Gold price today May 5, 2025: Domestic gold price and world gold price today retreated from the record peak, while investors are optimistic, experts say it is difficult to increase in the coming days.

Gold price today 05/05/2025

At the time of survey at 4:30 a.m. on May 5, 2025, the gold price was listed by some businesses specifically as follows:

The price of SJC gold bars was listed by Saigon Jewelry Company Limited, DOJI Group at 119.3-121.3 million VND/tael (buy - sell), the price remained unchanged in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed at 118.3-121 million VND/tael (buy - sell), the price remained unchanged compared to the closing price of yesterday's trading session.

At PNJ, the price of gold bars is listed at 118.5-121.3 million VND/tael (buy-sell), unchanged from the previous trading session.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 117-119 million VND/tael for buying and selling. Compared to yesterday, the gold price did not fluctuate.

Gold price today May 5, 2025. Photo PC

The latest gold price list today, May 5, 2025 is as follows:

World gold price today 05/05/2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 a.m. today, Vietnam time, was 3,239.27 USD/ounce. Today's gold price is unchanged from yesterday. Converted according to the USD exchange rate on the free market (26,430 VND/USD), the world gold price is about 103.2 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 18.1 million VND/tael higher than the international gold price.

World gold price developments in the past 24 hours.

Currently, domestic gold investors are cautiously monitoring the market, waiting for price adjustments after the 5-day holiday. Notably, domestic gold prices are currently about VND18 million/tael higher than world gold prices, creating a significant gap and causing many people to expect price fluctuations when the market resumes operations.

Meanwhile, at the end of the week, world gold prices fell slightly on Friday (May 2), marking the second consecutive week of losses, as US-China trade tensions eased and a positive US jobs report put pressure on the precious metal market.

Spot gold fell 0.4% to $3,228.50 an ounce at 17:41 GMT, Reuters reported. For the week, gold prices fell 2.6% after hitting a record high of $3,500.05 on April 22. Notably, gold prices fell to their lowest level since April 14 during Thursday's trading session.

Meanwhile, US gold futures recorded a slight increase of 0.6%, closing at $3,243.30.

Forecasting the trend of gold prices next week, there is a tug of war between the opinions of analysts and investors, according to Kitco.

Specifically, in the Wall Street survey, 18 analysts participated in the response, of which only 28% said that gold prices would increase, 50% said that gold prices would decrease and the remaining 22% predicted that gold prices would remain stable. Experts have said for two consecutive weeks that gold prices will be difficult to increase again in the short term.

On the other hand, the Main Street online survey found that of the 273 investors who responded, 52% said gold prices would rise, 29% said gold prices would fall and 19% said gold prices would remain flat.