Gold price today (April 4): Domestic price increases, world price decreases - Lang Son Newspaper and Radio and Television Station

Gold price today (April 4): President Trump's tax decree has caused the financial market to "shake", forcing investors to close gold positions to offset losses from other assets.

End of April 3, The price of domestic gold bars continues to increase. Currently, gold brands are buying at 99.5 million VND/tael and selling at 102.2 million VND/tael. Phu Quy SJC Gold and Bao Tin Minh Chau are buying at 500,000 VND lower than other brands.

Similarly, the price of gold rings of various brands was also adjusted up. Specifically, the price of SJC 9999 gold rings was adjusted up by VND500,000 in both directions to VND99.4 million/tael for buying and VND102 million/tael for selling, respectively.

Domestic gold prices increase. Photo: nld.com.vn

DOJI in Hanoi and Ho Chi Minh City markets kept the buying price the same as yesterday morning at 98.7 million VND/tael but increased the selling price by 800,000 VND to 102.2 million VND/tael.

PNJ brand gold ring price is listed at 99.5 million VND/tael and 102.2 million VND/tael, up 400,000 VND in both directions.

Bao Tin Minh Chau listed the price of plain round gold rings at 99.1 million VND/tael for buying and 102.3 million VND/tael for selling, an increase of 300,000 VND for buying price and 500,000 VND for selling price.

Phu Quy SJC is buying gold rings at 99 million VND/tael and selling at 102.3 million VND/tael, up 300,000 VND and 600,000 VND respectively.

Domestic gold bar prices updated at 5:30 am on April 4 as follows:

Yellow	Area	Early morning 3-4				Early morning of April 4			Difference
		Buy	Sell out			Buy	Sell out		Buy	Sell out
		Unit of measurement: Million VND/tael							Unit of measurement: Thousand dong/tael
DOJI	Hanoi	99.1		101.8		99.5		102.2	+400	+400
	Ho Chi Minh City	99.1		101.8		99.5		102.2	+400	+400
SJC	Ho Chi Minh City	99.1		101.8		99.5		102.2	+400	+400
	Hanoi	99.1		101.8		99.5		102.2	+400	+400
	Da Nang	99.1		101.8		99.5		102.2	+400	+400
PNJ	Ho Chi Minh City	99.1		101.8		99.5		102.2	+400	+400
	Hanoi	99.1		101.8	99.5			102.2	+400	+400
Bao Tin Minh Chau	Nationwide	99.1		101.8	99			102.2	-100	+400
Phu Quy SJC	Nationwide	98.7		98.7	99			102.2	+300	+500

World gold price today

World gold prices fell, with spot gold falling $16.8 to $3,115.7 an ounce. Gold futures last traded at $3,121.7 an ounce, down $44.5 from early yesterday morning.

According to traders, the price drop in the last trading session was due to investors taking profits and selling gold to offset losses from other assets.

While some investors are selling to reduce their leveraged positions, others are seeing the decline as a buying opportunity, said Peter Grant, vice president and senior metals strategist at Zaner Metals. Grant said investors will continue to seek safe havens, and gold is one such asset.

US President Donald Trump’s tariffs have sent financial markets tumbling on fears they could slow economic growth and fuel inflation, but the overall trajectory of gold appears intact, with prices up more than $500 this year.

High Ridge Futures director of metals trading David Meger called gold's move “a pullback or retracement in a sideways trend to an uptrend.”

Central banks are expected to help sustain gold's rally this year by increasing their holdings to further diversify reserves away from the US dollar due to risks stemming from President Donald Trump's policies, analysts say.

World gold prices fall. Photo: Getty Images

Central bank buying and strategic fund flows into the metal will push prices higher, reaching $3,200 an ounce in the next six months, analysts at ANZ said.

The widespread tensions caused by tariffs have created deep uncertainty in financial markets and gold is the asset that is benefiting, according to independent analyst Ross Norman.

Predicting how much higher gold will go is difficult when prices are at all-time highs, but Norman said there is clear momentum. The fact that investors are still buying as prices fall confirms that fundamental sentiment remains strong.

Meanwhile, HSBC experts believe that a combination of physical and financial market factors could put pressure on gold by the end of 2025. The bank forecasts an average price this year of $3,015 an ounce.

With the domestic gold bar price increasing and the world gold price listed at Kitco at 3,115.7 USD/ounce (equivalent to about 97.6 million VND/tael converted according to Vietcombank exchange rate, excluding taxes and fees), the difference between the domestic and world gold prices is about 4.6 million VND/tael.

Source: https://baolangson.vn/gia-vang-hom-nay-4-trong-nuoc-tang-the-gioi-quay-dau-giam-5043095.html