Gold price this afternoon (April 24): Turning around and increasing strongly

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

SJC gold in Hanoi and Da Nang: 118.5 million VND/tael for buying (up 2 million VND/tael), 121 million VND/tael for selling (up 1.5 million VND/tael).

SJC Phu Quy Gold: 118 million VND/tael for buying (up 1.5 million VND/tael), 121 million VND/tael for selling (up 1.5 million VND/tael).

DOJI Gold in Hanoi and DOJI in Ho Chi Minh City: 118.5 million VND/tael for buying (up 2 million VND/tael), 121 million VND/tael for selling (up 1.5 million VND/tael).

Illustration photo / Vietnam+

PNJ Gold in Hanoi and Ho Chi Minh City: 113.5 million VND/tael for buying (up 800,000 VND/tael), 116.8 million VND/tael for selling (up 900,000 VND/tael).

The price of SJC gold bars at Bao Tin Minh Chau Company Limited is traded by the enterprise at 118.5 million VND/tael for buying; 121 million VND/tael for selling.

Economic and financial experts have repeatedly warned about the potential risks of investing in gold. They emphasize that the gold market is currently experiencing strong fluctuations, with gold prices constantly rising and falling unpredictably, making it extremely difficult to predict trends.

In addition, the gap between buying and selling prices on the market is at a significant level, increasing transaction costs and reducing potential profits for investors. Experts recommend that people should be cautious, carefully consider macroeconomic factors, as well as assess their personal financial capacity before deciding to invest in gold at this sensitive time, to avoid unnecessary losses caused by market fluctuations.

Meanwhile, international experts believe that if the US-China trade tensions continue to cool down, gold prices may face further downward pressure in the coming time. According to expert Giovanni Staunovo from UBS, President Trump's statements, including a more moderate attitude towards the Fed Chairman and comments related to China, have somewhat eased market concerns, creating downward pressure on gold prices. However, he still maintains a positive view on the prospects of bullion.

THANH NGAN

* Please visit the Economics section to see related news and articles.

Source: https://baodaknong.vn/gia-vang-chieu-nay-24-4-quay-dau-tang-manh-250466.html