Gold price increase streak broken weekly

Domestic gold price today April 6, 2025

At the time of survey at 2:30 p.m. on April 6, 2025, domestic gold prices were resting during the Hung Kings' Commemoration Day holiday. Specifically:

The price of SJC gold bars is listed by Saigon Jewelry Company at 98.8-101.3 million VND/tael (buy - sell), unchanged in both buying and selling directions. The difference between buying and selling prices is at 2.5 million VND/tael.

The price of SJC pieces listed by DOJI Group is at 98.8-101.3 million VND/tael (buy - sell), unchanged in both buying and selling directions. The difference between buying and selling prices is at 2.5 million VND/tael.

Meanwhile, Bao Tin Minh Chau listed the price of SJC gold bars at 98.8-101.3 million VND/tael (buy - sell), unchanged in both buying and selling directions. The difference between buying and selling prices is at 2.5 million VND/tael.

As of 4:30 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 98.5-101.3 million VND/tael (buy - sell); unchanged in both buying and selling directions. The difference between buying and selling is listed at 2.8 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 98.8-101.3 million VND/tael (buy - sell); unchanged in both buying and selling directions. The difference between buying and selling is 2.5 million VND/tael.

The latest gold price list today, April 6, 2025 is as follows:

Gold price today	April 6, 2025 (million dong)		Difference (thousand dong/tael)
	Buy	Sell	Buy	Sell
SJC in Hanoi	97.1	100.1	-	-
DOJI Group	97.1	100.1	-	-
Red Eyelashes	99.3	100.8	+600	+300
PNJ	97.1	100.1	-	-
Vietinbank Gold		100.1		-
Bao Tin Minh Chau	97.2	100.1	-	-
Phu Quy	97.3	100.1	+200	-

1. DOJI - Updated: April 6, 2025 14:30 - Source website time - ▼/▲ Compared to yesterday.
Domestic gold price	Buy	Sell
AVPL/SJC HN	97,100	100,100
AVPL/SJC HCM	97,100	100,100
AVPL/SJC DN	97,100	100,100
Raw material 9999 - HN	96,500	99,200
Raw material 999 - HN	96,400	99,100

2. PNJ - Updated: April 6, 2025 14:30 - Time of the source website - ▼/▲ Compared to yesterday.
Type	Buy	Sell
HCMC - PNJ	97,500	100.100
HCMC - SJC	97,100	100.100
Hanoi - PNJ	97,500	100.100
Hanoi - SJC	97,100	100.100
Da Nang - PNJ	97,500	100.100
Da Nang - SJC	97,100	100.100
Western Region - PNJ	97,500	100.100
Western Region - SJC	97,100	100.100
Jewelry gold price - PNJ	97,500	100.100
Jewelry gold price - SJC	97,100	100.100
Jewelry gold price - Southeast	PNJ	97,500
Jewelry gold price - SJC	97,100	100.100
Jewelry gold price - Jewelry gold price	PNJ 999.9 Plain Ring	97,500
Jewelry gold price - Jewelry gold 999.9	97,500	100,000
Jewelry gold price - Jewelry gold 999	97,400	99,900
Jewelry gold price - Jewelry gold 9920	96,800	99,300
Jewelry gold price - Jewelry gold 99	96,600	99,100
Jewelry gold price - 916 gold (22K)	89,200	91,700
Jewelry gold price - 750 gold (18K)	72,650	75,150
Jewelry gold price - 680 gold (16.3K)	65,650	68,150
Jewelry gold price - 650 gold (15.6K)	62,650	65,150
Jewelry gold price - 610 gold (14.6K)	58,650	61,150
Jewelry gold price - 585 gold (14K)	56,150	58,650
Jewelry gold price - 416 gold (10K)	39,250	41,750
Jewelry gold price - 375 gold (9K)	35,150	37,650
Jewelry gold price - 333 gold (8K)	30,650	33,150

3. SJC - Updated: April 6, 2025 14:30 - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG	97,100	100,100
SJC gold 5 chi	97,100	100,120
SJC gold 0.5 chi, 1 chi, 2 chi	97,100	100,130
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi	97,000	100,000
SJC 99.99% gold ring 0.5 chi, 0.3 chi	97,000	100,100
Jewelry 99.99%	97,000	99,700
Jewelry 99%	95,712	98,712
Jewelry 68%	64,952	67,952
Jewelry 41.7%	38,729	41,729

World gold price today April 6, 2025 and world gold price fluctuation chart in the past 24 hours

In the international market, the spot gold price was recorded at 3,035.92 USD/ounce, unchanged from the previous session. Converted at the current exchange rate, the world gold price is equivalent to about 95 million VND/tael (excluding taxes and fees), nearly 5.1 million VND/tael lower than domestic gold bars.

