Gold price update at the closing session 11. 4: Bright prospects

Khương Duy |

Gold price update closing session 11. 4: Wall Street experts positively forecast the short-term outlook for gold.

SJC gold bar price

As of 5:30 PM, SJC gold bar prices were listed by DOJI at the threshold of 169.4-172.4 million VND/tael (buying - selling), down 300,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.

SJC gold bar price was listed by Bao Tin Minh Chau at the threshold of 169.4-172.4 million VND/tael (buying - selling), down 300,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.

Diễn biến giá vàng SJC những phiên giao dịch gần đây. Biểu đồ: Khương Duy
SJC gold price movements in recent trading sessions. Chart: Khuong Duy

Phu Quy Jewelry Group listed SJC gold bar prices at the threshold of 169.4-172.4 million VND/tael (buying - selling), down 300,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.

Giá vàng miếng SJC tại một số đơn vị kinh doanh. Đơn vị: đồng/lượng. Bảng: Khương Duy
SJC gold bar price at some business units. Unit: VND/tael. Table: Khuong Duy

9999 gold ring price

As of 5:30 PM, DOJI listed the price of gold rings at the threshold of 169.4-172.4 million VND/tael (buying - selling), down 300,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at the threshold of 169.4-172.4 million VND/tael (buying - selling), down 300,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.

Diễn biến giá vàng nhẫn những phiên giao dịch gần đây. Biểu đồ: Khương Duy
Gold ring price movements in recent trading sessions. Chart: Khuong Duy

Phu Quy Jewelry Group listed the price of gold rings at the threshold of 162.5-172.2 million VND/tael (buying - selling), down 300,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.

Currently, the buying - selling price difference of gold is at a very high level, around 3 million VND/tael, posing a risk of losses for investors.

Giá vàng nhẫn trơn tại một số đơn vị kinh doanh. Đơn vị: đồng/lượng. Bảng: Khương Duy
Price of plain gold rings at some business units. Unit: VND/tael. Table: Khuong Duy

World gold price

At 5:48 PM, world gold prices were listed around the threshold of 4,747.2 USD/ounce, down 10 USD compared to the previous day.

Diễn biến giá vàng thế giới những phiên giao dịch gần đây. Biểu đồ: Khương Duy
Developments in world gold prices in recent trading sessions. Chart: Khuong Duy

Gold price forecast

After a week of strong fluctuations, world gold prices are entering a sensitive phase when the market is simultaneously affected by geopolitical factors, fluctuations in the USD and interest rate expectations in the US.

Although profit-taking pressure still appears, many opinions suggest that precious metals still have room to increase in the short term if global risks have not really subsided.

Recent surveys show that market sentiment has become more positive. A large number of Wall Street experts lean towards the scenario of gold prices going up next week, while individual investors also continue to maintain optimism.

This development reflects the belief that gold is still a prioritized safe haven channel in the context of unresolved geopolitical instability.

The driving force supporting gold prices currently comes not only from tensions in the Middle East but also from the increasing trend of gold holdings by central banks.

In addition, prolonged inflation concerns and the risk of global economic weakness also increase asset defense demand. These are factors that may continue to support gold prices in the upcoming trading sessions.

However, the market is also facing no small resistance. The recovery of the USD makes gold more expensive for investors holding other currencies.

In addition, the possibility that the US Federal Reserve (Fed) will maintain high interest rates longer than expected may put pressure on gold, as this is a non-interest-generating asset. Therefore, the upward trend of gold, if it appears, is likely not to occur in a straight line but intertwined with strong correction phases.

Mr. Kyle Rodda - an expert at Capital. com - said that the market currently lacks clear signals to establish a strong trend, as investors are still waiting for more information about the conflict and its impact on energy prices. According to this expert, in the short term, gold may continue to fluctuate in a narrow range before forming a clearer trend.

From a longer perspective, some international financial institutions still maintain a positive view on gold. Even, there are forecasts that if geopolitical instability persists, inflation is high and buying power from central banks continues to be strong, gold prices can completely move towards new highs in 2026.

In the coming week, investors will follow a series of US economic data, especially the producer price index (PPI), production surveys and the number of unemployment claims. These figures could strongly impact interest rate expectations, thereby deciding the next direction of gold prices.

Gold price data is compared to the previous day.

See more news related to gold prices HERE...

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