At the end of the session on April 16 , the price of gold bars at SJC closed at 113-115.5 million VND/tael (buy - sell), an increase of 7.5 million VND/tael in both buying and selling compared to the closing price of yesterday's trading session.

At the end of the session, the price of SJC gold rings of 1-5 chi was listed at 110.5-113.5 million VND/tael (buy - sell), an increase of 6.5 million VND/tael in both buying and selling compared to yesterday's closing price.

The price of 9999 gold rings at Doji closed the session at 110.5-113.5 million VND/tael, an increase of 6.3 million VND per tael for buying and an increase of 6 million VND per tael for selling compared to yesterday's closing price.

This afternoon, world gold prices continued to rise, officially reaching the milestone of 3,300 USD/ounce.

At 3:07 p.m. today (April 16, Vietnam time), the world spot gold price reached 3,303.7 USD/ounce.

At 1:51 p.m. today (April 16, Vietnam time), the world spot gold price was at 3,285.2 USD/ounce, up 6.6 USD/ounce compared to noon today.

Domestic gold prices this afternoon were also adjusted to increase sharply following world gold prices, reaching a new record level.

At 3:16 p.m., the price of SJC 9999 gold reached a record level of 113-115.5 million VND/tael (buy - sell), increasing by 500 thousand VND/tael in both buying and selling directions.

At 3:03 p.m. , the price of SJC 9999 gold increased to 112.5-115 million VND/tael (buy - sell), an increase of 1.1 million VND/tael in both buying and selling.

At 1:40 p.m. , the price of SJC 9999 gold increased by 2.9 million VND/tael in both buying and selling, to 111.4-113.9 million VND/tael (buying - selling).

Gold ring prices this afternoon were adjusted to increase by brands.

At 3:14 p.m. , SJC Company raised the price of 1-5 chi gold rings to 110.5-113.5 million VND/tael (buy - sell), an increase of 300 thousand VND per tael in both buying and selling.

At 4:59 p.m. , Doji Gold and Gemstone Group raised the buying and selling price of 9999 gold rings to 110.5-113.5 million VND/tael, an increase of 300,000 VND per tael in both buying and selling compared to early afternoon.

Early this afternoon, SJC Company listed the price of gold rings of type 1-5 at only 110.2-113.2 million VND/tael (buy - sell), an increase of 2.2 million VND per tael for buying and 2.7 million VND per tael more expensive for selling compared to this morning.

This afternoon, Doji Gold and Gemstone Group also raised the buying and selling price of 9999 gold rings to 110.2-113.2 million VND/tael, an increase of 2.2 million VND per tael for buying and 2.7 million VND per tael for selling compared to this morning.

At 11:08 a.m. today (April 16, Vietnam time), the world spot gold price was at 3,278.6 USD/ounce, up 13.5 USD/ounce compared to early this morning.

At 9:58 a.m., the price of SJC 9999 gold increased by 1.7 million VND/tael for buying and 1.2 million VND/tael for selling, reaching a record level of 108.5-111 million VND/tael (buying - selling).

Domestic gold ring prices this morning were also adjusted to increase.

At 9:58 a.m., SJC Company raised the price of 1-5 chi gold rings to 108-110.5 million VND/tael (buy - sell), an increase of 2.2 million VND/tael for buying and an increase of 1.7 million VND/tael for selling compared to the early morning price.

Early this morning, SJC Company listed the price of gold rings of type 1-5 at only 105.8-108.8 million VND/tael (buy - sell), an increase of 2.8 million VND/tael in both buying and selling compared to yesterday's closing price.

Doji Gold and Gemstone Group raised the price of 9999 gold rings to 104.8-107.8 million VND/tael (buy - sell) early this morning, an increase of 1.6 million VND per tael for buying and an increase of 1.3 million VND per tael for selling compared to yesterday's closing price.

At 9:52 a.m., Doji Gold and Gemstone Group also raised the price of 9999 gold rings to 108-110.5 million VND/tael (buy - sell), an increase of 3.2 million VND per tael for buying and 2.7 million VND per tael for selling compared to early this morning.

Buy (VND/tael) Increase/decrease Sell ​​(VND/tael) Increase/decrease
SJC 110,500,000 + 6,500,000 113,500,000 + 6,500,000
Doji 110,500,000 + 6,300,000 113,500,000 + 6,000,000

                                  SJC and Doji gold ring price list updated afternoon of April 16

Opening the trading session on April 16, the price of SJC 9999 gold increased by 1.3 million VND/tael for buying and 1.8 million VND/tael more expensive for selling compared to the closing price of yesterday's trading session, up to 106.8-109.8 million VND/tael (buying - selling).

