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Gold price on April 18, 2025: Domestic and world gold prices suddenly increased to 125 million VND/tael

Gold price this afternoon, April 18, 2025: Domestic and world gold prices suddenly increased sharply to a new record after a morning of pausing the increase to take profits. Specifically, Ngoc Tham gold price increased sharply by 5 million VND, bringing gold to a peak of 125 million VND/tael.

Báo Nghệ AnBáo Nghệ An18/04/2025

Domestic gold price today April 18, 2025

At the time of survey at 12:00 on April 18, 2025, domestic gold prices suddenly broke through to a new peak, after a morning of profit-taking. Specifically:

DOJI Group listed the price of SJC gold bars at 117-120 million VND/tael (buy - sell), an increase of 1.5 million VND/tael for buying - an increase of 2 million VND/tael for selling compared to yesterday.

At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 117-120 million VND/tael (buy - sell), an increase of 1.5 million VND/tael for buying - an increase of 2 million VND/tael for selling compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 119.5-122.5 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 1.5 million VND/tael for both buying and selling compared to yesterday.

SJC gold price at Ngoc Tham Jewelry Company Limited was traded by businesses at the highest level of 113-125 million VND/tael (buying - selling, increased 1 million VND/tael in buying direction - increased 5 million VND/tael in selling direction compared to yesterday.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 117-120 million VND/tael (buying - selling, up 1.5 million VND/tael in buying - up 2 million VND/tael in selling compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 116-119 million VND/tael (buy - sell), gold price increased by 1.5 million VND/tael in buying direction - increased by 2 million VND/tael in selling direction compared to yesterday.

Gold price on April 18: Unexpectedly increased to 125 million VND

As of 12:00 today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 115-118.5 million VND/tael (buy - sell); an increase of 500 thousand VND/tael in buying - an increase of 1 million VND/tael in selling compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 116.5-119.5 million VND/tael (buy - sell); an increase of 1.5 million VND/tael in both buying and selling directions compared to yesterday.

The latest gold price list today, April 18, 2025 is as follows:

Gold price today
April 18, 2025
(million dong)
Difference
(thousand dong/tael)
Buy
Sell
Buy
Sell
SJC in Hanoi
117 120
+1500 +2000
DOJI Group
117
120
+1500
+2000
Red Eyelashes
119.5 122.5
+1500 +1500
PNJ
117
120
+1500 +2000
Vietinbank Gold
120

+2000
Bao Tin Minh Chau
117
120
+1500 +2000
Phu Quy 116 119
+1500 +2000
1. DOJI - Updated: April 18, 2025 12:00 - Source website time - ▼/▲ Compared to yesterday.
Type
Buy Sell
AVPL/SJC HN 117,000 ▲1500K 120,000 ▲2000K
AVPL/SJC HCM 117,000 ▲1500K 120,000 ▲2000K
AVPL/SJC DN 117,000 ▲1500K 120,000 ▲2000K
Raw material 9999 - HN 114,800 ▲500K 117,600 ▲1000K
Raw material 999 - HN 114,700 ▲500K 117,500 ▲1000K
2. PNJ - Updated: April 18, 2025 12:00 - Time of the source website - ▼/▲ Compared to yesterday.
Type Buy Sell
SJC 999.9 gold bar 11,700 12,000
PNJ 999.9 Plain Ring 11,400 11,700
Kim Bao Gold 999.9 11,400 11,700
Gold Phuc Loc Tai 999.9 11,400 11,700
999.9 gold jewelry 11,350 11,600
999 gold jewelry 11,338 11,588
9920 jewelry gold 11,267 11,517
99 gold jewelry 11,244 11,494
750 Gold (18K) 8,070 8,715
585 Gold (14K) 6.156 6.801
416 Gold (10K) 4,196 4,841
PNJ Gold - Phoenix 11,400 11,700
916 Gold (22K) 10,386 10,636
610 Gold (14.6K) 6,446 7,091
650 Gold (15.6K) 6.910 7.555
680 Gold (16.3K) 7,258 7,903
375 Gold (9K) 3,720 4.365
333 Gold (8K) 3,198 3,843
3. SJC - Updated: April 18, 2025 12:00 - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG 117,000 ▲1500K 120,000 ▲2000K
SJC gold 5 chi 117,000 ▲1500K 120,020 ▲2000K
SJC gold 0.5 chi, 1 chi, 2 chi 117,000 ▲1500K 120,030 ▲2000K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi 114,000
117,000
SJC 99.99% gold ring 0.5 chi, 0.3 chi 114,000
117,100
Jewelry 99.99% 114,000
116,400
Jewelry 99% 110,747
115,247
Jewelry 68% 73,810
79,310
Jewelry 41.7% 43,194
48,694

World gold price today April 18, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 12:00 today, Vietnam time, was 3,326.63 USD/ounce. Today's gold price decreased by 17.01 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,100 VND/USD), the world gold price is about 105.72 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 14.28 million VND/tael higher than the international gold price.

