Update gold price today April 28, 2025 latest in domestic market
At the time of the survey at 9:30 a.m. on April 28, 2025, domestic gold prices recorded a sharp downward trend, causing many investors to reconsider their strategies. Specifically:
SJC in Hanoi listed the buying price at 118.5 million VND/tael and the selling price at 120.5 million VND/tael, down 500 thousand VND/tael in both directions compared to yesterday.
DOJI Group also recorded a similar decrease, with buying and selling prices of VND 118.5 million/tael and VND 120.5 million/tael, respectively, down VND 500,000/tael.
At Mi Hong Jewelry Company, the gold price remained unchanged at VND117.5 million/tael for buying, while the selling price decreased by VND500,000 to VND112 million/tael.
PNJ witnessed the sharpest price decrease with a decrease of 1 million VND/tael in both buying and selling directions. The price of SJC PNJ gold bars is currently listed at 113.5 million VND/tael for buying and 116.5 million VND/tael for selling.
Vietinbank Gold only listed the selling price at 120.5 million VND/tael, down 500 thousand VND compared to yesterday.
Bao Tin Minh Chau recorded the gold buying price remaining unchanged at 118 million VND/tael, while the selling price decreased by 500 thousand VND, down to 120.5 million VND/tael.
Finally, Phu Quy could not avoid the downward trend, with a decrease of 1 million VND/tael in both directions. The current buying price is 117.5 million VND/tael and the selling price is 120 million VND/tael.
With the gold price situation today, April 28, 2025, investors need to be cautious and closely monitor market developments to make appropriate decisions. The downward trend in gold prices is creating many opportunities but also potential risks that need to be considered.
As of 9:30 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 113.5-116.0 million VND/tael (buy - sell); down 500,000 VND/tael in buying - down 500,000 VND/tael in selling compared to yesterday.
Bao Tin Minh Chau listed the price of gold rings at 116-119 million VND/tael (buy - sell); down 1 million VND/tael in both buying and selling directions compared to yesterday.
The latest gold price update table today, April 28, 2025 is as follows:
| Gold price today | ||||
|---|---|---|---|---|
| Buy | Sell | |||
| SJC in Hanoi | 118.5 | ▼500 | 120.5 | ▼500 |
| DOJI Group | 118.5 | ▼500 | 120.5 | ▼500 |
| Red Eyelashes | 118.5 | - | 120.5 | ▼500 |
| PNJ | 113.5 | ▼1000 | 116.5 | ▼1000 |
| Vietinbank Gold | 120.5 | ▼500 | ||
| Bao Tin Minh Chau | 118.0 | ▼1000 | 120.0 | ▼1000 |
| Phu Quy | 117.5 | ▼1000 | 120.0 | ▼1000 |
| 1. DOJI - Updated: April 28, 2025 09:30 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 118,500 ▼500K | 120,500 ▼500K |
| AVPL/SJC HCM | 118,500 ▼500K | 120,500 ▼500K |
| AVPL/SJC DN | 118,500 ▼500K | 120,500 ▼500K |
| Raw material 9999 - HN | 113,330 ▼500K | 115,100 ▼500K |
| Raw material 999 - HN | 113,200 ▼500K | 115,000 ▼500K |
| 2. PNJ - Updated: April 28, 2025 09:30 - Time of the source website - ▼ Compared to yesterday. | ||
| Type | Buy | Sell |
| SJC PNJ gold bars | 118,500 ▼500K | 120,500 ▼500K |
| PNJ 9999 plain gold ring | 113,500 ▼1000K | 116,500 ▼1000K |
| Kim Bao 9999 Gold | 113,500 ▼1000K | 116,500 ▼1000K |
| Gold Phuc Loc Tai 9999 | 113,500 ▼1000K | 116,500 ▼1000K |
| PNJ Gold Bar - Phuong Hoang | 113,500 ▼1000K | 116,500 ▼1000K |
| PNJ 9999 Gold Jewelry | 113,500 ▼1000K | 116,000 ▼1000K |
| PNJ 24K Gold Jewelry | 113,380 ▼1000K | 115,880 ▼1000K |
| 99 gold jewelry | 112,440 ▼990K | 114,940 ▼990K |
| 916 Gold (22K) | 103,860 ▼910K | 106,360 ▼910K |
| 18K PNJ Gold | 79,650 ▼750K | 87,150 ▼750K |
| 680 Gold (16.3K) | 71,530 ▼680K | 79,030 ▼680K |
| 650 Gold (15.6K) | 68,050 ▼650K | 75,550 ▼650K |
| 610 Gold (14.6K) | 63,410 ▼610K | 70,910 ▼610K |
| 14K PNJ Gold | 60,510 ▼590K | 68,010 ▼590K |
| 416 Gold (10K) | 40,910 ▼410K | 48,410 ▼410K |
| 375 Gold (9K) | 36,150 ▼380K | 43,650 ▼380K |
| 333 Gold (8K) | 30,930 ▼330K | 38,430 ▼330K |
| 3. SJC - Updated: April 28, 2025 09:30 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 118,500 ▼500K | 120,500 ▼500K |
| SJC gold 5 chi | 118,500 ▼500K | 120,520 ▼500K |
| SJC gold 0.5 chi, 1 chi, 2 chi | 118,500 ▼500K | 120,530 ▼500K |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 113,500 ▼500K | 116,000 ▼500K |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 113,500 ▼500K | 116,100 ▼500K |
| Jewelry 99.99% | 113,500 ▼500K | 115,400 ▼500K |
| Jewelry 99% | 110,257 ▼495K | 113,762 ▼495K |
| Jewelry 68% | 72,629 ▼340K | 78,629 ▼340K |
| Jewelry 41.7% | 42,276 ▼208K | 48.0276 ▼208K |
Update gold price today April 28, 2025 latest on the world market
At the time of trading at 09:30 on April 28, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,274.91 USD/ounce. Converted according to the USD exchange rate on the free market (26,200 VND/USD), the world gold price is equivalent to about 103.61 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (118.5-120.5 million VND/tael), the SJC gold price is currently about 16.88 million higher than the international gold price.
