Update the latest gold price details today, May 23, 2025 in the domestic market
At the time of the survey on May 23, 2025, domestic gold prices recorded a downward trend at many major brands. The listed prices showed slight adjustments in both buying and selling directions, reflecting the slowdown of the domestic gold market. Specifically:
SJC gold price in Hanoi is listed at 118.5 million VND/tael (buy) and 120.5 million VND/tael (sell), unchanged from yesterday.
DOJI Group also maintained the price of SJC gold bars at 118.5 million VND/tael (buy) and 120.5 million VND/tael (sell), unchanged from the previous session.
Mi Hong Jewelry Company listed the price of SJC gold at 118.5 million VND/tael (buy) and 120 million VND/tael (sell), with no fluctuations recorded during the day.
Meanwhile, gold prices at PNJ witnessed a notable decline. The buying price decreased by VND500,000/tael, currently listed at VND112.5 million/tael (buy) and VND115.5 million/tael (sell).
Phu Quy also recorded a slight decrease, the price of SJC gold here is trading at 117.5 million VND/tael (buy) and 120.5 million VND/tael (sell), down 300 thousand VND/tael in both directions compared to yesterday.
Bao Tin Minh Chau maintained the same price compared to other major brands, listed at 118.5 million VND/tael (buy) and 120.5 million VND/tael (sell), no change compared to the previous session.
The downward trend in gold prices today reflects the market adjustment in the context of world gold prices also being under pressure from global economic signals. With a decrease of 300,000 VND/tael to 500,000 VND/tael at some major brands, investors need to consider carefully before making a trading decision.
As of 6:00 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 112.5-115.0 million VND/tael (buy - sell); down 500,000 VND/tael in the buying direction compared to early this morning. The difference between buying and selling prices is at 2.5 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 114.5-117.5 million VND/tael (buy - sell). Decreased by 300 thousand VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
The latest gold price update table today, May 23, 2025 is as follows:
| Gold price today | ||||
|---|---|---|---|---|
| Buy | Sell | |||
| SJC in Hanoi | 118.5 | - | 120.5 | - |
| DOJI Group | 118.5 | - | 120.5 | - |
| Red Eyelashes | 118.5 | - | 120.0 | - |
| PNJ | 112.5 | ▼500 | 115.5 | - |
| Vietinbank Gold | 120.5 | - | ||
| Bao Tin Minh Chau | 118.5 | - | 120.5 | - |
| Phu Quy | 117.5 | ▼300 | 120.5 | ▼300 |
| 1. DOJI - Updated: May 23, 2025 18:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 118,500 | 120,500 |
| AVPL/SJC HCM | 118,500 | 120,500 |
| AVPL/SJC DN | 120,500 | 120,500 |
| Raw material 9999 - HN | 107,900 ▼1800K | 113,000 |
| Raw material 999 - HN | 107,800 ▼1800K | 112,900 |
| 2. PNJ - Updated: May 23, 2025 18:00 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 112,500 ▼500K | 115,500 |
| HCMC - SJC | 118,500 | 120,500 |
| Hanoi - PNJ | 112,500 ▼500K | 115,500 |
| Hanoi - SJC | 118,500 | 120,500 |
| Da Nang - PNJ | 112,500 ▼500K | 115,500 |
| Da Nang - SJC | 118,500 | 120,500 |
| Western Region - PNJ | 112,500 ▼500K | 115,500 |
| Western Region - SJC | 118,500 | 120,500 |
| Jewelry gold price - PNJ | 112,500 ▼500K | 115,500 |
| Jewelry gold price - SJC | 118,500 | 120,500 |
| Jewelry gold price - Southeast | PNJ | 112,500 ▼500K |
| Jewelry gold price - SJC | 118,500 | 120,500 |
| Jewelry gold price - PNJ 999.9 Plain Ring | 112,500 ▼500K | |
| Jewelry gold price - Kim Bao Gold 999.9 | 112,500 ▼500K | 115,500 |
| Jewelry gold price - Phuc Loc Tai Gold 999.9 | 112,500 ▼500K | 115,500 |
| Jewelry gold price - Jewelry gold 999.9 | 112,000 ▼800K | 114,500 ▼800K |
| Jewelry gold price - Jewelry gold 999 | 111,890 ▼800K | 114,390 ▼800K |
| Jewelry gold price - Jewelry gold 9920 | 111,180 ▼800K | 113,680 ▼800K |
| Jewelry gold price - Jewelry gold 99 | 110,960 ▼790K | 113,460 ▼790K |
| Jewelry gold price - 750 gold (18K) | 78,530 ▼600K | 86,030 ▼600K |
| Jewelry gold price - 585 gold (14K) | 59,630 ▼470K | 67,130 ▼470K |
| Jewelry gold price - 416 gold (10K) | 40,280 ▼340K | 47,780 ▼340K |
| Jewelry gold price - 916 gold (22K) | 102,480 ▼740K | 104,980 ▼740K |
| Jewelry gold price - 610 gold (14.6K) | 62,500 ▼480K | 70,000 ▼480K |
| Jewelry gold price - 650 gold (15.6K) | 67,080 ▼520K | 74,580 ▼520K |
| Jewelry gold price - 680 gold (16.3K) | 70,510 ▼540K | 78,010 ▼540K |
| Jewelry gold price - 375 gold (9K) | 35,590 ▼300K | 43,090 ▼300K |
| Jewelry gold price - 333 gold (8K) | 30,440 ▼260K | 37,940 ▼260K |
| 3. SJC - Updated: 5/23/2025 6:00 PM - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 118,500 | 120,500 |
