Update the latest gold price details today, May 31, 2025 in the domestic market
At the time of survey at 04:00 on May 31, 2025, the gold price today, May 31, 2025, was at 116-118.5 million VND/tael at most businesses. The price of SJC gold bars at Saigon Jewelry Company Limited - SJC was listed at 116-118.5 million VND/tael (buy - sell).
At the same time, DOJI Group listed the price of SJC gold bars at 116-118.5 million VND/tael (buy - sell).
At Mi Hong Jewelry Company, today's gold price on May 31, 2025 is traded at 116.5-118 million VND/tael (buy - sell).
The price of SJC gold at Bao Tin Minh Chau Company Limited is listed by the enterprise at 116-118.5 million VND/tael (buy - sell).
At Phu Quy Jewelry Company, SJC gold price is traded at 115.5-118.5 million VND/tael (buy - sell).
Meanwhile, the price of PNJ gold at PNJ Jewelry Company is listed at 111.2-114 million VND/tael (buy - sell). This price remains stable in areas such as Ho Chi Minh City, Hanoi , Da Nang and the West.
The latest gold price update table today, May 30, 2025 is as follows:
| Gold price today | ||||
|---|---|---|---|---|
| Buy | Sell | |||
| SJC in Hanoi | 116.0 | - | 118.5 | - |
| DOJI Group | 116.0 | - | 118.5 | - |
| Red Eyelashes | 116.5 | - | 118.0 | - |
| PNJ | 111.2 | - | 114.0 | - |
| Vietinbank Gold | 118.5 | - | ||
| Bao Tin Minh Chau | 116.0 | - | 118.5 | - |
| Phu Quy | 115.5 | - | 118.5 | - |
| 1. DOJI - Updated: May 31, 2025 04:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 116,000 | 118,500 |
| AVPL/SJC HCM | 116,000 | 118,500 |
| AVPL/SJC DN | 116,000 | 118,500 |
| Raw material 9999 - HN | 107,500 | 111,500 |
| Raw material 999 - HN | 107,400 | 111,400 |
| 2. PNJ - Updated: May 31, 2025 04:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 111,200 | 114,000 |
| HCMC - SJC | 116,000 | 118,500 |
| Hanoi - PNJ | 111,200 | 114,000 |
| Hanoi - SJC | 116,000 | 118,500 |
| Da Nang - PNJ | 111,200 | 114,000 |
| Da Nang - SJC | 116,000 | 118,500 |
| Western Region - PNJ | 111,200 | 114,000 |
| Western Region - SJC | 116,000 | 118,500 |
| Jewelry gold price - PNJ | 111,200 | 114,000 |
| Jewelry gold price - SJC | 116,000 | 118,500 |
| Jewelry gold price - Southeast PNJ | 111,200 | |
| Jewelry gold price - Southeast SJC | 116,000 | 118,500 |
| Jewelry gold price - PNJ 999.9 Plain Ring | 111,200 | |
| Jewelry gold price - Kim Bao Gold 999.9 | 111,200 | 114,000 |
| Jewelry gold price - Phuc Loc Tai Gold 999.9 | 111,200 | 114,000 |
| Jewelry gold price - Jewelry gold 999.9 | 111,000 | 113,500 |
| Jewelry gold price - Jewelry gold 999 | 110,890 | 113,390 |
| Jewelry gold price - Jewelry gold 9920 | 110,190 | 112,690 |
| Jewelry gold price - Jewelry gold 99 | 109,970 | 112,470 |
| Jewelry gold price - 750 gold (18K) | 77,780 | 85,280 |
| Jewelry gold price - 585 gold (14K) | 59,050 | 66,550 |
| Jewelry gold price - 416 gold (10K) | 39,870 | 47,370 |
| Jewelry gold price - 916 gold (22K) | 101,570 | 104,070 |
| Jewelry gold price - 610 gold (14.6K) | 61,890 | 69,390 |
| Jewelry gold price - 650 gold (15.6K) | 66,430 | 73,930 |
| Jewelry gold price - 680 gold (16.3K) | 69,830 | 77,330 |
| Jewelry gold price - 375 gold (9K) | 35,210 | 42,710 |
| Jewelry gold price - 333 gold (8K) | 30,110 | 37,610 |
| 3. SJC - Updated: 5/31/2025 04:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 116,000 | 118,500 |
| SJC gold 5 chi | 116,000 | 118,520 |
| SJC gold 0.5 chi, 1 chi, 2 chi | 116,000 | 118,530 |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 111,000 | 114,000 |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 111,000 | 114,100 |
| Jewelry 99.99% | 111,000 | 113,400 |
| Jewelry 99% | 107,777 | 112,277 |
| Jewelry 68% | 70,369 | 77,269 |
| Jewelry 41.7% | 40,542 | 47,442 |
Update gold price today May 31, 2025 latest on the world market
At the time of trading at 04:00 on May 31, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,282.08 USD/ounce. Converted according to the USD exchange rate on the free market (26,170 VND/USD), the world gold price is equivalent to about 103.84 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (116.0-118.5 million VND/tael), the SJC gold price is currently about 14.66 million higher than the international gold price.
