Gold price update April 14, 2025: Domestic gold price continues to rise to all-time high, world gold price slightly decreases

Domestic gold price today April 14, 2025

At the time of survey at 4:30 p.m. on April 14, 2025, domestic gold prices continued to rise to an all-time high. Specifically:

DOJI Group listed the price of SJC gold bars at 105-107.5 million VND/tael (buy - sell), an increase of 2 million VND/tael for buying and 1 million VND/tael for selling compared to yesterday.

At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 105-107.5 million VND/tael (buy - sell), an increase of 2 million VND/tael for buying - an increase of 1 million VND/tael for selling compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 105.8-107.5 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 1.8 million VND/tael for buying and 2 million VND/tael for selling compared to yesterday.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 105-107.5 million VND/tael (buying - selling, up 2 million VND/tael for buying - up 1 million VND/tael for selling compared to yesterday.

SJC gold price in Phu Quy is traded by businesses at 104-107.5 million VND/tael (buy - sell), gold price increased 1.5 million VND/tael for buying - increased 1 million VND/tael for selling compared to yesterday.

As of 4:30 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 102-105 million VND/tael (buy - sell); an increase of 800,000 VND/tael in buying - an increase of 200,000 VND/tael in selling compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 102.6-106.2 million VND/tael (buy - sell); increased 1 million VND/tael for buying - increased 1.1 million VND/tael for selling compared to yesterday.

The latest gold price list today, April 14, 2025 is as follows:

World gold price today April 14, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 p.m. today, Vietnam time, was 3,226.89 USD/ounce. Today's gold price decreased by 9.02 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,000 VND/USD), the world gold price is about 102.19 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 4.33 million VND/tael higher than the international gold price.

World gold prices fell slightly after hitting a record high earlier, as trade tensions between the US and China showed signs of easing. US President Donald Trump announced import tax exemptions for some items such as phones and computers, easing market concerns.

Specifically, the world gold price decreased by 0.1%, after previously reaching an all-time high of 3,245.42 USD. Meanwhile, the gold futures price in the US increased slightly by 0.1%, to 3,248.30 USD.

According to KCM Trade expert Tim Waterer, the recent weaker USD has supported the gold price increase, but the US tax exemption on some technology products has made investors more daring, reducing the demand for gold as a safe haven. This makes the gold price have no clear trend.

Although the White House has announced tariff exemptions for some products, President Trump has insisted that this is only temporary. He continues to emphasize a tough stance in the tariff war with China. Waterer said that unpredictable developments on tariffs have caused strong fluctuations in financial markets. If the USD continues to weaken, gold prices could rise to $3,300/ounce in the short term.

Last week, gold prices surpassed $3,200 an ounce for the first time due to concerns about the escalation of the US-China trade war. Goldman Sachs predicted that gold prices could reach $3,700 by the end of 2025, higher than the previous forecast of $3,300, thanks to strong demand from central banks and ETFs.

Gold is playing its traditional role as a safe haven for investors amid financial market turmoil over controversial US tariff policies. The instability has also caused investors to begin to doubt the status of US government bonds, which are considered the most stable assets in the world.

In China, the world's largest gold consumer, domestic gold prices rose sharply as people and investors sought to protect their assets against the risks of the trade war. Meanwhile, silver prices fell 0.6% to $32.06 an ounce, platinum rose 1% to $952.50. Palladium also rose 1.3% to $927.25.

Gold price forecast

Gold prices are currently being heavily influenced by the unpredictable trade and economic policies of US President Donald Trump. If Mr. Trump continues to escalate the trade war with China and increases import tariffs from the base rate of 10% on other countries after the 90-day pause, gold prices are likely to continue to rise sharply.

However, if the US and China reach a deal that saves face for both sides, and other countries negotiate successfully to maintain global trade, gold’s rally could stall. The problem is that predicting the direction of this tariff war is almost a guessing game.

Last week, the US 10-year bond yield surged the most in two decades, reaching 4.478%. The questionable US dollar and US bonds have added strength to gold prices. As confidence in traditional investment channels has declined, investors have flocked to gold as a safe haven from market storms.

Investment bank Goldman Sachs recently revised up its year-end gold price forecast to $3,700 an ounce, from $3,300 previously. The main reason comes from strong demand for gold from central banks and concerns about economic recession, causing a surge in money flowing into gold ETFs.

According to Goldman Sachs analysis, central banks are buying gold at an average rate of 80 tons/month, higher than the previous forecast of 70 tons and far exceeding the average of 17 tons/month in the period before 2022. In addition, gold ETFs also attract large amounts of money as investors seek safe havens, in the context of the probability of the US falling into recession in the next 12 months being forecast at 45%.

Goldman Sachs believes that in the medium term, gold prices are likely to continue to rise. If central banks maintain buying 100 tons/month, gold prices could reach $3,810 by the end of 2025. In the event of a recession, cash flows into gold ETFs could reach pandemic levels, pushing prices to $3,880.

However, Goldman Sachs also forecasts a gold price of only $3,550 if the economy recovers better than expected thanks to reduced policy uncertainty, causing ETF inflows to return to their original forecast. However, the general trend is still leaning towards gold prices continuing to rise in the coming time.