Gold price rises to peak of 104 million

Domestic gold price today April 11, 2025

At the time of survey at 4:30 a.m. on April 11, 2025, the domestic gold price increased to an all-time high of nearly 104 million VND/tael. Specifically:

DOJI Group listed the price of SJC gold bars at 100.6-103.6 million VND/tael (buy - sell); an increase of 900,000 VND/tael for buying and 1.7 million VND/tael for selling compared to early this morning. The difference between buying and selling prices is at 3 million VND/tael.

At the same time, the price of SJC gold bars was listed at 100.6-103.6 million VND/tael (buy - sell); an increase of 900,000 VND/tael for buying and 1.7 million VND/tael for selling compared to early this morning. The difference between buying and selling prices was at 3 million VND/tael.

SJC gold price at Bao Tin Minh Chau Company Limited listed SJC gold bar price at 100.6-103.6 million VND/tael (buy - sell); increased by 800,000 VND/tael for buying and increased by 1.7 million VND/tael for selling compared to early morning. The difference between buying and selling price is at 3 million VND/tael.

As of 4:30 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 100.2-103.2 million VND/tael (buy - sell); an increase of 500,000 VND/tael for buying and an increase of 1.3 million VND/tael for selling compared to early this morning. The difference between buying and selling prices is at 3 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 100.7-103.7 million VND/tael (buy - sell); an increase of 800,000 VND/tael for buying and 1.7 million VND/tael for selling compared to early this morning. The difference between buying and selling prices is 3 million VND/tael.

The latest gold price list today, April 11, 2025 is as follows:

Gold price today	April 11, 2025 (million dong)		Difference (thousand dong/tael)
	Buy	Sell	Buy	Sell
SJC in Hanoi	100.6	103.6	+900	+1700
DOJI Group	100.6	103.6	+900	+1700
Red Eyelashes	100.7	102.7	+500	+800
PNJ	100.6	103.6	+900	+1700
Vietinbank Gold		103.6		+1700
Bao Tin Minh Chau	100.6	103.6	+800	+1700
Phu Quy	100	103.6	+1100	+1700

1. DOJI - Updated: April 11, 2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
Domestic gold price	Buy	Sell
AVPL/SJC HN	100,600 ▲900K	103,600 ▲1700K
AVPL/SJC HCM	100,600 ▲900K	103,600 ▲1700K
AVPL/SJC DN	100,600 ▲900K	103,600 ▲1700K
Raw material 9999 - HN	100,000 ▲500K	102,300 ▲1300K
Raw material 999 - HN	99,900 ▲500K	102,200 ▲1300K

2. PNJ - Updated: April 11, 2025 04:30 - Time of the source website - ▼/▲ Compared to yesterday.
Type	Buy	Sell
HCMC - PNJ	99,900 ▲400K	102,900 ▲1000K
HCMC - SJC	100,600 ▲900K	103,600 ▲1700K
Hanoi - PNJ	99,900 ▲400K	102,900 ▲1000K
Hanoi - SJC	100,600 ▲900K	103,600 ▲1700K
Da Nang - PNJ	99,900 ▲400K	102,900 ▲1000K
Da Nang - SJC	100,600 ▲900K	103,600 ▲1700K
Western Region - PNJ	99,900 ▲400K	102,900 ▲1000K
Western Region - SJC	100,600 ▲900K	103,600 ▲1700K
Jewelry gold price - PNJ	99,900 ▲400K	102,900 ▲1000K
Jewelry gold price - SJC	100,600 ▲900K	103,600 ▲1700K
Jewelry gold price - Southeast	PNJ	99,900 ▲400K
Jewelry gold price - SJC	100,600 ▲900K	103,600 ▲1700K
Jewelry gold price - Jewelry gold price	PNJ 999.9 Plain Ring	99,900 ▲400K
Jewelry gold price - Kim Bao Gold 999.9	99,900 ▲400K	102,900 ▲1000K
Jewelry gold price - Phuc Loc Tai Gold 999.9	99,900 ▲400K	102,900 ▲1000K
Jewelry gold price - Jewelry gold 999.9	99,900 ▲600K	102,400 ▲600K
Jewelry gold price - Jewelry gold 999	99,800 ▲600K	102,300 ▲600K
Jewelry gold price - Jewelry gold 9920	99,180 ▲590K	101,680 ▲590K
Jewelry gold price - Jewelry gold 99	98,980 ▲600K	101,480 ▲600K
Jewelry gold price - 750 gold (18K)	74,450 ▲450K	76,950 ▲450K
Jewelry gold price - 585 gold (14K)	57,550 ▲350K	60,050 ▲350K
Jewelry gold price - 416 gold (10K)	40,250 ▲250K	42,750 ▲250K
Jewelry gold price - 916 gold (22K)	91,400 ▲550K	93,900 ▲550K
Jewelry gold price - 610 gold (14.6K)	60,110 ▲360K	62,610 ▲360K
Jewelry gold price - 650 gold (15.6K)	64,210 ▲390K	66,710 ▲390K
Jewelry gold price - 680 gold (16.3K)	67,280 ▲410K	69,780 ▲410K
Jewelry gold price - 375 gold (9K)	36,050 ▲220K	38,550 ▲220K
Jewelry gold price - 333 gold (8K)	31,440 ▲200K	33,940 ▲200K

