Gold price today 4/6/2025 decreased sharply: Reasons and long-term investment opportunities

Domestic gold price today April 6, 2025

Domestic gold prices today, April 6, witnessed a strong correction, with common decreases across major brands such as SJC, PNJ, DOJI and many smaller units such as Mi Hong.

Specifically, in Hanoi , the price of SJC gold bars decreased by 1.7 million VND/tael for buying, to 97.1 million VND/tael, and decreased by 1.2 million VND/tael for selling, to 100.1 million VND/tael. Similarly, the gold price at DOJI also recorded a sharp decrease, with AVPL/SJC gold decreasing by 1.7 million VND/tael for buying and 900 thousand VND/tael for selling.

In other areas, such as Ho Chi Minh City and Da Nang , PNJ gold bar prices also decreased simultaneously, with a decrease of 1.2 million VND/tael in both buying and selling directions. PNJ jewelry products also suffered strong price adjustments. 9999 gold decreased by 1.2 million VND/tael, 916 gold decreased by 1.1 million VND/tael, and 750 gold decreased by 900 thousand VND/tael.

Although the downward trend is widespread, some units such as Mi Hong and Bao Tin Minh Chau recorded a lighter decrease, but still could not escape the general decline of the gold market.

World gold price today 4/6/2025

On the morning of April 6, 2025, the world spot gold price was recorded at 3,035.92 USD/ounce, equivalent to about 96.05 million VND/tael (excluding taxes and fees). Compared to the domestic SJC gold price, the international gold price is currently about 4 million VND/tael lower. Although the world gold price dropped sharply during the day, since the beginning of 2025, gold has still grown by 15.3%, an impressive increase in the context of a volatile financial market.

Reasons for the short-term decline in gold prices

Gold prices fell sharply mainly due to profit-taking by investors, along with factors affecting the trade war between countries and the global economic situation. China's imposition of 34% tariffs on US goods from April 10, and other retaliatory measures, added to the market uncertainty. The US dollar also strengthened, making gold - priced in dollars - more expensive for buyers in other countries.

In addition, positive employment data in the US also created concerns that the US Federal Reserve (Fed) has not yet made a move to reduce interest rates, which reduces the attractiveness of gold in the eyes of investors.

Long-term outlook for gold prices

Despite the current pressure on gold prices, the long-term outlook for gold remains positive. According to experts, gold remains a safe haven asset amid global economic and political uncertainty. Although gold prices may continue to fluctuate in the short term due to the influence of macro factors, it is still expected to grow in the long term.

With central banks around the world actively buying gold, and gold being seen as a safe haven in times of uncertainty, gold prices are expected to continue to maintain their appeal. Investors may face some short-term difficulties, but long-term gold investment opportunities remain attractive, especially in an environment of low interest rates and global uncertainty.

Advice for gold investors

With the short-term downtrend, those planning to invest in gold in the near future may consider buying during this period, when gold prices are on a downward trend. However, if you are a long-term investor, pay attention to the macro factors affecting gold prices, and do not forget that gold is still a safe choice, especially when global economic and political factors continue to develop complicatedly.

While gold prices may come under pressure in the coming days, the gold market still maintains a positive long-term outlook, and short-term fluctuations cannot deny gold's important role as a safe-haven asset.

Both domestic and international gold prices have fallen sharply, reflecting the volatility in the global economic situation. However, the long-term outlook for gold remains optimistic. Despite the short-term correction, gold is expected to maintain its value and continue to grow in the future. Investors should closely monitor the market to take advantage of opportunities while maintaining a long-term investment strategy.

Source: https://baohatinh.vn/gia-vang-hom-nay-642025-giam-manh-ly-do-va-co-hoi-dau-tu-dai-han-post285488.html