Domestic gold prices today, April 7, 2025
Domestic gold prices are showing signs of a temporary pause on the Hung Kings' Commemoration Day holiday, remaining stable compared to yesterday. Specifically, the price of SJC gold bars at major businesses such as DOJI , SJC, and Bao Tin Minh Chau is listed at 97.1-100.1 million VND/ounce, unchanged from the previous trading session. However, looking back over the week, gold prices have slightly decreased, with a drop of 1.3 million VND/ounce on the buying side and 600,000 VND/ounce on the selling side.
For 9999 pure gold rings, prices also tended to decrease slightly. At DOJI, the price of gold rings was listed at 96.7-100.1 million VND/ounce, down 1.7 million VND/ounce for buying and 600,000 VND/ounce for selling compared to last week. Similarly, Bao Tin Minh Chau also recorded a decrease of 1.4 million VND/ounce for buying and 400,000 VND/ounce for selling.
According to experts, gold prices may continue to fluctuate slightly in the near future due to the influence of global economic factors and investor sentiment. Although gold prices are showing signs of a slight decline, this also presents a good opportunity for those who want to invest long-term, especially as the global gold market is still supported by factors such as inflation and monetary policy.
Investors should closely monitor market developments and carefully consider their options before making a decision. If you are planning to buy gold, pay attention to the buy-sell spread, currently at 3-3.4 million VND/ounce, to maximize your profits.
Gold prices on April 2nd, 2025 are a top topic of interest, and understanding the trend will help you make smarter investment decisions.
The latest gold price chart for today, April 7, 2025, is as follows:
| Gold price today | April 7, 2025 (Million VND) | Difference (thousand dong/ounce) | ||
| Buy | Sell | Buy | Sell | |
| SJC in Hanoi | 97.1 | 100.1 | But | But |
| DOJI Group | 97.1 | 100.1 | But | But |
| Mi Hong | 99.3 | 100.8 | +600 | +300 |
| PNJ | 97.1 | 100.1 | But | But |
| Vietinbank Gold | 100.1 | But | ||
| Bao Tin Minh Chau | 97.2 | 100.1 | But | But |
| Phu Quy | 97.3 | 100.1 | +200 | But |
| 1. DOJI - Updated: 7/4/2025 04:30 - Website time of supply - ▼/▲ Compared to yesterday. | ||
| Domestic gold prices | Buy | Sell |
| AVPL/SJC HN | 97,100 | 100,100 |
| AVPL/SJC HCM | 97,100 | 100,100 |
| AVPL/SJC DN | 97,100 | 100,100 |
| Ingredients 9999 - HN | 96,500 | 99,200 |
| Ingredients 999 - HN | 96,400 | 99,100 |
| 2. PNJ - Updated: 7/4/2025 04:30 - Time on supplier website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| Ho Chi Minh City - PNJ | 97,500 | 100.100 |
| Ho Chi Minh City - SJC | 97,100 | 100.100 |
| Hanoi - PNJ | 97,500 | 100.100 |
| Hanoi - SJC | 97,100 | 100.100 |
| Da Nang - PNJ | 97,500 | 100.100 |
| Da Nang - SJC | 97,100 | 100.100 |
| Western Region - PNJ | 97,500 | 100.100 |
| Western Region - SJC | 97,100 | 100.100 |
| Gold jewelry prices - PNJ | 97,500 | 100.100 |
| Gold jewelry prices - SJC | 97,100 | 100.100 |
| Gold jewelry prices - Southeast Vietnam | PNJ | 97,500 |
| Gold jewelry prices - SJC | 97,100 | 100.100 |
| Gold jewelry prices - Gold jewelry prices | PNJ Plain Ring 999.9 | 97,500 |
| Gold jewelry prices - 999.9 gold jewelry | 97,500 | 100,000 |
| Gold jewelry prices - 999 gold jewelry | 97,400 | 99,900 |
| Jewelry gold prices - 9920 gold jewelry | 96,800 | 99,300 |
| Gold jewelry prices - 99% pure gold jewelry | 96,600 | 99.100 |
| Jewelry gold prices - 916 (22K) gold | 89,200 | 91,700 |
| Jewelry gold price - 750 (18K) gold | 72,650 | 75,150 |
| Jewelry gold price - 680 gold (16.3K) | 65,650 | 68,150 |
| Jewelry gold price - 650 gold (15.6K) | 62,650 | 65,150 |
| Jewelry gold price - 610 gold (14.6K) | 58,650 | 61,150 |
| Jewelry gold prices - 585 Gold (14K) | 56,150 | 58,650 |
| Jewelry gold price - 416 Gold (10K) | 39,250 | 41,750 |
| Jewelry gold price - 375 (9K) gold | 35,150 | 37,650 |
| Jewelry gold price - 333 Gold (8K) | 30,650 | 33,150 |
| 3. SJC - Update: 7/4/2025 04:30 - Time on source website - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 97,100 | 100,100 |
| SJC gold, 5 taels | 97,100 | 100,120 |
| SJC gold bars: 0.5 tael, 1 tael, 2 taels | 97,100 | 100,130 |
| SJC 99.99% pure gold rings, 1 tael, 2 taels, 5 taels. | 97,000 | 100,000 |
| SJC 99.99% pure gold rings, 0.5 tael and 0.3 tael. | 97,000 | 100,100 |
| 99.99% Jewelry | 97,000 | 99,700 |
| 99% Jewelry | 95,712 | 98,712 |
| Jewelry 68% | 64,952 | 67,952 |
| Jewelry 41.7% | 38,729 | 41,729 |
World gold price today, April 7, 2025, and chart of world gold price fluctuations over the past 24 hours.
