Gold price on May 14, 2025: Domestic and world gold prices slightly decreased by half a million dong
Gold price on May 14, 2025: Domestic and world gold prices decreased slightly after the Prime Minister issued a telegram directing the implementation of measures to manage the gold market. The decline in gold prices slowed down due to support from the April CPI index in the US, so it remained high above 3,200 USD.
Domestic gold price today May 14, 2025
At the time of survey at 4:30 p.m. on May 14, 2025, the domestic gold price decreased slightly by half a million VND. Specifically:
DOJI Group listed the price of SJC gold bars at 118-120 million VND/tael (buy - sell), a decrease 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 118-120 million VND/tael (buy - sell), the gold price decreased by 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 118.2-119.7 million VND/tael for buying and selling. Compared to yesterday, the gold price decreased by 300 thousand VND/tael for buying and 800 thousand VND/tael for selling compared to yesterday.
SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 118-120 million VND/tael (buy - sell), a decrease of 500 thousand VND/tael 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 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 112.5-115 million VND/tael (buy - sell); the price decreased by 500 thousand VND/tael in both buying and selling directions compared to yesterday.
Bao Tin Minh Chau listed the price of gold rings at 115.5-118.5 million VND/tael (buy - sell); down 500 thousand VND/tael in both buying and selling directions compared to yesterday.
The latest gold price list today, May 14, 2025 is as follows:
| Gold price today | May 14, 2025 (Million VND) | Difference (thousand dong/tael) | ||
| Buy | Sell out | Buy | Sell out | |
| SJC in Hanoi | 118 | 120 | -500 | -500 |
| DOJI Group | 118 | 120 | -500 | -500 |
| Mi Hong | 118.2 | 119.7 | -300 | -800 |
| PNJ | 118 | 120 | -500 | -500 |
| Vietinbank Gold | 120 | -500 | ||
| Bao Tin Minh Chau | 118 | 120 | -500 | -500 |
| Phu Quy | 117 | 120 | -500 | -500 |
| 1.DOJI- Updated: 14/5/2025 16:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Domestic gold price | Buy | Sell |
| AVPL/SJC HN | 118,000▼500K | 120,000▼500K |
| AVPL/SJC HCM | 118,000▼500K | 120,000▼500K |
| AVPL/SJC DN | 118,000▼500K | 120,000▼500K |
| Raw material 9999 - HN | 109,700▼500K | 112,500▼500K |
| Raw materials 999 - HN | 109,600▼500K | 112,400▼500K |
| 2.PNJ- Updated: 14/5/2025 16:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell out |
| SJC 999.9 gold bar | 11,800 | 12,000 |
| PNJ 999.9 Plain Ring | 11,300 | 11,550 |
| Kim Bao Gold 999.9 | 11,300 | 11,550 |
| Gold Phuc Loc Tai 999.9 | 11,300 | 11,550 |
| 999.9 gold jewelry | 11,280 | 11,530 |
| 999 gold jewelry | 11,269 | 11,519 |
| 9920 gold jewelry | 11,198 | 11,448 |
| 99 gold jewelry | 11,175 | 11,425 |
| 750 Gold (18K) | 7,913 | 8,663 |
| 585 Gold (14K) | 6,010 | 6,760 |
| 416 Gold (10K) | 4,062 | 4,812 |
| PNJ Gold - Phoenix | 11,300 | 11,550 |
| 916 Gold (22K) | 10,322 | 10,572 |
| 610 Gold (14.6K) | 6,298 | 7,048 |
| 650 Gold (15.6K) | 6,760 | 7,510 |
| 680 Gold (16.3K) | 7,105 | 7,855 |
| 375 Gold (9K) | 3,589 | 4,339 |
| 333 Gold (8K) | 3,070 | 3,820 |
| 3.SJC- Updated: 14/5/2025 16:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 118,000▼500K | 120,000▼500K |
| SJC gold 5 chi | 118,000▼500K | 120,020▼500K |
| SJC gold 0.5 chi, 1 chi, 2 chi | 118,000▼500K | 120,030▼500K |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 112,500▼500K | 115,000▼500K |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 112,500▼500K | 115,100▼500K |
| 99.99% jewelry | 112,500▼500K | 114,400▼500K |
| 99% Jewelry | 108,767▼495K | 113,267▼495K |
| Jewelry 68% | 71,450▼340K | 77,950▼340K |
| Jewelry 41.7% | 41,359▼208K | 47,859▼208K |
World gold price today May 14, 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 3,231.99 USD/ounce. Today's gold price decreased by 21.5 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,120 VND/USD), the world gold price is about 102.86 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.
In the domestic market, gold prices at domestic gold brands simultaneously decreased after the Prime Minister issued a telegram directing the State Bank of Vietnam to preside over and coordinate with relevant agencies to continue to seriously, fully, effectively and promptly implement tasks and solutions to stabilize the gold market.
World gold prices fell slightly as trade negotiations between the US and China made progress late last week, easing concerns about the risk of a global recession. This made investors more aggressive with risky assets, while reducing the appeal of gold as a safe haven.
According to market data, spot gold prices fell 0.66%, close to $3,200/ounce. Meanwhile, gold futures in the US also fell slightly by 0.3%, to $3,238.1. Previously, gold prices had set a new record at $3,500.05/ounce last month due to concerns about escalating trade wars.
The main reason for the drop in gold prices is that the US and China reached an agreement to temporarily suspend punitive tariffs for 90 days after negotiations in Geneva over the weekend. According to an executive order from the White House and comments from industry experts, the US is expected to reduce the "de minimis" tariff (minimum tax threshold) on low-value goods imported from China to 30%.
"The stock market rallied after the announcement. At least in the short term, this reduced demand for gold. If gold falls below $3,200 an ounce, there is a high possibility of a further decline to $3,165 an ounce," said Ole Hansen, head of commodity strategy at Saxo Bank.
Global stocks rose on optimism over the US-China trade war, supported by softer-than-expected US inflation data. Investors are awaiting Thursday's US producer price index (PPI) report for further clues on the Federal Reserve's interest rate path.
Earlier, lower-than-expected consumer inflation (CPI) data for April had fueled speculation about the possibility of the Fed cutting interest rates this year. Currently, many traders expect the Fed to cut interest rates by a total of 53 basis points, starting in September.
Besides gold, other precious metals also fluctuated slightly: silver price decreased 0.2% to 32.83 USD/ounce, platinum increased 0.8% to 995.66 USD while palladium remained unchanged at 957.69 USD.
