Today (April 22), world gold prices increased rapidly, setting a new peak.

At 11:36 a.m. today (April 22, Vietnam time), the world spot gold price was at 3,481 USD/ounce. The gold futures price for June 2025 on the Comex New York floor was at 3,491 USD/ounce.

The world gold price converted to the bank's USD price is nearly 110.6 million VND/tael, including taxes and fees, about 11.9 million VND/tael lower than the domestic gold price.

Following the same trend, domestic gold prices today were also adjusted to increase sharply, to the highest level ever.

The price of SJC 9999 gold this morning was adjusted to 120.5-122.5 million VND/tael (buy - sell), an increase of 4.5 million VND/tael in both buying and selling compared to the end of yesterday's trading session.

Buy (VND/tael) Increase/decrease Sell ​​(VND/tael) Increase/decrease
SJC HCMC 120,500,000 + 4,500,000 122,500,000 + 4,500,000
Doji Hanoi 120,500,000 + 4,500,000 122,500,000 + 4,500,000
Doji HCMC 120,500,000 + 4,500,000 122,500,000 + 4,500,000

SJC and Doji gold bar price list updated on the morning of April 22

Gold ring prices today are also adjusted to increase rapidly by brands.

This morning, SJC Company raised the price of 1-5 chi gold rings to 116.5-119.5 million VND/tael (buy - sell), an increase of 3.5 million VND/tael in both buying and selling compared to the end of yesterday's trading session.

Similarly, Doji Gold and Gemstone Group this morning also raised the price of 9999 gold rings to 116.9-119 million VND/tael (buy - sell), an increase of 3.4 million VND/tael in the buying direction and 2 million VND/tael more expensive in the selling direction compared to yesterday's closing price.

Buy (VND/tael) Increase/decrease Sell ​​(VND/tael) Increase/decrease
SJC 116,500,000 + 3,500,000 119,500,000 + 3,500,000
Doji 116,900,000 + 3,400,000 119,000,000 + 2,000,000

SJC and Doji gold ring price list updated on the morning of April 22

At the end of the session on April 21, the price of gold bars at SJC closed at 116-118 million VND/tael (buy - sell), an increase of 4 million VND/tael in both directions compared to the closing price of last weekend.

The price of 1-5 chi SJC gold rings is listed at 113-116 million VND/tael (buy - sell), increasing by 3.5 million VND/tael and 2.5 million VND/tael in buying - selling respectively.

The price of 9999 gold rings at Doji also closed the session at 113.5-117 million VND/tael, an increase of 4 million VND/tael in buying and 3.5 million VND/tael in selling compared to last weekend.

Today's gold price on Kitco (at 8:00 p.m., April 21, Vietnam time) was trading at $3,410/ounce, up 2.5% from the beginning of the session. Gold futures for June 2025 delivery on the Comex New York floor were trading at $3,420/ounce.

Comex gold futures for June delivery continued to rise sharply, hitting a new record high. Increased risk aversion has boosted safe-haven demand for the precious metal. Gold prices have increased more than 27% since the beginning of the year due to its role as an effective hedge against political and economic uncertainties and inflationary pressures.

The US-China trade tensions continue to escalate. On April 21, the Chinese Ministry of Commerce announced that it respects efforts to resolve disputes through equal consultation with all parties.

However, Beijing also warned that it would take “resolute and reciprocal” countermeasures if any country signed a trade deal with the US that harmed China’s interests.

China is facing tariffs of up to 145%, and even 245% on some goods. In response, Beijing has imposed tariffs of up to 125% on goods imported from the US.

On April 15, China adjusted the reference rate of the yuan to its lowest level since September 2023. This move is seen as a direct response to pressure from US trade policy, raising concerns about the risk of a currency war.

gold price pham hai.jpg
Domestic gold prices increase sharply. Photo: Pham Hai

Meanwhile, the dollar has fallen nearly 10% from its mid-January peak to a three-year low against a basket of major currencies. Tariffs imposed under President Donald Trump have reignited fears of inflation and recession, sapping investor confidence in the greenback.

The US Dollar Index (DXY) - a measure of the strength of the USD against six other major currencies (EUR, JPY, GBP, CAD, SEK, CHF) - stood at 98.12 points.

On the Nymex floor, crude oil futures were trading around $63 a barrel, while the yield on 10-year US Treasury bonds remained at 4.366%.

Gold Price Forecast

Escalating geopolitical concerns, US-China trade tensions and global market turmoil have investors flocking to gold as a safe haven, according to Yeap Jun Rong, market strategist at IG.

In addition, strong buying demand from central banks, along with Mr. Trump's continuous criticism of the Chairman of the US Federal Reserve (Fed) - Mr. Jerome Powell, are also factors contributing to supporting gold prices. Mr. Yeap Jun Rong commented that gold prices could reach the mark of 3,500 USD/ounce.

ABC Refinery expert Nicholas Frappell also said that the tariff uncertainty, combined with the tough stance from the US government, could damage the global supply chain - a factor that continues to drive the gold price up. According to him, if the instability persists, the price of the precious metal will increase sharply.

ANZ Bank said that hedging activity in gold has not increased significantly, suggesting that the potential for price increases remains. ANZ raised its year-end gold price forecast to $3,600 an ounce and its forecast for the next six months to $3,500 an ounce.

Gold price hits new peak, experts warn of risk of 'going broke' in next 5 years Contrary to optimistic forecasts about gold price prospects, Jon Mills, analyst at Morningstar, warns of risk of 'going broke' in next 5 years.

Source: https://vietnamnet.vn/gia-vang-hom-nay-22-4-2025-sjc-tang-toc-nguoi-mua-nuoi-tiec-2393645.html