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Gold price this afternoon, May 22, 2025: Domestic and world gold prices turned down sharply compared to this morning

Quoc DuongDNUM_CCZAFZCACF 16:56

Gold price on the afternoon of May 22, 2025: Domestic gold price turned down sharply by 800 thousand VND/tael compared to this morning. World gold price increased slightly to the highest level in the past 2 weeks.

Domestic gold price today 5/22/2025

At the time of survey at 4:30 p.m. on May 22, 2025, the domestic gold bar price turned to decrease slightly. Specifically:

DOJI Group listed the price of SJC gold bars at 118.5-120.5 million VND/tael (buy - sell), the price remained unchanged in the buying direction - decreased 500 thousand VND/tael in the selling direction compared to yesterday.

At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 118.5-120.5 million VND/tael (buy - sell), the price remained unchanged in the buying direction - decreased 500 thousand VND/tael in the selling direction compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 118.5-119.8 million VND/tael for buying and selling. Compared to yesterday, the gold price remained unchanged for buying - down 700 thousand VND/tael for selling.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 118.5-120.5 million VND/tael (buy - sell), the price remains unchanged in the buying direction - down 500 thousand VND/tael in the selling direction compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 117.8-120.8 million VND/tael (buy - sell), gold price decreased 200 thousand VND/tael in both buying and selling directions compared to yesterday.

Giá vàng chiều nay 22/5: Giá vàng giảm mạnh so với sáng nay

As of 4:30 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 113-115.5 million VND/tael (buy - sell); the price increased by 500 thousand VND/tael in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 115-118 million VND/tael (buy - sell); an increase of 500 thousand VND/tael in both buying and selling directions compared to yesterday.

The latest gold price list today, May 22, 2025 is as follows:

Gold price today
May 22, 2025
(million dong)
Difference
(thousand dong/tael)
Buy
Sell
Buy
Sell
SJC in Hanoi
118.5120.5
--500
DOJI Group
118.5
120.5
-
-500
Red Eyelashes
118.5120
--700
PNJ
118.5
120.5
--500
Vietinbank Gold
120.5

-500
Bao Tin Minh Chau
118.5
120.5
--500
Phu Quy117.8120.8
-200-200
1.DOJI- Updated: 5/22/2025 4:30 PM - Source website time - ▼/▲ Compared to yesterday.
Domestic gold priceBuySell
AVPL/SJC HN118,500120,500▼500K
AVPL/SJC HCM118,500120,500▼500K
AVPL/SJC DN118,500120,500▼500K
Raw material 9999 - HN109,700113,000▲500K
Raw material 999 - HN109,600112,900▲500K
2.PNJ- Updated: 5/22/2025 4:30 PM - Source website time - ▼/▲ Compared to yesterday.
TypeBuySell
SJC 999.9 gold bar11,85012,050
PNJ 999.9 Plain Ring11,30011,550
Kim Bao Gold 999.911,30011,550
Gold Phuc Loc Tai 999.911,30011,550
999.9 gold jewelry11,28011,530
999 gold jewelry11,26911,519
9920 jewelry gold11,19811,448
99 gold jewelry11,17511,425
750 Gold (18K)7,9138,663
585 Gold (14K)6,0106,760
416 Gold (10K)4,0624,812
PNJ Gold - Phoenix11,30011,550
916 Gold (22K)10,32210,572
610 Gold (14.6K)6,2987,048
650 Gold (15.6K)6,7607,510
680 Gold (16.3K)7,1057,855
375 Gold (9K)3,5894,339
333 Gold (8K)3,0703,820
3.SJC- Updated: 5/22/2025 4:30 PM - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG118,500120,500▼500K
SJC gold 5 chi118,500120,520▼500K
SJC gold 0.5 chi, 1 chi, 2 chi118,500120,530▼500K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi112,500▲500K115,500▲500K
SJC 99.99% gold ring 0.5 chi, 0.3 chi112,500▲500K115,600▲500K
Jewelry 99.99%112,500▲500K114,900▲500K
Jewelry 99%109,262▲495K113,762▲495K
Jewelry 68%71,789▲340K78,289▲340K
Jewelry 41.7%41,568▲208K48,068▲208K

World gold price today 5/22/2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 p.m. today, Vietnam time, was 3,222.37 USD/ounce. Today's gold price increased by 3.53 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,150 VND/USD), the world gold price is about 108.31 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 12.19 million VND/tael higher than the international gold price.

World gold prices maintained a slight increase today, reaching a nearly two-week high. The main reason is that investors are concerned about the growing public debt burden and the fiscal outlook of the US government, causing them to seek gold as a safe haven.

Specifically, spot gold prices increased by 0.11%, after reaching their highest level since May 9. Meanwhile, gold futures prices in the US also increased by 0.4%, to 3,326.3 USD/ounce.

The rally in gold prices began last week after Moody's downgraded the US credit rating and has continued into this week on concerns about a major tax cut bill, according to Ole Hansen, commodity strategist at Saxo Bank. "At the same time, the stock market has weakened, the US dollar has weakened. It seems that the downward correction in gold prices over the past few weeks or months has paused," he said.

Last week, Moody's downgraded the U.S.'s top credit rating due to concerns about the country's massive $36 trillion debt. In addition, the U.S. Treasury's sale of $16 billion in 20-year bonds on Wednesday also met with weak demand, making investors more cautious in financial markets.

Investors are also concerned that the U.S. national debt could rise by trillions of dollars if Congress passes a tax cut bill proposed by former President Donald Trump. Gold is often seen as a safe haven asset in times of political and financial uncertainty.

The dollar index held near a two-week low, making gold more attractive to investors using other currencies. Trump’s tax-cut and spending bill cleared a key hurdle on Thursday as the House voted to begin debate, with a formal vote expected later in the morning.

Along with gold, spot silver prices rose 0.3% to $33.49 an ounce, platinum rose 0.2% to $1,078.16, while palladium fell 0.7% to $1,030.28.

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Gold price this afternoon, May 22, 2025: Domestic and world gold prices turned down sharply compared to this morning
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