Update the latest gold price details today, May 20, 2025 in the domestic market
Gold price today May 20, 2025 recorded a significant decrease in the market context. At the time of survey at 4:00 p.m., domestic gold prices tended to decrease sharply, specifically as follows:
The price of SJC gold bars at DOJI Group and Saigon Jewelry Company Limited - SJC were simultaneously listed at 116.8 million VND/tael (buy) and 119.3 million VND/tael (sell), unchanged from yesterday. This shows a steady hold at this price, but does not create a bright spot for the market.
At Mi Hong Jewelry Company, SJC gold price is listed at 116.8 million VND/tael (buy) and 118.5 million VND/tael (sell), a decrease of 700 thousand VND/tael for buying and 500 thousand VND/tael for selling compared to yesterday.
PNJ Company also recorded SJC gold price at 111 million VND/tael (buy) and 114 million VND/tael (sell), down 500 thousand VND/tael in both directions compared to yesterday.
Meanwhile, the price of jewelry gold at PNJ also tends to decrease, with the price of 111 million VND/tael (buy) and 114 million VND/tael (sell), down 500 thousand VND/tael in both directions.
Gold price today, May 20, 2025, recorded a not-so-positive picture with price decreases in many units, showing investors' cautious sentiment in the current gold market context.
As of 4:00 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 111.0-114.0 million VND/tael (buy - sell); down 500,000 VND/tael in the selling direction compared to early this morning. The difference between the buying and selling prices is at 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 113.8-116.8 million VND/tael (buy - sell); down 400 thousand VND/tael in both buying and selling directions compared to early this morning. The difference between buying and selling prices is at 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 | 116.8 | ▼700K | 118.5 | ▼500K |
| PNJ | 111.0 | ▼500K | 114.0 | ▼500K |
| Vietinbank Gold | 119.3 | - | ||
| Bao Tin Minh Chau | 116.8 | - | 119.3 | - |
| Phu Quy | 116.3 | - | 119.3 | - |
| 1. DOJI - Updated: 5/20/2025 4:00 PM - 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 | 111,500 ▼500K |
| Raw material 999 - HN | 108,600 | 111,500 ▼500K |
| 2. PNJ - Updated: May 20, 2025 16:00 - Time of the source website - ▼ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 111,000 ▼500K | 114,000 ▼500K |
| HCMC - SJC | 116,800 | 119,300 |
| Hanoi - PNJ | 111,000 ▼500K | 114,000 ▼500K |
| Hanoi - SJC | 116,800 | 119,300 |
| Da Nang - PNJ | 111,000 ▼500K | 114,000 ▼500K |
| Da Nang - SJC | 116,800 | 119,300 |
| Western Region - PNJ | 111,000 ▼500K | 114,000 ▼500K |
| Western Region - SJC | 116,800 | 119,300 |
| Jewelry gold price - PNJ | 111,000 ▼500K | 114,000 ▼500K |
| Jewelry gold price - SJC | 116,800 | 119,300 |
| Jewelry gold price - Southeast | PNJ | 111,000 ▼500K |
| Jewelry gold price - SJC | 116,800 | 119,300 |
| Jewelry gold price - PNJ 999.9 Plain Ring | 111,000 ▼500K | |
| Jewelry gold price - Kim Bao Gold 999.9 | 111,000 ▼500K | 114,000 ▼500K |
| Jewelry gold price - Phuc Loc Tai Gold 999.9 | 111,000 ▼500K | 114,000 ▼500K |
| Jewelry gold price - Jewelry gold 999.9 | 111,000 ▼500K | 113,500 ▼500K |
| Jewelry gold price - Jewelry gold 999 | 110,890 ▼500K | 113,390 ▼500K |
| Jewelry gold price - Jewelry gold 9920 | 110,190 ▼500K | 112,690 ▼500K |
| Jewelry gold price - Jewelry gold 99 | 109,970 ▼490K | 112,470 ▼490K |
| Jewelry gold price - 750 gold (18K) | 77,780 ▼370K | 85,280 ▼370K |
| Jewelry gold price - 585 gold (14K) | 59,050 ▼290K | 66,550 ▼290K |
| Jewelry gold price - 416 gold (10K) | 39,870 ▼200K | 47,370 ▼200K |
| Jewelry gold price - 916 gold (22K) | 101,570 ▼450K | 104,070 ▼450K |
| Jewelry gold price - 610 gold (14.6K) | 61,890 ▼300K | 69,390 ▼300K |
