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Gold price this afternoon May 23, 2025: Domestic and world gold prices increased again to yesterday's level

Quoc DuongDNUM_CDZAFZCACF 16:51

Gold price on the afternoon of May 23, 2025: Domestic gold price increased again compared to this morning, the increase of 500 thousand VND/tael is equal to yesterday's price. World gold price increased slightly again and recorded the strongest weekly increase in more than a month.

Domestic gold price today 5/23/2025

At the time of survey at 4:30 p.m. on May 23, 2025, the domestic gold bar price increased back to the same level as yesterday. Specifically:

The price of SJC gold bars listed by DOJI Group is at 118.5-120.5 million VND/tael (buy - sell), the price remains unchanged in both buying and selling directions 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 million VND/tael (buy - sell), the price remained unchanged in both buying and selling directions compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 118.5-120.2 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 500 thousand VND/tael for buying and 200 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 both buying and selling directions compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 117-120 million VND/tael (buy - sell), gold price decreased 800 thousand VND/tael in both buying and selling directions compared to yesterday.

Giá vàng chiều nay 23/5: Giá vàng tăng về bằng giá hôm qua

As of 4:30 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 112.5-115.5 million VND/tael (buy - sell); the price decreased by 500,000 VND/tael in the buying direction - unchanged in the selling direction compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 114.5-117.5 million VND/tael (buy - sell); down 300 thousand VND/tael in both buying and selling directions compared to yesterday.

The latest gold price list today, May 23, 2025 is as follows:

Gold price today
May 23, 2025
(million dong)
Difference
(thousand dong/tael)
Buy
Sell
Buy
Sell
SJC in Hanoi
118.5120.5
--
DOJI Group
118.5
120.5
-
-
Red Eyelashes
118.5120.2
+500+200
PNJ
118.5
120.5
--
Vietinbank Gold
120.5

-
Bao Tin Minh Chau
118.5
120.5
--
Phu Quy117120
-800-800
1.DOJI- Updated: 5/23/2025 4:30 PM - Source website time - ▼/▲ Compared to yesterday.
Domestic gold priceBuySell
AVPL/SJC HN118,500120,500
AVPL/SJC HCM118,500120,500
AVPL/SJC DN118,500120,500
Raw material 9999 - HN107,900▼1800K113,000
Raw material 999 - HN107,800▼1800K112,900
2.PNJ- Updated: 5/23/2025 4:30 PM - Source website time - ▼/▲ Compared to yesterday.
TypeBuySell
SJC 999.9 gold bar11,85012,050
PNJ 999.9 Plain Ring11,25011,550
Kim Bao Gold 999.911,25011,550
Gold Phuc Loc Tai 999.911,25011,550
999.9 gold jewelry11,20011,450
999 gold jewelry11,18911,439
9920 jewelry gold11,11811,368
99 gold jewelry11,09611,346
750 Gold (18K)7,8538,603
585 Gold (14K)5,9636,713
416 Gold (10K)4,0284,778
PNJ Gold - Phoenix11,25011,550
916 Gold (22K)10,24810,498
610 Gold (14.6K)6,2507,000
650 Gold (15.6K)6,7087,458
680 Gold (16.3K)7,0517,801
375 Gold (9K)3,5594,309
333 Gold (8K)3,0443,794
3.SJC- Updated: 5/23/2025 4:30 PM - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG118,500120,500
SJC gold 5 chi118,500120,520
SJC gold 0.5 chi, 1 chi, 2 chi118,500120,530
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi112,500115,500
SJC 99.99% gold ring 0.5 chi, 0.3 chi112,500115,600
Jewelry 99.99%112,500114,900
Jewelry 99%109,262113,762
Jewelry 68%71,78978,289
Jewelry 41.7%41,56848,068

World gold price today 5/23/2025 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 3,327.94 USD/ounce. Today's gold price increased by 2 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,130 VND/USD), the world gold price is about 108.77 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 11.73 million VND/tael higher than the international gold price.

World gold prices rose again and recorded the strongest weekly increase in more than a month, thanks to the depreciation of the USD and concerns about the US fiscal outlook, causing investors to flock to gold as a safe haven.

Specifically, the spot gold price increased by 0.06%, this week, gold increased by 3.89%, the highest level since April 7. Meanwhile, the gold futures price in the US also increased by 1.1%, to 3,329.80 USD/ounce.

The US dollar fell more than 1% for the week, its biggest weekly decline since early April, making gold cheaper for investors using other currencies.

According to Tim Waterer, a market analyst at KCM Trade, optimism about trade has given way to concerns about the US fiscal situation. Caution towards US assets has led investors to return to gold. He said that gold prices are likely to remain above $3,000 if factors such as tariffs, US debt and geopolitical tensions continue to affect financial markets.

The Republican-controlled House of Representatives has passed a massive tax and spending bill that implements much of former President Donald Trump’s policies and adds trillions of dollars to the national debt. The bill now moves to the Senate, where Republicans hold a narrow 53-47 majority.

In addition, the US Treasury Department also recorded weak demand for its $16 billion 20-year bond sale, as investors worried about the growing debt burden after Moody's downgraded the US credit rating.

Tensions in the Middle East have also contributed to the rise in gold prices. Iran's foreign minister warned that the US would be held legally responsible if Israel attacked its nuclear facilities, after CNN reported that Israel was preparing to attack Iran. Gold is often seen as a safe haven asset in times of political and financial uncertainty.

Meanwhile, spot silver edged up 0.3% to $33.16 an ounce, platinum rose 0.9% to $1,091.43. Palladium, on the other hand, fell 0.1% to $1,014.

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Gold price this afternoon May 23, 2025: Domestic and world gold prices increased again to yesterday's level
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