Gold price on the afternoon of April 4, 2025: Domestic and world gold prices fell sharply due to profit taking

Domestic gold price on April 4, 2025

At the time of survey at 4:30 p.m. on April 4, 2025, domestic gold prices fell sharply. Specifically:

DOJI Group listed the price of SJC gold bars at 98.8-101.3 million VND/tael (buy - sell), a decrease of 700 thousand VND/tael in buying - a decrease of 900 thousand 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 98.8-101.3 million VND/tael (buy - sell), down 700 thousand VND/tael for buying - down 900 thousand VND/tael for selling compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 99.5-101.2 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 100 thousand VND/tael for buying and decreased by 500 thousand VND/tael for selling compared to yesterday.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 98.8-101.3 million VND/tael (buying - selling, down 200 thousand VND/tael in buying direction - down 900 thousand VND/tael in selling direction compared to yesterday.

SJC gold price in Phu Quy is traded by businesses at 98.6-101.3 million VND/tael (buy - sell), gold price decreased 400 thousand VND/tael for buying - decreased 900 thousand VND/tael for selling compared to yesterday.

As of 4:30 p.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); down 200,000 VND/tael in buying - down 900,000 VND/tael in selling compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 99-101.6 million VND/tael (buy - sell); down 100 thousand VND/tael for buying - down 700 thousand VND/tael for selling.

The latest gold price table on the afternoon of April 4, 2025 is as follows:

Gold price today	April 4, 2025 (million dong)		Difference (thousand dong/tael)
	Buy	Sell	Buy	Sell
SJC in Hanoi	98.8	101.3	-700	-900
DOJI Group	98.8	101.3	-700	-900
Red Eyelashes	99.5	101.2	+100	-500
PNJ	98.8	101.3	-700	-900
Vietinbank Gold		101.3		-900
Bao Tin Minh Chau	98.8	101.3	-200	-900
Phu Quy	98.6	101.3	-400	-900

1. DOJI - Updated: April 4, 2025 16:30 - Source website time - ▼/▲ Compared to yesterday.
Domestic gold price	Buy	Sell
AVPL/SJC HN	98,800 ▼700K	101,300 ▼900K
AVPL/SJC HCM	98,800 ▼700K	101,300 ▼900K
AVPL/SJC DN	98,800 ▼700K	101,300 ▼900K
Raw material 9999 - HN	98,300 ▼200K	100,400 ▼900K
Raw material 999 - HN	98,200 ▼200K	100,300 ▼900K

2. PNJ - Updated: April 4, 2025 16:30 - Time of the source website - ▼/▲ Compared to yesterday.
Type	Buy	Sell
SJC 999.9 gold bar	9,880	10,130
PNJ 999.9 Plain Ring	9,870	10,130
Kim Bao Gold 999.9	9,870	10,130
Gold Phuc Loc Tai 999.9	9,870	10,130
999.9 gold jewelry	9,870	10,120
999 gold jewelry	9,860	10,110
9920 jewelry gold	9,799	10,049
99 gold jewelry	9,779	10,029
750 Gold (18K)	7,355	7,605
585 Gold (14K)	5,685	5,935
416 Gold (10K)	3,975	4,225
PNJ Gold - Phoenix	9,870	10,130
916 Gold (22K)	9,030	9,280
610 Gold (14.6K)	5,938	6,188
650 Gold (15.6K)	6,343	6,593
680 Gold (16.3K)	6,647	6,897
375 Gold (9K)	3,560	3,810
333 Gold (8K)	3,105	3,355

3. SJC - Updated: 4/4/2025 16:30 - Time of the source website - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG	98,800 ▼700K	101,300 ▼900K
SJC gold 5 chi	98,800 ▼700K	101,320 ▼900K
SJC gold 0.5 chi, 1 chi, 2 chi	98,800 ▼700K	101,330 ▼900K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi	98,700 ▼700K	101,200 ▼800K
SJC 99.99% gold ring 0.5 chi, 0.3 chi	98,700 ▼700K	101,300 ▼800K
Jewelry 99.99%	98,700 ▼700K	100,900 ▼800K
Jewelry 99%	96,901 ▼792K	99,901 ▼792K
Jewelry 68%	65,769 ▼544K	68,769 ▼544K
Jewelry 41.7%	39,229 ▼344K	42,229 ▼344K

