At the end of the session on April 28 , the price of gold bars at SJC closed at 117.5-119.5 million VND/tael (buy - sell), down 1.5 million VND/tael in both buying and selling compared to the end of the trading session last weekend.
At the end of the session, the price of SJC gold rings of 1-5 chi was listed at 112.5-115 million VND/tael (buy - sell), down 1.5 million VND/tael in both buying and selling compared to the end of last week.
The price of 9999 gold rings at Doji closed the session at 112.5-115 million VND/tael, down 1.5 million VND/tael in both buying and selling compared to the closing price last week.
The price of SJC 9999 gold this afternoon was adjusted down by another 1 million VND/tael in both buying and selling compared to this morning, to 117.5-119.5 million VND/tael (buying - selling).
This afternoon, SJC Company and Doji Gold and Gemstone Group also reduced the price of gold rings by 1 million VND/tael in both buying and selling compared to this morning, down to 112.5-115 million VND/tael (buying - selling).
Domestic gold ring prices this morning were adjusted down by brands following the trend in the world market.
Early this morning, SJC Company listed the price of gold rings of type 1-5 at only 113.5-116 million VND/tael (buy - sell), down 500 thousand VND/tael in both buying and selling compared to the closing price last week.
Doji Gold and Gemstone Group early this morning traded the price of 9999 gold rings at 113.5-116 million VND/tael (buy - sell), down 500 thousand VND/tael in both buying and selling compared to the end of the trading session last weekend.
| Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
| SJC | 112,500,000 | - 1,500,000 | 115,000,000 | - 1,500,000 |
| Doji | 112,500,000 | - 1,500,000 | 115,000,000 | - 1,500,000 |
SJC and Doji gold ring price list updated at noon on April 28
Opening the trading session on April 28 , the price of SJC 9999 gold decreased by 500 thousand VND/tael in both buying and selling compared to the closing session last weekend, to 118.5-120.5 million VND/tael (buying - selling).
| Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
| SJC HCMC | 117,500,000 | - 1,500,000 | 119,500,000 | - 1,500,000 |
| Doji Hanoi | 117,500,000 | - 1,500,000 | 119,500,000 | - 1,500,000 |
| Doji HCMC | 117,500,000 | - 1,500,000 | 119,500,000 | - 1,500,000 |
SJC and Doji gold bar price list updated at noon on April 28
The central exchange rate on April 28 announced by the State Bank was 24,960 VND/USD, up 12 VND compared to the previous trading session. The USD price at commercial banks this morning (April 28) was commonly listed at 25,810 VND/USD (buy) and 26,200 VND/USD (sell).
At 8:40 a.m. today (April 28, Vietnam time), the world spot gold price was at 3,282.4 USD/ounce, down 35.6 USD/ounce compared to the close last week. The gold futures price for June 2025 on the Comex New York floor was at 3,292 USD/ounce.
On the morning of April 28 , the world gold price converted to USD bank price was over 104.7 million VND/tael, including tax and fees, about 15.8 million VND/tael lower than the domestic gold price.
Domestic gold prices increased sharply at the beginning of the week following the world's increase. At the opening of the first trading session of the week (April 21), SJC and Doji gold prices were listed at VND115-117 million/tael (buy - sell). On April 22, SJC's 9999 gold price rose to VND122-124 million/tael.
At major gold stores such as Bao Tin Minh Chau, Phu Quy, and SJC, lines of people lined up early, creating a familiar bustling, crowded scene. In the following sessions, domestic gold prices adjusted down and increased on the weekend.
At the end of the session on April 26, the price of gold bars at SJC closed at 119-121 million VND/tael (buy - sell). The price of 1-5 chi gold rings at SJC was listed at 114-116.5 million VND/tael (buy - sell). The price of 9999 gold rings at Doji closed at 114-116.5 million VND/tael. Since the beginning of the week, the price of SJC gold bars has increased by 4 million VND/tael.
Gold prices on the Kitco floor closed the trading week at $3,318/ounce. Gold futures for June 2025 delivery on the Comex New York floor traded at $3,340/ounce.
Global gold prices rose sharply, reaching a new record high amid escalating geopolitical tensions, persistent inflation concerns and central bank buying.
Gold prices have hit new records this year, largely as investors turn to gold as a hedge against inflation and to diversify their portfolios.
After reaching an all-time high of $3,500 an ounce, the world gold price fell. The market recorded profit-taking activities by investors, in addition to the increase in the USD and bond yields, reducing the attractiveness of precious metals.
Compared to the record high price recorded during the week, the gold price closed the week down 6%.
Analysts say renewed selling pressure on gold comes as concerns about the global economy begin to subside. While there are still widespread concerns in financial markets, some economists believe economic uncertainty has peaked.
The market's current focus is on US-China trade tensions. While US President Donald Trump has claimed that his administration has begun trade talks with China, the Chinese government has denied this.
In addition, the decision on the US Federal Reserve's interest rate and the strength of the USD. If the Fed cuts interest rates and the USD weakens, gold prices are likely to be supported to increase sharply.
According to Thu Lan Nguyen, Head of FX and Commodities Research at Commerzbank, the US and China have had different statements on the issue of tariffs between the two countries.
In addition to statements from the White House, attention will now be focused on economic data from the US. If the data shows a slowdown in the economy due to US tariff policies, gold prices could quickly rebound.
Gold Price Forecast
The Kitco News Gold Survey shows that most Wall Street experts are bearish on gold prices. 46% predict gold prices will rise, 54% predict gold prices will fall. Market experts are starting to sound the alarm after the sharp rise in gold prices.
Gold’s decline last week was a healthy development, according to independent gold analyst Jesse Colombo, who said the price of gold could consolidate throughout the summer and maintain support around $3,000 an ounce.
The analyst said that gold prices are in the early stages of a rally. Pullbacks are normal and occur regularly even in the strongest bull markets. “With that in mind, I would still not sell any of my gold bars,” he said.
Kelvin Wong, senior market analyst at Oanda, said he does not believe the gold rally is over. If trade talks between the US and China fail to produce a breakthrough and the US imposes more sectoral tariffs, the likelihood of greater uncertainty and the risk of stagflation in the US will increase. This in turn will weaken the US dollar, boosting the value of gold.
According to Kelvin Wong, the next medium-term resistance levels are $3,670-3,750/ounce and $3,890/ounce.
Source: https://vietnamnet.vn/gia-vang-hom-nay-28-4-2025-sjc-va-nhan-tren-dinh-cao-2395756.html
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