According to Kitco, the spot price of gold in the world market at 4:30 AM Vietnam time today was $3053.77 USD/ounce. The price remained unchanged from yesterday and increased by $18.01 USD/ounce compared to last week. Converted using the USD exchange rate at Vietcombank (25,960 VND/USD), the world gold price is approximately 96.61 million VND/ounce (excluding taxes and fees). Thus, the price of SJC gold bars is currently 3.4 million VND/ounce higher than the international gold price.
Global gold prices fell 1.8% last week, ending a five-week winning streak. However, gold maintained key support around $3,000 per ounce, demonstrating better resilience than the stock market. Nevertheless, many experts warn that if selling pressure continues to increase, gold prices could fall sharply to $2,800 per ounce.
According to expert Everett Millman from Gainesville Coins, this decline is mainly due to investors selling gold and silver to offset losses in their portfolios as the stock market plummets. This is a common practice during periods of market stress and illiquidity. Millman also noted that there is currently no clear support level if stocks continue to fall. For gold prices to stabilize, the market needs positive signals from monetary policy, such as a commitment to lower interest rates from the Fed or new economic stimulus packages. If the situation worsens, the price will...
Kevin Grady from Phoenix Futures and Options said the market is currently very chaotic. Many investors are selling profitable positions to replenish margin as stocks plummet. He also shared that major banks had stayed out of the market before Trump announced the tariffs and are now waiting for clearer signals. Grady predicted that gold is unlikely to rise sharply next week as investors are dealing with margin call pressure, while commodities are also experiencing profit-taking after the strong rally since the beginning of the year. He believes the market needs more time to stabilize and determine a specific direction.
Furthermore, Grady also expressed concern about the risk of a global recession, which would negatively impact demand for commodities, including gold. In this uncertain environment, many investors are choosing to hold cash rather than risk investing.
This week, the market will be closely watching key economic data from the US. The minutes of the March FOMC meeting will be released on Wednesday, followed by the CPI inflation index on Thursday and the PPI on Friday. Additionally, the preliminary University of Michigan consumer confidence index will be released on Friday morning, reflecting Americans' views on the economic outlook.
Overall, the gold market is currently in a period of significant volatility and needs more time to stabilize. Factors such as monetary policy, economic data, and investor sentiment will continue to play a crucial role in shaping gold prices in the coming period.
Gold price forecast
Gold prices are attracting significant attention from both individual investors and experts amid volatile global markets. According to Chris Vecchio, chief strategist at Tastylive.com, the stock market sell-off is understandable, especially given that former President Donald Trump's global tariff policies are seen as a major shock to global trade. Vecchio argues that the factors that once pushed gold prices above $3,000 per ounce remain intact, and the current price presents a good opportunity for long-term investors, particularly as many central banks seek to reduce their reliance on the US dollar.
However, Kitco News' latest weekly gold price survey shows that expert sentiment is shifting from optimistic to cautious. Of the 16 experts surveyed, only 5 predicted a rise in gold prices next week, while 8 believed prices would continue to fall. The remaining three believed gold would trade sideways around current lows. Despite this, individual investor sentiment remains relatively stable, with 61% of the 273 online survey participants expecting a rise, 26% expecting a fall, and the remainder believing prices will remain stable.
Marc Chandler, managing director at Bannockburn Global Forex, commented that gold is gradually losing its role as a safe-haven asset as it is being sold off along with stocks. This is happening even though the US dollar and bond yields are falling, which are usually factors supporting gold. Chandler said that this week's decline in gold is mainly erasing previous gains. If gold breaks below $3,054 per ounce, the price could continue to fall to $3,030 and then $3,000. Current technical indicators are also sending negative signals.
David Morrison, senior market analyst at Trade Nation, said that while the gold sell-off was stronger than expected, the move was not surprising. Momentum indicators suggest prices are trading in overbought territory. However, he added that he doesn't expect the rally to end, even if prices fall lower.
Gold prices on April 8, 2025, are facing both opportunities and challenges. While long-term factors continue to support gold, the short term may continue to see significant volatility. Investors need to closely monitor market developments and carefully consider their options before making investment decisions.
Source: https://baodaknong.vn/gia-vang-hom-nay-7-4-2025-moi-nhat-gia-vang-the-gioi-dang-co-tin-hieu-lac-quan-248546.html
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