World gold price on the afternoon of April 4, 2025 and chart of world gold price fluctuations in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 p.m. today, Vietnam time, was 3,084.19 USD/ounce. Today's gold price decreased by 44.26 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (25,970 VND/USD), the world gold price is about 96.47 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 4.83 million VND/tael higher than the international gold price.

Gold prices fell sharply as investors reassessed market risks following US President Donald Trump’s tariff moves. While the measures provided clarity for the market, they also raised concerns about an economic slowdown.

According to Ole Hansen, commodity strategist at Saxo Bank: "Gold prices rose earlier due to geopolitical tensions, a weak US dollar and high inflation expectations, which caused US bond yields to fall. However, when the market fluctuated strongly, many investors were forced to sell gold to reduce risks, although gold was still fundamentally supported by positive factors."

Despite the sharp decline, gold prices are still on track to rise for a fifth consecutive week as its status as a safe-haven asset helped push prices to three new records this week. US gold futures edged up 0.1% to $3,123.

Gold prices fell more than 2% in the previous session as the broader market plunged on concerns about Trump’s import tariffs. The sharp decline came just hours after gold hit a record $3,167.57.

According to Tastylive expert Ilya Spivak, gold prices tend to rise sharply when the market is facing unpredictable uncertainty (like war), but fall when the risk is clearly priced in. He commented: "The Trump administration has chosen a specific path, and while the market doesn't like it, at least people see the direction. That makes gold lose the value added by the previous uncertainty."

Mr. Trump announced that he would impose a 10% tax on all imports into the US, while also raising tariffs on several major trading partners. The partners threatened to retaliate, raising the risk of a trade war and concerns about rising prices in the world's largest consumer market.

Analysts say Federal Reserve officials are studying the details of Mr Trump’s trade plan. The sudden imposition of tariffs could significantly alter the US economic outlook. Markets are now waiting for the US non-farm payrolls report to predict the path of the Fed’s interest rate adjustment.

Besides gold prices, silver prices fell 1.5% to $31.4/ounce, platinum fell 0.8% to $944.80, and palladium remained unchanged at $928.33.

Gold Price Forecast

Gold markets continue to be volatile as investors react to US President Donald Trump’s decision to impose global import tariffs. While gold prices may still correct lower, one Canadian bank says the downside risk is not too great.

Before Mr. Trump announced his tax policy, analysts at RBC Capital Markets raised their gold price forecast, expecting an average of $3,039 an ounce this year and $3,195 an ounce next year.

While RBC believes that gold has room to rise, it also warns that the recent rally may be overdone. In the current environment, they predict that gold prices may correct and test the support zone around $2,821/ounce.

Experts at TD Securities say gold prices are likely to remain volatile in the coming period. Although gold is overbought, there are actually very few large investors holding this precious metal.

TD Securities believes that even if there is a correction, gold prices will not fall too much. The reason is that many investors have made good profits after a rally that has lasted for more than a year, so there is little chance of a sell-off due to short-term fluctuations.

IG expert Yeap Jun Rong said that the fear of tariff risks has caused investors to turn to gold as a safe haven. According to him, in the short term, gold prices could continue to rise and reach the $ 3,200 / ounce mark.

Technically, the bulls are aiming to push the price above the strong resistance at $3,200. Meanwhile, the bears are aiming to push the price below the important support zone at $3,031.

Some more optimistic forecasts suggest that if the uptrend continues, gold prices could hit $3,500 an ounce by the end of the year. However, experts also warn that the rapid price increase poses the risk of a sharp correction if current support factors change.

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Source: https://baonghean.vn/gia-vang-chieu-4-4-2025-gia-vang-trong-nuoc-va-the-gioi-giam-manh-do-chot-loi-10294466.html