Gold price this afternoon (April 23): Deep decrease

Specifically, the gold prices of some brands are listed as follows:

SJC gold in Hanoi and Da Nang: 118 million VND/tael for buying (down 4 million VND/tael), 120.5 million VND/tael for selling (down 3.5 million VND/tael).

SJC Phu Quy Gold: 117 million VND/tael for buying (down 3 million VND/tael), 120 million VND/tael for selling (down 3 million VND/tael).

DOJI Gold in Hanoi and DOJI in Ho Chi Minh City: 118 million VND/tael for buying (down 4 million VND/tael), 120.5 million VND/tael for selling (down 3.5 million VND/tael).

Illustration photo: VNA

PNJ Gold in Ho Chi Minh City: 113.2 million VND/tael for buying (down 3.8 million VND/tael), 116.3 million VND/tael for selling (down 3.7 million VND/tael).

The price of SJC gold bars and plain round gold rings at Bao Tin Minh Chau Company Limited is traded by the enterprise at 115.5 million VND/tael for buying; 115.85 million VND/tael for selling.

In today's trading session, world gold prices witnessed a sharp decline, falling from a record peak of 3,499 USD/ounce in yesterday's session to around 3,300 USD/ounce, down about 5.7%.

After a series of "hot" increases, the world gold price today (April 23) dropped sharply by nearly 200 USD/ounce, down to around 3,300 USD/ounce. The main reason is that investors' optimism shifted from gold to stocks, along with the recovery of the USD after US Treasury Secretary Scott Bessent hinted that US-China trade tensions could cool down.

Despite the sharp decline, experts remain optimistic about the outlook for gold prices. JPMorgan Bank predicts that gold prices could surpass $4,000 an ounce due to rising recession risks, escalating US tariffs and prolonged US-China trade tensions. Expert Alexander Zumpfe from Heraeus Metals Germany believes that political instability and concerns about monetary policy will continue to support gold prices. Current technical support levels are $3,450 an ounce and $3,400 an ounce, with the next upside target being $3,600 an ounce.

MONEY

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Source: https://baodaknong.vn/gia-vang-chieu-nay-23-4-giam-sau-250356.html