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Gold price today April 12: Sharp drop

(NLDO) – After many consecutive days of rising sharply, today's gold price suddenly dropped sharply as investors took profit.

Người Lao ĐộngNgười Lao Động14/04/2025

Giá vàng hôm nay 15-4: Sụt giảm rất mạnh- Ảnh 1.

The world gold price today sometimes decreased by tens of USD/ounce.

Although the World Gold Council announced in February 2025 that the total net purchase of global central banks was 24 tons of gold, the world gold price still fell.

The reason is believed to be because the administration of US President Donald Trump temporarily exempted some products from the newly applied tax, including smartphones and some other electronic devices.

Accordingly, concerns about financial and commodity market instability have eased. Many organizations and individuals have reduced their demand for holding gold to hedge against risks.

In this context, gold "players" are worried that the gold price will reverse and go down. Therefore, when gold reached 3,240 USD/ounce, many people rushed to sell. The world gold price at one point decreased by 32 USD, down to 3,208 USD/ounce. At 6:00 a.m. on April 15, the gold price today fluctuated slightly, trading at 3,211 USD/ounce.

Previously, in Vietnam, the selling price of SJC gold at the end of April 14 was 107.5 million VND/tael. The price of gold rings was 105 million VND/tael.

Giá vàng hôm nay 15-4: Sụt giảm rất mạnh- Ảnh 2.

Source: https://nld.com.vn/gia-vang-hom-nay-15-4-sut-giam-rat-manh-196250415062752397.htm


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