Updating the price of gold today 07/05/2025 last on the domestic market
At the time of the survey at 11:30 am on May 7, 2025, the last price of gold on May 7, 2025 recorded a slight downward trend on the internal market. Specifically:
The price of SJC gold in Hanoi was listed by Doji Group at 119.7-121.7 million VND/Tael (purchase – sale), a drop of 500,000 VND/Tael in both directions of purchase and sale compared to yesterday.
At the same time, the price of SJC gold in Mi Hong was listed at 120.7-122.2 million VND/TAEL (Purchase – Sale), the price of gold increasing by 200,000 VND/TAEL in both directions of purchase and sale compared to yesterday.
At PNJ, the price of 9999 round gold rings is exchanged at 115.5-118.1 million VND/Tael (purchase – sale), the price of gold increased by 500,000 VND/Tael to purchase and 100,000 VND/Tael for sale compared to yesterday.
The price of gold at Phu Quy is listed by companies at 119.2-122.2 million VND/TAEL (Purchase – Sale), the price of gold decreasing by 600,000 VND/TAEL in both directions of purchase and sale compared to yesterday.
The price of SJC gold to Bao Tin Minh Chau fluctuated between 120.2 and 122.5 million VND/Tael (Purchase – Sale), the price of gold has remained unchanged to purchase but increased by 300,000 VND/Tael for sale compared to yesterday. This fluctuation makes investors particularly interested in today’s gold price on May 7, 2025.
At 11:30 am today, the price of round gold rings 9999 Hung Thinh Vuong at Doji is listed at 116-118.5 million VND/Tael (purchase – sale); increased by 500,000 VND/Tael in both directions of purchase and sale compared to yesterday. Bao tin minh chau next to the price of gold rings at 117.5-120.5 million VND/Tael (purchase – sale);
The last table for updating the price of gold today, on May 7, 2025, is as follows:
| Gold price today | ||||
|---|---|---|---|---|
| Acheter | Sell | |||
| SJC in Hanoi | 119,7 | ▼500 | 121,7 | ▼500 |
| Doji group | 120,2 | – | 122,2 | – |
| Red eyelashes | 120,7 | ▲200 | 122,2 | ▲200 |
| PNJ | 115,5 | ▲500 | 118.1 | ▲100 |
| VietinBank Gold | 121,7 | ▼500 | ||
| Tin Tin Minh Chau | 120,2 | – | 1225 | ▲300 |
| Phu Quy | 119,2 | ▼600 | 122,2 | ▼600 |
| 1. Doji – Update: 07/05/2025 11:30 – Source site time – ▼/▲ compared to yesterday. | ||
| Taper | Acheter | Sell |
| AVPL/SJC HN | 119 700 ▼500 000 | 121 700 ▼ 500 000 |
| AVPL/SJC HCM | 119 700 ▼500K | 121 700 ▼ 500 000 |
| AVPL/SJC DN | 119 700 ▼500K | 121 700 ▼ 500 000 |
| Raw material 9999 – HN | 114 300 ▼1 000 | 117 100 – |
| Raw material 999 – HN | 114 200 ▼1 000 | 117 000 – |
| 2. PNJ – Update: May 7, 2025 11:30 – Source site – ▼/▲ compared to yesterday. | ||
| Taper | Acheter | Sell |
| Golden ingots SJC PNJ | 120 200 000 – | 122 200 000 – |
| Round ring in gold 9999 PNJ | 115 500 000 ▲500 000 | 118 100 000 ▲100 000 |
| Kim Bao 9999 Or | 115 500 000 ▲500 000 | 118 100 000 ▲100 000 |
| Or Phu Loc Loc Tai 9999 | 115 500 000 ▲500 000 | 118 100 000 ▲100 000 |
| Lingot d’Or pnj – phuong hoang | 115 500 000 ▲500 000 | 118 100 000 ▲100 000 |
| PNJ 9999 Or | 115 000 000 – | 117 500 000 – |
| PNJ Or 24 carats | 114 880 000 – | 117 380 000 – |
| 99 gold jewelry | 113 930 000 – | 116 430 000 – |
| Or 916 (22 carats) | 105 230 000 – | 107 730 000 – |
| Or PNJ 18 carats | 80 780 000 – | 88 280 000 – |
| 680 pieces of gold (16.3 carats) | 72 550 000 – | 80 050 000 – |
| 650 pieces of gold (15.6 carats) | 69 030 000 – | 76 530 000 – |
| 610 pieces of gold (14.6 carats) | 64 330 000 – | 71 830 000 – |
| Or PNJ 14 carats | 61 390 000 – | 68 890 000 – |
| 416 gold coins (10,000) | 41 530 000 – | 49 030 000 – |
| 375 pieces of gold (9 carats) | 36 710 000 – | 44 210 000 – |
| 333 Or (8K) | 31 430 000 – | 38 930 000 – |
| 3. SJC – Update: 07/05/2025 11:00 – Source site time – ▼/▲ compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 119 700 ▼500 000 | 121 700 ▼500 |
| SJC or 5 chi | 119 700 ▼500 000 | 121 720 ▼500 |
| Or SJC 0.5 Chi, 1 Chi, 2 Chi | 119 700 ▼500 000 | 121 730 ▼500 |
| Gold SJC ring 99.99% 1 chi, 2 chi, 5 chi | 115 500 – | 118 000 – |
| SJC gold ring 99.99% 0.5 chi, 0.3 chi | 115 500 – | 118 100 – |
| 99.99% jewelry | 115 500 – | 118 400 – |
| 99% jewelry | 111 737 – | 116 237 – |
| 68% jewelry | 73 489 ▼159 | 79 989 – |
| 41.7% jewelry | 42 610 ▼500 | 49 110 – |
Updating the price of gold today May 7, 2025 last information on the world market
At the time of negotiations at 11:30 am on May 7, 2025 (Vietnam time), the world price of gold recorded by Kitco was 3,383.88 USD/Once. Converted to the USD exchange rate on the free market (26,180 VND/USD), the world price of gold is equivalent to around 107.06 million VND/Tael (excluding taxes and fresh). Compared to the price of the SJC National Golden Lingot on the same day (119.7-121.7 million VND/TAEL), the current SJC gold price is around 14.64 million higher than the international gold price.
