Vietnam.vn - Nền tảng quảng bá Việt Nam

News, gold price forecast tomorrow 5/20/2025 domestic and world gold prices increase to near record levels

Gold price tomorrow, May 20, 2025 is forecast to increase sharply, approaching a record level due to the weakening USD and concerns about global trade tensions.

Báo Quảng NamBáo Quảng Nam19/05/2025

Update the latest gold price details today, May 19, 2025 in the domestic market

At the time of survey at 5:30 p.m. on May 19, 2025, domestic gold prices recorded a strong upward trend in most major brands. Specifically:

The price of SJC gold bars in Hanoi was listed at VND116.8 million/tael (buy) and VND119.3 million/tael (sell), up VND1.3 million/tael and VND800,000/tael respectively compared to yesterday. Similarly, in Ho Chi Minh City and Da Nang, the price of SJC gold also recorded a similar increase.

DOJI Group listed the price of SJC gold bars in Hanoi at VND116.8 million/tael (buy) and VND119.3 million/tael (sell), up VND1.3 million/tael and VND800,000/tael, respectively. This is a notable increase during the day.

Mi Hong Jewelry Company listed the price of SJC gold at 117.5 million VND/tael (buy) and 119.3 million VND/tael (sell). Compared to yesterday, the gold price increased slightly by 500 thousand VND/tael for buying and 800 thousand VND/tael for selling.

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), an increase of VND500,000/tael compared to yesterday.

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), up 1.3 million VND/tael and 800 thousand VND/tael, respectively.

News, gold price forecast tomorrow 5/20/2025 domestic and world gold prices increase to near record levels
News, gold price forecast tomorrow 5/20/2025 domestic and world gold prices increase to near record levels

As of 5:30 p.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); an increase of 500 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.

Bao Tin Minh Chau listed the price of gold rings at 114.2-117.2 million VND/tael (buy - sell); an increase of 200 thousand VND/tael in both buying and selling prices compared to early this morning. The difference between buying and selling prices is at 3 million VND/tael.

With the simultaneous price increase from major brands such as SJC, DOJI, Mi Hong, PNJ and Phu Quy, the gold price today, May 19, 2025, shows a strong upward trend. This reflects the high demand for gold in the market, along with positive fluctuations from the international market.

The latest gold price update table today, May 20, 2025 is as follows:

Gold price today
BuySell
SJC in Hanoi 116.8 ▲1300 119.3 ▲800
DOJI Group 116.8 ▲1300 119.3 ▲800
Red Eyelashes 117.5 ▲500 119.3 ▲800
PNJ 111.5 ▲500 114.7 ▲500
Vietinbank Gold 119.3 ▲800
Bao Tin Minh Chau 116.8 ▲1300 119.3 ▲800
Phu Quy 116.3 ▲1300 119.3 ▲800
1. DOJI - Updated: May 19, 2025 17:30 - Source website time - ▼/▲ Compared to yesterday.
Type Buy Sell
AVPL/SJC HN 116,800
▲1300
119,300
▲800
AVPL/SJC HCM 116,800
▲1300
119,300
▲800
AVPL/SJC DN 116,800
▲1300
119,300
▲800
Raw material 9999 - HN 108,700
▲500
112,000
▲500
Raw material 999 - HN 108,600
▲500
111,900
▲500
2. PNJ - Updated: May 19, 2025 17:30 - Time of the source website - ▼/▲ Compared to yesterday.
Type Buy Sell
HCMC - PNJ 111,500 ▲500K 114,500 ▲500K
HCMC - SJC 116,800 ▲1300K 119,300 ▲800K
Hanoi - PNJ 111,500 ▲500K 114,500 ▲500K
Hanoi - SJC 116,800 ▲1300K 119,300 ▲800K
Da Nang - PNJ 111,500 ▲500K 114,500 ▲500K
Da Nang - SJC 116,800 ▲1300K 119,300 ▲800K
Western Region - PNJ 111,500 ▲500K 114,500 ▲500K
Western Region - SJC 116,800 ▲1300K 119,300 ▲800K
Jewelry gold price - PNJ 111,500 ▲500K 114,500 ▲500K
Jewelry gold price - SJC 116,800 ▲1300K 119,300 ▲800K
Jewelry gold price - Southeast PNJ 111,500 ▲500K
Jewelry gold price - Southeast SJC 116,800 ▲1300K 119,300 ▲800K
Jewelry gold price - PNJ 999.9 Plain Ring 111,500 ▲500K
Jewelry gold price - Kim Bao Gold 999.9 111,500 ▲500K 114,500 ▲500K
Jewelry gold price - Phuc Loc Tai Gold 999.9 111,500 ▲500K 114,500 ▲500K
Jewelry gold price - Jewelry gold 999.9 111,500 ▲500K 114,000 ▲500K
Jewelry gold price - Jewelry gold 999 111,390 ▲500K 113,890 ▲500K
Jewelry gold price - Jewelry gold 9920 110,690 ▲500K 113,190 ▲500K
Jewelry gold price - Jewelry gold 99 110,460 ▲490K 112,960 ▲490K
Jewelry gold price - 750 gold (18K) 78,150 ▲370K 85,650 ▲370K
Jewelry gold price - 585 gold (14K) 59,340 ▲290K 66,840 ▲290K
Jewelry gold price - 416 gold (10K) 40,070 ▲200K 47,570 ▲200K
Jewelry gold price - 916 gold (22K) 102,020 ▲450K 104,520 ▲450K
Jewelry gold price - 610 gold (14.6K) 62,190 ▲300K 69,690 ▲300K
Jewelry gold price - 650 gold (15.6K) 66,750 ▲320K 74,250 ▲320K
Jewelry gold price - 680 gold (16.3K) 70,170 ▲340K 77,670 ▲340K
Jewelry gold price - 375 gold (9K) 35,400 ▲190K 42,900 ▲190K
Jewelry gold price - 333 gold (8K) 30,270 ▲160K 37,770 ▲160K
3. SJC - Updated: May 19, 2025 17:30 - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG 116,800
▲1300K
119,300
▲500K
SJC gold 5 chi 116,800
▲1300K
119,320
▲500K
SJC gold 0.5 chi, 1 chi, 2 chi 116,800
▲1300K
119,330
▲500K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi 111,500
▲500K
114,500
▲500K
SJC 99.99% gold ring 0.5 chi, 0.3 chi 111,500
▲500K
114,600
▲500K
Jewelry 99.99% 111,500
▲500K
113,900
▲500K
Jewelry 99% 108,272
▲495K
112,772
▲495K
Jewelry 68% 71,109
▲340K
77,609
▲340K
Jewelry 41.7% 41,151
▲208K
47,651
▲208K

Update gold price today May 19, 2025 latest on the world market

At the time of trading at 5:17 p.m. on May 19, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,239.25 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 102.49 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 16.81 million higher than the international gold price.

Gold prices rose more than 1% today, 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 tomorrow 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-ngay-mai-20-5-2025-gia-vang-trong-nuoc-va-the-gioi-tang-len-gan-muc-ky-luc-3155111.html


Comment (0)

No data
No data

Same category

Ha Giang - the beauty that holds people's feet
Picturesque 'infinity' beach in Central Vietnam, popular on social networks
Follow the sun
Come to Sapa to immerse yourself in the world of roses

Same author

Heritage

Figure

Business

No videos available

News

Political System

Local

Product