The price of 9999 gold was listed by Saigon Jewelry Company Limited (SJC) at 3:16 p.m. and the price of 9999 gold was listed by Doji Jewelry Group at 4:59 p.m. as follows:

Buy (VND/tael) Increase/decrease Sell ​​(VND/tael) Increase/decrease
SJC HCMC 113,000,000 + 7,500,000 115,500,000 + 7,500,000
Doji Hanoi 113,000,000 + 7,500,000 115,500,000 + 7,500,000
Doji HCMC 113,000,000 + 7,500,000 115,500,000 + 7,500,000

                        SJC and Doji gold bar price list updated on the afternoon of April 16

The central exchange rate on April 16 announced by the State Bank was 24,899 VND/USD, an increase of 8 VND compared to the previous trading session. The USD price at commercial banks this morning (April 16) was commonly listed at 25,610 VND/USD (buy) and 26,000 VND/USD (sell).

At 8:49 a.m. today (April 16, Vietnam time), the world spot gold price was at 3,265.1 USD/ounce, up 44.1 USD/ounce compared to last night's close. The price of gold futures for June 2025 on the Comex New York floor was at 3,283.2 USD/ounce.

On the morning of April 16 , the world gold price converted to USD bank price was over 103.3 million VND/tael, including tax and fees, about 6.5 million VND/tael lower than the domestic gold price.

As of 7:45 p.m. on April 15 (Vietnam time), the spot gold price today on the international market was at $3,221/ounce. Gold for June 2025 delivery on the Comex New York floor was at $3,235/ounce.

The world gold price on the night of April 15 was about 56.1% higher (1,158 USD/ounce) than at the beginning of 2024. The world gold price converted to the bank USD price was VND 101.9 million/tael, including taxes and fees, about VND 6.1 million/tael lower than the domestic gold price as of the end of the afternoon session on April 9.

Gold prices rose sharply in both international and domestic markets amid escalating geopolitical and trade tensions. The US dollar depreciated against a basket of other major currencies.

In the past two weeks, the spot gold price on the international market has fluctuated strongly, soaring to 3,162 USD/ounce on April 3 and then falling to 2,960 USD/ounce on April 7. Gold skyrocketed to a record high of 3,245 USD/ounce recorded on April 11, before falling and hovering around 3,220 USD/ounce as it is now.

Wine HHOK2.jpg
Domestic gold prices continuously set new peaks. Photo: HH

World gold prices increased sharply after the US announced that the production situation is still weak and the world's number 1 economy faces many risks from the US trade war. Many people are worried that the US economy will fall into recession, and it is very likely that the US Federal Reserve (Fed) will have to accelerate monetary easing.

This is one of the reasons why the USD has fallen, thereby pushing up the price of gold. The DXY index has once again fallen below the 100 point threshold.

Domestically, gold prices skyrocketed. By the end of the trading session on April 15, the price of 9999 gold bars at SJC and Doji was listed at VND105.5-108 million/tael (buy - sell), an increase of VND500,000 for both buying and selling compared to the previous session.

The price of gold rings also turned to increase. On the evening of April 15, SJC announced the price of gold rings of type 1-5 at only 103-106 million VND/tael (buy - sell), an increase of 1 million VND in both buying and selling directions. Doji listed the price of plain round gold rings at 103.2-106.5 million VND/tael (buy - sell), an increase of 1.2 million VND in buying direction and 1.5 million VND in selling direction compared to the previous session.

Gold Price Forecast

Gold is expected to fluctuate strongly in the coming days, but the upward trend is clearer.

In the week of April 14-20, the world gold price is forecast to continue to maintain its upward trend, with the possibility of setting new peaks. According to a survey by Kitco News, 94% of Wall Street experts and 69% of individual investors predict that the gold price will increase in the short term.

There are several factors supporting the gold rally. Accordingly, the Fed is likely to cut interest rates in June 2025 and a total of about 90 basis points in 2025. US economic data shows that the producer price index (PPI) decreased by 0.4% in March.

Tensions in the Middle East and elsewhere continue to rise, boosting safe-haven demand for gold. The conflict in Ukraine remains unpredictable as US President Donald Trump and his top advisers disagree over whether Moscow is serious about reaching a peaceful resolution. Russia and Ukraine have recently accused each other of violating the ceasefire.

In addition, buying power from central banks and ETFs remains strong, continuing to support gold prices.

However, gold prices are at a very high level, having increased by one and a half times in the past year, so profit-taking pressure is constant, causing gold to witness corrections.

Technically, gold faces strong resistance at $3,300/ounce. Strong technical support is at $3,100/ounce. The nearest support is at $3,208/ounce (weekly low).

Which type of gold should you buy to make a high profit when investing? Buying gold for investment is a habit of many Vietnamese people. So which type of gold should you invest in to make a high profit? Let's find the answer in the article below.

Source: https://vietnamnet.vn/gia-vang-hom-nay-16-4-2025-tang-dung-dung-them-ca-trieu-dong-2391610.html