Closing price of gold on April 5, 2025: Long-term outlook still shows an upward trend

Index

Closing price of gold today, April 5, 2025 in the domestic market
Closing price of gold today April 5, 2025 world market
Gold Futures News, Trends: Long-Term Outlook Still Shows Upward Trend

Closing price of gold today, April 5, 2025 in the domestic market

Gold price today April 5, 2025 recorded a strong price drop across the domestic market, spreading from major brands such as SJC, PNJ, DOJI to smaller units such as Mi Hong. Today, the downward trend is clear in both buying and selling directions, creating a volatile and dramatic trading session. From gold bars, gold rings to jewelry, no segment escapes the pressure of price reduction, causing investors to be cautious before important decisions. The latest update of gold price today April 5, 2025 shows that the market is under great pressure, promising unpredictable developments during the day.

In Hanoi , the listed price of SJC gold bars was 97.1 million VND/tael (buy, down 1.7 million VND/tael) and 100.1 million VND/tael (sell, down 1.2 million VND/tael) compared to yesterday. DOJI Group is also not out of the downward trend, with AVPL/SJC gold prices in Hanoi, Ho Chi Minh City and Da Nang simultaneously reaching 97.1 million VND/tael (buy, down 1.7 million VND/tael) and 101.3 million VND/tael (sell, down 900 thousand VND/tael). 9999 gold material at DOJI decreased more sharply, reaching 96.5 million VND/tael (buy, down 1.8 million VND/tael) and 99.2 million VND/tael (sell, down 1.4 million VND/tael). This downtrend covered the market, leaving no signs of sideways movement.

PNJ on the afternoon of April 5, 2025 was also immersed in a wave of price reduction. PNJ gold bar prices in Ho Chi Minh City, Hanoi, Da Nang and the Western region were listed at VND 97.5 million/tael (buy, down VND 1.2 million/tael) and VND 100.1 million/tael (sell, down VND 1.2 million/tael). SJC gold at PNJ decreased more deeply in the buying direction, reaching VND 97.1 million/tael (down VND 1.7 million/tael), while the selling price remained at VND 100.1 million/tael (down VND 1.2 million/tael). PNJ jewelry products were also heavily affected, with 999.9 gold decreasing by 1.2 million VND/tael to 97.5 million VND/tael (buy) and 100 million VND/tael (sell), 916 gold (22K) decreasing by 1.1 million VND/tael to 89.2 million VND/tael (buy) and 91.7 million VND/tael (sell), and 750 gold (18K) decreasing by 900 thousand VND/tael, listed at 72.65 million VND/tael (buy) and 75.15 million VND/tael (sell).

In Mi Hong, the gold price this morning decreased slightly but still could not avoid the general trend, with the buying price reaching 98.7 million VND/tael (down 300 thousand VND/tael) and the selling price at 100.5 million VND/tael (down 700 thousand VND/tael). Bao Tin Minh Chau recorded a sharp decrease, the buying price down to 97.2 million VND/tael (down 1.6 million VND/tael) and the selling price reached 100.1 million VND/tael (down 1.2 million VND/tael). Phu Quy also plummeted with the buying price down 1.5 million VND/tael to 97.1 million VND/tael and the selling price down 1.2 million VND/tael, reaching 100.1 million VND/tael.

At Vietinbank Gold, the gold price today, April 5, 2025, witnessed a significant decrease in the selling price, listed at 100.1 million VND/tael (down 1.2 million VND/tael). Meanwhile, SJC 99.99% gold rings at the SJC system decreased by 1.7 million VND/tael in the buying price (97.1 million VND/tael) and from 1.2 million VND/tael to 1.3 million VND/tael in the selling price (100 - 100.13 million VND/tael, depending on the type). SJC jewelry also did not escape the downward trend, with 99.99% gold decreasing by 1.6 million VND/tael in the buying price (97 million VND/tael) and 1.2 million VND/tael in the selling price (99.7 million VND/tael).

Closing price of gold on April 5, 2025: The gold market this afternoon shows a picture of a comprehensive price decrease, from major brands to jewelry products. The latest update of today's gold price on April 5, 2025 reflects a sharp decline, forcing investors to closely monitor to seize opportunities or avoid risks. With the overall downward trend, the closing price of gold on April 5, 2025 promises to be a hot spot, opening up unexpected developments in the following trading sessions.

