Vietnam.vn - Nền tảng quảng bá Việt Nam

Gold prices fell sharply due to risk aversion.

Việt NamViệt Nam04/04/2025


Domestic gold prices today, April 5, 2025

At the time of the survey at 4:30 AM on April 5, 2025, the domestic gold price had decreased by nearly 1 million VND, falling close to 101 million VND. Specifically:

The price of SJC gold bars, as listed by Saigon Jewelry Company (SJC), is 98.8-101.3 million VND/ounce (buy-sell), a decrease of 700,000 VND/ounce in the buying price and 900,000 VND/ounce in the selling price. The difference between the buying and selling price is 2.5 million VND/ounce.

DOJI Group listed SJC gold bars at 98.8-101.3 million VND/ounce (buy-sell), a decrease of 700,000 VND/ounce for buying and 900,000 VND/ounce for selling. The difference between the buying and selling price is 2.5 million VND/ounce.

Meanwhile, Bao Tin Minh Chau listed SJC gold bars at 98.8-101.3 million VND/ounce (buying price - selling price), a decrease of 700,000 VND/ounce in the buying price and 900,000 VND/ounce in the selling price. The difference between the buying and selling price is 2.5 million VND/ounce.

Gold prices today, April 5, 2025: Gold prices fall sharply due to risk concerns.

As of 4:30 AM today, the price of 9999 Hung Thinh Vuong gold rings at DOJI is listed at 98.5-101.3 million VND/ounce (buying price - selling price); a decrease of 200,000 VND in the buying price and a decrease of 900,000 VND/ounce in the selling price. The difference between the buying and selling price is listed at 2.8 million VND/ounce.

Bao Tin Minh Chau listed the price of gold rings at 98.8-101.3 million VND/ounce (buying price - selling price); a decrease of 300,000 VND/ounce in the buying price and a decrease of 1 million VND/ounce in the selling price. The difference between the buying and selling price is 2.5 million VND/ounce.

The latest gold price list for today, April 5, 2025, is as follows:

Gold price today
April 5, 2025
(Million VND)
Difference
(thousand dong/ounce)
Buy
Sell
Buy
Sell
SJC in Hanoi
98.8 101.3
-700 -900
DOJI Group
98.8
101.3
-700
-900
Mi Hong
99.6 101.5
+200 -200
PNJ
98.8
101.3
-700 -900
Vietinbank Gold
101.3

-900
Bao Tin Minh Chau
98.8
101.3
-200 -900
Phu Quy 98.6 101.3 -400 -900
1. DOJI - Updated: 5/4/2025 04:30 - Website time of supply - ▼/▲ Compared to yesterday.
Domestic gold prices Buy Sell
AVPL/SJC HN 98,800 ▼700K 101,300 ▼900K
AVPL/SJC HCM 98,800 ▼700K 101,300 ▼900K
AVPL/SJC DN 98,800 ▼700K 101,300 ▼900K
Ingredients 9999 - HN 98,300 ▼200K 100,400 ▼900K
Ingredients 999 - HN 98,200 ▼200K 100,300 ▼900K
2. PNJ - Updated: 5/4/2025 04:30 - Time on supplier website - ▼/▲ Compared to yesterday.
Type Buy Sell
SJC 999.9 gold bars 9,880 10,130
PNJ Plain Ring 999.9 9,870 10,130
999.9 Gold 9,870 10,130
999.9 Gold for Fortune, Prosperity and Wealth 9,870 10,130
999.9 gold jewelry 9,870 10,120
999 gold jewelry 9,860 10,110
9920 gold jewelry 9,799 10,049
99% Gold Jewelry 9,779 10,029
750 Gold (18K) 7,355 7,605
585 Gold (14K) 5,685 5,935
416 Gold (10K) 3,975 4,225
PNJ Gold - Phoenix 9,870 10,130
916 Gold (22K) 9,030 9,280
610 Gold (14.6K) 5,938 6,188
650 Gold (15.6K) 6,343 6,593
680 Gold (16.3K) 6,647 6,897
375 Gold (9K) 3,560 3,810
333 Gold (8K) 3,105 3,355
3. SJC - Update: 5/4/2025 04:30 - Time of issue on source website - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG 98,800 ▼700K 101,300 ▼900K
SJC gold, 5 taels 98,800 ▼700K 101,320 ▼900K
SJC gold bars: 0.5 tael, 1 tael, 2 taels 98,800 ▼700K 101,330 ▼900K
SJC 99.99% pure gold rings, 1 tael, 2 taels, 5 taels. 98,700 ▼700K 101,200 ▼800K
SJC 99.99% pure gold rings, 0.5 tael and 0.3 tael. 98,700 ▼700K 101,300 ▼800K
99.99% Jewelry 98,700 ▼700K 100,900 ▼800K
99% Jewelry 96,901 ▼792K 99,901 ▼792K
Jewelry 68% 65,769 ▼544K 68,769 ▼544K
Jewelry 41.7% 39,229 ▼344K 42,229 ▼344K

World gold price today, April 5, 2025, and chart of world gold price fluctuations over the past 24 hours.

