Gold price this afternoon May 24, 2025: Domestic and world gold prices increased again to 121 million VND
Gold price on the afternoon of May 24, 2025: Domestic gold price increased again to 121 million VND, an increase of 500 thousand VND/tael. World gold price increased slightly, closing the week at a high of over 3500 USD/ounce.
Domestic gold price today 5/24/2025
At the time of survey at 4:30 p.m. on May 24, 2025, the domestic gold bar price increased again to 121 million VND. Specifically:
DOJI Group listed the price of SJC gold bars at 119-121 million VND/tael (buy - sell), an increase of 500 thousand VND/tael 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 119-121 million VND/tael (buy - sell), an increase of 500 thousand VND/tael 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 119.5-121 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 1 million VND/tael for buying and 500 thousand VND/tael for selling.
SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 119-121 million VND/tael (buy - sell), the price increased by 500 thousand VND/tael in both buying and selling directions compared to yesterday.
SJC gold price at Phu Quy is traded by businesses at 118-121 million VND/tael (buy - sell), gold price increased by 500 thousand VND/tael in both buying and selling directions compared to yesterday.
As of 4:30 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 113.5-116 million VND/tael (buy - sell); the price increased by 1 million VND/tael for buying - increased by 500 thousand VND/tael for selling compared to yesterday.
Bao Tin Minh Chau listed the price of gold rings at 115.5-118.5 million VND/tael (buy - sell); an increase of 1 million VND/tael in both buying and selling directions compared to yesterday.
The latest gold price list today, May 24, 2025 is as follows:
| Gold price today | May 24, 2025 (million dong) | Difference (thousand dong/tael) | ||
| Buy | Sell | Buy | Sell | |
| SJC in Hanoi | 119 | 121 | +500 | +500 |
| DOJI Group | 119 | 121 | +500 | +500 |
| Red Eyelashes | 119.5 | 121 | +1000 | +500 |
| PNJ | 119 | 121 | +500 | +500 |
| Vietinbank Gold | 121 | +500 | ||
| Bao Tin Minh Chau | 119 | 121 | +500 | +500 |
| Phu Quy | 118 | 121 | +500 | +500 |
| 1.DOJI- Updated: 5/24/2025 4:30 PM - Source website time - ▼/▲ Compared to yesterday. | ||
| Domestic gold price | Buy | Sell |
| AVPL/SJC HN | 119,000▲500K | 121,000▲500K |
| AVPL/SJC HCM | 119,000▲500K | 121,000▲500K |
| AVPL/SJC DN | 119,000▲500K | 121,000▲500K |
| Raw material 9999 - HN | 108,900▲1000K | 113,500▲500K |
| Raw material 999 - HN | 108,800▲1000K | 113,400▲500K |
| 2.PNJ- Updated: 5/24/2025 4:30 PM - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| SJC 999.9 gold bar | 11,900 | 12,100 |
| PNJ 999.9 Plain Ring | 11,300 | 11,600 |
| Kim Bao Gold 999.9 | 11,300 | 11,600 |
| Gold Phuc Loc Tai 999.9 | 11,300 | 11,600 |
| 999.9 gold jewelry | 11,250 | 11,500 |
| 999 gold jewelry | 11,239 | 11,489 |
| 9920 jewelry gold | 11,168 | 11,418 |
| 99 gold jewelry | 11,145 | 11,395 |
| 750 Gold (18K) | 7,890 | 8,640 |
| 585 Gold (14K) | 5,993 | 6,743 |
| 416 Gold (10K) | 4,049 | 4,799 |
| PNJ Gold - Phoenix | 11,300 | 11,600 |
| 916 Gold (22K) | 10,294 | 10,544 |
| 610 Gold (14.6K) | 6,280 | 7,030 |
| 650 Gold (15.6K) | 6,740 | 7,490 |
| 680 Gold (16.3K) | 7,085 | 7,835 |
| 375 Gold (9K) | 3,578 | 4,328 |
| 333 Gold (8K) | 3,060 | 3,810 |
| 3.SJC- Updated: 5/24/2025 4:30 PM - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 119,000▲500K | 121,000▲500K |
| SJC gold 5 chi | 119,000▲500K | 121,020▲500K |
| SJC gold 0.5 chi, 1 chi, 2 chi | 119,000▲500K | 121,030▲500K |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 113,500▲1000K | 116,000▲500K |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 113,500▲1000K | 116,100▲500K |
| Jewelry 99.99% | 113,500▲1000K | 115,400▲500K |
| Jewelry 99% | 109,757▲495K | 114,257▲495K |
| Jewelry 68% | 72,129▲340K | 72,129▲340K |
| Jewelry 41.7% | 41,776▲208K | 41,776▲208K |
World gold price today 5/24/2025 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 3,358.12 USD/ounce. Today's gold price increased by 32.44 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,130 VND/USD), the world gold price is about 109.75 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 11.25 million VND/tael higher than the international gold price.
The price of gold in the world market at the end of the week suddenly increased sharply on the Kitco floor when many investors rushed to buy to hedge against risks before the three-day holiday in the US. This is a common move when the market shows signs of instability, gold is often seen as a safe "shield".
US stock markets were rocked by a series of tweets from former President Donald Trump. One warned that iPhones could face a 25% tariff if they were not made in the US, while another said US-EU trade talks were at a standstill and the US could impose a 50% tariff on EU goods from June 1. The reports worried investors, pushing gold prices higher.
In the context of many economic and political fluctuations in the world, gold continues to be sought after as a safe-haven asset. In the past week alone, the price of gold has increased by a total of 5.1%. Daniel Pavilonis, an expert from RJO Futures, commented that if it surpasses the threshold of 3,500 USD/ounce, the price of gold could climb to 3,800 USD/ounce.
Despite the strong demand for gold, the market currently accounts for only about 1% of total global assets, according to Imaru Casanova, an expert at VanEck Funds. She advises new investors to consider allocating about 5% of their portfolio to gold for safety.
Larry McDonald, a market strategist, warned that the current economic signals are quite negative. He advised investors to hold cash instead of rushing to gold prices, citing Warren Buffett's record cash holdings of $348 billion to hedge against risks.
However, McDonald also revealed that many central banks are buying gold heavily and predicts that gold prices could hit $4,000 an ounce next year, suggesting that gold remains an attractive option in the long term.
