Accordingly, in the early afternoon of April 2, SJC listed the price of gold bars at 99.1 million VND/tael for buying and 101.8 million VND/tael for selling, down 300,000 VND in both buying and selling compared to the closing price yesterday.
Similarly, DOJI Hanoi and DOJI Ho Chi Minh City simultaneously adjusted the buying and selling prices of gold to 99.1 million VND/tael for buying and 101.8 million VND/tael for selling; both down 300,000 VND/tael in both directions.
Gold price today (afternoon of April 2): Domestic gold price slightly decreased. Photo: VNA |
Phu Quy SJC adjusted the buying price of gold to 98.9 million VND/tael, down 500 thousand VND/tael compared to yesterday's closing price. The selling price of gold bars at this company was also adjusted down when trading at 101.8 million VND/tael, down 300 thousand VND/tael compared to yesterday's closing price.
In the world market, gold prices decreased slightly on April 1 due to profit-taking activities, but still approached a record high, as investors sought "safe haven" assets at a time when US President Donald Trump was preparing to announce a plan to impose reciprocal tariffs.
Gold's appeal as a safe-haven asset has been bolstered by what can best be described as a "perfect storm" of conditions: persistent geopolitical tensions, economic uncertainty and continued central bank consolidation around the globe. These factors have propelled the precious metal to its strongest quarterly gain since 1986.
Gold prices traditionally tend to rise during times of trade tensions and tariffs as investors seek protection from market volatility and inflationary pressures. Tariffs typically increase production costs for manufacturers and retail prices for consumers, potentially slowing economic growth while fueling inflation – conditions in which gold typically thrives.
Continued purchases of gold by central banks, particularly emerging economies looking to diversify their reserves away from the US dollar, have provided further support to the metal’s upward trajectory. This institutional buying reflects growing concerns about currency stability in an increasingly unpredictable global trade environment.
"I don't see any major changes in the fundamentals. It's still a good time for gold," said Peter Grant, vice president and senior metals strategist at Zaner Metals. Ryan McIntyre, senior portfolio manager at Sprott Asset Management, echoed the sentiment, saying, "We continue to see gold prices trending higher."
Hai Yen
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Source: https://baodaknong.vn/gia-vang-hom-nay-chieu-2-4-gia-vang-trong-nuoc-giam-nhe-248046.html
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