Update the latest gold price details today, May 29, 2025 in the domestic market
At the time of the survey on May 29, 2025, the domestic gold market recorded a sharp downward trend in most major brands. This is a notable development when gold prices continuously adjusted downward in the context of many fluctuations in the global financial market.
Specifically, the price of SJC gold bars in Hanoi was listed at VND115.5 million/tael (buy) and VND118 million/tael (sell), down VND700,000/tael in both directions compared to yesterday. A similar trend was also recorded in Ho Chi Minh City and Da Nang, when the price of SJC gold in these areas simultaneously decreased by VND700,000/tael.
DOJI Group, one of the largest gold trading units, also adjusted the price of SJC gold bars down to 115.5 million VND/tael (buy) and 118 million VND/tael (sell), down 700 thousand VND/tael compared to the previous trading session.
Meanwhile, at Mi Hong Jewelry Company, gold prices were slightly different. The buying price remained unchanged at VND116.5 million/tael, while the selling price increased to VND118 million/tael, an increase of VND800,000/tael in the selling direction. This is one of the few units that recorded a price increase today.
Notably, gold prices at PNJ recorded the deepest decline in the market. The buying and selling prices were VND110.3 million/tael and VND113.4 million/tael, respectively, down by VND1 million/tael in both directions. This was the sharpest decline among major gold brands, reflecting a strong adjustment from this unit.
At Bao Tin Minh Chau, SJC gold price also decreased by 700 thousand VND/tael, with the listed price being 115.5 million VND/tael (buy) and 118 million VND/tael (sell).
Phu Quy is also not out of the downward trend, when the price of SJC gold bars here is traded at 114.5 million VND/tael (buy) and 118 million VND/tael (sell), down 1.2 million VND/tael in the buy direction and 700 thousand VND/tael in the sell direction.
In general, the gold market today recorded a strong downward trend across the board, with the decrease ranging from VND700,000/tael to VND1.2 million/tael depending on the brand and region. This adjustment is said to reflect fluctuations in the international gold market, when the world gold price is also under pressure from the stronger USD and rising bond yields.
Gold buyers need to be careful in choosing the time to trade to optimize benefits, especially in the context that gold prices may continue to fluctuate strongly in the coming time.
The latest gold price update table today, May 29, 2025 is as follows:
| Gold price today | ||||
|---|---|---|---|---|
| Buy | Sell | |||
| SJC in Hanoi | 115.5 | ▼700K | 118.0 | ▼700K |
| DOJI Group | 115.5 | ▼700K | 118.0 | ▼700K |
| Red Eyelashes | 116.5 | - | 118.0 | ▲800 |
| PNJ | 110.3 | ▼1000K | 113.4 | ▼1000K |
| Vietinbank Gold | 117.2 | ▼1500K | ||
| Bao Tin Minh Chau | 115.5 | ▼700K | 118.0 | ▼700K |
| Phu Quy | 114.5 | ▼1200K | 118.0 | ▼700K |
| 1. DOJI - Updated: May 29, 2025 18:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 115,500 ▼7 00K | 118,000 ▼700K |
| AVPL/SJC HCM | 115,500 ▼7 00K | 118,000 ▼700K |
| AVPL/SJC DN | 115,500 ▼7 00K | 118,000 ▼700K |
| Raw material 9999 - HN | 107,000 500K | 110,800 700K |
| Raw material 999 - HN | 106,900 500K | 110,700 700K |
| 2. PNJ - Updated: May 29, 2025 18:30 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 110,300 ▼1000K | 113,400 ▼1000K |
| HCMC - SJC | 115,500 ▼700K | 118,000 ▼700K |
| Hanoi - PNJ | 110,300 ▼1000K | 113,400 ▼1000K |
| Hanoi - SJC | 115,500 ▼700K | 118,000 ▼700K |
| Da Nang - PNJ | 110,300 ▼1000K | 113,400 ▼1000K |
| Da Nang - SJC | 115,500 ▼700K | 118,000 ▼700K |
| Western Region - PNJ | 110,300 ▼1000K | 113,400 ▼1000K |
| Western Region - SJC | 115,500 ▼700K | 118,000 ▼700K |
| Jewelry gold price - PNJ | 110,300 ▼1000K | 113,400 ▼1000K |
| Jewelry gold price - SJC | 115,500 ▼700K | 118,000 ▼700K |
| Jewelry gold price - Southeast PNJ | 110,300 ▼1000K | |
| Jewelry gold price - Southeast SJC | 115,500 ▼700K | 118,000 ▼700K |
| Jewelry gold price - PNJ 999.9 Plain Ring | 110,300 ▼1000K | |
| Jewelry gold price - Kim Bao Gold 999.9 | 110,300 ▼1000K | 113,400 ▼1000K |
| Jewelry gold price - Phuc Loc Tai Gold 999.9 | 110,300 ▼1000K | 113,400 ▼1000K |
| Jewelry gold price - Jewelry gold 999.9 | 110,000 ▼1300K | 112,500 ▼1300K |
| Jewelry gold price - Jewelry gold 999 | 109,890 ▼1300K | 112,390 ▼1300K |
| Jewelry gold price - Jewelry gold 9920 | 109,200 ▼1290K | 111,700 ▼1290K |
| Jewelry gold price - Jewelry gold 99 | 108,980 ▼1280K | 111,480 ▼1280K |
| Jewelry gold price - 750 gold (18K) | 77,030 ▼970K | 84,530 ▼970K |
| Jewelry gold price - 585 gold (14K) | 58,460 ▼760K | 65,960 ▼760K |
| Jewelry gold price - 416 gold (10K) | 39,450 ▼540K | 46,950 ▼540K |
| Jewelry gold price - 916 gold (22K) | 100,650 ▼1190K | 103,150 ▼1190K |
| Jewelry gold price - 610 gold (14.6K) | 61,280 ▼790K | 68,780 ▼790K |
| Jewelry gold price - 650 gold (15.6K) | 65,780 ▼840K | 73,280 ▼840K |
| Jewelry gold price - 680 gold (16.3K) | 69,150 ▼880K | 76,650 ▼880K |
| Jewelry gold price - 375 gold (9K) | 34,840 ▼490K | 42,340 ▼490K |
| Jewelry gold price - 333 gold (8K) | 29,780 ▼420K | 37,280 ▼420K |
| 3. SJC - Updated: May 29, 2025 18:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 115,500 ▼7 00K | 118,000 ▼700K |
| SJC gold 5 chi | 115,500 ▼7 00K | 118,020 ▼700K |
