Domestic gold price today April 30, 2025

At the time of survey at 4:30 a.m. on April 30, 2025, the domestic gold price increased again to 121 million VND. Specifically:

DOJI Group listed the price of SJC gold bars at 119.3-121.3 million VND/tael (buy - sell), an increase of 1.8 million VND/tael in both buying and selling directions compared to yesterday.

At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 119.3-121.3 million VND/tael (buy - sell), an increase of 1.8 million VND/tael in both buying and selling directions compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 119.5-121 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 2 million VND/tael for both buying and selling.

SJC gold price at Bao Tin Minh Chau Company Limited was traded by the enterprise at 119.3-121.3 million VND/tael (buying - selling), an increase of 1.8 million VND/tael in both buying and selling directions compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 118.3-121.3 million VND/tael (buy - sell), gold price increased by 1.3 million VND/tael in buying direction - increased by 1.8 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 114-116.5 million VND/tael (buy - sell); an increase of 1.5 million VND/tael in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 117.1-120.1 million VND/tael (buy - sell); increased 1.4 million VND/tael in buying - increased 1.6 million VND/tael in selling compared to yesterday.

The latest gold price list today, April 30, 2025 is as follows:

World gold price today April 30, 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 3,315.46 USD/ounce. Today's gold price increased by 4.78 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,170 VND/USD), the world gold price is about 105.68 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 15.61 million VND/tael higher than the international gold price.

World gold prices rose slightly after the US Department of Labor's JOLTS report. The number of job openings fell sharply in March (from 7.48 million to 7.19 million), significantly lower than the forecast (7.49 million), which is often interpreted as a sign of weakness in the US labor market.

The report also said that in March, the number of people employed remained stable at 5.4 million, while the total number of people leaving their jobs was virtually unchanged at 5.1 million. Of these, the number of people who voluntarily left their jobs remained at 3.3 million, while the number of people who were fired or laid off fell to 1.6 million.

This situation shows that the labor market is losing momentum, but gold prices have not been able to take advantage of this to increase sharply. The reason is because investors have been less worried about the tariff situation as the US has made a series of moves to ease tensions with China. And because the US Consumer Confidence Index report for April fell more than expected.

The Consumer Confidence Index fell to 86 in March, below economists' forecast of 87.5 and below the upwardly revised 93.9 in March, according to a report from The Conference Board released today.

"Consumer confidence has fallen for five consecutive months and is now at its lowest level since the COVID-19 pandemic began," said Stephanie Guichard, senior economist at The Conference Board. "This decline is largely due to consumers' expectations about the future, business conditions, employment prospects and incomes all deteriorating significantly."

The Trump administration is planning to reduce tariffs on imported auto parts to limit the impact of tariffs on the auto industry, while ensuring imported vehicles are not subject to multiple overlapping taxes, according to US officials.

"The market is optimistic that the escalation of the trade war between the US and China will be contained. The stock market has recovered in recent sessions, reducing demand for gold," said David Meger, director of metals trading at High Ridge Futures.

US Treasury Secretary Scott Bessent said several major trading partners had made “very good” proposals to avoid tariffs. He also praised China’s exemptions from retaliatory tariffs on some US goods, calling it a sign of goodwill to ease tensions.

Tariffs are now a top concern among consumers, with a record number of mentions, many expressing concern about tariffs raising prices and negatively impacting the economy.

Gold Price Forecast

In the short term, gold prices are facing a variety of scenarios, depending on the developments in trade negotiations and upcoming economic reports. Technical factors also play an important role in determining the next direction of the market.

“For gold futures, the first resistance is this week’s high of $3,363.80, followed by Friday’s high of $3,384.10. Meanwhile, the first support is $3,300, followed by last week’s low of $3,270.80,” said Jim Wyckoff, senior analyst at Kitco Metals.

Technically, the bulls still hold a clear advantage in the June gold futures market. Their next target is to push the price above the strong resistance at the record high of $3,509.90.

Meanwhile, bears are aiming to push the price below the key support level of $3,200. The immediate resistance levels include this week’s high of $3,363.80 and last week’s high of $3,384.1. The next key support levels are $3,300 and last week’s low of $3,270.8.

TD Securities expert Daniel Ghali commented that the selling pressure in the gold market has now significantly decreased. According to him, large investment funds and Western investors have not yet participated strongly in this price increase, which means that the profit-taking force is currently quite weak. This is the reason why the recent gold rally has maintained a solid stability.

Economists are warning of a possible global recession this year, according to a Reuters poll. This will be an important factor that will continue to support gold prices in the coming time, as investors seek safe havens.

Manoj Kumar Jain, an expert at Prithvifinmart Research, said that gold prices will continue to fluctuate strongly this week. According to him, the current support zone for gold is around $3,300 - $3,274 per ounce, while the resistance zone ranges from $3,358 - $3,380 per ounce.

Tim Waterer, an analyst at KCM Trade, said investors are feeling more optimistic than they did in early April, when the pressure of tariffs between the US and China eased. He said positive statements from the White House had raised hopes of a trade deal.

Broker Bob Haberkorn of RJO Futures predicts that gold prices could fall as low as $2,500 an ounce in the short term, but the long-term uptrend of gold remains intact. In the coming time, gold prices could fall below $3,200 an ounce, even to $3,180 an ounce before bottom-fishing buying pressure reappears and supports prices.