Gold prices expected to fall sharply

Domestic gold price today 4/4/2025

At the time of the survey at 04:30 on April 4, 2025, the domestic gold price left the all-time peak, but was still at the highest level in history. Specifically:

The price of SJC gold bars was listed by Saigon Jewelry Company at 99.5-102.2 million VND/tael (buy - sell), an increase of 400 thousand VND/tael in both buying and selling compared to yesterday. The difference between buying and selling prices is at 2.7 million VND/tael.

DOJI Group listed the price of SJC at 99.5-102.2 million VND/tael (buy - sell), an increase of 400 thousand VND/tael in both buying and selling compared to yesterday. The difference between buying and selling prices is 2.7 million VND/tael.

Meanwhile, Bao Tin Minh Chau listed the price of SJC gold bars at 99-102.2 million VND/tael (buying - selling, down 100 thousand VND/tael in buying - up 400 thousand VND/tael in selling compared to yesterday. The difference between buying and selling prices is at 3.2 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 98.7-102.2 million VND/tael (buy - sell); unchanged in the buying direction - increased 800 thousand VND/tael in the selling direction compared to yesterday. The difference between buying and selling is listed at 3.5 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 99.1-102.3 million VND/tael (buy - sell); increased 300 thousand VND/tael for buying - increased 500 thousand VND/tael for selling. The difference between buying and selling is 3.2 million VND/tael.

The latest gold price list today, April 4, 2025 is as follows:

	Today (April 4, 2025)		Yesterday (April 3, 2025)
	Purchase price	Selling price	Purchase price	Selling price
SJC	99,500 ▲400	100,200 ▲400	99,100	101,800
DOJI HN	99,500 ▲400	100,200 ▲400	99,100	101,800
DOJI SG	99,500 ▲400	100,200 ▲400	99,100	101,800
BTMC SJC	99,000 ▼100K	100,200 ▲400	99,100	101,800
Phu Quy SJC	99,000 ▲300	100,200 ▲500	98,700	101,700
PNJ HCMC	99,500 ▲400	100,200 ▲400	99,100	101,800
PNJ Hanoi	99,500 ▲400	100,200 ▲400	99,100	101,800

1. DOJI - Updated: April 4, 2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
Domestic gold price	Buy	Sell
AVPL/SJC HN	99,500 ▲400K	102,200 ▲400K
AVPL/SJC HCM	99,500 ▲400K	102,200 ▲400K
AVPL/SJC DN	99,500 ▲400K	102,200 ▲400K
Raw material 9999 - HN	98,500	10,130 ▲80K
Raw material 999 - HN	98,400	10,120 ▲80K

2. PNJ - Updated: April 4, 2025 04:30 - Time of website supply source - ▼/▲ Compared to yesterday.
Type	Buy	Sell
HCMC - PNJ	99,500 ▲400K	102,200 ▲400K
HCMC - SJC	99,500 ▲400K	102,200 ▲400K
Hanoi - PNJ	99,500 ▲400K	102,200 ▲400K
Hanoi - SJC	99,500 ▲400K	102,200 ▲400K
Da Nang - PNJ	99,500 ▲400K	102,200 ▲400K
Da Nang - SJC	99,500 ▲400K	102,200 ▲400K
Western Region - PNJ	99,500 ▲400K	102,200 ▲400K
Western Region - SJC	99,500 ▲400K	102,200 ▲400K
Jewelry gold price - PNJ	99,500 ▲400K	102,200 ▲400K
Jewelry gold price - SJC	99,500 ▲400K	102,200 ▲400K
Jewelry gold price - Southeast	PNJ	99,500 ▲400K
Jewelry gold price - SJC	99,500 ▲400K	102,200 ▲400K
Jewelry gold price - Jewelry gold price	PNJ 999.9 Plain Ring	99,500 ▲400K
Jewelry gold price - Jewelry gold 999.9	99,500 ▲400K	102,000 ▲400K
Jewelry gold price - Jewelry gold 999	99,400 ▲400K	101,900 ▲400K
Jewelry gold price - Jewelry gold 99	98,580 ▲400K	101,080 ▲400K
Jewelry gold price - 916 gold (22K)	91,030 ▲360K	93,530 ▲360K
Jewelry gold price - 750 gold (18K)	74,150 ▲300K	76,650 ▲300K
Jewelry gold price - 680 gold (16.3K)	67,010 ▲270K	69,510 ▲270K
Jewelry gold price - 650 gold (15.6K)	63,950 ▲260K	66,450 ▲260K
Jewelry gold price - 610 gold (14.6K)	59,870 ▲240K	62,370 ▲240K
Jewelry gold price - 585 gold (14K)	57,320 ▲230K	59,820 ▲230K
Jewelry gold price - 416 gold (10K)	40,080 ▲160K	42,580 ▲160K
Jewelry gold price - 375 gold (9K)	35,900 ▲150K	38,400 ▲150K
Jewelry gold price - 333 gold (8K)	31,310 ▲130K	33,810 ▲130K

