Domestic gold price today April 25, 2024
Dearly afternoon April 25, SJC’s 9999 gold price increased by 200 thousand VND/tael in both buying and selling directions, to 84.2 million VND/tael (sold).
The 9999 gold price was updated by Saigon Jewelry Company Limited (SJC) at 13:58′ and the 9999 gold price was listed by DOJI Jewelry Group at 14:23′ as follows:
| Buy into | Sold out | |
| SJC Ho Chi Minh City | 81,900,000 VND/tael | 84,200,000 VND/tael |
| DOJI Hanoi | 81,500,000 VND/tael | 83,700,000 VND/tael |
| DOJI Ho Chi Minh City | 81,500,000 VND/tael | 83,700,000 VND/tael |
SJC and DOJI gold price list updated early afternoon April 25
Noon April 25SJC’s 9999 gold price increased by 200 thousand VND/tael in both buying and selling directions, to 84 million VND/tael (sold).
The 9999 gold price was updated by Saigon Jewelry Company Limited (SJC) at 10:56 a.m. and the 9999 gold price was listed by DOJI Jewelry Group at 11:13 a.m. as follows:
| Buy into | Sold out | |
| SJC Ho Chi Minh City | 81,700,000 VND/tael | 84,000,000 VND/tael |
| DOJI Hanoi | 81,500,000 VND/tael | 83,700,000 VND/tael |
| DOJI Ho Chi Minh City | 81,500,000 VND/tael | 83,700,000 VND/tael |
SJC and DOJI gold price list updated at noon April 25
Early morning of April 25SJC’s 9999 gold price decreased by 1 million VND/tael on the buying side and decreased by 720,000 VND/tael on the selling side compared to yesterday’s session, reaching 83.8 million VND/tael (sold).
The 9999 gold price was updated by Saigon Jewelry Company Limited (SJC) at 8:22 a.m. and the 9999 gold price was listed by DOJI Jewelry Group at 8:33 a.m. as follows:
| Buy into | Sold out | |
| SJC Ho Chi Minh City | 81,500,000 VND/tael | 83,800,000 VND/tael |
| DOJI Hanoi | 81,500,000 VND/tael | 83,700,000 VND/tael |
| DOJI Ho Chi Minh City | 82,000,000 VND/tael | 84,000,000 VND/tael |
SJC and DOJI gold price list updated in the early morning of April 25
Ending the trading session on April 24, 9999 gold price in the country Listed by SJC and Doji Jewelry Group in the following order of buying and selling:
SJC Hanoi: 82,500,000 VND/tael – 84,520,000 VND/tael
Doji Hanoi: 82,000,000 VND/tael – 84,000,000 VND/tael
SJC Ho Chi Minh City: 82,500,000 VND/tael – 84,500,000 VND/tael
Doji Ho Chi Minh City: 82,000,000 VND/tael – 84,000,000 VND/tael
Central exchange rate on April 25, 2024 announced by the State Bank at 24,264 VND/USD, down 10 VND compared to the previous trading session. The USD price at commercial banks this morning (April 25) was listed at 25,147 VND/USD (buy) and 25,487 VND/USD (sell).
International gold price today April 25, 2024
At 8:08 a.m. today (April 25, Vietnam time), World gold spot price stands around 2,318.8 USD/ounce, down 1.2 USD/ounce compared to last night. Gold futures price in June 2024 on the Comex New York floor is at 2,330.2 USD/ounce.
At 8:00 p.m. on April 24 (Vietnam time), today’s spot gold price on the world market is at 2,320 USD/ounce. Gold for delivery in June 2024 on the Comex New York floor is at 2,334 USD/ounce.
The world gold price on the night of April 24 is about 12.5% higher (257 USD/ounce) compared to the end of 2023. World gold price converted to USD bank price is 72 million VND/tael, including taxes and fee, about 12.5 million VND/tael lower than the domestic gold price as of late afternoon on April 24.
World gold prices hang high and appear to be quite stable above the threshold of 2,300 USD. Meanwhile, the price of SJC gold bars increased sharply even though the State Bank had put gold out for bidding.
After the first two sessions of the week plunging around 90 USD/ounce, world gold prices increased slightly again and showed that the threshold of 2,300 USD/ounce is quite solid. Many experts believe that the recent decline is an opportunity to buy for the long term.
World gold prices remain high because investors are still concerned about the situation in the Middle East as well as in Ukraine.
Previously, pressure from the people caused investors to bet on the possibility that the Israeli government would have to be cautious in decisions that could inflame tensions in the Middle East. Both sides also lowered their voices a bit.
However, on April 24, Iranian President Ebrahim Raisi warned that if Israel attacked Iran again, it would wipe out Israel. Specifically, the President of Iran said at that time “it is not clear whether this country has anything left.”
This warning makes investors worried about the situation in the Middle East. Escalating tensions can reach unimaginable levels.
Gold prices increased again due to increased bottom-fishing demand when gold reached the strong support level of 2,300 USD/ounce.
Gold price forecast
However, experts on Kitco believe that it is necessary to monitor more gold prices this week to determine gold trends in the near future.
Besides, some weaker economic data from the US is supporting gold prices. The US service and manufacturing sectors lost momentum.
S&P Global said its preliminary purchasing managers’ index for the U.S. services sector fell to 50.9 from 51.7 in March.
In the long term, gold is still in an upward trend. However, in the short term, gold may still have to witness a deeper correction because the decline in the first two sessions of the week is nothing compared to the long increase since the end of December last year.
