Updated SJC gold price
As of 7:45 p.m., the price of SJC gold bars was listed by Saigon Jewelry Company at VND 119.3-121.3 million/tael (buy in - sell out). 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 119.3-121.3 million VND/tael (buy in - sell out). 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 118.3-121 million VND/tael (buy in - sell out). The difference between buying and selling prices is at 2.7 million VND/tael.
Phu Quy Jewelry Group listed the price of SJC gold bars at 118.3-121.3 million VND/tael (buy in - sell out). The difference between buying and selling prices is at 3 million VND/tael.
9999 round gold ring price
As of 7:45 p.m., the price of Hung Thinh Vuong 9999 round gold rings at DOJI was listed at 114-116.5 million VND/tael (buy in - sell out). The difference between buying and selling prices is at 2.5 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 116.6-119 seven million VND/tael (buy in - sell out). The difference between buying and selling is 3.1 million VND/tael.
Phu Quy Gold and Stone Group listed the price of gold rings at 114.5-117.5 million VND/tael (buy in - sell out). The difference between buying and selling prices is at 3 million VND/tael.
In the context of strong fluctuations in domestic gold prices, the buying-selling gap is pushed too high, increasing the risk for individual investors. Personal investors, especially those with a "surfing" mentality, need to consider carefully before putting money down.
World gold price
At 7:50 p.m., the world gold price listed on Kitco was around 3,239.6 USD/ounce, down 26.4 USD.
Gold price forecast
According to Kitco, the recent developments of gold have created a notable technical model on the weekly chart. For the week starting April 21, gold opened at $3,347/ounce and closed at $3,330.2/ounce, down slightly by $16.8.8.
This creates a doji candle (a type of candle model in technical analysis, showing hesitation or balance between the buyer and seller on the market) - when the opening and closing prices are almost equal.
The meaning of doji becomes more obvious when considering the surrounding context. The previous week ( Starting on 14/4), gold increased by 86.4 USD, creating a strong green candle. Next week is doji, then this week is a large red candle - forming the Three River evening Star model (a very strong reversal of the candle to reduce prices), which is a sign of reversal in technical analysis.
To completely confirm this model, another red candle is needed next week, with higher and lower levels, and a candle located under the red candle this week. If that happens, it could be a sign of starting a deeper correction in gold prices.
According to the latest report from the World Gold Council (WGC), global gold demand in the first quarter of 2025 reached a total of 1,206 tons, up 1% over the same period last year. This development shows that the safe-haven role of precious metals continues to be strengthened in the context of concerns about US tariff policies, fluctuations in the stock market, risks of stagnant inflation and a weakening USD.
Senior market strategist Joseph Cavatoni at WGC commented that the strong global demand for gold is due to 3 main reasons: individual investors continue to store physical gold, strong capital flows into gold exchange-traded funds (ETFs) and continuous gold purchases from central banks around the world.
We are seeing fundamental demand for gold, not just short-term speculation. Macroeconomic risk factors, especially concerns about the reliability of US bonds and rising public debt, are making gold a key defensive asset, said Cavatoni.
See more news related to gold prices HERE...
