Gold price April 28: Decreased across the board

DNVN - Following the downward trend in the Asian market, domestic gold prices in the morning session of April 28 also witnessed a simultaneous decline.

Illustration photo. Photo: Internet

Specifically, at 9:10 a.m., Bao Tin Minh Chau Company listed the price of gold bars and gold rings at around 116 - 119 million VND/tael (buy - sell), down 1 million VND/tael in both buying and selling directions compared to the closing price at the end of last week (April 26).

Meanwhile, Saigon Jewelry Company SJC and DOJI Group also listed gold bar prices at 118.5 - 120.5 million VND/tael (buy - sell), down 500,000 VND/tael in both buying and selling directions compared to the trading session ending at the end of the week.

In addition, Saigon Jewelry Company SJC also listed the price of gold rings at 113.5 - 116 million VND/tael (buy - sell), down 500 thousand VND/tael in both buying and selling compared to the weekend.

On the morning of April 28, the Asian gold market recorded a downward trend as investors maintained a cautious sentiment, waiting for economic stimulus measures from China and new developments in trade negotiations with the US.

In detail, spot gold price decreased 0.5% to 3,304.49 USD/ounce.

In April, gold prices rose more strongly than many other assets, as the trade war sparked by US tax policies upset the world economic order, causing investors to flock to gold as a safe haven.

Although gold hit a new record high last week, the price of the precious metal has now fallen more than 5% from last week's high, due to signs that trade tensions are gradually easing.

Cao Thong

Source: https://doanhnghiepvn.vn/kinh-te/gia-vang-ngay-28-4-dong-loat-giam/20250428094705538