Vietnam.vn - Nền tảng quảng bá Việt Nam

News, gold price forecast tomorrow May 4, 2025: Domestic gold price is nearly 20 million higher than world gold price

The domestic gold price on May 4, 2025 is nearly 20 million VND different from the world price. Is there a chance for the price to increase?

Báo Quảng NamBáo Quảng Nam03/05/2025

Index
  • Update the latest gold price details today, May 3, 2025 in the domestic market
  • Update gold price today May 3, 2025 latest on the world market
  • Gold price forecast tomorrow 5/4/2025

Update the latest gold price details today, May 3, 2025 in the domestic market

At the time of the survey at 6:30 p.m. on May 3, 2025, domestic gold prices recorded a slight downward trend at most major trading units. Market developments show that gold prices are maintaining a low level, reflecting the sluggishness in transactions. Below are details of gold price updates at the systems:

SJC in Hanoi : Listed price is at 119.3 million VND/tael (buy) and 121.3 million VND/tael (sell), unchanged from the previous session. SJC in Ho Chi Minh City and Da Nang: Also maintained the same price, no significant change.

DOJI in Hanoi and Ho Chi Minh City: SJC gold bar price is listed at 119.3 million VND/tael (buy) and 121.3 million VND/tael (sell), no change compared to yesterday.

PNJ in Hanoi and Ho Chi Minh City: SJC gold bar price remains at 118.5 million VND/tael (buy) and 121.3 million VND/tael (sell). PNJ 999.9 gold jewelry: Recorded a decrease, buying price at 112 million VND/tael and selling price at 116 million VND/tael.

Bao Tin Minh Chau: SJC gold bar price increased slightly in the buying direction, reaching 118.3 million VND/tael (up 200 thousand VND), while the selling price remained unchanged at 121 million VND/tael.

DOJI: The price of 9999 round gold rings is listed at 114 million VND/tael (buy) and 116.5 million VND/tael (sell), a slight decrease compared to yesterday. SJC: The price of 9999 gold rings is recorded at 114 million VND/tael (buy) and 116.6 million VND/tael (sell), a slight increase in the selling direction.

In general, the gold price today, May 3, 2025, shows a slight downward trend at many large trading units, while some places recorded flat prices. This reflects the sluggishness in gold bar and gold ring trading.

News, gold price forecast tomorrow 4 5 2025 Domestic gold price continues to be nearly 20 million higher than world gold price
News, gold price forecast tomorrow May 4, 2025: Domestic gold price is nearly 20 million higher than world gold price

As of 6:30 p.m. today, the price of 9999 round gold rings at DOJI is listed at 114-116.5 million VND/tael (buy - sell); the price is unchanged in both directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 116.6-119.7 million VND/tael (buy - sell); the gold price increased by 200 thousand VND/tael in the buying direction compared to early this morning.

The latest gold price update table today, May 3, 2025 is as follows:

Gold price today
BuySell
SJC in Hanoi 119.3 - 121.3 -
DOJI Group 119.3 - 121.3 -
Red Eyelashes 118.0 - 120.0 -
PNJ 112.0 - 116.0 -
Vietinbank Gold 121.3 -
Bao Tin Minh Chau 118.3 ▲200 121.0 -
Phu Quy 118.3 - 121.3 -
1. DOJI - Updated: 05/03/2025 18:30 - Time of the source website - ▼/▲ Compared to yesterday.
Type Buy Sell
AVPL/SJC HN 119,300 121,300
AVPL/SJC HCM 119,300 121,300
AVPL/SJC DN 119,300 121,300
Raw material 9999 - HN 113,800 115,600
Raw material 999 - HN 113,700 115,500
2. PNJ - Updated: 05/03/2025 18:30 - Time of the source website - ▼/▲ Compared to yesterday.
Type Buy Sell
HCMC - PNJ 112,000 116,000
HCMC - SJC 118,500 121,300
Hanoi - PNJ 112,000 116,000
Hanoi - SJC 118,500 121,300
Da Nang - PNJ 112,000 116,000
Da Nang - SJC 118,500 121,300
Western Region - PNJ 112,000 116,000
Western Region - SJC 118,500 121,300
Jewelry gold price - PNJ 112,000 116,000
Jewelry gold price - SJC 118,500 121,300
Jewelry gold price - Southeast PNJ 112,000
Jewelry gold price - SJC 118,500 121,300
Jewelry gold price - Jewelry gold price PNJ 999.9 Plain Ring 112,000
Jewelry gold price - Kim Bao Gold 999.9 112,000 116,000
Jewelry gold price - Phuc Loc Tai Gold 999.9 112,000 116,000
Jewelry gold price - Jewelry gold 999.9 112,000 114,500
Jewelry gold price - Jewelry gold 999 111,890 114,390
Jewelry gold price - Jewelry gold 9920 111,180 113,680
Jewelry gold price - Jewelry gold 99 110,960 113,460
Jewelry gold price - 750 gold (18K) 78,530 86,030
Jewelry gold price - 585 gold (14K) 59,630 67,130
Jewelry gold price - 416 gold (10K) 40,280 47,780
Jewelry gold price - 916 gold (22K) 102,480 104,980
Jewelry gold price - 610 gold (14.6K) 62,500 70,000
Jewelry gold price - 650 gold (15.6K) 67,080 74,580
Jewelry gold price - 680 gold (16.3K) 70,510 78,010
Jewelry gold price - 375 gold (9K) 35,590 43,090
Jewelry gold price - 333 gold (8K) 30,440 37,940
3. SJC - Updated: 05/03/2025 18:30 - Time of the source website - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG 119,300 121,300
SJC gold 5 chi 119,300 121,320
SJC gold 0.5 chi, 1 chi, 2 chi 119,300 121,330
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi 114,000 116,500
SJC 99.99% gold ring 0.5 chi, 0.3 chi 114,000 116,600
Jewelry 99.99% 114,000 115,900
Jewelry 99% 110,752 114,752
Jewelry 68% 64,969 78,969
Jewelry 41.7% 42,485 48,485

