Vietnam.vn - Nền tảng quảng bá Việt Nam

Gold price on April 19, 2025: Domestic and world gold prices fell sharply after the Deputy Prime Minister's urgent direction

Gold price at noon today, April 19, 2025: Domestic and world gold prices dropped sharply by 7 million VND right after the hot direction of Deputy Prime Minister Ho Duc Phoc. World gold prices began to rest on Easter 2025

Báo Nghệ AnBáo Nghệ An19/04/2025

Domestic gold price today April 19, 2025

At the time of survey at 10:00 a.m. on April 19, 2025, domestic gold prices dropped sharply after the Deputy Prime Minister's urgent direction. Specifically:

DOJI Group listed the price of SJC gold bars at 113.5-117.5 million VND/tael (buy - sell), a decrease of 3.5 million VND/tael for buying - a decrease of 2.5 million VND/tael for selling compared to yesterday.

At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 113.5-117.5 million VND/tael (buy - sell), a decrease of 3.5 million VND/tael in buying - a decrease of 2.5 million VND/tael in selling compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 108-112 million VND/tael for buying and selling. Compared to yesterday, the gold price decreased by 7 million VND/tael for both buying and selling compared to yesterday.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 113.5-117.5 million VND/tael (buying - selling, down 3.5 million VND/tael in buying direction - down 2.5 million VND/tael in selling direction compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 113-117.5 million VND/tael (buy - sell), gold price decreased 3 million VND/tael in buying direction - decreased 1.5 million VND/tael in selling direction compared to yesterday.

Gold price on April 19: Sharp drop after Deputy Prime Minister's direction

As of 10:00 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 113.2-115.5 million VND/tael (buy - sell); down 1.8 million VND/tael in buying - down 3 million VND/tael in selling compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 113.2-117 million VND/tael (buy - sell); down 3.3 million VND/tael for buying - down 2.5 million VND/tael for selling compared to yesterday.

The Lao Dong newspaper reported that the Government Office has just announced the direction of Deputy Prime Minister Ho Duc Phoc regarding the unusual developments in domestic gold prices.

Faced with the soaring gold price, the Deputy Prime Minister requested the State Bank to coordinate with relevant agencies to closely monitor developments in the financial, monetary, foreign exchange markets, and especially the domestic and foreign gold markets.

The directive aims to quickly implement necessary solutions to stabilize the gold market, preventing strong fluctuations from affecting psychology and economic activities. At the same time, the Deputy Prime Minister also emphasized the need to strengthen inspection, examination and strict handling of illegal profiteering, price manipulation and gold speculation.

The latest gold price list today, April 19, 2025 is as follows:

Gold price today
April 19, 2025
(million dong)
Difference
(thousand dong/tael)
Buy
Sell
Buy
Sell
SJC in Hanoi
113.5 117.5
-3500 -2500
DOJI Group
113.5
117.5
-3500
-2500
Red Eyelashes
108 112
-7000 -7000
PNJ
113.5
117.5
-3500 -2500
Vietinbank Gold
117.5

-2500
Bao Tin Minh Chau
113.5
117.5
-3500 -2500
Phu Quy 113 119
-3000 -1500
1. DOJI - Updated: April 19, 2025 10:00 - Source website time - ▼/▲ Compared to yesterday.
Type
Buy Sell
AVPL/SJC HN 113,500 ▼3500K 117,500 ▼2500K
AVPL/SJC HCM 113,500 ▼3500K 117,500 ▼2500K
AVPL/SJC DN 113,500 ▼3500K 117,500 ▼2500K
Raw material 9999 - HN 113,000 ▼1800K 114,600 ▼3000K
Raw material 999 - HN 112,900 ▼1800K 114,500 ▼3000K
2. PNJ - Updated: April 19, 2025 10:00 - Time of the source website - ▼/▲ Compared to yesterday.
Type Buy Sell
SJC 999.9 gold bar 11,350 11,750
PNJ 999.9 Plain Ring 11,200 11,600
Kim Bao Gold 999.9 11,200 11,600
Gold Phuc Loc Tai 999.9 11,200 11,600
999.9 gold jewelry 11,200 11,450
999 gold jewelry 11,189 11,439
9920 jewelry gold 11,118 11,368
99 gold jewelry 11,096 11,346
750 Gold (18K) 7,853 8,603
585 Gold (14K) 5,963 6,713
416 Gold (10K) 4,028 4,778
PNJ Gold - Phoenix 11,200 11,600
916 Gold (22K) 10,248 10,498
610 Gold (14.6K) 6,250 7,000
650 Gold (15.6K) 6,708 7,458
680 Gold (16.3K) 7,051 7.801
375 Gold (9K) 3,559 4,309
333 Gold (8K) 3,044 3,794
3. SJC - Updated: April 19, 2025 10:00 - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG 113,500 ▼3500K 117,500 ▼2500K
SJC gold 5 chi 113,500 ▼3500K 117,520 ▼2500K
SJC gold 0.5 chi, 1 chi, 2 chi 113,500 ▼3500K 117,530 ▼2500K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi 111,500 ▼2500K
115,500 ▼1500K
SJC 99.99% gold ring 0.5 chi, 0.3 chi 111,500 ▼2500K
115,600 ▼1500K
Jewelry 99.99% 111,500 ▼2500K
115,000 ▼1400K
Jewelry 99% 108,361 ▼2386K
113,861 ▼1386K
Jewelry 68% 72,857 ▼952K
78,357 ▼952K
Jewelry 41.7% 42,609 ▼584K
48,109 ▼584K

World gold price today April 19, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 10:00 a.m. today, Vietnam time, was 3,326.63 USD/ounce. Today's gold price is unchanged from yesterday. Converted according to the USD exchange rate at Vietcombank (26,120 VND/USD), the world gold price is about 105.8 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 11.7 million VND/tael higher than the international gold price.