On the international market, the spot gold price was recorded at $3,017.83 per ounce, down $94.61 per ounce from the previous session. Converted at the current exchange rate, the world gold price is equivalent to approximately VND 94.4 million per tael (excluding taxes and fees), which is nearly VND 6.9 million per tael lower than domestic gold bars.

Global gold prices have fallen sharply due to risk aversion. Following news of US tariffs, along with retaliatory trade measures from US partners, the precious metal remains under selling pressure due to profit-taking and contract liquidation by short-term traders.

Many investors find themselves unable to sell the assets they want, so they are forced to sell whatever they can. This is why gold – considered a safe haven – is also being sold off despite the overall market sentiment leaning towards defensiveness.

Amidst volatile global markets, the US March jobs report was largely overshadowed. According to the US Department of Labor, non-farm jobs increased by 228,000, far exceeding the forecast of 140,000 and higher than the 117,000 recorded in February after a downward revision.

Asian and European stocks have both fallen sharply in the last two sessions. Markets are still heavily impacted after the US announced a new tariff package on Wednesday, triggering retaliatory measures from other countries. China just announced a 34% tariff on all goods imported from the US, further exacerbating global trade tensions.

The futures market currently predicts that the US Federal Reserve (Fed) will cut interest rates five times this year, totaling a reduction of 1.25%. This indicates that investors are concerned about the possibility of the US economy falling into recession.

Against this backdrop, safe-haven assets like the Japanese yen and Swiss franc are being bought more. The USD index rose slightly but remains near its 6-month low. Nymex crude oil fell sharply to nearly $62 a barrel – its lowest level in almost 4 years. The yield on 10-year US Treasury bonds also retreated to 3.9%, indicating that money is flowing to safe-haven assets amid market volatility.

Not only gold, but silver also fell sharply by 4.9%, to $30.32 per ounce, marking its worst weekly decline since September 2020. Platinum and palladium fell by 2.8% and 1.4% respectively, to $925.55 and $915.21, and also faced selling pressure during the week.

Gold price forecast

Technically, the upward trend in gold prices for June futures contracts remains dominant. The next target for buyers is to push the price above the resistance level of $3,201.6 per ounce. Conversely, sellers are attempting to pull the price below the support zone of $3,031 per ounce.

Key levels to watch are the nearest resistance levels at $3,150 and $3,160.2, along with support levels at $3,089.3 and $3,073.5. The Wyckoff Index is currently at 8.5 out of 10, suggesting the uptrend remains strong.

The gold market is being strongly impacted by the import tariff policies announced by President Donald Trump. Although gold prices may experience a slight correction in the short term, many financial institutions believe the risk of a sharp decline is not significant.

Prior to the tax announcement, RBC Capital Markets raised its 2025 average gold price forecast to $3,039 per ounce and expected it to reach $3,195 per ounce next year. However, they also warned that the recent rally was quite rapid, and if a correction occurs, the price could retreat to the support zone around $2,821 per ounce.

Experts at TD Securities also believe that the gold market could remain highly volatile. Despite high gold prices, the actual amount of gold held by large investors remains low, suggesting that the potential for further increases is still there if capital flows back into the market.

TD also noted that if a correction occurs, the likelihood of a sharp decline is low. Many investors have already profited after a rally lasting over a year, so they will not panic sell just because of a few short-term dips.

Some experts even expect gold prices to reach $3,500 per ounce by the end of the year if the current trend continues. However, if supporting factors change abruptly, a sharper correction in gold prices is still possible.



Source: https://baoquangnam.vn/gia-vang-hom-nay-5-4-2025-gia-vang-trong-nuoc-va-the-gioi-giam-manh-do-tam-ly-e-ngai-rui-ro-3152160.html

Comment (0)

Please leave a comment to share your feelings!

Same tag

Same category

Same author

Heritage

Figure

Enterprise

News

Political System

Destination

Product

Happy Vietnam
Happiness Vietnam

Happiness Vietnam

The People's Public Security Force accompanies the development of Dak Lak.

The People's Public Security Force accompanies the development of Dak Lak.

Digital transformation - Entering a new era

Digital transformation - Entering a new era