Illustration photo. Photo: Internet
Recorded at 9:10 a.m., the price of gold bars listed by Saigon Jewelry Company SJC and DOJI Group was at 119.5 - 121.5 million VND/tael (buy - sell), corresponding to an increase of 1 million VND/tael for buying and 500,000 VND/tael for selling compared to the end of the previous session.
At Bao Tin Minh Chau, the price of gold bars and gold rings this morning was listed at 117.5 - 120.5 million VND/tael (buy - sell), up 500,000 VND/tael in both buying and selling directions compared to the closing price yesterday.
The price of SJC gold rings is currently at 114 - 117 million VND/tael (buy - sell), an increase of 500,000 VND/tael in both directions compared to the end of the previous session.
In the international trading session on April 24, the world gold price recovered after plunging more than 3% in the previous session, supported by the weakening momentum of the USD and the buying power of investors returning to the market.
Specifically, the spot gold price increased by 1.4%, reaching 3,333.90 USD/ounce. Meanwhile, in the session on April 22, the precious metal broke out to a record 3,500.05 USD/ounce due to concerns about the US economic outlook.
However, the recovery of gold prices was quickly restrained after US President Donald Trump withdrew his statement about firing the Fed Chairman and took a more moderate stance on trade issues with China.
At the close of trading, gold futures in the US market increased by 1.7% to $3,348.60/ounce. Independent trader Tai Wong assessed that issues related to tariffs are currently the main factor dominating market sentiment.
Expert Wong also emphasized that the peak of $3,500/ounce is not sustainable and the market needs to adjust. According to him, gold prices will fluctuate within a narrow range in the short term, but the upward trend is still maintained.
Source: https://doanhnghiepvn.vn/kinh-te/gia-vang-ngay-25-4-tang-500-000-dong-luong/20250425100253504
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