Gold price today (April 21): Experts are still optimistic about gold - Lang Son Newspaper and Radio and Television

Gold price today (April 21): Although gold is at an unprecedented level, both experts and retail investors remain optimistic about this precious metal.

Domestic gold price today

Gold price Domestic gold prices are stable. Currently, gold brands are buying at 112 million VND/tael and selling at 114 million VND/tael. Phu Quy SJC gold is buying at 500 VND lower than other brands.

Similarly, the price of gold rings of various brands remained stable. Specifically, SJC 9999 gold rings maintained the price of yesterday morning at 109.5 million VND/tael for buying and 113.5 million VND/tael for selling.

Domestic gold prices are stable. Photo: thanhnien.vn

DOJI in Hanoi and Ho Chi Minh City markets maintained the buying and selling prices at 109.5 million VND/tael for buying and 113.5 million VND/tael for selling.

PNJ brand gold ring price is anchored at 109.5 million VND/tael for buying and 113.5 million VND/tael for selling.

Bao Tin Minh Chau listed the price of plain round gold rings at 111.1 million VND/tael for buying and 114 million VND/tael for selling.

Phu Quy SJC is buying gold rings at 110.5 million VND/tael and selling at 113.5 million VND/tael.

Domestic gold bar prices updated at 5:30 a.m. April 21 as follows:

Yellow	Area	Early morning 20-4				Early morning 21-4			Difference
		Buy	Sell			Buy	Sell		Buy	Sell
		Unit of measure: Million VND/tael							Unit of measure: Thousand dong/tael
DOJI	Hanoi	112		114		112		114	-	-
	Ho Chi Minh City	112		114		112		114	-	-
SJC	Ho Chi Minh City	112		114		112		114	-	-
	Hanoi	112		114		112		114	-	-
	Danang	112		114		112		114	-	-
PNJ	Ho Chi Minh City	112		114		112		114	-	-
	Hanoi	112		114	112			114	-	-
Bao Tin Minh Chau	Nationwide	112		114	112			114	-	-
Phu Quy SJC	Nationwide	110.5		114	110.5			114	+1000	-

World gold price today

Gold started the week slowly and steadily, but escalating trade tensions and a potential pivot signal from the Federal Reserve Chairman pushed the yellow metal to new highs once again. Despite gold’s unprecedented highs, both experts and retail investors remain bullish on the precious metal.

James Stanley, senior market strategist at Forex.com, said gold had another strong week and he saw no signs of a trend change. While it is becoming more difficult to follow the market, Stanley said there is no clear evidence that the move is over.

Markets are still in a panic seeking safety and gold continues to benefit from that, said Sean Lusk, co-director of commercial hedging at Walsh Trading.

Lusk sees money pouring into gold from all sides, from speculators, from central banks. He predicts that the price could rise to $3,434 an ounce, looking at the volatility in the stock market.

Regardless of how President Donald Trump’s tariff threat plays out, Fed Chairman Jerome Powell has signaled a policy shift and the market should listen, Lusk said. He added that uncertainty surrounding trade tariffs will continue to dominate global markets, which will continue to push gold prices higher.

“As long as nothing new comes to the market, like a trade deal or an announcement that the US and China are in talks, I think the trajectory is clearly still up,” Lusk said.

Kitco senior analyst Jim Wyckoff sees nothing stopping gold from rising higher this week. The chart and continued strong haven demand are reasons he is bullish on the precious metal.

World gold price anchored above 3,300 USD/ounce. Photo: Kitco

However, not everyone is bullish on gold in the short term. Many believe that after the recent rally, a bout of profit-taking may be triggered. According to Rich Checkan, chairman and CEO of Asset Strategies International, gold could see profit-taking at over $3,300. He believes that it is time to build some support at this new high.

This week, the market will be looking forward to a number of reports such as March new home sales data, weekly jobless claims, existing home sales and the University of Michigan consumer sentiment survey.

With the domestic gold bar price stable and the world gold price listed at Kitco at 3,329 USD/ounce (equivalent to about 104.8 million VND/tael converted according to Vietcombank exchange rate, excluding taxes and fees), the difference between domestic and world gold prices is about 9.2 million VND/tael.

Source: https://baolangson.vn/gia-vang-hom-nay-21-4-gioi-chuyen-gia-chua-het-lac-quan-ve-vang-5044637.html