Gold price today (afternoon of April 30): SJC gold remains at a high level - Lang Son Newspaper and Radio and Television

As of noon on April 30, SJC gold of Saigon Jewelry Company (SJC), DOJI Jewelry Group, and Bao Tin Minh Chau was simultaneously bought at 119.3 million VND/tael and sold at 121.3 million VND/tael, unchanged from yesterday.

Meanwhile, Phu Quy Gold and Gemstone Group bought SJC gold bars at VND118.3 million/tael; sold at VND121.3 million/tael, stable compared to yesterday.

PNJ brand gold rings in Hanoi and Ho Chi Minh City are being bought at 114 million VND/tael; sold at 117 million VND/tael, stable compared to yesterday.

Gold price today (afternoon of April 30): SJC gold remains high, trading at 119.3 - 121.3 million VND/tael (buy - sell). Illustrative photo

Thus, in the past month (from March 30 to April 30), Domestic gold price increased by 20.9 million VND/tael for buying; increased by 20.6 million VND/tael for selling. Accordingly, SJC gold buying price increased from 98.4 million VND/tael to 119.3 million VND/tael; selling price increased from 100.7 million VND/tael to 121.3 million VND/tael.

In the international market, the world gold price decreased by 13.4 USD/ounce compared to the previous trading session to 3,303.3 USD/ounce. The world gold price reversed to decrease on the morning of April 30 in the context of the US-China trade tension showing signs of "cooling down". Currently, the market is waiting for the US economic data to be released this week to have more information about the monetary policy roadmap of the Federal Reserve (Fed).

Gold prices appear to be building solid resistance at $3,000 an ounce, said Bernard Dahdah, a commodities analyst at Natixis. He advised gold investors to pay attention to Chinese demand.

According to US Global Investor trading team leader Michael Matousek, the alternating up-down and down-up adjustments after gold reached $3,500/ounce are normal for the market.

Mr. Michael Matousek predicted that gold could rise to $3,590/ounce and potentially rise to $3,800/ounce by the end of the year. Mr. Marc Chandler - CEO of Bannockburn Global Forex commented: "The weak USD has overwhelmed the impact of high interest rates, pushing gold to a new peak. The next target could be $3,300, even $3,500/ounce in the medium term."

Source: https://baolangson.vn/gia-vang-hom-nay-chieu-30-4-vang-sjc-duy-tri-o-muc-cao-5045678.html