Gold prices fell slightly on May 30 as the US dollar strengthened. Investors were cautious ahead of important data on US inflation, which could influence the US Federal Reserve's monetary policy. Spot gold was down about 0.6% at press time to $3,295.99 an ounce. Since the beginning of the week, gold has fallen a total of 1.8%.
US gold futures also fell 0.6% to $3,294.20. The strengthening of the dollar, which rose 0.2% against other currencies, made gold more expensive for foreign buyers. “A slightly stronger US dollar this morning could put pressure on gold,” said Carsten Menke, an analyst at Julius Baer.
Analysts expect gold prices to remain muted in the absence of a major surprise from the personal consumption expenditure (PCE) index. However, the market appears nervous at the moment, suggesting volatility could remain high in the near term. PCE data, the Fed's preferred measure of inflation, is due at 1230 GMT. Economists expect inflation to have risen 2.2% in April, up from 2.3% in March.
“With the core PCE index coming up, many investors are hesitant to take new long positions in gold,” said Tim Waterer, market analyst at KCM Trade. Investors are now expecting a 50 basis point interest rate cut later this year, starting in October. Gold, a non-yielding asset, typically performs well in a low-interest-rate environment.
Meanwhile, a federal appeals court temporarily reinstated the largest tariffs imposed by President Donald Trump on Thursday, just a day after a US trade court said he had exceeded his authority and ordered an immediate halt.
In addition to gold, silver prices also fell 0.6% to $33.16 per ounce, while platinum prices fell 0.8% to $1,073.80 and palladium fell 0.4% to $969.79.
In summary, gold prices today, May 30, 2025, are under pressure from the appreciation of the dollar and investor caution in the face of important information on inflation. These factors may continue to affect gold prices in the coming time.
Gold price forecast today 5/31/2025
Gold prices today, May 31, 2025, are expected to be strongly influenced by important US economic reports, especially the personal consumption expenditure index (PCE) - an inflation measure of primary interest to the Federal Reserve (Fed). At the time of trading on May 30, 2025, the world gold price was recorded at 3,299.79 USD/ounce, equivalent to about 104.4 million VND/tael (excluding taxes and fees). However, the domestic SJC gold price is still about 14.1 million VND/tael higher than the world price.
Gold prices were pressured by a stronger US dollar, with the US dollar index up 0.2%, making gold more expensive for investors using other currencies. However, the waiting for US inflation data kept gold prices in a wide range.
According to experts, the PCE inflation report released tonight (Vietnam time) will play a decisive role in the gold price trend tomorrow. If inflation eases as forecast, the Fed may maintain its current policy or even consider cutting interest rates in the future, which will have a big impact on the gold market.
Domestic investors should also note that SJC gold prices often fluctuate according to world trends. Therefore, today's gold price, May 31, 2025, may continue to be affected by international economic developments, especially from the US.
Source: https://baoquangnam.vn/tin-tuc-gia-vang-hom-nay-31-5-2025-chiu-anh-huong-tu-dien-bien-lam-phat-my-3155805.html
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