Asian stock markets and the US dollar had a cautious start today, April 28, 2025, as uncertainty over US trade policy has not yet subsided. US President Donald Trump claimed that there has been progress in trade negotiations with China and many other countries, but there is no concrete evidence to support this. Treasury Secretary Scott Bessent also did not support Trump's claim that tariff negotiations with China are ongoing.
Christian Keller, head of economics at Barclays, said the uncertainty is damaging to the U.S. and global economies. He warned that while the current earnings season may still be positive, many companies may be preparing for tough times until there is more clarity, increasing the likelihood of a recession.
In markets, Asia-Pacific shares outside Japan edged up 0.1%, while Japan's Nikkei rose 0.9% and South Korea's rose 0.2%. In Europe, EUROSTOXX 50 futures rose 0.3%, while FTSE and DAX both rose 0.2%. In contrast, S&P 500 futures fell 0.4% and Nasdaq futures fell 0.5%.
About 180 companies in the S&P 500 will report earnings this week, including major companies like Apple, Microsoft, Amazon, and Meta Platforms. This week also brings a lot of important economic news, including US employment, GDP, and core inflation figures. The number of jobs is expected to increase by 135,000, and inflation may ease slightly. However, GDP may be volatile as increased gold imports affect the headline figure.
Current forecasts show a 64% chance of the US Federal Reserve cutting interest rates in June and 85 basis points before the end of the year. Jonas Goltermann of Capital Economics predicts that strong jobs data will reduce expectations of a Fed easing in June, which could help the dollar recover from its three-year low.
Gold prices fell to $3,307 an ounce on the global market today, from an all-time high of $3,500 an ounce. A slight improvement in risk sentiment sent gold lower, while oil prices started calmly following concerns about a global economic slowdown and OPEC's plans to increase supply. Brent crude rose slightly to $66.98 a barrel, while US crude rose to $63.09 a barrel.
News, gold price trends today April 28, 2025 domestic and world gold prices
Gold price forecast today, April 28, 2025 shows that although gold prices have just dropped sharply, since the beginning of the year, gold prices have increased by more than 25% and 41% in the past 12 months. This makes gold still a safe choice for long-term investors. However, in the short term, many experts predict that gold prices will have an adjustment. According to a survey by Wall Street, 54% of experts believe that prices will decrease, while 46% predict that prices will increase. The survey of 316 individual investors also showed caution, with only 48% expecting prices to increase, 29% thinking that prices will decrease, and 23% thinking that prices will remain stable.
Adrian Day, chairman of Adrian Day Asset Management, said that the possibility of further concessions from the US and China in the tariff war, along with concerns about an economic recession, will put pressure on gold prices in the short term. He said that gold prices may fall, but the factors that supported gold over the past year are still in place, except for slowing demand, so this decline may not last long and not be too deep.
Kevin Grady, president of Phoenix Futures and Options, said gold has risen too fast. The price of gold has risen $500 in a short period of time without a corresponding increase in volume or open interest, indicating that many weak speculators have entered the market. This makes gold prices very volatile and vulnerable to a sharp decline. He said the current important support level is $3,000/ounce and prices may fluctuate around this level until there is concrete progress in trade negotiations.
On the contrary, Kelvin Wong, an expert at OANDA, remains optimistic about gold's upward momentum and believes that the next resistance levels are $3,670-3,750/ounce and further $3,890/ounce. Lukman Otunuga from FXTM also commented that the current profit-taking pressure does not change the supporting factors for gold. Upcoming data from the US, including GDP, inflation and employment, will strongly affect expectations about the Fed's interest rate cut roadmap, thereby affecting gold prices.
If gold falls below $3,250 an ounce, the downtrend could extend to $3,170 an ounce. Conversely, if it holds above $3,250 an ounce, the opportunity for a recovery to $3,390-$3,500 an ounce opens up. According to a Kitco News survey, most Wall Street experts are pessimistic about gold prices, with 54% predicting a drop and 46% predicting a rise.
Jesse Colombo, an independent gold analyst, said the decline last week was a healthy development. He believes that gold prices could consolidate throughout the summer and maintain support around $3,000 an ounce. Colombo said that gold prices are in the early stages of a bull cycle and that the current pullback is a normal phenomenon that occurs regularly even in the strongest bull markets. Kelvin Wong also does not believe that the gold rally is over and said that if there is no breakthrough in the US-China trade talks and the US imposes more tariffs, the possibility of instability and stagflation risks in the US will increase, weakening the USD and boosting the value of gold.
Source: https://baoquangnam.vn/gia-vang-hom-nay-28-4-2025-gia-vang-trong-nuoc-va-the-gioi-giam-manh-ve-muc-116-trieu-3153803.html
Comment (0)