Gold price today April 15, 2025: Domestic and world gold prices increased to a new record but are expected to slightly decrease

Domestic gold price today April 15, 2025

At the time of the survey at 4:30 a.m. on April 15, 2025, the domestic gold price was rising to a record high, but it is forecasted that today it will turn around and decrease slightly following the world gold price. 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 105.7-107.5 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 1.7 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 a.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 thousand VND/tael in buying - an increase of 200 thousand 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 15, 2025 is as follows:

World gold price today April 15, 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 3,202.42 USD/ounce. Today's gold price decreased by 33.49 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,000 VND/USD), the world gold price is about 101.41 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 6.09 million VND/tael higher than the international gold price.

World gold prices fell more than 1% after hitting a record high. The main reason came from the more optimistic market sentiment after the White House decided to exempt some electronic products imported from China, including phones and computers.

Specifically, spot gold prices fell 1.03%, while gold futures in the US also fell 0.9%, down to $3,215.70/ounce. Despite the price adjustment, many experts still believe that the current environment is still favorable for gold to continue to be popular.

TD Securities expert Bart Melek said that the US tax exemption for some technology products has somewhat cooled down trade tensions, making gold less attractive as a safe haven. However, factors such as a weak USD and low bond yields continue to support gold prices.

However, trade uncertainties, a weak US dollar and low bond yields continue to support gold prices. The US dollar is currently at a three-year low against other currencies, making gold more attractive because it is often purchased in dollars.

The recovery in global stock markets is also a factor that makes it difficult for gold prices to increase further. Stocks in Asia and Europe recorded gains in the latest session, but the risk-off sentiment in the market is still present.

Global gold demand is currently seen as a three-legged stool, consisting of investment demand, central bank purchases and consumer demand in major markets such as China and India. Of these three factors, only demand in India is showing signs of slowing down, the rest are supporting gold prices.

The Trump administration’s trade policies are having a significant impact on all three pillars, so while gold is a traditional safe haven, it is still subject to the same volatility as other risk assets.

In other precious metals, silver fell 1.1% to $31.91 an ounce. Platinum edged up 0.5% to $947.05 and palladium rose 3.4% to $946.36 an ounce.

Gold price forecast

The gold market is showing a clear short-term bullish bias. The June gold futures contract is now heavily biased towards the buyers, with the next target being a close above the strong resistance at $3,300 an ounce.

Meanwhile, the bears are still trying to pull the price below the important support level of $3,100. Notable technical levels now include the nearest resistance level of $3,263, followed by $3,275; and the support level is $3,221.10, followed by $3,200.

Goldman Sachs has just sharply raised its year-end gold price forecast to $3,700 an ounce, instead of $3,300 as before. The main reason is the strong increase in gold buying activities from central banks and the wave of recession fears causing strong money flows into gold ETFs.

According to Goldman Sachs, central banks are buying an average of 80 tons of gold per month, far exceeding the previous forecast of 70 tons and many times higher than the average of only 17 tons/month before 2022. At the same time, capital flows into gold ETFs are also increasing rapidly as investors seek safe havens, especially when the probability of the US falling into recession in the next 12 months is forecast at 45%.

In the medium-term scenario, if central bank purchases continue at 100 tonnes/month, gold prices could reach $3,810 by the end of 2025. If the US economy falls into recession, ETF inflows could surge like during the pandemic, pushing gold prices to $3,880.

However, if the economic recovery is more stable than expected and the instability factors are controlled, the gold price may stop at 3,550 USD as money flows back to other investment channels. However, the general trend is still inclined towards the possibility of gold prices continuing to increase.

Gold prices may see some short-term corrections after the sharp rise, but this does not change the overall uptrend, said Rich Checkan, president and COO of Asset Strategies International. He said gold currently has a clear momentum advantage.

Daniel Pavilonis of RJO Futures said the recent rise in the US bond market has been a big contributor to gold’s rally. Rising concerns have pushed gold to the top of the list after the US-China tit-for-tat tariffs took effect on April 2. He also warned that if long-term bond yields fall sharply, gold could see a short-term correction, but the long-term uptrend remains solid.