With financial markets closed yesterday for the Easter holiday, many investors took advantage of the opportunity to take profits as gold prices hit a new peak, surpassing the threshold of 3,350 USD/ounce. Although the price is at a fairly high level and is considered “overbought”, many experts still believe that the upward trend of world gold prices is not over.

Analysis from experts at Brown Brothers Harriman also shows that the psychology of losing confidence in US management policies is the main reason for the sharp decline of the USD. They believe that any recovery of the greenback at this time is very fragile and difficult to sustain, no matter how positive the US economic data is.

Investors are still digesting a recent speech by Federal Reserve Chairman Jerome Powell in Chicago, in which he took a tough stance, warning that the US government’s tax policies could lead to higher inflation and unemployment.

Mr. Powell also emphasized concerns about "stagflation" - a situation in which the economy slows down and inflation persists. After the speech, the US stock market fell sharply. Meanwhile, former President Donald Trump took to social media to criticize Mr. Powell's speech as "confused" and called for him to be fired.

Today, gold is not simply a safe haven for wealth. It is also a highly regarded investment channel. Although it is often not as attractive as stocks or bonds in terms of yield, gold is still trusted by investors around the world, from central banks, billionaires, to ordinary people.

As of the end of 2024, the United States will have the world’s largest gold reserves, with over 8,134 tonnes, followed by Germany. Meanwhile, China and India, despite their large populations and gold-hoarding traditions, hold much less in their national reserves. However, India may be the real “gold king,” with around 24,000 tonnes of gold in household hands.

On a personal level, many prominent investors also believe in gold as part of their portfolios. Billionaire John Paulson, who was nominated to be Treasury Secretary under Donald Trump, is one of the biggest gold holders. He invested heavily in gold because he believes the US dollar will weaken in the future.

Other seasoned investors like George Soros, Ray Dalio and Stanley Druckenmiller have all invested large chunks of their assets in gold ETFs or gold mining stocks. The world’s largest gold ETF, SPDR Gold Shares, currently holds more than 933 tonnes of gold.

Robert Kiyosaki, author of the famous book series “Rich Dad Poor Dad”, recommends investing in physical gold instead of just owning “paper gold”. The reason why both central banks and billionaires favor gold is because it helps diversify investment portfolios and hedge against the risk of inflation or currency devaluation.

Gold Price Forecast

Technically, gold still has a clear advantage in the short term. The main driver now is strong buying from investors who expect prices to continue rising. The next target for the bulls is to push gold prices above the $3,500/ounce mark.

On the contrary, the bears will try to pull the price below the support level of $3,200. The nearest resistance is the high of last night at $3,371.9, followed by $3,400. The first support zone is at $3,325.5, followed by $3,300. The technical rating on the Wyckoff scale is currently very high: 9.0/10.

Many experts believe that gold prices will continue to fluctuate strongly due to the impact of trade-related news and geopolitical tensions. In the context of economic data with few highlights and international markets closed for Easter, gold is likely to become the focus of reactions.

According to FOREX.com expert Fawad Razaqzada, gold is showing signs of entering a consolidation phase after a strong rally. Currently, gold is about $1,275 above its 200-week average, equivalent to a 61% premium, a level that is very rare and difficult to maintain without strong macro factors.

If the price continues to fall below the $3,300 threshold, notable support levels will be $3,245 and $3,167. In case of increased selling pressure, gold could fall to the $3,100 area, or even the long-term safe zone of $2,790. However, Razaqzada said that there is no need to be pessimistic and that it is necessary to monitor the upcoming sessions.

Lukman Otunuga also warned that gold prices are overbought and could be about to enter a technical correction. If the correction occurs, prices could fall to around $3,250, or even $3,140 or the psychological $3,000 level. But if the $3,300 area holds, gold could very well continue to rise to $3,400 or higher.

Ole Hansen of Saxo Bank agrees that a correction is inevitable. However, he believes it will not happen immediately because of uncertainties, especially after President Trump's criticism of Fed Chairman Jerome Powell. These comments have added to market uncertainty and increased risks in the bond market.

Michael Moor, founder of Moor Analytics, said that if gold prices fell below $33,456 an ounce, it would be a warning sign. However, he still believes that gold has been in a long-term uptrend since August 2018, and may be at the end of its bull run. He previously predicted that gold could rise between $151 and $954 from $2,148.40, and now the price has exceeded expectations to $1,223.50.

On the short-term time frame, Moor assessed that the gold uptrend has helped investors earn more than $ 600, and if there is no major shock, the gold price will still maintain stable support. Finally, Jim Wyckoff from Kitco remains optimistic. He commented that the technical chart is very positive, while the demand for shelter remains stable. These factors will continue to support the gold price in the near future.

Source: https://baonghean.vn/gia-vang-ngay-19-4-2025-gia-vang-trong-nuoc-va-the-gioi-giam-manh-sau-chi-dao-nong-cua-pho-thu-tuong-10295461.html


Comment (0)

No data
No data

Same category

Discover Mu Cang Chai terraced fields in the flooding season
Fascinated by birds that lure mates with food
What do you need to prepare when traveling to Sapa in the summer?
The wild beauty and mysterious story of Vi Rong cape in Binh Dinh

Same author

Heritage

Figure

Business

No videos available

News

Political System

Local

Product