Closing price of gold on April 5, 2025 Long-term outlook still shows an upward trend — Closing price of gold on April 5, 2025: Long-term outlook still shows an upward trend

As of 7:00 p.m. today, the price of 9999 Hung Thinh Vuong round gold ring at DOJI is listed at 96.7 - 100.1 million VND/tael (buy - sell);

Bao Tin Minh Chau listed the price of gold rings at 97.5 - 100.5 million VND tael (buy - sell); down 1.5 million VND/tael for buying and down 1.1 million VND/tael for selling.

The latest gold price update table today, April 5, 2025 is as follows:

Gold price today
	Buy		Sell out
SJC in Hanoi	97.1	▼1700	100.1	▼1200
DOJI Group	97.1	▼1700	100.1	▼1200
Mi Hong	98,700	▼300	100.5	▼700
PNJ	97.1	▼1700	100.1	▼1200
Vietinbank Gold			100.1	▼1200
Bao Tin Minh Chau	97.2	▼1600	100.1	▼1200
Phu Quy	97.1	▼1500	100.1	▼1200

1. DOJI - Updated: April 5, 2025 19:00 - Source website time - ▼/▲ Compared to yesterday.
Type	Buy	Sell out
AVPL/SJC HN	97,100 ▼1700	101,300 ▼900
AVPL/SJC HCM	97,100 ▼1700	101,300 ▼900
AVPL/SJC DN	97,100 ▼1700	101,300 ▼900
Raw material 9999 - HN	96,500 ▼1800	99,200 ▼1400
Raw materials 999 - HN	96,400 ▼1800	99,100 ▼1400

2. PNJ - Updated: April 5, 2025 19:00 - Website supply time - ▼/▲ Compared to yesterday.
Type	Buy	Sell out
HCMC - PNJ	97,500 ▼1200K	100.100 ▼1200K
HCMC - SJC	97,100 ▼1700K	100.100 ▼1200K
Hanoi - PNJ	97,500 ▼1200K	100.100 ▼1200K
Hanoi - SJC	97,100 ▼1700K	100.100 ▼1200K
Da Nang - PNJ	97,500 ▼1200K	100.100 ▼1200K
Da Nang - SJC	97,100 ▼1700K	100.100 ▼1200K
Western Region - PNJ	97,500 ▼1200K	100.100 ▼1200K
Western Region - SJC	97,100 ▼1700K	100.100 ▼1200K
Jewelry gold price - PNJ	97,500 ▼1200K	100.100 ▼1200K
Jewelry gold price - SJC	97,100 ▼1700K	100.100 ▼1200K
Jewelry gold price - Southeast	PNJ	97,500 ▼1200K
Jewelry gold price - SJC	97,100 ▼1700K	100.100 ▼1200K
Jewelry gold price - PNJ 999.9 Plain Ring	97,500 ▼1200K
Jewelry gold price - Jewelry gold 999.9	97,500 ▼1200K	100,000 ▼1200K
Jewelry gold price - 999 jewelry gold	97,400 ▼1200K	99,900 ▼1200K
Jewelry gold price - 9920 jewelry gold	96,800 ▼1190K	99,300 ▼1190K
Jewelry gold price - 99 jewelry gold	96,600 ▼1190K	99,100 ▼1190K
Jewelry gold price - 916 gold (22K)	89,200 ▼1100K	91,700 ▼1100K
Jewelry gold price - 750 gold (18K)	72,650 ▼900K	75,150 ▼900K
Jewelry gold price - 680 gold (16.3K)	65,650 ▼820K	68,150 ▼820K
Jewelry gold price - 650 gold (15.6K)	62,650 ▼780K	65,150 ▼780K
Jewelry gold price - 610 gold (14.6K)	58,650 ▼730K	61,150 ▼730K
Jewelry gold price - 585 gold (14K)	56,150 ▼700K	58,650 ▼700K
Jewelry gold price - 416 gold (10K)	39,250 ▼500K	41,750 ▼500K
Jewelry gold price - 375 gold (9K)	35,150 ▼450K	37,650 ▼450K
Jewelry gold price - 333 gold (8K)	30,650 ▼400K	33,150 ▼400K

3. SJC - Updated: 04/05/2025 19:00 - Website time of supply - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG	97,100 ▼1700K	100.100 ▼1200K
SJC gold 5 chi	97,100 ▼1700K	100,120 ▼1200K
SJC gold 0.5 chi, 1 chi, 2 chi	97,100 ▼1700K	100,130 ▼1200K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi	97,100 ▼1700K	100,000 ▼1200K
SJC 99.99% gold ring 0.5 chi, 0.3 chi	97,100 ▼1700K	100.100 ▼1200K
99.99% jewelry	97,000 ▼1600K	99,700 ▼1200K
99% Jewelry	95,712 ▼1,188K	98,712 ▼1,188K
Jewelry 68%	64,952 ▼816K	67,952 ▼816K
Jewelry 41.7%	38,729 ▼500K	41,729 ▼500K

Closing price of gold today April 5, 2025 world market

At the time of trading at 7:00 p.m. on April 5, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,035.92 USD/ounce. Converted according to the USD exchange rate on the free market (25,960 VND/USD), the world gold price is equivalent to about 96.05 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (97.1-100.1 million VND/tael), the SJC gold price is currently about 4 million higher than the international gold price.