The main reason for this drop would be for investors to expect positive signals from commercial negotiations between the two main savings. Ilya Spivak, responsible for global macroeconomics at Tastylive, said the market is entering a “high-risk” mode because there were signs that the United States and China had started real negotiations. An upcoming meeting between the American secretary to the Treasury Scott Bessent, the chief commercial negotiator Jamieson Greer and the senior Chinese economic official Xia Lifeng in Switzerland this weekend strengthened these expectations.
-However, tensions remain high while the two countries won customs duties in retaliation last month, arousing concerns about a world trade war which could lead to an economic recession. President Donald Trump also said that he and senior officials would examine potential trade agreements over the next two weeks to decide what to accept, keeping the markets on their guard.
In addition, the attention of investors is also today on the meeting of the Federal Open Market Committee (FOMC) – the decision -making body of the American Central Bank (Fed). The Fed should maintain its interest rates unchanged during this meeting, but its position will remain ambiguous to keep its flexibility, especially when it tries to assess the impact of the trade war on growth and inflation. According to the traders, the Fed should probably reduce its interest rates by around 80 base points this year, from July, and the comments of the president of the Fed, Jerome Powell, will be a key factor to reveal this calendar.
Gold is often considered to be a refuge value in times of economic and political uncertainty, in particular when interest rates are low. This means that if interest rates drop, gold prices could be supported and increase again. However, in the current situation, the prices of other precious metals such as money, platinum and palladium are also down, to $ 32.93, $ 979.07 and $ 970.28 A ounce, respectively, showing general pressure on the precious metal market. Consequently, the price of gold today, on May 7, 2025, on the world market was influenced both by commercial expectations and by the decision of the Fed, creating a complicated image for investors.
News, Trends in the price of gold today 07/05/2025 national and global gold prices
Gold prices are experiencing today, on May 7, 2025, notable fluctuations on the international market. Although gold prices recently experienced a sharp drop, the general trend remains upwards due to the unstable global context. The decisions of the American President Donald Trump’s administration may have a major impact on the world’s financial markets and raw materials.
On the American stock market, the feeling of risk aversion returns, because there was no breakthrough in the World Trade War. This led investors to turn to gold as a refuge value. In addition, the increase in the price of certain key currencies as the Japanese yen exerts pressure on the USD, which means that the price of gold today, on May 7, 2025, will be affected when the USD weakens.
Technically, gold prices are facing high resistance at $ 3,509.9 $ $, while the support is $ 3,209.4 for the ounce since last week. On May 7 at 6 am, the international price of gold reached 3,396 USD/OCE, up 46 USD compared to the lowest level last night of 3,350 USD/Once.
The prices of gold continued to increase today, on May 7, 2025, thanks to the high demand for gold in China, especially from retailers. The Shanghai Gold Stock Exchange has recorded a record volume of exchanges, reflecting the tendency to hoard gold in a context of global economic and commercial uncertainty. The weakness of the US dollar has also contributed to the rise in gold prices, because gold generally has an opposite relationship with money, which makes it more attractive for international investors.
In addition, the American stock market indices have dropped and the feeling of risk aversion increased due to the lack of progress in the World Trade War. This further strengthens the role of gold as a safe investment channel, supporting the price of gold today, on May 7, 2025, to continue the positive trend.
Source : https://baodaknong.vn/gia-vang-hom-nay-7-5-2025-gia-vang-trong-nuoc-giam-nhe-gia-vang-the-gioi-tien-sat-3400-usd-251750.html
