At the end of the session on April 12, the price of gold bars at SJC closed at 103-106.5 million VND/tael (buy - sell), an increase of 800 thousand VND/tael in the buying direction and an increase of 1.3 million VND/tael in the selling direction compared to the end of yesterday's session.

At the end of the session, the price of SJC gold rings of 1-5 chi was listed at 101.4-104.9 million VND/tael (buy - sell), an increase of 300 thousand VND/tael in the buying direction and an increase of 500 thousand VND/tael in the selling direction compared to yesterday's closing price.

The price of 9999 gold rings at Doji closed the session at 101.2-104.8 million VND/tael, an increase of 500 thousand VND/tael in both buying and selling prices compared to yesterday's closing price.

This afternoon, world gold prices stopped trading, domestic gold prices also fluctuated little.

Domestic gold ring prices this morning were adjusted up by brands.

Early this morning, SJC Company listed the price of gold rings of type 1-5 at only 101.4-104.9 million VND/tael (buy - sell), an increase of 300 thousand VND/tael for buying and 500 thousand VND/tael more expensive for selling compared to yesterday's closing price.

Doji Gold and Gemstone Group raised the price of 9999 gold rings to 101-104.6 million VND/tael (buy - sell) early this morning, an increase of 300 thousand VND/tael in both buying and selling compared to yesterday's closing price.

At 11:29 a.m., Doji Gold and Gemstone Group raised the price of 9999 gold rings to 101.2-104.8 million VND/tael (buy - sell), an increase of 200,000 VND/tael in both buying and selling compared to early this morning.

Buy (VND/tael) Increase/decrease Sell ​​(VND/tael) Increase/decrease
SJC 101,400,000 + 300,000 104,900,000 + 500,000
Doji 101,200,000 + 500,000 104,600,000 + 500,000

                                SJC and Doji gold ring price list updated on the morning of April 12

Opening the trading session on April 12 , the price of SJC 9999 gold increased by 500 thousand VND/tael for buying and 1 million VND/tael more expensive for selling compared to the closing price of yesterday's trading session, up to 102.8-106.2 million VND/tael (buying - selling).

At 10:39 a.m. , the price of SJC 9999 gold increased by 300,000 VND/tael in both buying and selling compared to early morning, to 103-106.5 million VND/tael (buying - selling).

The price of 9999 gold was listed by Saigon Jewelry Company Limited (SJC) at 10:39 a.m. and the price of 9999 gold was listed by Doji Jewelry Group at 11:29 a.m. as follows:

Buy (VND/tael) Increase/decrease Sell ​​(VND/tael) Increase/decrease
SJC HCMC 103,000,000 + 800,000 106,500,000 + 1,300,000
Doji Hanoi 103,000,000 + 800,000 106,500,000 + 1,300,000
Doji HCMC 103,000,000 + 800,000 106,500,000 + 1,300,000

                    SJC and Doji gold bar price list updated on the morning of April 12

The central exchange rate on April 12 announced by the State Bank was 24,923 VND/USD, unchanged from the previous trading session. The USD price at commercial banks this morning (April 12) was commonly listed at 25,530 VND/USD (buy) and 25,920 VND/USD (sell).

At 8:55 a.m. today (April 12, Vietnam time) , the world spot gold price was at 3,236 USD/ounce, up 5 USD/ounce compared to last night. The gold futures price for June 2025 on the Comex New York floor was at 3,244.6 USD/ounce.

On the morning of April 12 , the world gold price converted to USD bank price was over 102.1 million VND/tael, including tax and fees, about 4.1 million VND/tael lower than the domestic gold price.

At the end of the session on April 11, the price of gold bars at SJC closed at 102.2-105.2 million VND/tael (buy - sell), an increase of 1.6 million VND/tael in both buying and selling directions compared to the previous session's close.

The price of SJC 1-5 chi gold rings is listed at 101.1-104.4 million VND/tael (buy - sell), an increase of 1.3 million VND/tael for buying and 1.6 million VND/tael more expensive for selling compared to the previous day's closing price.

The price of 9999 gold rings at Doji closed the session at 100.7-104.3 million VND/tael, an increase of 500,000 VND/tael for buying and 1.1 million VND/tael for selling compared to the previous day's closing price.

The world gold market continues to maintain a record high of over 3,200 USD/ounce.

Today's gold price on Kitco at 8:00 p.m. (April 11, Vietnam time) was trading at $3,231/ounce. Gold futures for June 2025 delivery on the Comex New York floor were trading at $3,254/ounce.

The US producer price index (PPI) fell 0.4% in March, according to the US Department of Labor. The latest inflation data was significantly lower than expected, while economists expected a 0.2% increase.

Core PPI, which strips out volatile food and energy costs, fell 0.1% last month, compared with economists' forecasts for a 0.3% gain. Annual core PPI was 3.3%, also well below expectations of 3.6%.

The report found that lower energy prices were the biggest contributor to the decline in producer prices.

The US dollar weakened. The US Dollar Index (DXY), which measures the greenback's performance against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), stood at 99.49 points.

gold (65).jpg
Domestic gold prices increase sharply. Photo: Chi Hieu

Nymex crude oil futures were mostly steady, trading around $60 a barrel. The yield on the benchmark 10-year U.S. Treasury note is currently at 4.403%.

The stock market crash and President Donald Trump’s escalating trade war in recent weeks have caused a lot of uncertainty, according to the Wall Street Journal. The sharp decline in the US dollar and the accompanying rise in bond yields are really worrying. This may be the reason why Mr. Trump changed course and temporarily suspended some tariffs.

Typically, when investors are fearful, they seek safety, and there is nothing safer than the US dollar and Treasury bonds. If the Treasury bond market goes haywire, the contagion could ripple through the entire global financial system.

Tensions escalated further when China announced a 125% import tariff on US goods entering the country from April 12. This was a move in retaliation for President Trump increasing reciprocal tariffs on China from 84% to 125%.

Gold Price Forecast

Sharing with VietNamNet reporter , financial expert Phan Dung Khanh said that the increase in gold price is driven by the downward trend of the USD, along with central banks returning to buying gold, although not as strongly as in the previous period.

“There was a time when the gold price broke through the $3,000/ounce mark, but just a few days later it jumped back up, surpassing $3,200/ounce. Therefore, the probability that the world gold price could increase to $3,500-3,600/ounce in the first 6 months of the year is quite high,” Mr. Khanh analyzed.

Gold has become attractive as a safe-haven asset and is on track to reach new record highs, according to Nikos Tzabouras, senior market analyst at Tradu.

However, the prospect of the US reaching a deal with its trading partners is a significant risk to gold’s upside potential. Expectations of a rate cut by the US Federal Reserve (Fed) could also strengthen the US dollar, putting pressure on gold prices.

Nicky Shiels, head of metals research and strategy at MKS PAMP, raised his gold price forecast for this year. Gold is now forecast to average around $2,950 an ounce this year, up from his initial forecast of $2,750 an ounce.

She said investors expect gold prices to be more volatile in the current environment. Greater uncertainty in the global economy will be bullish for the precious metal. Gold prices will move higher as economic activity slows and inflationary pressures build.

In addition to tariffs, the rise in gold prices is also supported by many other factors such as demand from central banks, expectations of Fed rate cuts, political instability in the Middle East and Europe, and money flowing into gold exchange-traded funds (ETFs).

Source: https://vietnamnet.vn/gia-vang-hom-nay-12-4-2025-vang-sjc-dat-nhat-lich-su-2390282.html