| SJC gold 0.5 chi, 1 chi, 2 chi | 115,500 ▼7 00K | 118,030 ▼700K |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 110,300 ▼1000K | 113,400 ▼700K |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 110,300 ▼1000K | 113,300 ▼700K |
| Jewelry 99.99% | 110,300 ▼1000K | 112,700 ▼700K |
| Jewelry 99% | 107,084 ▼693K | 111,584 ▼693K |
| Jewelry 68% | 69,893 ▼876K | 76,793 ▼476K |
| Jewelry 41.7% | 40,250 ▼691K | 47,150 ▼291K |
Update gold price today May 29, 2025 latest on the world market
At the time of trading at 5:20 p.m. on May 29, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,288.59 USD/ounce. Converted according to the USD exchange rate on the free market (26,210 VND/USD), the world gold price is equivalent to about 104.05 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (115.5-118.0 million VND/tael), the SJC gold price is currently about 13.95 million higher than the international gold price.
Gold prices fell to their lowest level in more than a week on May 29, largely due to a U.S. trade court blocking most of the tariffs imposed by President Donald Trump, signaling that trade risks are easing and reducing demand for the precious metal.
Spot gold fell 0.3% to $3,281.19 an ounce, its lowest level since May 20. Meanwhile, U.S. gold futures also fell 0.5% to $3,279.10. The strengthening of the U.S. dollar has helped make gold more expensive for holders of other currencies.
The court’s decision sent a wave of euphoria through financial markets, leading to increased investor risk appetite. This has put pressure on gold, which is seen as a safe haven asset amid economic and geopolitical uncertainty. The decline in gold reflects increased investor confidence in riskier assets, said Ricardo Evangelista, senior analyst at brokerage ActivTrades.
However, the White House quickly appealed the decision and may take the case to the Supreme Court if necessary. President Trump imposed “reciprocal” tariffs on several countries in early April, raising concerns about a possible global recession. Many of the specific tariffs were suspended just a week later.
Gold, often seen as a safe haven asset in times of uncertainty, has hit record highs this year. Meanwhile, Federal Reserve officials at their meeting in early May acknowledged that they may face “difficult trade-offs” in the future as inflation and unemployment rise. They also warned of rising recession risks.
The market is now looking ahead to U.S. GDP data due later today, along with core U.S. Personal Consumption Expenditures figures on Friday, for further clues on the direction of Fed policy. Despite the volatility, some analysts remain bullish on gold, although a correction to $3,050 an ounce is possible after a recent rapid rally.
Demand for gold as a haven asset is likely to increase due to complex geopolitical tensions related to President Trump's trade and foreign policy in 2025. Meanwhile, silver prices rose 0.9% to $33.29 per ounce, platinum prices rose 0.1% to $1,075.95 and palladium prices rose 0.8% to $969.87.
Thus, the gold price today, May 29, 2025, on the world market is under pressure to decrease, but there are still supporting factors from safe-haven demand in the context of economic and political instability.
Gold price forecast tomorrow 5/30/2025
Based on current factors, gold prices are expected to continue to decrease in tomorrow's trading session, May 30, 2025. Specifically, SJC gold prices may be adjusted down to around 113-116 million VND per tael, while world gold prices may fluctuate around 3,250-3,270 USD/Ounce.
The first reason for this prediction is the sharp decline in world gold prices on May 29, 2025. Gold prices fell to $3,288.59/ounce, the lowest level in more than a week. The main reason was a US federal court ruling blocking President Donald Trump's tax order. This decision has reduced the role of gold as a safe haven asset, causing many investors to switch to riskier assets.
In addition, the rise in the value of the US dollar after the court ruling also put additional pressure on gold prices. When the US dollar strengthens, gold becomes more expensive for investors using other currencies. This led to a more than 1% drop in gold prices in the recent trading session.
Although gold prices may decline in the short term, experts still maintain a positive outlook for gold prices in the long term. They believe that inflationary pressures will continue to increase, and the US dollar is likely to weaken in the future. The minutes of the recent meeting of the US Federal Reserve (Fed) showed that officials are concerned about inflation and unemployment rising together, which could lead to changes in monetary policy.
In addition, the market is also waiting for important economic data to be released in the coming days, including GDP and personal consumption expenditure index. This information will greatly affect investor sentiment and may lead to fluctuations in gold prices.
Finally, domestic gold prices often reflect the trend of world gold prices. Therefore, if world gold prices continue to decrease, SJC gold prices will also be under pressure to decrease. With these factors, it is completely reasonable to predict that the gold price on May 30, 2025 will have a downward adjustment. Investors should closely monitor market developments to make accurate investment decisions.
Source: https://baoquangnam.vn/tin-tuc-gia-vang-ngay-mai-30-5-2025-chiu-anh-huong-cua-phan-quyet-chan-lenh-ap-thue-3155745.html
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