Gold price on the afternoon of May 15, 2025: Domestic and world gold prices dropped sharply by nearly 2 million VND
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 reduce tariffs.
Domestic gold price today May 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 buying - decreased by 1.8 million VND/tael in selling 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 decreased by 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), a decrease of 2.5 million VND/tael in buying - a decrease of 1.8 million VND/tael in selling 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 - decreased 1.8 million VND/tael in selling 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 110.5-113.5 million VND/tael (buy - sell); the price decreased by 2 million VND/tael in buying - decreased by 1.5 million VND/tael in selling 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 directions compared to yesterday.
The latest gold price list today, May 15, 2025 is as follows:
| Gold price today | May 15, 2025 (Million VND) | Difference (thousand dong/tael) | ||
| Buy | Sell out | Buy | Sell out | |
| SJC in Hanoi | 115.5 | 118.2 | -2500 | -1800 |
| DOJI Group | 115.5 | 118.2 | -2500 | -1800 |
| Mi Hong | 115.5 | 117.5 | -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 Quy | 114.5 | 118.2 | -2500 | -1800 |
| 1.DOJI- Updated: 15/5/2025 16:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Domestic gold price | Buy | Sell |
| AVPL/SJC HN | 115,500▼2500K | 118,200▼1800K |
| AVPL/SJC HCM | 115,500▼2500K | 118,200▼1800K |
| AVPL/SJC DN | 115,500▼2500K | 118,200▼1800K |
| Raw material 9999 - HN | 107,700▼2000K | 111,000▼1500K |
| Raw materials 999 - HN | 107,600▼2000K | 110,900▼1500K |
| 2.PNJ- Updated: 15/5/2025 16:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell out |
| SJC 999.9 gold bar | 11,550 | 11,820 |
| PNJ 999.9 Plain Ring | 11,050 | 11,350 |
| Kim Bao Gold 999.9 | 11,050 | 11,350 |
| Gold Phuc Loc Tai 999.9 | 11,050 | 11,350 |
| 999.9 gold jewelry | 11,050 | 11,300 |
| 999 gold jewelry | 11,039 | 11,289 |
| 9920 gold jewelry | 10,970 | 11,220 |
| 99 gold jewelry | 10,947 | 11,197 |
| 750 Gold (18K) | 7,740 | 8,490 |
| 585 Gold (14K) | 5,876 | 6,626 |
| 416 Gold (10K) | 3,966 | 4,716 |
| PNJ Gold - Phoenix | 11,050 | 11,350 |
| 916 Gold (22K) | 10,111 | 10,361 |
| 610 Gold (14.6K) | 6,158 | 6,908 |
| 650 Gold (15.6K) | 6,610 | 7,360 |
| 680 Gold (16.3K) | 6,949 | 7,699 |
| 375 Gold (9K) | 3,503 | 4,253 |
| 333 Gold (8K) | 2,994 | 3,744 |
| 3.SJC- Updated: 15/5/2025 16:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 115,500▼2500K | 118,200▼1800K |
| SJC gold 5 chi | 115,500▼2500K | 118,220▼1800K |
| SJC gold 0.5 chi, 1 chi, 2 chi | 115,500▼2500K | 118,230▼1800K |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 110,500▼2000K | 113,500▼1500K |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 110,500▼2000K | 113,600▼1500K |
| 99.99% jewelry | 110,500▼2000K | 112,900▼1500K |
| 99% Jewelry | 107,282▼1485K | 111,782▼1485K |
| Jewelry 68% | 70,429▼1020K | 76,929▼1020K |
| Jewelry 41.7% | 40,734▼625K | 47,234▼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, spot gold prices fell sharply by 2.55%, to the lowest level since April 10. Meanwhile, gold futures prices 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, the sharp fall in gold prices due to positive negotiations between the US and China has reduced the demand for safe 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 be under 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 keeping interest 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. The market expects 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.
