Oil prices today 04/16/2025: Little change
16-04-2025
Gold price today 04/17/2025: Gold price continues to increase to a record high, surpassing the 3,300 USD/ounce mark, as the weaker USD pushes investors to seek this safe haven asset.
Gold price today 04/17/2025
At the time of survey at 4:30 a.m. on 04/17/2025, gold prices were listed by some businesses as follows:
At Saigon Jewelry Company (SJC), SJC gold bars were traded at 113-115.5 million VND/tael (buy-sell); increased by 7.5 million VND/tael for buying and increased by 7.5 million VND/tael for selling. The difference between buying and selling prices was at 2.5 million VND/tael.
At the same time, the price of SJC gold bars was listed by DOJI Group at 113-115.5 million VND/tael (buy-sell); an increase of 7.5 million VND/tael for both buying and selling. The difference between buying and selling prices was 2.5 million VND/tael.
The price of SJC gold at Bao Tin Minh Chau Company Limited was traded by the enterprise at 112.5-115.5 million VND/tael (buy-sell); an increase of 7 million VND/tael for buying and an increase of 7.5 million VND/tael for selling. The difference between buying and selling prices was 3 million VND/tael.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 113.5-116.5 million VND/tael for buying and selling. Compared to yesterday, gold price increased by 500,000 VND/tael in buying price and remained unchanged in selling price compared to yesterday.
The latest gold price list today, April 17, 2025 is as follows:
| Gold price today | April 17, 2025 (VND million) |
Difference (thousand VND/tael) |
||
| Buy | Sell | Buy | Sell | |
| SJC tại Hà Nội | 113 | 115,5 | +7500 | +7500 |
| Tập đoàn DOJI | 113 | 115,5 | +7500 | +7500 |
| Mi Hồng | 113,5 | 116,5 | +500 | – |
| PNJ | 113 | 115,5 | +7500 | +7500 |
| Vietcombank Gold | 115,5 | +7800 | ||
| Bảo Tín Minh Châu | 112,5 | 115,5 | +7000 | +7500 |
| Phú Quý | 111 | 114 | +6200 | +6000 |
World gold price today April 17, 2025 and world gold price fluctuation chart in the past 24 hours
According to Kitco, the world gold price recorded at 4am today, Vietnam time, was at 3,322.05 USD/ounce. Today’s gold price increased by 1.36% compared to yesterday. Converted according to the USD exchange rate on the free market (26,060 VND/USD), the world gold price is about 104.3 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 1.2 million VND/tael higher than the international gold price.
“Gold remains strongly supported by broad-based US dollar weakness, uncertainty around tariff announcements and concerns about a global economic slowdown,” said Lukman Otunuga, senior research analyst at FXTM. “Breaking above $3,300 is a psychological level for gold. Buyers could target $3,400, $3,500 and beyond.”
Gold has gained nearly $700 this year, supported by tariff disputes, expectations of rate cuts and strong central bank buying.
“This rally has become a little out of control, which puts it at risk of a correction,” said Ole Hansen, head of commodity strategy at Saxo Bank. “However, over the past year or so, we have seen corrections that have been shallow, with underlying buying waiting for any declines.”
Investors are looking to a speech by US Federal Reserve Chairman Jerome Powell later in the day for further clues on the direction of interest rates.
Meanwhile, spot silver rose 1.5% to $32.75 an ounce, platinum rose 1% to $968.53 and palladium rose 0.3% to $974.20.
