | 116,800 | 119,300 |
| Jewelry gold price - PNJ 999.9 Plain Ring | 111,500 | |
| Jewelry gold price - Kim Bao Gold 999.9 | 111,500 | 114,500 |
| Jewelry gold price - Phuc Loc Tai Gold 999.9 | 111,500 | 114,500 |
| Jewelry gold price - Jewelry gold 999.9 | 111,500 | 114,000 |
| Jewelry gold price - Jewelry gold 999 | 111,390 | 113,890 |
| Jewelry gold price - Jewelry gold 9920 | 110,690 | 113,190 |
| Jewelry gold price - Jewelry gold 99 | 110,460 | 112,960 |
| Jewelry gold price - 750 gold (18K) | 78,150 | 85,650 |
| Jewelry gold price - 585 gold (14K) | 59,340 | 66,840 |
| Jewelry gold price - 416 gold (10K) | 40,070 | 47,570 |
| Jewelry gold price - 916 gold (22K) | 102.020 | 104,520 |
| Jewelry gold price - 610 gold (14.6K) | 62,190 | 69,690 |
| Jewelry gold price - 650 gold (15.6K) | 66,750 | 74,250 |
| Jewelry gold price - 680 gold (16.3K) | 70,170 | 77,670 |
| Jewelry gold price - 375 gold (9K) | 35,400 | 42,900 |
| Jewelry gold price - 333 gold (8K) | 30,270 | 37,770 |
| 3. SJC - Updated: 5/20/2025 04:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 116,800 | 119,300 |
| SJC gold 5 chi | 116,800 | 119,320 |
| SJC gold 0.5 chi, 1 chi, 2 chi | 116,800 | 119,330 |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 111,500 | 114,500 |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 111,500 | 114,600 |
| Jewelry 99.99% | 111,500 | 113,900 |
| Jewelry 99% | 108,272 | 112,772 |
| Jewelry 68% | 71,109 | 77,609 |
| Jewelry 41.7% | 41,151 | 47,651 |
Update gold price today May 20, 2025 latest on the world market
At the time of trading at 04:00 on May 20, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,234.9 USD/ounce. Converted according to the USD exchange rate on the free market (26,120 VND/USD), the world gold price is equivalent to about 102.35 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (116.8-119.3 million VND/tael), the SJC gold price is currently about 16.95 million higher than the international gold price.
Gold prices rose more than 1% yesterday, thanks to the weakening of the US dollar and the demand for safe-haven assets after Moody's downgraded the US government's credit rating. At 08:39 GMT, spot gold prices reached $3,234.41/ounce, reversing the increase after falling in the previous session. Meanwhile, US gold futures also increased by 1.6%, to $3,237.70/ounce.
Gold prices have rebounded above $3,200 an ounce after a week of declines, thanks to increased demand for safe havens, according to Carlo Alberto De Casa of Swissquote. The main reason is concerns about the US economic outlook, especially after Moody's downgraded the country's credit rating last Friday. This is the last downgrade by major rating agencies, with the reason related to the US's huge $36 trillion public debt.
A weaker US dollar was also a key factor in the rise in gold prices. The greenback fell 0.7% against a basket of major currencies, making gold, which is priced in US dollars, cheaper for foreign investors. Trade uncertainty also boosted demand for gold. US Treasury Secretary Scott Bessent said President Donald Trump would impose tariffs on trading partners that do not negotiate “in good faith.”
In addition, weak economic data from China has also added to the worries in financial markets, making gold a safer option in times of uncertainty. Gold, considered a "safe haven" in times of political and financial uncertainty, hit a record high of $3,500.05 an ounce on April 22 and is up 22% year to date.
Goldman Sachs forecasts gold prices will continue to rise, reaching $3,700 an ounce by the end of 2025 and possibly hitting $4,000 an ounce by mid-2026. The bank maintains its forecast despite the US Federal Reserve delaying interest rate cuts and the risk of a US recession decreasing.
Meanwhile, other precious metals also recorded gains. Silver prices rose 0.6% to $32.46 an ounce, platinum prices rose 0.7% to $994.60 an ounce and palladium prices rose 0.8% to $968.32 an ounce.
With the above developments, the gold price today, May 19, 2025, on the world market continues to show strong appeal, especially in the context of global economic and political instability.
Gold price forecast today 5/20/2025
At the time of trading on the afternoon of May 19, 2025, the world gold price was recorded at 3,239.25 USD/ounce, equivalent to about 102.49 million VND/tael if converted according to the USD exchange rate on the free market. Compared to the domestic SJC gold bar price, the current SJC gold price is about 16.81 million VND/tael higher than the world gold price. This shows the large difference between the domestic and international markets, which often reflect domestic demand and supply.
The price of gold is on an upward trend, mainly due to the weakening of the US dollar and concerns about global trade tensions. Recently, US Treasury Secretary Scott Bessent announced that President Donald Trump could impose tariffs on countries that are not "in good faith" in trade negotiations. This information has made investors worried and turned to safe assets such as gold, increasing the value of this precious metal.
In addition, Moody's - one of the world's leading credit rating organizations - downgraded the US credit rating, also putting great pressure on the financial market. This increased investors' defensive sentiment, boosting demand for gold to protect assets. According to expert Tim Waterer from KCM Trade, the possibility of the US Federal Reserve (Fed) cutting interest rates in July or September is also being predicted, especially when US economic data shows signs of weakening.
These factors all contributed to the upward momentum for gold prices. Not only gold, other precious metals such as silver, platinum and palladium also recorded slight increases, showing that the general market trend is leaning towards safe-haven assets.
Domestically, SJC gold prices often fluctuate according to world market trends. Therefore, in the trading session tomorrow morning, May 20, 2025, SJC gold prices may continue to increase, especially when international factors are still strongly supporting the gold's upward momentum.
In summary, the gold price on May 20, 2025 is forecast to increase in the context of a weakening USD, escalating trade tensions and defensive investor sentiment globally. This is the time when gold continues to assert its role as the leading safe haven.
Source: https://baoquangnam.vn/tin-tuc-du-bao-gia-vang-hom-nay-20-5-2025-gia-vang-trong-nuoc-va-the-gioi-tang-len-gan-muc-ky-luc-3155111.html
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