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Gold price forecast tomorrow 04/03/2025: Unexpected sharp drop

Gold price forecast tomorrow; latest domestic and world gold prices; fluctuations in SJC, 9999, 24k, 18k gold prices of PNJ, DOJI during the day; gold price today.

Báo Công thươngBáo Công thương02/04/2025

At the close of trading on April 2, today’s gold price witnessed a downward adjustment after recent sharp fluctuations. The price of SJC gold bars and gold rings both recorded a decrease in both buying and selling prices compared to previous trading sessions.

Specifically, the price of SJC gold bars was listed by Saigon Jewelry Company at VND99.1 million/tael (buy) and VND101.8 million/tael (sell). Compared to this morning's price (VND99.4 - 102.1 million/tael), the buying price decreased by VND300,000/tael, similarly the selling price decreased by VND300,000/tael.

Compared to yesterday morning (April 1), the buying price decreased by VND900,000/tael, while the selling price decreased by VND500,000/tael. The difference between buying and selling prices this afternoon was VND2.7 million/tael, unchanged from this morning but narrowed by more than VND200,000/tael compared to VND2.9 million/tael yesterday morning.

Dự báo giá vàng ngày mai 03/04/2025
Gold price forecast tomorrow April 3, 2025. Photo PC

Meanwhile, Bao Tin Minh Chau, The price of gold rings decreased by 700,000 VND/tael for buying and 300,000 VND/tael for selling, currently fluctuating at 98.8 - 101.9 million VND/tael.

PNJ reduced the price of gold rings to 99.1 - 101.8 million VND/tael, down 400,000 VND/tael for buying and 100,000 VND/tael for selling. SJC Company adjusted the price down 300,000 VND/tael for buying, keeping the selling price unchanged, with a transaction level of 98.9 - 101.5 million VND/tael.

DOJI reduced the buying price by 500,000 VND/tael and the selling price by 300,000 VND/tael, currently listed at 98.5 - 100.5 million VND/tael.

1. DOJI - Updated: 04/02/2025 14:12 - Source website time - / Compared to yesterday.
Type Buy Sell
AVPL/SJC HN 99,100 ▼300K 101,800 ▼300K
AVPL/SJC HCM 99,100 ▼300K 101,800 ▼300K
AVPL/SJC DN 99,100 ▼300K 101,800 ▼300K
Raw material 9999 - HN 98,500 ▼900K 10,050 ▼70K
Raw material 999 - HN 98,400 ▼900K 10,040 ▼70K
2. PNJ - Updated: 01/01/1970 08:00 - Website time of supply source - / Compared to yesterday.
Type Buy Sell
HCMC - PNJ 99,100 ▼300K 101,800 ▼300K
HCMC - SJC 99,100 ▼300K 101,800 ▼300K
Hanoi - PNJ 99,100 ▼300K 101,800 ▼300K
Hanoi - SJC 99,100 ▼300K 101,800 ▼300K
Da Nang - PNJ 99,100 ▼300K 101,800 ▼300K
Da Nang - SJC 99,100 ▼300K 101,800 ▼300K
Western Region - PNJ 99,100 ▼300K 101,800 ▼300K
Western Region - SJC 99,100 ▼300K 101,800 ▼300K
Jewelry gold price - PNJ 99,100 ▼300K 101,800 ▼300K
Jewelry gold price - SJC 99,100 ▼300K 101,800 ▼300K
Jewelry gold price - Southeast PNJ 99,100 ▼300K
Jewelry gold price - SJC 99,100 ▼300K 101,800 ▼300K
Jewelry gold price - Jewelry gold price PNJ 999.9 Plain Ring 99,100 ▼300K
Jewelry gold price - Jewelry gold 999.9 99,100 ▼300K 101,600 ▼300K
Jewelry gold price - Jewelry gold 999 99,000 ▼300K 101,500 ▼300K
Jewelry gold price - Jewelry gold 99 98,180 ▼300K 100,680 ▼300K
Jewelry gold price - 916 gold (22K) 90,670 ▼270K 93,170 ▼270K
Jewelry gold price - 750 gold (18K) 73,850 ▼230K 76,350 ▼230K
Jewelry gold price - 680 gold (16.3K) 66,740 ▼200K 69,240 ▼200K
Jewelry gold price - 650 gold (15.6K) 63,690 ▼200K 66,190 ▼200K
Jewelry gold price - 610 gold (14.6K) 59,630 ▼180K 62,130 ▼180K
Jewelry gold price - 585 gold (14K) 57,090 ▼170K 59,590 ▼170K
Jewelry gold price - 416 gold (10K) 39,920 ▼120K 42,420 ▼120K
Jewelry gold price - 375 gold (9K) 35,750 ▼110K 38,250 ▼110K
Jewelry gold price - 333 gold (8K) 31,180 ▼100K 33,680 ▼100K
3. AJC - Updated: 04/02/2025 00:00 - Source website time - / Compared to yesterday.
Type Buy Sell
Jewelry 99.99 9,750 ▼100K 10,150 ▼50K
99.9 Jewelry 9,740 ▼100K 10,140 ▼50K
NL 99.99 9,750 ▼100K
Round ring not sealed in blister T.Binh 9,750 ▼110K
Round, 3A, Yellow T.Bình 9,880 ▼80K 10,160 ▼50K
Round, 3A, Yellow N.An 9,880 ▼80K 10,160 ▼50K
Round N., 3A, Yellow Street, Hanoi 9,880 ▼80K 10,160 ▼50K
SJC Thai Binh pieces 9,910 ▼40K 10,180 ▼30K
SJC Nghe An pieces 9,910 ▼40K 10,180 ▼30K
SJC Hanoi Piece 9,910 ▼40K 10,180 ▼30K

Gold prices edged down on April 2 due to profit-taking pressure, but remained near record highs as investors sought the precious metal as a safe haven from economic turmoil. The highlight of the week was US President Donald Trump’s announcement of a plan to impose reciprocal tariffs, which is expected to have a strong impact on financial markets.

There has been no major change in the fundamentals for gold, and it remains a favorable period for the precious metal, according to Peter Grant, vice president and senior metals strategist at Zaner Metals. Investors are awaiting details on the Trump administration’s tariff plans, with the Washington Post reporting that the White House has drafted plans to impose a roughly 20% tax on most imports into the US.

Gold’s appeal as a safe haven has been bolstered by a range of factors including geopolitical tensions, economic uncertainty and continued global central bank accumulation, pushing the precious metal to its biggest quarterly gain since 1986.

Historically, gold prices have risen during periods of trade tensions and tariff implementation as investors seek to protect themselves from market volatility and inflationary pressures. Tariffs typically increase production costs for manufacturers and retail prices for consumers, which can slow economic growth while fueling inflation, conditions in which gold typically thrives.

Goldman Sachs on March 31 raised the probability of a US recession from 20% to 35%, and predicted that the US Federal Reserve (Fed) will continue its policy of cutting interest rates. In an environment of low interest rates, gold – which does not directly generate income – becomes more attractive to investors, contributing to the strengthening of the price of this precious metal.

Ngoc Hung

Source: https://congthuong.vn/du-bao-gia-vang-ngay-mai-03042025-bat-ngo-roi-manh-381047.html


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