The world gold price fell 1.8% last week, ending a five-week streak of consecutive increases. However, gold has shown much better resilience than the stock market. Currently, the spot gold price still holds support around $3,000/ounce, although some analysts warn that if selling pressure continues to increase, the price could fall to $2,800.

Gainesville Coins expert Everett Millman said the drop was largely due to investors selling gold and silver to cover losses in stocks. When the stock market falls sharply, the demand for cash increases and gold is often sold to cover investment portfolios.

Millman said there is currently no solid support level for gold prices if the market continues to fluctuate strongly. According to him, gold can only stabilize when there are clear policy signals from the Fed, such as a commitment to cut interest rates or launch an economic stimulus package. In a negative scenario, gold prices could fall to the $2,900 region.

Meanwhile, Kevin Grady of Phoenix Futures and Options said the market is very chaotic. Many investors are selling profitable positions to replenish their margin, especially when stocks are falling. He said that big banks are staying on the sidelines and continuing to monitor developments after President Trump announced new tax policies.

Grady does not expect gold prices to rise sharply next week. The market is being dominated by profit-taking after gold's recent strong rise. In addition, pressure from margin calls has temporarily withdrawn money from gold. He believes the market needs more time to stabilize and determine a clearer direction.

Another concern for Grady is the risk of a global recession. As demand for commodities declines, including gold, markets could come under further pressure. Many investors are now choosing to hold cash because they have not yet identified a safe place for their capital.

Experts at CPM Group also advised investors to temporarily hold their positions and wait for a buying opportunity when gold prices fall further. They said the recent correction was a response to risks from the US government's tax policy. Gold prices had risen to nearly $3,196 before being sold off sharply to around $3,073.

Gold remains a popular asset as inflation and recession are key drivers of safe-haven demand, according to CPM, but they do not recommend buying immediately, but only consider it when prices fall below $3,050.

Investors will be keeping a close eye on key economic data from the US in the coming week. Minutes from the March FOMC monetary policy meeting will be released on Wednesday, followed by CPI inflation reports on Thursday and PPI on Friday. Meanwhile, the University of Michigan consumer confidence index will also provide further insights into market sentiment.

Gold Price Forecast

The latest Kitco News Gold Survey shows that sentiment in the gold market has changed dramatically, with industry professionals no longer as bullish as they were last week, while retail investors are only slightly more bearish, despite the sharp sell-off this week.

Of the 16 experts surveyed by Kitco, only five see gold prices rising next week. The majority – eight – see further declines, while the rest see prices moving sideways around current lows. As for retail investors, of the 273 respondents to the online survey, 61% still expect prices to rise, 26% see them falling and 13% see them fluctuating around current levels.

Marc Chandler of Bannockburn Global Forex said gold is losing its safe haven status among retail investors. Despite the decline in the US dollar and bond yields, gold is still being sold off along with stocks. He predicted that if gold falls below $3,054 an ounce, it could continue to fall to $3,030 or $3,000. Technical indicators are currently showing negative signals.

According to Suki Cooper from Standard Chartered, the current trend of gold correcting after major risk events is not unusual, consistent with gold's role in long-term investment portfolios.

Colin Cieszynski of SIA Wealth Management said gold is facing a short-term correction as the previous rally has been too strong. However, he remains positive on the medium-term trend as economic uncertainty and tariff policy remain supportive factors.

Adrian Day also believes that gold prices may continue to correct around the $3,000/ounce mark in the next few days. However, he considers this a slight correction and does not change the long-term upward trend.

Gold prices fell for the week, ending a five-week streak of gains. However, gold still held support around $3,000 an ounce. Since the beginning of the year, gold prices have increased by more than 15% thanks to steady buying from central banks and its role as a safe haven amid economic and geopolitical uncertainty.

Analysts warn that prices could fall further and retest the $2,800 support zone if selling pressure continues to increase.

David Morrison of Trade Nation said this week’s sell-off was stronger than expected but not surprising. Gold is technically overbought. But he doesn’t think the uptrend is over. If gold can hold $3,000 or $2,900, it could set the stage for a new multi-year bull run.

Source: https://baoquangnam.vn/gia-vang-hom-nay-6-4-2025-gia-vang-trong-nuoc-va-the-gioi-dut-chuoi-tang-gia-hang-tuan-3152222.html