At the end of the session on April 5 , the price of gold bars at SJC closed at 97.1-100.1 million VND/tael (buy - sell), down 1.7 million VND/tael in the buy direction and down 1.2 million VND/tael in the sell direction 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 97-100 million VND/tael (buy - sell), down 1.7 million VND/tael for buying and down 1.2 million VND/tael for selling compared to yesterday's closing price.
The price of 9999 gold rings at Doji closed the session at 96.7-100.1 million VND/tael, down 1.8 million VND/tael for buying and down 1.2 million VND/tael for selling compared to yesterday's closing price.
This afternoon, world gold prices stopped trading. Domestic gold prices also fluctuated little this afternoon.
Domestic gold ring prices this morning were adjusted down sharply by brands following developments in the international market.
Early this morning, SJC Company listed the price of gold rings of type 1-5 at only 97-100 million VND/tael (buy - sell), down 1.7 million VND/tael for buying and down 1.2 million VND/tael for selling compared to yesterday's closing price.
This morning, Doji Gold and Gemstone Group reduced the price of 9999 gold rings to 96.7-100.1 million VND/tael (buy - sell), down 1.8 million VND/tael for buying and down 1.2 million VND/tael for selling compared to yesterday's closing price.
| Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
| SJC | 97,000,000 | - 1,700,000 | 100,000,000 | - 1,200,000 |
| Doji | 96,700,000 | - 1,800,000 | 100,100,000 | - 1,200,000 |
SJC and Doji gold ring price list updated on the morning of April 5
Opening the trading session on April 5 , the price of SJC 9999 gold decreased by 1.7 million VND/tael for buying and 1.2 million VND/tael for selling compared to the closing price of yesterday's trading session, to 97.1-100.1 million VND/tael (buying - selling).
The price of 9999 gold was listed by Saigon Jewelry Company Limited (SJC) at 8:42 a.m. and the price of 9999 gold was listed by Doji Jewelry Group at 9:01 a.m. as follows:
| Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
| SJC HCMC | 97,100,000 | - 1,700,000 | 100,100,000 | - 1,200,000 |
| Doji Hanoi | 97,100,000 | - 1,700,000 | 100,100,000 | - 1,200,000 |
| Doji HCMC | 97,100,000 | - 1,700,000 | 100,100,000 | - 1,200,000 |
SJC and Doji gold bar price list updated on the morning of April 5
The central exchange rate on April 5 announced by the State Bank was 24,886 VND/USD, unchanged from the previous trading session. The USD price at commercial banks this morning (April 5) was commonly listed at 25,570 VND/USD (buy) and 25,960 VND/USD (sell).
At 9:00 a.m. today (April 5, Vietnam time) , the world spot gold price was at 3,036.8 USD/ounce, down 40.2 USD/ounce compared to last night. The price of gold futures for June 2025 on the Comex New York floor was at 3,035.4 USD/ounce.
On the morning of April 5 , the world gold price converted to USD bank price was over 95.9 million VND/tael, including tax and fees, about 4.2 million VND/tael lower than the domestic gold price.
At the end of the session on April 4, the price of gold bars at SJC closed at 98.8-101.3 million VND/tael (buy - sell), down 700 thousand VND/tael for buying and 900 thousand VND/tael for selling compared to the previous trading session.
The price of 1-5 chi SJC gold rings is listed at 98.7-101.2 million VND/tael (buy - sell), down 700 thousand VND/tael for buying and 800 thousand VND/tael for selling compared to the previous day's closing price.
The price of 9999 gold rings at Doji closed the session at 98.5-101.3 million VND/tael, down 800 thousand VND per tael for buying and 900 thousand VND per tael cheaper for selling compared to the previous day's closing price.
Today's gold price on Kitco at 8:15 p.m. (April 4, Vietnam time) was trading at $3,077/ounce, down 1.21% from the beginning of the session. Gold futures for June 2025 delivery on the Comex New York floor were trading at $3,094/ounce.
The US Dollar Index (DXY), which measures the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), stood at 102.23 points.
Nymex crude oil futures also fell sharply, trading around $66.25 a barrel. The yield on the 10-year US Treasury note is currently around 4.05%.
Gold prices fell sharply after US President Donald Trump announced expanded import tariffs in a Rose Garden speech. The US president outlined plans to increase tariffs on many trading partners, escalating global trade tensions.
Canada, China, the European Union and other countries immediately prepared retaliatory measures, raising concerns about global economic growth and international inflation.
China announced that it will impose a 34% tariff on all goods imported from the US starting April 10, a move in response to the new tariff policy recently announced by the US President.
South Korea, Mexico, India and several other countries said they would try to negotiate trade deals with the United States before the tariffs take effect on April 9.
Gold prices fell after hitting a new record high, supported by geopolitical and economic tensions, as well as a weaker dollar and rising inflation expectations that have pushed real yields lower, said Ole Hansen, head of commodity strategy at Saxo Bank.
Meanwhile, analysts at TD Securities said that if tariffs remain in place, inflation will remain high for at least the next two months, which is bad news for the US Federal Reserve (Fed). According to TD Securities' calculations, CPI inflation could spike to at least 3.5%.
Traders had been betting that the Fed would cut rates at least three times this year. However, with higher tariffs pushing up import costs, concerns have been raised that inflation is returning, which would prevent the Fed from cutting rates if the economy struggles.
Gold Price Forecast
Investors are selling profitable investments, and in the long run, they are still looking for safe assets, including gold, said Peter Grant, metals strategist at Zaner Metals.
Central banks are expected to continue buying gold to diversify foreign exchange reserves and reduce dependence on the US dollar, due to risks from President Trump's policies.
According to David Meger, director of metals trading at High Ridge Futures, the drop in gold prices is just a temporary correction before continuing to rise.
Gold prices are on track for a fifth straight weekly gain. Commodity analysts at RBC Capital Markets have raised their average gold price forecast to $3,039 an ounce this year and $3,195 an ounce next year.
RBC sees gold’s upside potential as solid. With the market so stretched, the potential for gold to test support around $2,821 an ounce is there. Gold needs a new catalyst to push higher.
Source: https://vietnamnet.vn/gia-vang-hom-nay-5-4-2025-sjc-va-nhan-giam-manh-2388064.html
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