As of noon on April 14, SJC gold of Saigon Jewelry Company (SJC), DOJI Jewelry Group, and Bao Tin Minh Chau was bought at VND104.5 million/tael (up VND1.5 million/tael) and sold at VND107 million/tael (up VND500,000/tael) compared to yesterday. This is the highest selling price ever for SJC gold.

Meanwhile, Phu Quy Gold and Gemstone Group bought and sold SJC gold bars at VND103 million/tael (up VND500,000); sold at VND107 million/tael (up VND500,000) compared to yesterday.

PNJ brand gold rings in Hanoi and Ho Chi Minh City are being bought at 101.8 million VND/tael (up 600,000 VND); sold at 105 million VND/tael (up 100,000 VND) compared to yesterday.

Gold price today (afternoon of April 14): SJC gold continues to set a record, reaching 107 million VND/tael. Photo: vietnamnet.vn

Thus, in the past month (from March 14 to April 14), the domestic gold price increased by VND11.2 million/tael for buying; increased by VND10.2 million/tael for selling. Accordingly, the SJC gold buying price increased from VND94.3 million/tael to VND104.5 million/tael; the selling price increased from VND95.8 million/tael to VND107 million/tael.

In the international market, the world gold price has just set a new record high of 3,245 USD/ounce, becoming the leading safe-haven asset in the context of geopolitical instability and increasing concerns about a global recession. According to the latest survey by Kitco News, financial analysts and individual investors are more optimistic than ever about the prospect of increasing prices of precious metals.

Specifically, 15 out of 16 experts participating in the survey predicted that prices would increase this week, no one said that prices would decrease, and only one opinion said that the market would move sideways. On the individual investor side, out of a total of 400 people participating in the online survey, 275 people (69%) expected gold prices to increase, 18% predicted a decrease, and 13% maintained a neutral view.

Marc Chandler, CEO of Bannockburn Global Forex, said: "The weakening US dollar has overshadowed the impact of high interest rates, pushing gold to a new peak. The next target could be $3,300, or even $3,500 an ounce in the medium term."

LINH PHUONG

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Source: https://baodaknong.vn/gia-vang-hom-nay-chieu-14-4-vang-sjc-tiep-tuc-lap-ky-luc-249309.html