Gold price today May 16, 2025: Domestic and world gold prices increased again from 100 million VND
Gold price today May 16, 2025: Domestic gold price and world gold price increased again from 100 million VND after PPI data and US Retail Sales in the US decreased sharply
Domestic gold price today May 16, 2025
At the time of survey at 4:30 a.m. on May 16, 2025, domestic gold prices decreased sharply compared to yesterday. 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 115.8-118 million VND/tael for buying and selling. Compared to yesterday, the gold price decreased by 2.2 million VND/tael for buying and 1.7 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 a.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 16, 2025 is as follows:
Gold price today | May 16, 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 | 115.8 | 118 | -2200 | -1700 |
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: 16/5/2025 04:30 - 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: 16/5/2025 04:30 - Source website time - ▼/▲ Compared to yesterday. | ||
Type | Buy | Sell out |
HCMC - PNJ | 110,500▼2500K | 113,500▼2000K |
HCMC - SJC | 115,500▼2500K | 118,200▼1800K |
Hanoi - PNJ | 110,500▼2500K | 113,500▼2000K |
Hanoi - SJC | 115,500▼2500K | 118,200▼1800K |
Da Nang - PNJ | 110,500▼2500K | 113,500▼2000K |
Da Nang - SJC | 115,500▼2500K | 118,200▼1800K |
Western Region - PNJ | 110,500▼2500K | 113,500▼2000K |
Western Region - SJC | 115,500▼2500K | 118,200▼1800K |
Jewelry gold price - PNJ | 110,500▼2500K | 113,500▼2000K |
Jewelry gold price - SJC | 115,500▼2500K | 118,200▼1800K |
Jewelry gold price - Southeast | PNJ | 110,500▼2500K |
Jewelry gold price - SJC | 115,500▼2500K | 118,200▼1800K |
Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 110,500▼2500K |
Jewelry gold price - Kim Bao Gold 999.9 | 110,500▼2500K | 113,500▼2000K |
Jewelry gold price - Phuc Loc Tai Gold 999.9 | 110,500▼2500K | 113,500▼2000K |
Jewelry gold price - Jewelry gold 999.9 | 110,500▼2300K | 113,000▼2300K |
Jewelry gold price - 999 jewelry gold | 110,390▼2300K | 112,890▼2300K |
Jewelry gold price - 9920 jewelry gold | 109,700▼2280K | 112,200▼2280K |
Jewelry gold price - 99 jewelry gold | 109,470▼2280K | 111,970▼2280K |
Jewelry gold price - 750 gold (18K) | 77,400▼1730K | 84,900▼1730K |
Jewelry gold price - 585 gold (14K) | 58,760▼1340K | 66,260▼1340K |
Jewelry gold price - 416 gold (10K) | 39,660▼960K | 47,160▼960K |
Jewelry gold price - 916 gold (22K) | 101,110▼2110K | 103,610▼2110K |
Jewelry gold price - 610 gold (14.6K) | 61,580▼1400K | 69,080▼1400K |
Jewelry gold price - 650 gold (15.6K) | 66,100▼1500K | 73,600▼1500K |
Jewelry gold price - 680 gold (16.3K) | 69,490▼1560K | 76,990▼1560K |
Jewelry gold price - 375 gold (9K) | 35,030▼860K | 42,530▼860K |
Jewelry gold price - 333 gold (8K) | 29,940▼760K | 37,440▼760K |
3.SJC- Updated: 16/5/2025 04:30 - 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 16, 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 3,192.09 USD/ounce. Today's gold price increased by 0.5 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,110 VND/USD), the world gold price is about 101.54 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 16.68 million VND/tael higher than the international gold price.
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World gold prices recovered after a sharp decline yesterday. After US PPI inflation data and US Retail Sales fell short of expectations, paving the way for the Federal Reserve (Fed) to cut interest rates this year.
According to data from the US Department of Labor, the producer price index (PPI) fell 0.5% in April, following a 0.4% decline in March. This figure was much lower than the 0.2% increase forecast by analysts. Compared to the same period last year, producer inflation increased only 2.4%, lower than the expected 2.5%.
Retail sales rose a modest 0.1% in April, following a revised 1.7% gain in March, according to the US Commerce Department. The figure beat analysts' expectations, who had predicted no sales growth in April.
Gold prices rebounded on weak inflation data, with spot gold up 0.02% after hitting its lowest level since April 10. Meanwhile, US gold futures edged down 0.3% to $3,179.2 an ounce.
Gold’s recent rally is largely due to investors closing short positions, according to Fawad Razaqzada, a market analyst at City Index and FOREX.com. He also said a weaker US dollar may have helped spur demand for gold.
The market currently expects the Fed to cut interest rates by about 50 basis points this year, with the first reduction likely to come in October. Gold prices tend to rise in low-interest-rate environments because they do not yield interest income.
Silver prices also fell slightly by 0.4% to $32.09 an ounce, while palladium rose by 0.6% to $956.58. Platinum prices also rose by 0.7% to $982.53.
Gold price forecast
Experts say gold prices could continue to rise in the coming time if economic indicators continue to show instability in the manufacturing sector. However, the level of increase will depend on many other factors such as interest rate developments and the value of the USD.
In fact, gold prices are on the way to recovering to $3,192/ounce after tensions between Ukraine and Russia escalated during negotiations held in Türkiye. Mr. Trump said that peace talks between Ukraine and Russia will not progress unless he directly meets with Russian President Putin. Mr. Zelenskyy expressed no interest in the current round of negotiations.
In Asia, demand for gold from ETFs, especially in China, remained strong, with the latest transaction recording the largest inflow since April 24, despite positive developments in US-China negotiations.
According to TD Securities, the current change in the structure of gold buyers suggests that the possibility of a fall in gold prices will be limited, and that gold price movements clearly reflect the long-term macro trend. The US dollar remains the key reserve currency, but is gradually losing its role as a tool to protect value.
Institutional investors and hedge funds like CTAs remain long gold positions and will not sell unless the price of gold falls further to around $3,050/ounce, further reinforcing expectations that gold prices will remain stable in the near term.
Forecasting domestic gold prices, according to financial expert Phan Dung Khanh, SJC gold bar prices may decrease following the trend of world gold prices, but this possibility is unlikely to happen in the near future. Currently, the gap between domestic and international gold prices is still high and not really reasonable. However, intervention measures from the State Bank and the Government are starting to take effect.
Closing the gap between domestic and international gold prices is a process that takes time and cannot be achieved immediately. The policy goal is to help domestic gold prices move closer to global prices, not to force prices down to match international prices.