| Jewelry gold price - 650 gold (15.6K) | 66,430 ▼320K | 73,930 ▼320K |
| Jewelry gold price - 680 gold (16.3K) | 69,830 ▼340K | 77,330 ▼340K |
| Jewelry gold price - 375 gold (9K) | 35,210 ▼190K | 42,710 ▼190K |
| Jewelry gold price - 333 gold (8K) | 30,110 ▼160K | 37,610 ▼160K |
| 3. SJC - Updated: 5/20/2025 4:00 PM - 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 | 111,000 ▼500K | 114,000 ▼500K |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 111,000 ▼500K | 114,100 ▼500K |
| Jewelry 99.99% | 111,000 ▼500K | 113,400 ▼500K |
| Jewelry 99% | 107,777 ▼495K | 113,400 ▼495K |
| Jewelry 68% | 70,769 ▼340K | 77,269 ▼340K |
| Jewelry 41.7% | 40,942 ▼200K | 47,442 ▼200K |
Update gold price today May 20, 2025 latest on the world market
At the time of trading at 10:39 a.m. on May 20, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,2356.43 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 103.03 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 16.27 million higher than the international gold price.
Gold prices in the world market have decreased slightly. The recovery of the US dollar along with optimistic signals about the possibility of a ceasefire between Russia and Ukraine has reduced investment demand for gold. According to updated information, the spot price of gold has decreased by 0.4% to 3,215.31 USD per ounce, while the US gold futures contract has also decreased by 0.5% to 3,218.40 USD.
The US dollar has shown signs of a slight recovery after falling to its lowest level in more than a week in the previous session, making gold, priced in dollars, less attractive to holders of other currencies. Kyle Rodda, a financial markets analyst at Capital.com, said the rapid reaction to the US credit downgrade is fading and there is some hope of a ceasefire between Ukraine and Russia.
US President Donald Trump spoke with Russian President Vladimir Putin on Monday and said the two countries would immediately begin talks on a ceasefire. Rodda also noted that buyers appear to be emerging as gold prices fall below $3,200, but he also predicted a larger correction, especially if geopolitical risks abate and interest rate pressures from US fiscal policy increase.
Gold is often seen as a safe haven asset during times of geopolitical and economic uncertainty. It has hit multiple record highs this year and is up about 23% year to date. Federal Reserve officials on Monday expressed caution about the impact of recent credit downgrades and volatile markets as they continue to navigate a highly uncertain economic environment.
Moody's downgraded the US credit rating to Aa1 from Aaa on Friday, citing rising debt and interest rates, which are significantly higher than those of similarly rated countries. Several Fed officials are scheduled to speak today, which could provide more information on the economy and central bank policy. Markets are currently pricing in at least 53 basis points of rate cuts this year, with the first cut expected to begin in October.
Silver also fell 0.3% to $32.25 an ounce, while platinum rose 0.3% to $1,000.71 and palladium fell 0.1% to $973.74.
Gold price forecast today 5/20/2025
At the time of trading this morning, May 20, 2025, the world gold price was recorded at 3,212.34 USD/ounce, equivalent to about 101.63 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 17.66 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 world gold price is showing a slight downward trend mainly due to the recovery of the USD and concerns about global trade tensions. Recently, US Treasury Secretary Scott Bessent announced that President Donald Trump may 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://baodaknong.vn/tin-tuc-du-bao-gia-vang-hom-nay-20-5-2025-gia-vang-trong-nuoc-va-the-gioi-tiep-tuc-sut-giam-253117.html
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