Gold price today, April 11, recorded a slight continued decrease as of 8:30 AM.
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Updated at 7:50 AM on April 11, domestic gold bar prices recorded a sideways trend, as many major brands maintained their listed prices unchanged compared to the previous session, with the common selling price around 172.7 million VND per tael.
According to the latest data, domestic gold prices were uniformly listed as stable by gold, silver, and gemstone trading enterprises this morning. Specifically, SJC gold in Hanoi, Da Nang, and Ho Chi Minh City is being traded at 169.7 million VND per tael for buying and 172.7 million VND per tael for selling, unchanged from yesterday.
Similarly, DOJI gold prices in Hanoi and Ho Chi Minh City are also listed at 169.7 million VND per tael for buying and 172.7 million VND per tael for selling, maintaining stability compared to the immediately preceding session.
Phu Quy SJC gold and Bao Tin Minh Chau (BTMC) gold continue to trade around 169.7 million VND per tael for buying and 172.7 million VND per tael for selling, with no new fluctuations recorded in this morning's session.
Meanwhile, PNJ gold in Hanoi and Ho Chi Minh City is listed slightly lower, at 169.2 million VND per tael for buying and 172.2 million VND per tael for selling, unchanged from April 10.
Overall, the domestic gold market on April 11 morning is in a stable state, with no significant fluctuations appearing as enterprises uniformly keep their listed prices unchanged for both buying and selling directions.
Updated at 8:02 AM on April 11, domestic 9999 gold prices recorded a stable trend, as major enterprises maintained their listed prices unchanged compared to the previous session, with the common selling price around 170.9 million VND per tael.
According to the latest price list, 9999 jewelry gold in Ho Chi Minh City is listed at 167.4 million VND per tael for buying and 170.9 million VND per tael for selling. This price level is unchanged compared to earlier, indicating the market is temporarily stabilizing after strong fluctuations in recent times.
Meanwhile, 99% jewelry gold is also traded at a lower level, approximately 162.7 million VND per tael for buying and 169.2 million VND per tael for selling. Gold types with lower purity such as 75% or 68% continue to maintain significantly lower corresponding price levels.
Compared to the early March period, when 9999 gold prices once anchored above 180 million VND per tael, the current price level has significantly decreased due to the impact from strong market adjustments. Previously, 9999 ring gold prices fluctuated around 181–184 million VND per tael depending on the timing.
Overall, the 9999 gold market on April 11 morning is in a sideways state, with an accumulation trend within a narrow range. Prices show no signs of breaking out again, reflecting investors' cautious sentiment after the previous period of strong fluctuations.
World gold prices reversed slightly lower in the trading session on April 11 morning as adjustment pressure emerged after the previous upward momentum. According to data updated at 8:00 AM, the selling price (ask) is around 4,749.2 USD/ounce, while the buying price (bid) reached 4,747.2 USD/ounce.
Compared to 24 hours ago, world gold prices have decreased 13.6 USD, equivalent to 0.29%, indicating the upward momentum is slowing in the short term. This development reflects investors' cautious sentiment as the market enters an adjustment phase.
Converted at the current exchange rate, world gold prices are equivalent to approximately 150.9 million VND per tael, still maintained at a high zone despite a slight decline. Overall, the international gold market shows signs of adjustment after a series of fluctuations, with the short-term trend leaning towards a slight decline and accumulation.