Updated SJC gold price
As of 9:05 a.m., the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 99.4-102.1 million VND/tael (buy - sell), down 400,000 for buying and unchanged for selling. The difference between buying and selling prices is at 2.7 million VND/tael.
At the same time, the price of SJC gold bars was listed by DOJI Group at 99.4-102.1 million VND/tael (buy - sell), down 400,000 for buying and unchanged for selling. The difference between buying and selling prices is at 2.7 million VND/tael.
Meanwhile, Bao Tin Minh Chau listed the price of SJC gold bars at 99.4-102.1 million VND/tael (buy - sell), down 500,000 VND/tael for buying and down 100,000 VND/tael for selling. The difference between buying and selling prices is at 2.7 million VND/tael.
9999 round gold ring price
As of 9:05 a.m. today, the price of Hung Thinh Vuong 9999 round gold rings at DOJI was listed at 99.2-102.1 million VND/tael (buy - sell), down 600,000 VND/tael for buying and kept the same for selling. The difference between buying and selling is listed at 2.9 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 99.4-102.2 million VND/tael (buy - sell), down 400,000 VND/tael for buying and up 100,000 VND/tael for selling. The difference between buying and selling is 2.8 million VND/tael.
World gold price
At 9:12 a.m. on April 2, the world gold price listed on Kitco was around 3,132.9 USD/ounce, down 4.3 USD/ounce compared to the beginning of the trading session yesterday morning.
Gold price forecast
World gold prices are anchored at a high level in the context of the USD's downward trend. Recorded at 9:30 a.m. on April 2, the US Dollar Index measuring the fluctuations of the greenback against 6 major currencies was at 103.905 points (down 0.04%).
Commenting at the 2025 PDAC conference in Toronto ( Canada), Mr. Tavi Costa - partner and macro strategist at Crescat Capital - said that "if history repeats, gold could be revalued at a very high level".
He emphasized a scenario in which the US reviews the value of national gold reserves compared to the total value of government bonds in circulation.
The core problem lies in bonds. There are currently about $26,000 billion in US government bonds in circulation. The value of the gold that the US is holding is only about 2% of that figure, he said.
Speaking to Kitco News, Costa said that if the ratio of the value of US gold reserves to the total value of US government bonds returns to 17% as in the 1970s, gold prices could reach 25,000 USD/ounce. If it returns to the 40% level of the 1940, gold prices could reach 55,000 USD/ounce. Although he does not consider this a price target, Mr. Costa believes that these figures show great potential for gold revaluation in the future.
David Morrison - an expert from Trade Nation commented: "Normally after a not-so-good first quarter of the year, investors will expect brighter opportunities in the coming time. But that is not the case at the moment. The repeated words when talking about the current market are uncertain.
The main reason is Donald Trump's tax policy. The US president has said he will impose a "ative" tax on all US trading partners, along with a 25% tax on imported cars from tomorrow. The problem is that there are currently too many conflicting statements about the impact of this policy, making it impossible for the market to predict the outcome.
The global market is paying attention to the upcoming US tariff policy. According to the plan, US President Donald Trump will announce a counterpart tax package on April 2, which he called " released day". According to Vietnam time, this notice will be issued at 2:00 a.m. on April 3.
Experts warn that this move could spark a wave of retaliation from trading partners, fueling tensions in global trade relations. In the face of that prospect, the uncertainty has prompted speculators, investors and even central banks to increase their buying of gold as a safe haven channel.
See more news related to gold prices HERE...
