At the end of the session on April 29 , the price of gold bars at SJC closed at 119.3-121.3 million VND/tael (buy - sell), an increase of 1.8 million VND/tael in both buying and selling compared to the end of yesterday's trading session.

At the end of the session, the price of SJC gold rings of 1-5 chi was listed at 114-116.5 million VND/tael (buy - sell), an increase of 1.5 million VND/tael in both buying and selling compared to the end of yesterday's session.

The price of 9999 gold rings at Doji closed the session at 114-116.5 million VND/tael, also increasing by 1.5 million VND/tael in both buying and selling compared to yesterday's closing price.

At 10:00 a.m. , the price of SJC 9999 gold increased by 500,000 VND/tael in both buying and selling compared to early this morning, trading at 119.3-121.3 million VND/tael (buying - selling). Thus, this morning SJC Company increased 1.8 million VND/tael of gold bars.

Domestic gold ring prices this morning were also adjusted up by brands following developments in the world market.

Early this morning, SJC Company listed the price of gold rings of type 1-5 at only 114-116.5 million VND/tael (buy - sell), an increase of 1.5 million VND/tael in both buying and selling compared to yesterday's closing price.

Doji Gold and Gemstone Group early this morning also traded the price of 9999 gold rings at 114-116.5 million VND/tael (buy - sell), an increase of 1.5 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 114,000,000 + 1,500,000 116,500,000 + 1,500,000
Doji 114,000,000 + 1,500,000 116,500,000 + 1,500,000

                              SJC and Doji gold ring price list updated on the morning of April 29

Previously, at the opening of the April 29 trading session, the price of SJC 9999 gold increased by 1.3 million VND/tael in both buying and selling prices compared to the closing price of yesterday's trading session, to 118.8-120.8 million VND/tael (buying - selling).

Buy (VND/tael) Increase/decrease Sell ​​(VND/tael) Increase/decrease
SJC HCMC 119,300,000 + 1,800,000 121,300,000 + 1,800,000
Doji Hanoi 118,800,000 + 1,300,000 120,800,000 + 1,300,000
Doji HCMC 118,800,000 + 1,300,000 120,800,000 + 1,300,000

                          SJC and Doji gold bar price list updated at 10am April 29

The central exchange rate on April 29 announced by the State Bank was 24,956 VND/USD, down 4 VND compared to the previous trading session. The USD price at commercial banks this morning (April 29) was commonly listed at 25,790 VND/USD (buy) and 26,180 VND/USD (sell).

At 8:42 a.m. today (April 29, Vietnam time) , the world spot gold price was at 3,330.9 USD/ounce, up 42.9 USD/ounce compared to last night. The price of gold futures for June 2025 on the Comex New York floor was at 3,340.8 USD/ounce.

On the morning of April 29 , the world gold price converted to USD bank price was over 106.1 million VND/tael, including tax and fees, about 14.7 million VND/tael lower than the domestic gold price.

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 directions compared to the end of the trading session last weekend.

The price of SJC 1-5 chi gold rings is listed at 112.5-115 million VND/tael (buy - sell), down 1.5 million VND/tael compared to the closing price 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 compared to the closing price last week.

The price of gold on the Kitco floor at 8:00 p.m. (April 28, Vietnam time) was trading at $3,288/ounce, down 0.88% from the beginning of the session. The price of gold futures for June 2025 delivery on the Comex New York floor was trading at $3,299/ounce.

World gold prices fell slightly at the beginning of the trading session in the US. According to experts, the precious metal market is pausing to start the trading week and waiting for new news developments.

Asian and European stock markets traded in opposite directions yesterday. US stock indexes fell slightly at the open. The overall market remained risk-averse at the start of the new week.

The US Dollar Index (DXY), which measures the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), stood at 99.43 points.

Nymex crude oil futures were slightly weaker at around $62.75 a barrel. The yield on the benchmark 10-year U.S. Treasury note is currently at 4.274%.

Trade tensions between the U.S. and China continue to weigh on the gold market. A Chinese official said late last week that the U.S. should cancel unilateral tariffs on China if it wants to resolve trade issues between the two countries.

According to He Yadong, a spokesman for the Ministry of Commerce, China and the United States are not currently negotiating and the United States must show sincerity if it wants to negotiate.

gold price - buy and sell gold-10.jpg
Domestic gold prices decrease. Photo: Thach Thao

Shipments from China to the US have plummeted 60% since the US raised tariffs to 145% in April, according to brokerage SP Angel. Meanwhile, President Trump has said new tariffs on China could come in the next 2-3 weeks.

Another important piece of news this week is the Federal Reserve's preferred inflation measure, the personal consumption expenditures (PCE) price index. Economists expect the core PCE index, which excludes food and energy, to have risen 2.5% in March.

The PCE data is released about a week before the Fed's May meeting. Economists expect no change in interest rates at the upcoming meeting.

Gold Price Forecast

Gold prices are volatile at the top and the risk of a pullback is increasing, said Alex Kuptsikevich, senior market analyst at FxPro.

Last week, gold prices rose 5% in the first 30 hours of the trading week, hitting a key level of $3,500 an ounce before falling sharply to $3,260 an ounce in the next 30 hours. "The price then stabilized at $3,340 an ounce."

According to Kuptsikevich, if the price falls below $3,300/ounce, profit-taking may increase. A sell-off is likely to follow the sharp rise, pushing the price of gold below $3,000/ounce.

He also pointed to a medium-term scenario. The recent sharp decline may have paved the way for a new move higher, but the tariff news and geopolitical tensions are strong enough to overwhelm the entire technical picture.

Bob Haberkorn, senior commodities broker at RJO Futures, said the potential for a sell-off in gold remains. He expects new buyers and existing holders to push gold prices back up.

“If you look at the technical indicators, gold will fall further,” he said. There may be some new buyers coming in at around $3,100 an ounce. There is pent-up demand and a lot of buyers who want to add to their positions in the gold market.

In the coming time, Haberkorn believes that gold prices are likely to fluctuate within the current range. Gold prices may fall below $3,200/ounce.

Source: https://vietnamnet.vn/gia-vang-hom-nay-29-4-2025-bien-dong-o-dinh-se-xuat-hien-dot-ban-thao-2396182.html