Illustration photo.

Opening today's trading session, gold prices of domestic brands simultaneously increased "skyrocketingly".

Specifically, at 2:30 p.m. on April 29, Saigon Jewelry Company (SJC) listed the buying and selling price of SJC gold bars at VND119.3-121.3 million/tael, an increase of VND1.8 million per tael in both directions compared to the previous session. The buying and selling difference was VND2 million.

The price of SJC 9999 gold ring is 114 million VND/tael for buying and 116.5 million VND/tael for selling; an increase of 1.5 million VND per tael for both buying and selling.

Meanwhile, DOJI gold bar price in Hanoi and Ho Chi Minh City was bought at 119.3 million VND/tael and sold at 121.3 million VND/tael, an increase of 1.8 million VND per tael in both directions (buying and selling) compared to the previous session's close.

This brand listed the price of Doji Hung Thinh Vuong 9999 gold ring, up 1.5 million VND per tael in both buying and selling compared to yesterday's closing price, with buying and selling transactions at 114-116.5 million VND/tael, respectively.

PNJ Gold listed buying price at 114 million VND/tael and selling price at 117 million VND/tael, an increase of 1.5 million VND/tael in both directions compared to the previous session.

As of 2:30 p.m. on April 29 (Vietnam time), the world gold price decreased by 24.8 USD/ounce compared to the previous session to 3,318 USD/ounce.

World gold prices fell slightly in today's trading session. According to experts, the precious metal market is pausing to start the trading week and waiting for new news developments.

Gold prices are expected to continue to maintain solid support at current levels, and possibly even higher, after setting a historic record when futures prices surpassed the $3,500/ounce mark last week. Persistent uncertainty due to the US government’s constantly changing import tax policy continues to be a fundamental factor supporting gold prices.

This week, investors will focus on analyzing upcoming US economic data to assess the direction and strength of the US economy, as well as clues about the US Federal Reserve's interest rate cut roadmap, which could significantly affect gold prices in the short term. Important data released this week include: US employment report, personal consumption expenditure and non-farm payroll report.

This morning, the USD-Index increased to 99.20 points; the yield on 10-year US Treasury bonds decreased to 4.232%; US stocks decreased; world oil prices decreased, to 64.19 USD/barrel for Brent oil and 61.52 USD/barrel for WTI oil.

According to Nhandan.vn

Source: https://baoquangngai.vn/kinh-te/202504/gia-vang-ngay-294-vang-mieng-sjc-tang-vot-gan-2-trieu-dong-vuot-moc-121-trieu-dongluong-31c0611/