3. SJC - Updated: 11/4/2025 04:30 - Time of the source website - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG	100,600 ▲900K	103,600 ▲1700K
SJC gold 5 chi	100,600 ▲900K	103,620 ▲1700K
SJC gold 0.5 chi, 1 chi, 2 chi	100,600 ▲900K	103,630 ▲1700K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi	99,800 ▲300K	102,800 ▲1100K
SJC 99.99% gold ring 0.5 chi, 0.3 chi	99,800 ▲300K	102,900 ▲1100K
Jewelry 99.99%	99,800 ▲300K	102,500 ▲1100K
Jewelry 99%	98,485 ▲1089K	101,485 ▲1089K
Jewelry 68%	66,856 ▲748K	69,856 ▲748K
Jewelry 41.7%	39,896 ▲458K	42,896 ▲458K

World gold price today April 11, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 am today, Vietnam time, was 3,169.2 USD/ounce. Today's gold price increased by 84.81 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,000 VND/USD), the world gold price is about 100.4 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 3.2 million VND/tael higher than the international gold price.

World gold prices continue to rise, as trade tensions between the US and China escalate. President Donald Trump decided to raise tariffs on Chinese goods from 104% to 125%, after China responded with an 84% tariff on US goods.

In addition, Mr. Trump's announcement of a 90-day pause on tariffs on other countries also contributed to the rise in gold prices. US gold futures rose 1.6% to $3,129.9 an ounce.

WisdomTree strategist Nitesh Shah said the market is currently operating in a volatile and unpredictable environment. He believes that the upward trend in gold prices will continue throughout the year, with no signs of a cooling off from the trade war.

Minutes from the Federal Reserve’s recent meeting showed policymakers are concerned about high inflation and slowing economic growth, which is expected to force the Fed to make difficult decisions in the near future.

Investors are now focusing on the US consumer price index (CPI) to assess the Fed's policy direction. Market forecasts show that the Fed may cut interest rates by another 84 basis points by the end of this year.

Gold continues to be viewed as a safe haven investment amid economic and geopolitical uncertainty. Gold is particularly attractive in low-interest-rate environments. Since last year, gold prices have maintained a steady upward trend and have increased by more than 18% since the beginning of 2025.

Expert Nitesh Shah believes that within the next year, the price of gold could reach $3,600/ounce. He even does not rule out the possibility that gold will reach $4,000/ounce in the future if instability factors continue to increase.

Gold Price Forecast

In the coming days, many experts believe that the world gold price will continue to fluctuate strongly with an upward trend. The main reason is the escalating geopolitical tensions and the weakening USD. In that context, gold continues to play its role as a safe haven for investment cash flow.

According to expert Nitesh Shah, the price of gold could reach $3,600 within the next year. If the world situation becomes more unstable, it is possible that gold will reach $4,000/ounce. This price reflects investors' growing concerns about global risks.

Many analysts have shown that if tensions in the Middle East do not cool down and the USD shows no signs of a solid recovery, gold prices could surpass the $3,100/ounce mark in the short term, even approaching the $3,150 threshold. However, the current market is very sensitive, easily affected by policy information from the US Federal Reserve (Fed) or unexpected developments from conflict areas.

If the Fed continues to maintain high interest rates to control inflation, gold may lose its appeal as a non-yielding asset. Conversely, if there are signs of an economic slowdown or escalating tensions in the Middle East, gold prices will be strongly supported by investors' demand for hedging.

Although the Trump administration has announced a 90-day moratorium on tariffs on most countries, the trade war is far from over. The US still imposes a basic 10% import tariff on Canada, Mexico and the European Union, while escalating tensions with China with tariffs of up to 125%.

Some experts warn that the negative impacts of the new tax policy will not be overcome in the short term. According to Bill Adams, chief economist of Comerica Bank, the S&P 500 index has recovered slightly, but is still down 8% compared to the beginning of the year. He emphasized that the high tariffs on Chinese goods, if maintained for a long time, will cause many businesses to face difficulties and slow economic growth in 2025.

Jeffrey Roach, chief economist at LPL Financial, also believes that the US economy will continue to face many challenges. According to him, the temporary suspension of tariffs on countries that do not retaliate is not enough to reassure the market, because recent economic data is showing clear signs of slowing down, despite the US government's efforts to adjust policies.

Source: https://baoquangnam.vn/gia-vang-hom-nay-11-4-2025-gia-vang-trong-nuoc-va-the-gioi-tang-len-dinh-104-trieu-3152493.html