Domestic gold price today
Gold bar prices continue to increase sharply. Currently, gold brands are buying at 100.6 million VND/tael and selling at 103.6 million VND/tael. Phu Quy SJC gold is buying at 600,000 VND lower than other brands.
Similarly, the price of gold rings of various brands also increased sharply. Specifically, the price of SJC 9999 gold rings was adjusted up by VND300,000 for buying and VND1.1 million for selling, to VND99.8 million/tael and VND102.8 million/tael, respectively.
DOJI in Hanoi and Ho Chi Minh City markets listed the price of gold rings at 100.2 million VND/tael and 103.2 million VND/tael, an increase of 500,000 VND for buying and 1.3 million VND for selling.
PNJ brand gold ring price is listed at 99.9 million VND/tael and 102.9 million VND/tael, an increase of 400,000 VND for buying and 1 million VND for selling.
Bao Tin Minh Chau listed the price of plain round gold rings at 100.7 million VND/tael for buying and 103.7 million VND/tael for selling, an increase of 800,000 VND for buying and 1.7 million VND for selling.
Phu Quy SJC is buying gold rings at 100 million VND/tael and selling at 103.2 million VND/tael, an increase of 800,000 VND in buying price and 1.3 million VND in selling price.
World gold price today
World gold prices continued to rise sharply, with spot gold prices increasing by 93.3 USD to 3,177.5 USD/ounce. Gold futures last traded at 3,194.2 USD/ounce, up 115.2 USD compared to early yesterday morning.
Gold prices rose more than 3% to an all-time high on Thursday, helped by a weaker dollar. The US Dollar Index fell more than 1%, making gold cheaper for holders of other currencies.
In addition, the escalating trade war between the US and China following the decision to impose reciprocal tariffs has prompted investors to seek precious metals as a safe haven.
Gold has regained its appeal as a safe haven and is on track to hit a new record high, said Nikos Tzabouras, senior market analyst at Tradu.com. However, he warned that the precious metal could face risks in the near term if trade partners reach a deal. He added that potential headwinds from the US Federal Reserve’s interest rate cuts could strengthen the US dollar and put pressure on gold.
Data released on Thursday showed U.S. consumer prices unexpectedly fell in March, but inflation risks are rising after President Donald Trump doubled tariffs on China.
Following the data, traders are betting that the US central bank will cut interest rates again in June and may reduce its policy rate by 1 percentage point by year-end.
Allegiance Gold CEO Alex Ebkarian expects central banks to continue adding to gold. Ebkarian stressed that gold will gain more momentum if flows into exchange-traded funds continue and there are more monetary policy risks.
With the domestic gold bar price increasing sharply and the world gold price listed at Kitco at 3,177.5 USD/ounce (equivalent to about 99.5 million VND/tael converted according to Vietcombank exchange rate, excluding taxes and fees), the difference between domestic and world gold prices is about 4.1 million VND/tael.
HQ (according to People's Army)Source: https://baohaiduong.vn/gia-vang-hom-nay-tiep-da-tang-phi-ma-409152.html
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