Gold price update closing session 1. 4: Domestic gold prices increase slower than world prices

SJC gold bar price

As of 7:15 PM, SJC gold bar prices were listed by Bao Tin Minh Chau at the threshold of 173.5-176.7 million VND/tael (buying - selling), an increase of 1.8 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3.2 million VND/tael.

Phu Quy Jewelry Group listed SJC gold bar prices at the threshold of 173.7-176.7 million VND/tael (buying - selling), an increase of 2 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.

9999 gold ring price

As of 7:15 PM, Bao Tin Minh Chau listed the price of gold rings at 173-176 million VND/tael (buying - selling), an increase of 2 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.

Phu Quy Gold and Gems Group listed the price of gold rings at 173.5-176.5 million VND/tael (buying - selling), an increase of 1.8 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 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.

World gold price

At 7:15 PM, world gold prices were listed around the threshold of 4, 742.8 USD/ounce, up 186.7 USD compared to the previous day.

Gold price forecast

World gold prices are showing very unpredictable developments when they rebounded sharply after a period of deep decline. In the latest trading session, the precious metal increased significantly as the USD cooled down and US Treasury bond yields weakened, thereby reducing the opportunity cost of holding gold.

This development appeared in the context of the market recording signals showing that tensions related to Iran may ease, thereby directly affecting investor sentiment.

Mr. Peter Fertig - an expert at Quantitative Commodity Research - believes that the recovery momentum of gold comes from the improvement in market sentiment after new signals from the US.

According to him, as the USD index goes down, the euro strengthens, and expectations of interest rate cuts increase, gold's attractiveness will improve as the cost of holding this precious metal decreases.

However, the short-term outlook for gold is still not easy to predict. In fact, in March, gold prices experienced a very strong drop, marking the deepest weakening month in nearly 17 years. This shows that gold at the present time no longer fully responds to the traditional formula that when instability escalates, prices go up.

Many experts believe that the market is moving more complicatedly as gold is both affected by the safe-haven factor and dominated by interest rate expectations, the strength of the USD and profit-taking pressure.

According to HSBC's assessment, gold in 2026 has many times moving like a risky asset rather than an absolute shelter. Mr. James Steel - Head of Precious Metals Analysis at HSBC - emphasized that the most prominent keyword of this year's gold market is "fluctuations".

This means that investors may continue to witness strong ups and downs in the coming time, especially when short-term speculative cash flow still greatly affects price movements.

However, in the long term, gold still receives significant support. Goldman Sachs continues to maintain a positive outlook, forecasting that gold prices may head towards the 5,400 USD/ounce mark by the end of 2026 thanks to accumulated buying power from central banks and the trend of diversifying foreign exchange reserves.

With the current context, the gold market is forecast to have many fluctuations in the short term, but the long-term outlook has not been broken.