Gold price today (April 10): Shocking increase

Domestic gold price today

Gold bar prices have increased dramatically. Currently, gold brands are buying at 99.7 million VND/tael and selling at 101.9 million VND/tael. Bao Tin Minh Chau gold is buying at 100,000 VND higher than other brands. Phu Quy SJC gold is buying at 800,000 VND lower than other brands.

Similarly, the price of gold rings of various brands also increased sharply. Specifically, the price of SJC 9999 gold rings was adjusted up by 1.9 million VND for buying and 1.6 million VND for selling, up to 99.5 million VND/tael and 101.7 million VND/tael, respectively.

Domestic gold prices increase "skyrocketingly". Photo: dantri.com.vn

DOJI in Hanoi and Ho Chi Minh City markets listed the price of gold rings at 99.7 million VND/tael and 101.9 million VND/tael, an increase of 2 million VND for buying and 1.7 million VND for selling.

PNJ brand gold ring price is listed at 99.5 million VND/tael and 101.9 million VND/tael, an increase of 1.8 million VND in buying price and 1.7 million VND in selling price.

Bao Tin Minh Chau listed the price of plain round gold rings at 99.9 million VND/tael for buying and 102 million VND/tael for selling, an increase of 1.9 million VND for buying price and 1.7 million VND for selling price.

Phu Quy SJC is buying gold rings at 99.2 million VND/tael and selling at 101.9 million VND/tael, an increase of 1.5 million VND for buying and 1.6 million VND for selling.

Domestic gold bar prices updated at 5:30 a.m. April 10 as follows:

Yellow	Area	Early morning 9-4	Early morning 10-4	Difference
Buy	Sell	Buy	Sell	Buy	Sell
Unit of measure: Million VND/tael	Unit of measure: Thousand dong/tael
DOJI	Hanoi	97.7	100.2	99.7	101.9	+2000	+1700
Ho Chi Minh City	97.7	100.2	99.7	101.9	+2000	+1700
SJC	Ho Chi Minh City	97.7	100.2	99.7	101.9	+2000	+1700
Hanoi	97.7	100.2	99.7	101.9	+2000	+1700
Danang	97.7	100.2	99.7	101.9	+2000	+1700
PNJ	Ho Chi Minh City	97.7	100.2	99.7	101.9	+2000	+1700
Hanoi	97.7	100.2	99.7	101.9	+2000	+1700
Bao Tin Minh Chau	Nationwide	97.8	100.2	99.8	101.9	+2000	+1700
Phu Quy SJC	Nationwide	97.7	100.2	98.9	101.9	+1200	+1700

World gold price today

World gold prices increased sharply, with spot gold prices increasing by 100.2 USD to 3,084 USD/ounce. Gold futures last traded at 3,079 USD/ounce, up 89.2 USD compared to early this morning.

The yellow metal rose 3% on April 9 and posted its best day in years, supported by safe-haven flows amid escalating US-China trade tensions following US President Donald Trump's decision to raise tariffs on China.

Ultimately, gold is still seen as a hedge against uncertainty, said Bart Melek, head of commodity strategy at TD Securities. Tariffs are becoming a big issue and inflation is likely to rise. All of this will support gold.

Most recently, US President Donald Trump announced a 90-day delay in imposing reciprocal tariffs on many countries. The US leader also announced that he would increase tariffs on Chinese goods to 125%.

Fearing that tariffs would fuel inflation and hamper economic growth, investors fled stocks and industrial commodities for the safe haven of gold.

World gold price exceeds 3,000 USD/ounce. Photo: Getty Images

Used as a safe-haven investment during times of political and financial uncertainty, gold has risen more than $400 in 2025 and hit a record high of $3,167.57 an ounce on April 3, driven by strong safe-haven demand and central bank buying.

According to the minutes of the latest meeting of the US Central Bank, the US Federal Reserve (Fed) policymakers unanimously warned about the risks of higher inflation and slower growth.

Investors are now waiting for the US consumer price index report due out on Thursday for more clarity on the warnings.

According to the Fedwatch Tool, traders are pricing in a 55% chance that the Fed will cut interest rates in May. The odds of a cut are increasing and this would benefit the yellow metal.

With the domestic gold bar price increasing sharply and the world gold price listed at Kitco at 3,084 USD/ounce (equivalent to about 97.3 million VND/tael converted according to Vietcombank exchange rate, excluding taxes and fees), the difference between domestic and world gold prices is about 4.6 million VND/tael.

TRAN HO HOAI

* Please visit the Economics section to see related news and articles .