Gold price today April 19, 2025: Domestic and world gold prices stop increasing at 120 million

Domestic gold price today April 19, 2025

At the time of survey at 4:30 a.m. on April 19, 2025, domestic gold prices temporarily stopped increasing due to profit taking at the 120 million VND/tael mark. Specifically:

DOJI Group listed the price of SJC gold bars at 117-120 million VND/tael (buy - sell), an increase of 1.5 million VND/tael for buying - an increase of 2 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 117-120 million VND/tael (buy - sell), an increase of 1.5 million VND/tael for buying - an increase of 2 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 115-119 million VND/tael for buying and selling. Compared to yesterday, the gold price decreased by 3 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 117-120 million VND/tael (buying - selling, up 1.5 million VND/tael in buying - up 2 million VND/tael in selling compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 116-119 million VND/tael (buy - sell), gold price increased by 1.5 million VND/tael in buying direction - increased by 2 million VND/tael in selling direction 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 115-118.5 million VND/tael (buy - sell); an increase of 500 thousand VND/tael in buying - an increase of 1 million VND/tael in selling compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 116.5-119.5 million VND/tael (buy - sell); an increase of 1.5 million VND/tael in both buying and selling directions compared to yesterday.

The latest gold price list today, April 19, 2025 is as follows:

World gold price today April 19, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 am today, Vietnam time, was at 3,326.63 USD/ounce. Today's gold price increased by 11.81 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,120 VND/USD), the world gold price is about 105.8 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 14.2 million VND/tael higher than the international gold price.

The world gold price had a slight decrease during the day, but overall for the week it still increased strongly by 3.57%. This shows that buying power is still overwhelming, although the market may experience short-term adjustments.

The world gold price is witnessing a slight correction after reaching a record high of over 3,350 USD/ounce in the previous trading session. The main reason for the cooling of the gold price is that the US labor market report showed a more positive signal than expected, causing some investors to decide to take profits.

According to the US Department of Labor, the number of unemployment claims in the week ending April 12 was only 215,000, lower than the forecast of 225,000. Showing that the job market remains stable, despite the economy facing many uncertainties. However, the reaction of gold prices to this information was quite mild, due to concerns about the global situation still lingering.

Experts from CPM Group recommend that investors continue to hold gold and be ready to buy more when prices adjust slightly. The fact that gold prices have surpassed the $3,300 mark in just a few sessions is believed to be due to economic and political instability, especially after President Trump's announcement of new tariffs.

Since the beginning of 2025, the world gold price has increased by about 700 USD, of which half has come from just the last 9 trading sessions. CPM Group warns that if the gold price can increase sharply in a short period of time, it can also decrease at a similar rate. Therefore, short-term investors should carefully consider taking profits.

Kitco veteran Jim Wyckoff remains bullish on gold, saying the technical charts are bullish and safe-haven demand remains strong, which should support gold prices next week.

Financial markets will be closed for the Easter holiday from Friday to Monday. Gold prices are not expected to see major fluctuations during this period. Several important US economic data such as the April PMI, new home sales, durable goods orders and jobless claims will be released from mid-week onwards. Investors will also closely monitor the speeches of several Federal Reserve officials.

FOREX.com expert Fawad Razaqzada said that gold is entering a consolidation phase after the hot rally, similar to previous cycles. Currently, gold is $1,275 above its 200-week average, a gap that is rare and difficult to maintain for long.

Gold’s rally is also being aided by the weakness of the US dollar, which is at a three-year low. According to Christopher Vecchio of Tastylive.com, the US dollar is losing strength, which will continue to boost gold prices. Vecchio believes that any correction in gold is a buying opportunity, as the overall trend remains bullish.

Gold Price Forecast

SIA Wealth Management expert Colin Cieszynski said that gold prices may temporarily move sideways in the coming time after a series of hot days. He said that the market's attention will shift from macro factors to corporate profit reports, creating a necessary pause before forming a new trend.

Gold is entering a correction phase after hitting above $3,300 an ounce in mid-week, Rich Checkan, director of Asset Strategies International, said. He said this is the right time for the market to “take a breather” before continuing its long-term upward trend.

On the contrary, veteran analyst Darin Newsom of Barchart.com remains optimistic that gold will continue to rise. He said that the current market operates largely on algorithms that react quickly to statements from leaders, including many shocking statements from the US President that cause strong market fluctuations. While US stocks show signs of decline, gold has become the preferred choice.

According to Newsom, the actions of global investors are reflecting a loss of confidence in the US economic leadership. The US dollar is weakening and the price of gold is rising continuously. It shows that investors are withdrawing from assets tied to the greenback and turning to safe havens, especially gold.

He believes that as long as the uncertainty persists, gold prices will continue to rise. The Asian market is currently the main driver of the trend, while the US may only join in when prices are too high. At that point, the trend may reverse. But at the moment, gold is still the most reliable choice. Not crude oil, not bonds, only gold remains the "king" in times of uncertainty.

Citi raised its forecast for the average gold price in the second quarter to $3,250 an ounce (from $3,100 previously) due to tight supply and high demand. The bank also pointed out that gold prices are currently much higher than production costs (around $2,000 an ounce), creating a great opportunity for gold mining companies to increase profits, especially when the US dollar is weakening and interest rates tend to fall.

What is currently causing investors a headache is that it is difficult to determine a "reasonable" price for gold when the rally is so fast and strong. Lukman Otunuga, senior analyst at FXTM, said gold remains popular with investors amid concerns about a global recession and the US-China trade tensions showing no signs of easing.

Otunuga also warned that gold is currently overbought and could be about to enter a technical correction. If that happens, prices could fall back to the $3,250 area, or even $3,140 or the important psychological level of $3,000. Conversely, if the $3,300 area holds as support, gold could continue to head toward the new $3,400 level and beyond.