World gold prices fell slightly today as many investors took advantage of the opportunity to take profits yesterday after gold prices hit a new peak, surpassing the threshold of 3,350 USD/ounce. Financial markets are closed for the Easter holiday, so there will be no other fluctuations in world gold prices today.

Despite selling pressure, gold prices have maintained a solid support level around $3,300/ounce. As of the end of the week, spot prices stood at $3,316.90/ounce, up nearly 2.5% for the week. Expert David Morrison of Trade Nation emphasized that gold prices have increased by 13%, equivalent to $360 in just one week, so it is understandable that prices have started to correct.

Gold’s recent rally has also been aided by the weakness of the US dollar, which is at a three-year low – the DXY index closed the week at 99.49. The dollar is losing strength, which will continue to boost gold prices, according to Christopher Vecchio of Tastylive.com. He believes that President Trump’s unpredictable trade policies are weakening the US’s position in the global market.

What is currently causing investors a headache is that it is difficult to determine a "reasonable" price for gold when the rally is so fast and strong. Gold is still favored by investors amid concerns about a global recession and the US-China trade tensions that show no signs of easing. However, Otunuga also warned that gold prices are currently overbought, and may be about to enter a technical correction phase.

Ole Hansen, head of commodity strategy at Saxo Bank, agrees that a major correction is coming sooner rather than later, but he says it’s unlikely to happen anytime soon, given the uncertainty surrounding the move, especially after former President Trump’s recent tweets criticizing Federal Reserve Chairman Jerome Powell.

Meanwhile, Mr. Powell’s speech at the Economic Club of Chicago maintained a neutral stance, although he acknowledged that inflation was trending up again. The sharp contrast with the European Central Bank (ECB), which has just cut interest rates and forecasts further easing in the coming period, added to the market’s uncertainty.

Darin Newsom, an analyst at Barchart.com, on the other hand, still believes that gold prices will continue to rise. He believes that the market is currently operating on algorithms that react quickly to statements from leaders, and that the US President often makes sensational statements that cause the market to react strongly. He asserts that the long-term trend of the US stock market is down, while the price of gold is up.

In other precious metals markets, silver, platinum and palladium all fell, with silver down 1% to $32.43 an ounce, platinum down 0.2% to $965.46 and palladium down 1.4% to $958.26.

Gold Price Forecast

Citi Research has raised its gold price forecast for the second quarter from $3,200 to $3,500 an ounce, citing strong demand from Chinese insurance companies and investors seeking safe havens amid escalating US-China trade tensions and weakening financial markets.

According to the latest weekly gold price survey from Kitco News, both experts and individual investors are starting to be more cautious about the gold price outlook, especially when gold has surpassed the $3,300/ounce mark.

Of the 16 analysts who participated this week, 10 (63%) said gold prices would continue to rise next week, 4 (25%) predicted a fall, and the remaining 2 (12%) believed prices would remain flat. On the retail side, 312 people participated in the online survey. Of these, 63% expected gold prices to continue to rise, 18% predicted a fall, and 19% said prices would stabilize around current levels.

However, many experts believe that the gold price rally is not over yet. Adrian Day, chairman of Adrian Day Asset Management, said that the momentum for the price increase is still strong, especially in the context of the volatile stock market. The reasons that investors have bought gold over the past two years are still intact.

Marc Chandler, CEO of Bannockburn Global Forex, predicts that gold may temporarily correct to around $3,250 to “gain momentum,” then continue to rise to a new target of $3,500. He believes that buying on corrections is still a good choice in the current global economic context.

Other experts, such as James Stanley of Forex.com, remain optimistic. According to him, although it is difficult to “catch up” the current rapid increase, there is no clear sign that the upward trend in gold prices has ended.

Sean Lusk, chief strategist at Walsh Trading, said that gold is still strongly supported by safe-haven demand. According to him, gold prices are receiving great attention from individual investors, speculators and central banks. Lusk expects gold to reach the next level of $3,434 if there are no major fluctuations from the US and China.

In particular, he commented that Fed Chairman Jerome Powell’s recent speech was more “hawkish” than expected, when he said that the US labor market is very strong and there is no sign of a recession. This shows that the Fed is not in a hurry to cut interest rates, and the market will need time to assess the full impact of new tax policies.

Source: https://baonghean.vn/gia-vang-ngay-18-4-2025-gia-vang-trong-nuoc-va-the-gioi-bat-ngo-tang-len-den-125-trieu-dong-luong-10295389.html


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