Gold price today (April 14): What will the gold price be...

Domestic gold price today

Gold bar prices are stable. Currently, gold brands are buying at 103 million VND/tael and selling at 106.5 million VND/tael. Phu Quy SJC gold is buying at 500,000 VND lower than other brands.

Similarly, gold rings of various brands also maintained the price of yesterday morning. Specifically, the price of SJC 9999 gold rings was maintained at 101.4 million VND/tael for buying and 104.9 million VND/tael for selling.

Domestic gold prices are stable. Photo: dantri.com.vn

DOJI in Hanoi and Ho Chi Minh City markets listed the price of gold rings at 101.2 million VND/tael for buying and 104.8 million VND/tael for selling.

PNJ brand gold ring price is anchored at 101.2 million VND/tael for buying and 104.9 million VND/tael for selling.

Bao Tin Minh Chau listed the price of plain round gold rings at 101.6 million VND/tael for buying and 105.1 million VND/tael for selling, unchanged from early this morning.

Phu Quy SJC is buying gold rings at 101.7 million VND/tael and selling at 104.9 million VND/tael.

Domestic gold bar prices updated at 5:30 a.m. April 14 as follows:

Yellow	Area	Early morning April 13	Early morning April 14	Difference
Buy	Sell	Buy	Sell	Buy	Sell
Unit of measure: Million VND/tael	Unit of measure: Thousand dong/tael
DOJI	Hanoi	103	106.5	103	106.5	-	-
Ho Chi Minh City	103	106.5	103	106.5	-	-
SJC	Ho Chi Minh City	103	106.5	103	106.5	-	-
Hanoi	103	106.5	103	106.5	-	-
Danang	103	106.5	103	106.5	-	-
PNJ	Ho Chi Minh City	103	106.5	103	106.5	-	-
Hanoi	103	106.5	103	106.5	-	-
Bao Tin Minh Chau	Nationwide	103	106.5	103	106.5	-	-
Phu Quy SJC	Nationwide	102.5	106.5	102.5	106.5	-	-

World gold price today

Last week, gold prices continued to rise sharply as fears of a global trade war increased following the US President’s decision to impose tariffs, causing investors to flock to gold as a safe haven. Looking at the current situation, both experts and retail investors are optimistic about this precious metal in the short term.

The current environment favors gold, says Marc Chandler, CEO of Bannockburn Global Forex. A weaker US dollar and market uncertainty will push gold to new record highs, with the next level to watch at $3,300 an ounce and then $3,500 an ounce.

Adrian Day, chairman of Adrian Day Asset Management, said the latest correction, like the recent ones, was short-lived and shallow. He said gold has momentum and there are still many people who want to participate in the market.

As a long-time gold bull, Forex.com senior market strategist James Stanley says there is no reason for him to change that view now.

The dollar is on a downward trend and the uncertainties supporting gold are likely to persist for some time, according to Colin Cieszynski, market strategist at SIA Wealth Management. This prevents him from changing his bullish view on gold.

World gold price listed above 3,200 USD/ounce. Photo: Kitco

Meanwhile, Rich Checkan, chairman and CEO of Asset Strategies International, said that after the recent strong price increase, the market may see some profit-taking in the short term. However, according to Checkan, that cannot prevent gold from rising further.

This week, markets will focus on policy meetings and central bank decisions. On Wednesday, the Bank of Canada will announce its monetary policy decision. Analysts expect the bank to keep interest rates unchanged at this meeting. The European Central Bank meets on Thursday and is expected to cut interest rates to continue supporting the region's economy. Investors will also await comments from Federal Reserve Chairman Jerome Powell at the Economic Club of Chicago for more information on the US central bank's policy direction.

With the domestic gold bar price stable and the world gold price listed at Kitco at 3,238 USD/ounce (equivalent to about 101.2 million VND/tael converted according to Vietcombank exchange rate, excluding taxes and fees), the difference between domestic and world gold prices is about 5.3 million VND/tael.

TRAN HO HOAI

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