Gold price update today April 12, 2025: Domestic and world gold prices increased, breaking yesterday's peak

Domestic gold price today April 12, 2025

At the time of survey at 11:30 on April 12, 2025, domestic gold prices increased sharply, breaking yesterday's record peak. Specifically:

DOJI Group listed the price of SJC gold bars at 103-106.5 million VND/tael (buy - sell), an increase of 800 thousand VND/tael for buying - an increase of 1.3 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 103-106.5 million VND/tael (buy - sell), an increase of 800 thousand VND/tael in buying - an increase of 1.3 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 103.2-104.7 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 700 thousand VND/tael for buying and 200 thousand VND/tael for selling compared to yesterday.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 102.7-106.2 million VND/tael (buying - selling, up 500 thousand VND/tael in buying direction - up 1 million VND/tael in selling direction compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 102.5-106.5 million VND/tael (buy - sell), gold price increased by 500 thousand VND/tael in buying direction - increased by 1.3 million VND/tael in selling direction compared to yesterday.

As of 11:30 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 101.4-105 million VND/tael (buy - sell); an increase of 1.2 million VND/tael in the buying direction - an increase of 1.8 million VND/tael in the selling direction compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 103.5-106.4 million VND/tael (buy - sell); increased by 2.8 million VND/tael for buying - increased by 2.7 million VND/tael for selling.

The latest gold price list today, April 12, 2025 is as follows:

Gold price today	April 12, 2025 (million dong)		Difference (thousand dong/tael)
	Buy	Sell	Buy	Sell
SJC in Hanoi	103	106.5	+800	+1300
DOJI Group	103	106.5	+800	+1300
Red Eyelashes	103.2	104.7	+700	+200
PNJ	102.7	106.2	+500	+1000
Vietinbank Gold		106.5		+1300
Bao Tin Minh Chau	102.7	106.2	+500	+1000
Phu Quy	102.5	106.5	+500	+1300

1. DOJI - Updated: April 12, 2025 11:30 - Source website time - ▼/▲ Compared to yesterday.
Domestic gold price	Buy	Sell
AVPL/SJC HN	103,000 ▲800K	106,500 ▲1300K
AVPL/SJC HCM	103,000 ▲800K	106,500 ▲1300K
AVPL/SJC DN	103,000 ▲800K	106,500 ▲1300K
Raw material 9999 - HN	101,000 ▲500K	103,900 ▲500K
Raw material 999 - HN	100,900 ▲500K	103,800 ▲500K

2. PNJ - Updated: April 12, 2025 11:30 - Time of the source website - ▼/▲ Compared to yesterday.
Type	Buy	Sell
SJC 999.9 gold bar	10,270	10,620
PNJ 999.9 Plain Ring	10,100	10,470
Kim Bao Gold 999.9	10,100	10,470
Gold Phuc Loc Tai 999.9	10,100	10,470
999.9 gold jewelry	10,100	10,350
999 gold jewelry	10,090	10,340
9920 jewelry gold	10,027	10,277
99 gold jewelry	10,007	10,257
750 Gold (18K)	7,528	7,778
585 Gold (14K)	5,820	6,070
416 Gold (10K)	4,071	4,321
PNJ Gold - Phoenix	10,100	10,470
916 Gold (22K)	9,241	9,491
610 Gold (14.6K)	6,079	6,329
650 Gold (15.6K)	6,493	6,743
680 Gold (16.3K)	6.803	7,053
375 Gold (9K)	3,646	3,896
333 Gold (8K)	3.181	3,431

3. SJC - Updated: 12/4/2025 11:30 - Time of the source website - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG	103,000 ▲800K	106,500 ▲1300K
SJC gold 5 chi	103,000 ▲800K	106,520 ▲1300K
SJC gold 0.5 chi, 1 chi, 2 chi	103,000 ▲800K	106,530 ▲1300K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi	101,400 ▲300K	104,900 ▲500K
SJC 99.99% gold ring 0.5 chi, 0.3 chi	101,400 ▲300K	105,000 ▲500K
Jewelry 99.99%	101,400 ▲300K	104,400 ▲500K
Jewelry 99%	99,566 ▲495K	103,366 ▲495K
Jewelry 68%	67,349 ▲340K	71,149 ▲340K
Jewelry 41.7%	39,889 ▲208K	43,689 ▲208K

World gold price today April 12, 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 at 3,235.91 USD/ounce. Today's gold price increased by 19.9 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (25,920 VND/USD), the world gold price is about 102.17 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 4.33 million VND/tael higher than the international gold price.