| SJC gold 5 chi | 118,500 | 120,520 |
| SJC gold 0.5 chi, 1 chi, 2 chi | 118,500 | 120,530 |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 112,500 | 115,500 |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 112,500 | 115,600 |
| Jewelry 99.99% | 112,500 | 114,900 |
| Jewelry 99% | 109,262 | 113,762 |
| Jewelry 68% | 71,789 | 78,289 |
| Jewelry 41.7% | 41,568 | 48,068 |
Update gold price today May 23, 2025 latest on the world market
At the time of trading at 5:30 p.m. on May 23, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,327.86 USD/ounce. Converted according to the USD exchange rate on the free market (26,140 VND/USD), the world gold price is equivalent to about 105.29 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (118.5-120.5 million VND/tael), the SJC gold price is currently about 15.2 million higher than the international gold price.
World gold prices on May 23, 2025 recorded a 1% increase, marking the best week in the past six weeks. This growth was fueled by a weakening USD and concerns about the US financial situation, causing investors to seek gold as a safe haven asset. Currently, the spot price of gold reached 3,327.89 USD/ounce, up 4% this week - the strongest increase since April 7.
According to UBS expert Giovanni Staunovo, the passage of the new tax bill by President Donald Trump is supporting gold prices. However, this also raises concerns about the US financial situation, especially the possibility of increasing public debt. In this context, some investors have shifted from Treasury bonds to gold to reduce risks.
Last week, Moody's - one of the world's three largest credit rating agencies - downgraded the US credit rating by one notch, citing the country's massive debt of up to $36 trillion. This created anxiety in financial markets, causing investors to reduce their risk appetite and increase their search for safe assets such as gold.
In addition, the US dollar fell 0.5% this week, marking the biggest decline since April. When the US dollar is weak, gold – which is priced in US dollars – becomes cheaper for investors holding other currencies, thereby boosting demand for gold.
Spot gold is likely to retest the resistance level of $3,335 an ounce, and if it breaks through this level, gold could continue to rise to $3,366 an ounce, according to Reuters technical analyst Wang Tao.
Besides gold, other precious metals also had diverse developments. Spot silver prices increased slightly by 0.2% to $ 33.13 / ounce, while platinum remained unchanged at $ 1,081.43 / ounce and palladium decreased by 0.5% to $ 1,009.89 / ounce.
Concerns about the US financial and political situation are creating a strong driving force for world gold prices. As a safe haven asset, gold continues to attract investors' attention, especially in the context of a weakening USD and rising US public debt. This is also the main factor causing the gold price today, May 23, 2025, on the world market to maintain a strong upward momentum.
Gold price forecast tomorrow 5/24/2025
The gold price on May 24, 2025 is forecast to continue to increase strongly, reflecting the upward trend of the world gold market. At 5:30 p.m. on May 23, 2025, the world gold price recorded 3,327.86 USD/ounce, reaching the highest peak in more than a month. Converted to Vietnamese currency, the world gold price is currently equivalent to 105.29 million VND/tael, about 15.2 million VND/tael lower than the domestic SJC gold price.
The main reason for the sharp increase in world gold prices is the weakening of the USD and investors' concerns about the unstable financial situation in the US. With the US dollar falling more than 1% this week, gold has become more attractive to investors using other currencies. At the same time, issues such as high US public debt, new tax policies and geopolitical instability have pushed investors to seek gold as a safe haven asset.
In Vietnam, domestic gold prices often fluctuate according to international trends. It is expected that in the morning trading session on May 24, 2025, SJC gold prices will continue to increase as the market reflects international developments. Those interested in gold need to closely monitor the information to make appropriate investment decisions.
Gold prices on May 24, 2025 are likely to continue their strong increase, thanks to support from the world market and investor caution in the face of global financial risks.
Source: https://baoquangnam.vn/tin-tuc-du-bao-gia-vang-ngay-mai-24-5-2025-gia-vang-trong-nuoc-tang-manh-tro-lai-theo-xu-huong-quoc-te-3155382.html
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