Gold prices fell more than 3% on April 5, wiping out the previous week's gains. This happened as many investors sold gold to cover losses from a larger collapse in global markets. The reason is the increasingly tense trade war between countries, which has raised fears that the world economy could fall into recession. Specifically, the spot price of gold fell 2.9% to $ 3,024.2 per ounce in the late afternoon. Earlier in the day, it had hit a low of $ 3,015.29, although just the day before, it had set a record of $ 3,167.57. However, the price of gold still held an average of $ 3,023 over the past 21 days, showing that it has not completely lost momentum.

The reason for the heavy selling is that gold is seen as an easy way to raise cash when investors are having trouble with other investments. Standard Chartered expert Suki Cooper explained that when markets are risky, gold is often sold to solve other financial problems, and this is not unusual. Despite the sharp decline on the day, gold is still up 15.3% since the beginning of the year thanks to heavy central bank purchases and because it is considered a safe haven during economic or political uncertainty. Matt Simpson, an expert at City Index, also agreed that gold is still a reliable choice for many people at the moment.

Meanwhile, global stock markets also plunged for two consecutive days, with the S&P 500 and Nasdaq indexes in the US falling about 5% each. The reason is that China has just imposed an additional 34% tax on US goods from April 10, in response to the tax recently announced by US President Donald Trump. US Federal Reserve Chairman Jerome Powell said that these new taxes are larger than expected, could push up prices and slow economic growth. The US dollar also strengthened by 0.7%, making gold - which is priced in dollars - more expensive for foreign buyers.

Better-than-expected US employment data also weighed on sentiment. Alex Ebkarian of Allegiance Gold said this could keep the Fed from cutting rates too soon. When interest rates are high, bank deposits or bonds are more attractive, making gold less attractive because it does not yield the same return as other investments. However, gold generally “likes” low interest rates, so if the Fed keeps rates high for a long time, gold prices could come under pressure. Other metals such as silver, which fell 7.3% to $29.54 an ounce, platinum, which fell 3.6% to $918.35, and palladium, which fell 2% to $909.75, are all heading for their worst weekly performance in a long time. However, in the long term, gold is expected to retain its appeal due to its safe-haven status.

Gold Futures News, Trends: Long-Term Outlook Still Shows Upward Trend

Gold prices are currently facing a lot of pressure, making it difficult to predict. According to experts, strong profit-taking psychology from investors has led to a large sell-off, pushing the world gold price down sharply. Up to now, the international gold price converted to the domestic exchange rate is about 95 million VND/tael. However, this is not the whole story, because since the beginning of the year, gold has maintained an impressive increase of about 15.3%. The main reason is that central banks around the world are actively buying and many people see gold as a safe place to deposit their assets when the global economy and politics are unstable.

Despite the volatility in gold prices, Matt Simpson, an expert at City Index, remains optimistic that gold has not lost its appeal. For many investors, it remains a reliable "haven" in the midst of economic storms. However, the situation is not entirely smooth. US Federal Reserve Chairman Jerome Powell recently warned that new tariffs imposed by President Trump are higher than expected, which could escalate prices and slow economic growth. In addition, the US dollar strengthened by 0.7%, making gold - which is priced in dollars - more expensive for foreign buyers. This puts further pressure on gold prices in the short term.

Looking further, the long-term outlook for gold remains positive. Although it may continue to fluctuate in the coming days or weeks due to economic and political influences, gold is expected to increase in price in the long term. Its role as a safe haven asset in an uncertain world is difficult to replace. In the domestic market, SJC gold prices often follow the world trend. Therefore, in the morning trading session on April 6, SJC gold prices are likely to decrease, reflecting the decline of international gold. However, if you are thinking of long-term investment, this may be an opportunity to consider, as gold still promises to maintain its value in the future.

Source: https://baoquangnam.vn/chot-phien-gia-vang-ngay-5-4-2025-trien-vong-dai-han-van-cho-thay-xu-huong-tang-3152197.html