Gold price today April 19: 'Evaporated' 3.5 million VND overnight

On the morning of April 19, the world gold price remained stable at 3,327 USD/ounce when many markets were closed for Easter. Domestically, Saigon Jewelry Company - SJC bought gold bars at 113.5 million VND/tael, sold at 117.5 million VND, down 3.5 million VND in buying price and down 2.5 million VND in selling price after one day. The sharp decrease in buying price caused the difference with selling price to increase to 4 million VND/tael instead of only 3 million VND like yesterday.

Gold price evaporated 3.5 million VND/tael on the morning of April 19

The 4-number 9 gold ring was also bought by SJC Company at 111.5 million VND, sold at 115.5 million VND, down 2.5 million VND in buying price and down 1.5 million VND in selling price. The difference in buying and selling price of gold rings at SJC also increased to 4 million VND/tael in gold bars. Many other companies have not changed the trading price of gold rings, such as Phu Nhuan Jewelry Company (PNJ) at 8:40 am still listed buying at 114 million VND, selling at 117 million VND; Doji Group bought at 115 million VND, selling at 118.5 million VND; Bao Tin Minh Chau Company bought at 116.5 million VND, selling at 119.5 million VND...

Yesterday, April 18, although the world gold price decreased, the domestic price skyrocketed, bringing the gap between domestic and international prices to nearly 16 million VND/tael. Immediately after that, the Government Office issued Document No. 3332 conveying the direction of Deputy Prime Minister Ho Duc Phoc on the development of domestic gold prices. In particular, directing the State Bank to preside over and coordinate with agencies to closely monitor the situation and developments of the financial, monetary, foreign exchange, and domestic and international gold markets to promptly implement solutions according to regulations to stabilize the gold market; further strengthen inspection, examination and strictly handle violations according to regulations, not allowing profiteering, manipulation, price fixing, speculation...

World gold prices have seen a short-term decline ahead of the Easter holidays, but many forecasts show that the precious metal will continue to rise. According to Reuters, China's recent decision to allow 10 insurance companies to use up to 1% of their total assets to buy gold could push annual gold demand to 225 tons, equivalent to about a quarter of the total global central bank purchases. Central banks in emerging markets, including China, are increasing their purchases. In just the first 11 days of April, Chinese investors bought an additional 29.1 tons of gold, higher than the 23.5 tons in the entire first quarter of 2025.../.

According to Thanh Nien Newspaper

Source: https://thanhnien.vn/gia-vang-hom-nay-1942025-boc-hoi-35-trieu-dong-sau-mot-dem-185250419075646553.htm

Source: https://baolongan.vn/gia-vang-hom-nay-19-4-boc-hoi-3-5-trieu-dong-sau-mot-dem-a193765.html