Gold price update morning of April 13th: Potential risk of losses

SJC gold bar price

As of 6:00 AM, SJC gold bar prices were listed by DOJI at the threshold of 169.4-172.4 million VND/tael (buying - selling). The difference between buying and selling prices is at the threshold of 3 million VND/tael.

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

Phu Quy Gold and Gems Group listed SJC gold bar prices at the threshold of 169.4-172.4 million VND/tael (buying - selling). The difference between buying and selling prices is at the threshold of 3 million VND/tael.

9999 gold ring price

As of 6:00 AM, DOJI listed the price of gold rings at the threshold of 169.4-172.4 million VND/tael (buying - selling). The difference between buying and selling prices is at the threshold of 3 million VND/tael.

Bao Tin Minh Chau listed gold ring prices at the threshold of 169.4-172.4 million VND/tael (buying - selling). The difference between buying and selling prices is at the threshold of 3 million VND/tael.

Phu Quy Gold and Gems Group listed the price of gold rings at the threshold of 169.2-172.2 million VND/tael (buying - selling). 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.

World gold price

At 6:00 AM, world gold prices were listed around 4,747.2 USD/ounce.

Gold price forecast

Gold prices entered this week with significant support from the buying demand of central banks, in the context that global geopolitical risks have not shown signs of cooling down.

This development continues to strengthen the role of precious metals as a safe haven asset and strategic reserve, especially when many economies are still facing instability in growth, inflation and conflict.

In fact, gold is no longer only seen as a purely value-depositing asset. Many central banks are increasing gold holdings as a way to improve resilience to external shocks, while reducing dependence on financial assets that may be affected by political volatility and international sanctions. This trend is seen as one of the important pillars supporting gold prices in the medium and long term.

Analysts believe that even when gold prices are anchored at high levels, demand from central banks has not weakened. This is a strategic cash flow, different from short-term speculation, so it can help the market maintain high prices in the context of continuous fluctuations.

The latest gold survey with Wall Street experts shows that market sentiment has become more positive after a series of recent weekly price increases. Among the experts participating in the survey, 50% predict gold prices will increase this week, 14% believe prices may decrease, and 36% predict the market will fluctuate sideways.

Mr. Adrian Day - Chairman of Adrian Day Asset Management - said that gold is still striving to go up and the upward trend may continue, although the diễn biến will not be completely flat.

Meanwhile, Mr. Alex Kuptsikevich - senior analyst at FxPro - said that gold is maintaining a fairly good recovery trend and has the potential to rebound if buying power continues to be strengthened.

However, experts also note that gold prices this week may still be affected by US economic data, fluctuations in the USD, interest rate expectations and new information related to geopolitical tensions. In the short term, the market may still fluctuate strongly, but overall, gold is still assessed to have a fairly solid supporting foundation.