The world gold price has increased sharply in the last three trading days, with the June futures contract increasing by about 254 USD. Specifically, the price increased by 101 USD on Wednesday, 94.4 USD on Thursday and 60.7 USD today, bringing the current closing price to 3,254.90 USD.

The main reason for this historic price increase is the escalating trade tensions between the US and China. The tariff conflict has weakened the USD, while at the same time stimulating investors to push gold prices higher due to excessive optimism.

As a result, gold prices recorded their biggest weekly gain since March 2020, setting new records for both the highest and closing prices. Year-to-date, gold prices have increased by about $590, equivalent to 22.55%.

This week, the market witnessed huge fluctuations. The price of gold fell sharply from 3,196 USD (April 3) to the lowest level of 2,988.60 USD in just a few days, a loss of 208 USD. Experts said this was an "inexplicable" decrease, occurring in the context of investors dumping many types of assets, using profits from gold to offset losses in the stock market.

More notable, however, was the strong rally over the last three days of the week. The June contract opened at $2,998 on Wednesday and has now climbed to $3,254.90, its highest closing price ever. The rally began after US President Donald Trump announced a 90-day pause on tariffs on most countries, but not China.

"Because of China's lack of respect for the global marketplace, the United States will immediately raise tariffs on Chinese imports to 125 percent... Hopefully, in the near future, China will realize that taking advantage of the United States and other nations is unacceptable," Trump said.

In response, China also increased tariffs on US imports to 125%, just a day after the US raised tariffs on Chinese goods to 145%. These moves have escalated trade tensions to unprecedented levels. Gold prices tend to rise sharply during periods of economic uncertainty, and the current trade war poses a very high level of risk.

The US's unclear prospects for negotiations with partners, along with the deepening conflict with China, will continue to be factors pushing gold prices up in the coming time.

Besides gold, silver prices rose slightly by 3.2% to $32.18 an ounce, while platinum fell 0.2% to $936.36. Palladium also rose 0.7% to $914.87.

Gold Price Forecast

The international gold price has surpassed the threshold of 3,200 USD/ounce, marking an increase of more than 22% since the beginning of 2025. According to analysis from UBS, the current upward trend of gold prices is likely to continue into next year and remain high in the long term. UBS predicts that the gold price could reach 3,500 USD/ounce this year.

Commerzbank also revised its expectations, raising its year-end gold price forecast from $2,850 to $3,000 an ounce. The bank noted that total assets in gold ETFs reached $345.5 billion at the end of March, indicating that money continues to flow into gold as a safe haven.

Deutsche Bank has previously raised its average gold price forecast for 2025 to $3,139 and for 2026 to $3,700 an ounce, reflecting a consensus among major financial institutions that gold will continue to rise sharply amid global economic uncertainty.

However, David Morrison of Trade Nation warned that the market is currently very sensitive to tariff news. He is concerned about the possibility of a surprise announcement later in the week that could leave the market in an illiquid state when it reopens, causing major volatility.

ANZ Bank gave a more conservative forecast of $2,763 an ounce for 2025, rising slightly to $2,795 in 2026. They expect gold prices to reach $2,900 by the end of 2025.

Macquarie said gold prices would reach $2,951 in 2025 and fall to $2,675 in 2026, but did not give a specific forecast for the end of the year.

JP Morgan is more cautious, with a forecast of $2,863 for 2025 and $3,019 for 2026. The bank expects gold prices to approach $3,000 by the fourth quarter of 2025.

Morgan Stanley forecasts gold prices at $2,763 for 2025 but down to $2,450 in 2026, significantly lower than the average of other organizations.

Citi Research forecasts an average of $2,900 in 2025 and $2,800 in 2026. However, they are also optimistic that in the short term, gold prices could reach $3,200 within 3 months and $3,000 in the next 6–12 months. In the long term, Citi expects gold prices to reach $3,500 by the end of 2025.

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Source: https://baonghean.vn/cap-nhat-gia-vang-hom-nay-12-4-2025-gia-vang-trong-nuoc-va-the-gioi-tang-cao-pha-dinh-hom-qua-10294971.html