Gold price today April 14, 2025: Domestic and world gold prices have the strongest week of increase in the past 5 years

Domestic gold price today April 14, 2025

At the time of survey at 4:30 a.m. on April 14, 2025, domestic gold prices increased sharply, breaking yesterday's record peak. Specifically:

DOJI Group listed the price of SJC gold bars at 103-106.5 million VND/tael (buy - sell), the price remained unchanged in both buying and selling directions compared to yesterday. At the end of the week, the gold price increased by 5.9 million VND/tael for buying - increased by 6.4 million VND/tael for selling compared to last week.

At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 103-106.5 million VND/tael (buy - sell), the price remained unchanged compared to yesterday. At the end of the week, the gold price increased by 5.9 million VND/tael for buying - increased by 6.4 million VND/tael for selling compared to last week.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 104-105.5 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 700 thousand VND/tael for buying - increased by 800 thousand VND/tael for selling compared to yesterday. Compared to last week, the gold price increased by 5.2 million VND/tael for buying - increased by 4.7 million VND/tael for selling.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 103-106.5 million VND/tael (buying - selling), unchanged in both buying and selling directions compared to yesterday. Compared to last week, gold price increased by 5.7 million VND/tael for buying - increased by 6.4 million VND/tael for selling.

SJC gold price in Phu Quy is traded by businesses at 102.5-106.5 million VND/tael (buying - selling), gold price is unchanged in both buying and selling directions compared to yesterday. Increased 5.2 million VND/tael for buying - increased 6.4 million VND/tael for selling compared to last week.

As of 4:30 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 101.2-104.8 million VND/tael (buy - sell); unchanged in both buying and selling directions compared to yesterday. Increased 4.5 million VND/tael in buying direction - increased 4.7 million VND/tael in selling direction compared to last week.

Bao Tin Minh Chau listed the price of gold rings at 101.6-105.1 million VND/tael (buy - sell); unchanged in both buying and selling compared to yesterday. Increased 4 million VND/tael in buying - increased 4.8 million VND/tael in selling compared to last week.

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 6:00 p.m. today, Vietnam time, was 3,235.91 USD/ounce. Today's gold price is unchanged from yesterday and increased by 205.19 USD/ounce compared to last week. Converted according to the USD exchange rate at Vietcombank (25,920 VND/USD), the world gold price is about 102.17 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.

Spot gold has now surpassed $3,200 an ounce and is up 6.77% from last week, marking its strongest weekly gain in five years since March 2020. Although the recent rally has been steep, making gold look overbought, experts say it is difficult to determine a fair price amid a weakening US dollar and rising bond yields.

Turmoil in global financial markets has pushed world gold prices to new record highs, and many experts believe that the precious metal will continue to rise strongly in the coming time as the list of safe-haven assets is increasingly narrowing.

Jerry Prior, CEO of Mount Lucas Management and Senior Portfolio Manager of the KMLM ETF, commented that in the current volatile market context, it is understandable that gold prices continue to set new records.

He said the current gold price reflects what is happening, but the market is so volatile that in just one hour everything can change. That shows the level of uncertainty is too great and no model can be applied effectively in this unprecedented situation.

David Morrison, senior analyst at Trade Nation, said that gold would normally need time to adjust to create a stable price zone before attracting new buyers. However, investors are now looking for shelter in the market storm. The traditional investment channel of US government bonds is no longer effective, leaving gold as a safe alternative.

Naeem Aslam, chief investment officer at Zaye Capital Markets, sees further upside for gold. “It’s true that gold is overbought, but in a chaotic environment like this, things can change completely. When fear takes over, gold becomes the only safe haven, and that could push prices even higher before the market comes back to reality,” he said.

Jonas Goltermann, Deputy Chief Market Economist at Capital Economics, said the US dollar is undergoing a major shift as the global economy continues to react to President Donald Trump's tariff policies.

The US Dollar Index (DXY) has fallen to a three-year low. While it could end the week at 100, many analysts say the damage to the greenback has been done and will be difficult to reverse.

He said it was too early to tell what the long-term effects of the violent swings of the past 10 days would be, but there was no denying that the dollar’s ​​role as a reserve currency and its global dominance were being questioned. While the dollar’s ​​momentum and usage network remained strong, he predicted that the currency would recover somewhat, but its influence would not be the same as before.

Gold price forecast

Adam Button, currency strategist at Forexlive.com, said the U.S. is putting itself in a difficult position. “Everyone is looking for a safe haven, and gold is doing a great job of that,” he said.

Another notable point mentioned by Mr. Button is the US Supreme Court’s decision this week that allows the president to fire the heads of independent agencies. This raises the possibility that President Trump could take direct control of the Federal Reserve. “If Trump fires Chairman Powell, the only option is to put money into gold,” he said. “In that scenario, gold could go to $5,000 an ounce.”

Marc Chandler of Bannockburn Global Forex said gold is benefiting from the wave of uncertainty and the weakening US dollar. He said the next target for gold could be $3,300 and further to $3,500 if the current trend continues. “It’s hard to talk about resistance at this point because gold is moving in a direction that has almost no limits,” he said.

Adrian Day, Chairman of Adrian Day Asset Management, also believes that any recent correction in gold is only temporary, and the uptrend remains strong with a large pool of potential buyers.

Other experts such as Darin Newsom and James Stanley both said that gold is still a reasonable choice in the context of global political instability. James Stanley emphasized that he has long maintained an optimistic view on gold and sees no reason to change now.

Daniel Pavilonis of RJO Futures said the recent bond market developments have been a big boost for gold, especially after April 2. He warned that if long-term bond yields unexpectedly fall sharply, gold could see a short-term correction, but in the long term, the rally remains strong and unlikely to be stopped.

Michael Moor, founder of Moor Analytics, believes that gold prices have room to continue rising, as long as they do not fall below $3,224.50 an ounce. Moor had previously forecast that gold would rise at least $151 and as much as $954 from the $2,148.40 price range, and the market has actually risen to $1,100.60 – exceeding his highest target.

According to Kitco News’ weekly gold survey, bullish sentiment on gold prices is at an all-time high. Of the 16 analysts surveyed, 15 (94%) predict gold prices will continue to rise next week. None see prices falling, with only one analyst (6%) predicting gold will remain at its current highs.

On the retail investor side, Kitco’s online survey attracted 275 votes, of which 189 (69%) believe gold prices will rise, 50 (18%) predict prices will fall, and 36 (13%) believe prices will be flat next week. This sentiment clearly reflects confidence in gold in a context where other assets are weakening.