Gold price today (April 22): “Shocking” increase

Domestic gold price today

The price of domestic gold bars increased sharply again on April 21. Currently, gold brands are buying at 116 million VND/tael and selling at 118 million VND/tael. Phu Quy SJC gold is buying 500 VND lower than other brands.

Similarly, the price of gold rings of various brands was adjusted to increase sharply. Specifically, the price of SJC 9999 gold rings was adjusted to increase by 3.5 million VND for the purchase price and 2.5 million VND for the sale price, to 113 million VND/tael and 113.5 million VND/tael, respectively.

Domestic gold prices increase again. Photo: thanhnien.vn

DOJI in Hanoi and Ho Chi Minh City markets adjusted the buying price up by 4 million VND and the selling price up by 3.5 million VND to 113.5 million VND/tael for buying and 117 million VND/tael for selling, respectively.

PNJ brand gold ring price is listed at 113.5 million VND/tael for buying and 116.9 million VND/tael for selling, an increase of 4 million VND for buying and 3.4 million VND for selling.

Bao Tin Minh Chau listed the price of plain round gold rings at 114.5 million VND/tael for buying and 118 million VND/tael for selling, an increase of 3.4 million VND for buying and 4 million VND for selling.

Phu Quy SJC is buying gold rings at 113.8 million VND/tael and selling at 116.8 million VND/tael, an increase of 3.3 million VND in both directions.

Domestic gold bar prices updated at 5:30 a.m. on April 22 as follows:

Yellow	Area	Early morning 21-4	Early morning 22-4	Difference
Buy	Sell	Buy	Sell	Buy	Sell
Unit of measure: Million VND/tael	Unit of measure: Thousand dong/tael
DOJI	Hanoi	112	114	116	118	+4000	+4000
Ho Chi Minh City	112	114	116	118	+4000	+4000
SJC	Ho Chi Minh City	112	114	116	118	+4000	+4000
Hanoi	112	114	116	118	+4000	+4000
Danang	112	114	116	118	+4000	+4000
PNJ	Ho Chi Minh City	112	114	116	118	+4000	+4000
Hanoi	112	114	116	118	+4000	+4000
Bao Tin Minh Chau	Nationwide	112	114	116	118	+4000	+4000
Phu Quy SJC	Nationwide	111.5	114	115.5	118	+4000	+4000

World gold price today

World gold prices increased sharply, with spot gold prices increasing by 96.4 USD to 3,425.4 USD/ounce. Gold futures last traded at 3,435.1 USD/ounce, up 106.7 USD compared to early this morning.

Gold prices surged above $3,400 an ounce and hit a fresh record high on Monday, boosted by a weaker dollar and uncertainty over the impact of U.S.-China trade tensions on the economy.

The dollar fell sharply as investor confidence in the US economy continued to be dented by comments from US President Donald Trump about Federal Reserve Chairman Jerome Powell. The weaker greenback continued to boost the appeal of gold for holders of other currencies.

Regarding the trade war, China recently accused the US of abusing tariffs.

World gold price increased to over 3,400 USD/ounce. Photo: Kitco

Gold prices are rising as a safe-haven reaction as the tariff tensions continue to escalate, noted David Meger, director of metals trading at High Ridge Futures. Meger added that while there may be profit-taking pressure, the fundamental trend for gold remains higher.

Considered a hedge against uncertainty and a highly liquid asset, gold has hit multiple record highs and is up more than $700 since the start of 2025. Gold prices broke through $3,300 an ounce last Wednesday and the rally has pushed prices up another $100 in just a few days.

Amid concerns over escalating trade wars and slowing global economic growth, experts still believe that gold has the potential to rise further even though the precious metal is at an all-time high.

Barchart.com senior market analyst Darin Newsom said he still sees no reason to change his bullish stance on gold, stressing that continued uncertainty will continue to push prices higher.

With the domestic gold bar price increasing sharply and the world gold price listed at Kitco at 3,425.4 USD/ounce (equivalent to about 107.6 million VND/tael converted according to Vietcombank exchange rate, excluding taxes and fees), the difference between domestic and world gold prices is about 10.4 million VND/tael.

TRAN HO HOAI

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