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Gold price on the afternoon of May 15, 2025: Domestic and world gold prices dropped sharply by nearly 2 million VND

Quoc DuongDNUM_BFZAFZCACF 16:24

Gold price on the afternoon of May 15, 2025: Domestic gold price and world gold price dropped sharply by nearly 2 million VND, down to the lowest level in the past 5 weeks due to investors taking profits, in the context of the US and China reaching an agreement to significantly cut tariffs.

Domestic gold price today 5/15/2025

At the time of survey at 4:30 p.m. on May 15, 2025, the domestic gold price dropped sharply by nearly 2 million VND. Specifically:

DOJI Group listed the price of SJC gold bars at 115.5-118.2 million VND/tael (buy - sell), a decrease of 2.5 million VND/tael in buying - a decrease of 1.8 million VND/tael in selling compared to yesterday.

At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 115.5-118.2 million VND/tael (buy - sell), the gold price decreased by 2.5 million VND/tael in the buying direction - decreased by 1.8 million 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 115.5-117.5 million VND/tael for buying and selling. Compared to yesterday, the gold price decreased by 2.5 million VND/tael for buying and 2.2 million VND/tael for selling compared to yesterday.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 115.5-118.2 million VND/tael (buy - sell), the price decreased by 2.5 million VND/tael in buying direction - decreased by 1.8 million VND/tael in selling direction compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 114.5-118.2 million VND/tael (buy - sell), gold price decreased 2.5 million VND/tael in buying direction - decreased 1.8 million VND/tael in selling direction compared to yesterday.

Giá vàng chiều ngày 15/5: Giá vàng giảm mạnh gần 2 triệu

As of 4:30 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 110.5-113.5 million VND/tael (buy - sell); the price decreased by 2 million VND/tael in the buying direction - decreased by 1.5 million VND/tael in the selling direction compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 113-116 million VND/tael (buy - sell); down 2.5 million VND/tael in both buying and selling compared to yesterday.

The latest gold price list today, May 15, 2025 is as follows:

Gold price today
May 15, 2025
(million dong)
Difference
(thousand dong/tael)
Buy
Sell
Buy
Sell
SJC in Hanoi
115.5118.2
-2500-1800
DOJI Group
115.5
118.2
-2500
-1800
Red Eyelashes
115.5117.5
-2500-2200
PNJ
115.5
118.2
-2500-1800
Vietinbank Gold
118.2

-1800
Bao Tin Minh Chau
115.5
118.2
-2500-1800
Phu Quy114.5118.2
-2500-1800
1.DOJI- Updated: 15/5/2025 16:30 - Time of the source website - ▼/▲ Compared to yesterday.
Domestic gold priceBuySell
AVPL/SJC HN115,500▼2500K118,200▼1800K
AVPL/SJC HCM115,500▼2500K118,200▼1800K
AVPL/SJC DN115,500▼2500K118,200▼1800K
Raw material 9999 - HN107,700▼2000K111,000▼1500K
Raw material 999 - HN107,600▼2000K110,900▼1500K
2.PNJ- Updated: 15/5/2025 16:30 - Time of the source website - ▼/▲ Compared to yesterday.
TypeBuySell
SJC 999.9 gold bar11,55011,820
PNJ 999.9 Plain Ring11,05011,350
Kim Bao Gold 999.911,05011,350
Gold Phuc Loc Tai 999.911,05011,350
999.9 gold jewelry11,05011,300
999 gold jewelry11,03911,289
9920 jewelry gold10,97011,220
99 gold jewelry10,94711,197
750 Gold (18K)7,7408,490
585 Gold (14K)5,8766,626
416 Gold (10K)3,9664,716
PNJ Gold - Phoenix11,05011,350
916 Gold (22K)10,11110,361
610 Gold (14.6K)6,1586,908
650 Gold (15.6K)6,6107,360
680 Gold (16.3K)6,9497,699
375 Gold (9K)3,5034,253
333 Gold (8K)2,9943,744
3.SJC- Updated: 15/5/2025 16:30 - Time of the source website - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG115,500▼2500K118,200▼1800K
SJC gold 5 chi115,500▼2500K118,220▼1800K
SJC gold 0.5 chi, 1 chi, 2 chi115,500▼2500K118,230▼1800K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi110,500▼2000K113,500▼1500K
SJC 99.99% gold ring 0.5 chi, 0.3 chi110,500▼2000K113,600▼1500K
Jewelry 99.99%110,500▼2000K112,900▼1500K
Jewelry 99%107,282▼1485K111,782▼1485K
Jewelry 68%70,429▼1020K76,929▼1020K
Jewelry 41.7%40,734▼625K47,234▼625K

World gold price today May 15, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 2:30 p.m. today, Vietnam time, was 3,152.03 USD/ounce. Today's gold price decreased by 82.41 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,110 VND/USD), the world gold price is about 100.27 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 16.64 million VND/tael higher than the international gold price.

Gold prices plunged to their lowest level in more than a month as investors awaited key US inflation data to gauge the Federal Reserve’s monetary policy. Meanwhile, easing US-China trade tensions also reduced gold’s appeal as a safe haven.

Specifically, the spot gold price fell sharply by 2.55%, to its lowest level since April 10. Meanwhile, the gold futures price in the US also fell by 1.3%, to only 3,146.2 USD.

The United States and China have just reached an agreement to significantly cut tariffs and suspend new ones for 90 days, helping to de-escalate a trade war that could cause great damage to the world's two leading economies.

According to Jigar Trivedi, senior commodity analyst at Reliance Securities, gold prices have fallen sharply due to positive negotiations between the US and China, which have reduced demand for safe-haven assets. He also commented that the USD index is showing signs of recovery, and if the US retail sales data and the producer price index (PPI) are more positive, gold prices may continue to face downward pressure.

Attention now turns to US PPI figures, due out today, after this week's consumer price inflation (CPI) data came in lower than expected.

Fed policymakers are holding rates steady as they assess the impact of tariffs and trade negotiations under President Donald Trump on the economy, but the data so far is not clear enough to make a decision.

Investors will also be closely watching Fed Chairman Jerome Powell’s upcoming speech for clues on the path of interest rate adjustments. Markets expect the Fed to cut interest rates by about 50 basis points this year, possibly starting in October.

Besides gold, silver price decreased by 1.1% to 31.86 USD/ounce, while palladium decreased by 0.5% to 946.4 USD. In contrast, platinum increased slightly by 0.2% to 977.75 USD.

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Gold price on the afternoon of May 15, 2025: Domestic and world gold prices dropped sharply by nearly 2 million VND
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