Updated gold price at the end of session 25.4: All decreased

Updated SJC gold price

As of 5:00 p.m., the price of SJC gold bars was listed by Saigon Jewelry Company at VND 118.5-120.5 million/tael (buy in - sell out); kept the same for buying and decreased by VND 500,000/tael for selling. The difference between buying and selling prices is at 2 million VND/tael.

At the same time, the price of SJC gold bars was listed by DOJI Group at 118.5-120.5 million VND/tael (buy - sell); kept the same for buying and decreased by 500,000 VND/tael for selling. The difference between buying and selling prices is at 2 million VND/tael.

Meanwhile, Bao Tin Minh Chau listed the price of SJC gold bars at 118.5-120.5 million VND/tael (buy - sell); kept the same for buying and decreased 500,000 VND/tael for selling. The difference between buying and selling prices is at 2 million VND/tael.

Phu Quy Jewelry Group listed the price of SJC gold bars at 117.5-120 million VND/tael (buy in - sell out). The difference between buying and selling prices is at 2.5 million VND/tael.

9999 round gold ring price

As of 5:00 p.m. today, the price of Hung Thinh Vuong 9999 round gold rings at DOJI was listed at 112.5-125.5 million VND/tael (buy - sell); down 1 million VND/tael for buying and down 800,000 VND/tael for selling compared to early in the morning. The difference between buying and selling prices is at 3 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 116.5-119 1.5 million VND/tael (buy - sell); down 500,000 VND/tael for both buying and selling. The difference between buying and selling prices is at 3 million VND/tael.

Phu Quy Jewelry Group listed the price of SJC gold bars at 115-118 million VND/tael (buy in - sell out). The difference between buying and selling prices is at 2.5 million VND/tael.

In the context of strong fluctuations in domestic gold prices, the buying-selling gap is pushed to an excessively high level, causing risks for individual investors to increase.

World gold price

As of 5:55 p.m., the world gold price was listed at 3,297.7 USD/ounce.

Gold price forecast

According to Kitco, gold prices are stable, heading for the third consecutive week of increase, although the market is optimistic about US-China trade negotiations.

Although gold purchases are high and could lead to a short-term correction, selling momentum is still limited as investors see gold as an effective preventative channel in the context of uncertainty, said Yeap Jun Rong, market strategist at IG.

US President Donald Trump affirmed on April 24 that trade talks with China are still ongoing, rejecting China's claim that there have been no discussions to ease trade tensions between the two countries.

Meanwhile, a spokesperson for China's Ministry of Commerce said that if the US really wants to resolve the dispute, it needs to lift all unilateral tariffs.

In the long term, the factors supporting gold remain solid, with room for expansion of foreign exchange reserves in emerging markets as they gradually adjust to the reserve structure of developed economies, Mr. Rong added.

In another development, Agnico Eagle Mines Limited - the largest gold producer in Canada - has just announced its business results for the first quarter of 2025 that far exceeded analysts' expectations, with a record profit thanks to high gold prices.

After the North American stock market closed on April 24, Agnico Eagle (NYSE: AEM, TSX: AEM) reported a net profit in the first quarter of 815 million USD, equivalent to 1.62 USD/share. Adjusted profit reached 770 million USD, equivalent to 1.53 USD/share, far exceeding the average forecast of 1.38 USD/share.

Mr. Ammar Al-Joundi - Chairman and CEO of Agnico Eagle - said: "We have had an excellent start to the year with another quarter achieving strong operational and financial results. This achievement helps us continue to consolidate the accounting balance sheet and prepare for the rest of the year.

We are still focusing on efficiency and cost control to continue expanding profit margins in the context of rising gold prices. This allows us to reinvest in businesses through exploring and developing 5 key projects, while enhancing financial position and increasing benefits for shareholders.