3. SJC - Updated: 4/4/2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG	99,500 ▲400	102,200 ▲400
SJC gold 5 chi	99,500 ▲400	102,220 ▲400
SJC gold 0.5 chi, 1 chi, 2 chi	99,500 ▲400	102,230 ▲400
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi	99,400 ▲500	102,000 ▲500
SJC 99.99% gold ring 0.5 chi, 0.3 chi	99,400 ▲500	102,100 ▲500
Jewelry 99.99%	99,400 ▲500	101,700 ▲500
Jewelry 99%	97,693 ▲495	100,693 ▲495
Jewelry 68%	66,313 ▲341	69,313 ▲341
Jewelry 41.7%	39,563 ▲209	42,563 ▲209

World gold price today April 4, 2025 and world gold price fluctuation chart in the past 24 hours

In the international market, the spot gold price was recorded at 3,128.62 USD/ounce, up 3.87 USD/ounce compared to the previous session. Converted at the current exchange rate, the world gold price is equivalent to about 98.99 million VND/tael (excluding taxes and fees), nearly 2.3 million VND/tael lower than domestic gold bars.

World gold prices fell slightly after hitting a record high of $3,160 an ounce, due to profit-taking by investors. Previously, gold rose sharply due to the sentiment of finding a safe haven after US President Donald Trump imposed heavy import tariffs, further escalating the global trade war. US gold futures also fell 1.7% to $3,111.40.

Mr. Trump announced a basic tariff of 10% on all imports into the US, while raising reciprocal tariffs on more than 60 countries, including major partners such as China, the EU, Japan and India. However, gold, energy and some minerals not available in the US are exempted from the tariff.

Chris Zaccarelli, chief investment officer at Northlight Asset Management, told Kitco that the market is currently on a roller coaster ride, with volatility rising as the tariff news changes so quickly. The uncertainty makes it difficult for investors to make a clear assessment. However, Zaccarelli said that this could be just the beginning of international negotiations, with the hope that import tariffs will be adjusted down in the future.

Gold is in a strong uptrend, making investors who have not yet bought in feel impatient, according to City Index expert Matt Simpson. He believes that this trend could continue if there is no major change to change the market situation.

Gold is considered an effective hedge against political and financial fluctuations and has increased by more than 19% since the beginning of the year. The main drivers are the trade war, the possibility of the Fed cutting interest rates, geopolitical tensions and buying demand from central banks.

In addition, the ADP private employment report showed a sharp increase in the number of US workers in March. However, some experts note that the ADP report does not fully reflect the labor market, especially when layoffs are showing signs of increasing, which could affect the non-farm payroll data to be released later in the week.

According to a report from SP Angel, the market is also closely watching the possibility of China devaluing the yuan to respond to the trade war with the US - something that happened in 2005 and 2015. In addition, China may cut interest rates this year to support the economy facing many challenges.

Silver fell 4.7% to $32.44 an ounce – its lowest since March 11. Platinum fell 2.6% to $957.60, while palladium lost 1.6% to $954.78.

Gold Price Forecast

According to Mr. Tai Wong - an independent metals trader shared on CNBC - the retaliatory tariffs this time are much stronger than expected, creating a wave of asset sell-off and pulling the USD down deeply. He assessed the outlook for gold is very positive, with the short-term target raised to $ 3,200 / ounce.

Ryan McIntyre, senior portfolio manager at Sprott Asset Management, also said that gold prices are in a clear uptrend, partly due to increased holdings of physical gold by ETFs and strong buying from central banks.

Many experts warn that President Trump's tariff policies could cause US inflation to skyrocket and even push the economy into recession. In such circumstances, gold continues to be chosen as a safe haven.

Goldman Sachs recently raised the probability of the US falling into recession from 20% to 35%, and predicted that the US Federal Reserve (Fed) will continue to cut interest rates in the coming time to support the economy.

Technically, June gold futures still hold the near-term upside advantage. The next target for bulls is to push prices above the strong resistance at $3,201.60 per ounce. Meanwhile, bears are aiming to push prices below the support level at $3,031.00.

The immediate resistance levels are $3,150 and $3,177. Important support levels are $3,109.50 and $3,100. The Wyckoff market rating is currently 8.5/10, indicating that the uptrend is still dominant.

News of the new US tax policy has overshadowed the March jobs report, due out on Friday. US nonfarm payrolls are forecast to increase by 140,000 jobs, down from February's gain of 151,000.

In addition, today the market is waiting for a series of US economic data such as weekly jobless claims, Challenger job cuts report, trade balance, services PMI index and ISM report on service business activity.

Source: https://baoquangnam.vn/gia-vang-hom-nay-4-4-2025-gia-vang-trong-nuoc-va-the-gioi-du-bao-giam-manh-do-chot-loi-3152052.html