Update gold price today May 3, 2025 latest on the world market

At the time of trading at 6:30 p.m. on May 3, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,239.27 USD/ounce. Converted according to the USD exchange rate on the free market (26,180 VND/USD), the world gold price is equivalent to about 102.39 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (119.3-121.3 million VND/tael), the SJC gold price is currently about 18.9 million higher than the international gold price.

Update gold price today 3 5 2025 latest on world market
Update gold price today May 3, 2025 latest on the world market

Gold prices on May 3, 2025, the world gold price fell due to buying demand before the release of the US non-farm payrolls report. In the previous session, gold prices hit a two-week low, but signs of easing trade tensions between the US and China have put the safe-haven metal on track to fall for a second consecutive week.

Spot gold was at $3,239.27 an ounce at 6 p.m. ET. So far this week, gold has lost 1.8%. "The overall risk appetite has improved this week on hopes of improving US-China trade relations," said Ole Hansen, head of commodity strategy at Saxo Bank.

China’s commerce ministry said the United States has repeatedly expressed its desire to negotiate on tariffs and Beijing is also open to discussions. Signs of progress in U.S.-China trade talks have lifted risk sentiment and dented the appeal of safe-haven assets such as gold.

UBS has said that gold remains a useful hedge against political risk, predicting continued volatility but strong long-term support from central bank buying, investment demand and a declining dollar. Under-allocated investors could use the recent weakness in gold prices as an opportunity to build positions or rebalance existing structures for long-term stability.

Markets are now awaiting the US non-farm payrolls report due at 18:00 Vietnam time for further clues on Federal Reserve policy. According to a Reuters poll, non-farm payrolls may have increased by 130,000 in April after increasing by 228,000 in March.

Gold price forecast tomorrow 5/4/2025

At 6:30 p.m. on May 3, 2025, the world gold price was recorded at 3,239.27 USD/ounce, equivalent to about 102.39 million VND/tael (excluding taxes and fees). Compared to the domestic SJC gold bar price (119.3-121.3 million VND/tael), SJC gold is currently about 18.9 million VND/tael higher than the international gold price. This reflects the significant difference between the domestic and international markets.

The world gold price ended the week down 2.27%, marking the second consecutive week of decline. The main reason was that investors shifted to risky assets such as stocks, thanks to positive signals from US-China relations and positive US employment data. Meanwhile, demand from China - one of the world's largest gold consuming markets - temporarily slowed down due to the extended holiday.

However, it is not all doom and gloom. Investors in China are still showing strong interest in gold, as evidenced by record inflows into gold ETFs in April. This shows that gold remains the top choice for hedging against global uncertainties.

In the short term, gold prices may face downward pressure if buying power from major markets such as China has not recovered. If the world gold price fails to maintain the important support zone of 3,200 USD/ounce, the possibility of a sharp drop to the 2,950-3,000 USD/ounce mark is entirely possible. However, in the long term, experts still maintain a positive outlook with an average gold price forecast of 3,065 USD/ounce in 2025.

For the domestic market, SJC gold prices often fluctuate according to the trend of world gold prices. Therefore, in the trading session on May 4, 2025, SJC gold prices may increase slightly, especially when demand from individual investors returns after the holiday.

With the current fluctuations, this could be a good opportunity for long-term investors to consider buying when the price adjusts. Gold is still an effective risk-hedging tool in the context of global economic instability. However, investors need to closely monitor important support levels of world gold prices and USD exchange rate movements to make appropriate decisions.

The gold price forecast for May 4, 2025 shows that the market will continue to be affected by international factors, but the long-term outlook remains promising. Investors should take advantage of price correction opportunities to optimize profits.

Source: https://baoquangnam.vn/tin-tuc-du-bao-gia-vang-ngay-mai-4-5-2025-gia-vang-trong-nuoc-hon-vang-the-gioi-gan-20-trieu-3154043.html


Comment (0)

No data
No data

Heritage

Figure

Business

No videos available

News

Political System

Local

Product