Gold price today May 25, 2025: Domestic and world gold prices increased the most since the beginning of April

Domestic gold price today May 25, 2025

At the time of survey at 4:30 a.m. on May 25, 2025, the domestic gold price increased sharply again to 121 million VND/tael. 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 119.5-120.5 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 1 million VND/tael for buying - unchanged 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 500 thousand VND/tael in both buying and selling directions compared to yesterday.

As of 4:30 a.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 25, 2025 is as follows:

World gold price today May 25, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 am today, Vietnam time, was at 3,340.05 USD/ounce. Today's gold price increased by 52.59 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,130 VND/USD), the world gold price is about 109.16 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 11.34 million VND/tael higher than the international gold price.

On the evening of May 24, at the Government Standing Committee meeting on gold market management, Prime Minister Pham Minh Chinh requested the State Bank to take specific and drastic measures to reduce the difference between domestic and international gold prices to about 1-2%. Currently, domestic gold prices are more than 10% higher than world gold prices.

This week, the world gold price increased significantly, contrary to many previous predictions of experts. Although there were many fluctuations in trading sessions, in the end, the gold price still recorded the strongest increase since the beginning of April.

One of the main reasons is that investors are rushing to buy gold to hedge against risks ahead of the three-day holiday. In addition, trade tensions between the US and its partners are also causing concern in the market. US President Donald Trump recently warned Apple and proposed higher tariffs on the European Union (EU). He also announced that Apple would be subject to a 25% tax on iPhones not manufactured in the US.

Notably, Foxconn is still planning to build a $1.5 billion factory in India, despite Trump’s call for American companies to move production back home, showing that the global supply chain is still changing, adding to market uncertainty.

According to Mr. Tai Wong, an independent metals investor, President Trump's strong moves in the past 24 hours have caused the stock market to plummet, thereby indirectly pushing up the price of gold. The threat of imposing a 50% tax on the EU and Apple has made investors seek gold as a safe haven.

David Morrison, senior analyst at Trade Nation, said the weaker US dollar also supported gold. However, he warned that the market is fairly neutral at the moment and that gold could move in either direction. While there are reasons to hold gold as a safe haven, he stressed that nothing is certain and a correction is still possible.

Some experts believe that the US Memorial Day holiday may help ease market tensions temporarily, leading many investors to take short-term profits in gold. However, in the long term, if trade tensions and economic uncertainty continue to escalate, gold prices can still maintain their upward momentum.

Gold price forecast

In the context of the volatile world economy and politics, 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 from VanEck Fund. 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 follow the rally, 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.

However, a recent ECB report raised concerns that the surge in investment demand for gold could destabilize the market. The ECB said that if extreme events occurred, the gold market could have a negative impact on financial stability, although this risk is currently low compared to other asset classes.

The World Gold Council (WGC) said it disagrees with the risks outlined by the European Central Bank (ECB). "When we analyze the performance of gold, we see that it has maintained its value, maintained good liquidity and is an effective hedge. Even in the past six months with concerns about tariffs, the gold market has not fluctuated significantly. This further confirms the strategic role of gold in times of market uncertainty," said Joseph Cavatoni, senior market strategist at WGC.

The WGC also highlighted the huge size of the gold market with an average trading volume of up to $165 billion per day, second only to S&P 500 index futures. This figure shows that gold is one of the most liquid markets in the world.