Gold price today April 27: Increased simultaneously domestically and internationally

World gold price listed on Kitco is at 3,314.47 USD/ounce, up 13.81 USD/ounce compared to yesterday.

This is the first weekly decline of gold prices in April with a decrease of 0.37% in the context of strong selling pressure that lasted throughout the past week. The US-China trade tension showed signs of cooling down as both sides expressed their desire to resume negotiations.

However, the future of gold remains a big question mark, especially as it is still unclear whether there has been any trade deal between the US and China.

Gold continues to be a safe haven asset, especially as the role of the US dollar weakens globally, according to Bart Melek, an expert at TD Securities. Gold ETFs have seen significant inflows this year, with Chinese investors actively seeking protection against trade risks.

Domestic and world gold prices both increased today. (Illustration photo).

Central bank demand for gold, especially from China, is also providing strong support for gold prices. In the first quarter of 2025, the People’s Bank of China added more than 27 tonnes of gold to its reserves, bringing its total gold holdings to over 2,300 tonnes, the highest in the country’s modern history. This aggressive move is aimed at reducing dependence on the US dollar and enhancing the role of the yuan in global transactions.

Gold price movements today

+ Domestic gold price

At 6:00 a.m. on April 27, the price of gold bars at Doji and SJC was listed at 119-121 million VND/tael (buy - sell), an increase of 500,000 VND/tael in both buying and selling directions compared to yesterday.

Meanwhile, the price of gold rings is currently listed by Doji at 114 - 116.5 million VND/tael for buying and selling, an increase of 1.5 million VND/tael for buying and 1 million VND/tael for selling compared to the end of yesterday's trading session.

+ International gold price

The world gold price listed on Kitco was at 3,314.47 USD/ounce, up 13.81 USD/ounce compared to yesterday. Gold futures last traded at 3,320 USD/ounce.

Gold price forecast

Global gold supply is currently relatively strong, but aging gold mines, depleted reserves and declining ore quality remain concerns, which could push prices higher in the long term, said Tai Wong, an independent metals trader.

He believes that the previous price of 3,500 USD/ounce was too high and needed an adjustment. He predicts that gold prices will fluctuate in the coming sessions, but the upward trend will still be maintained.

The possibility of a US-China trade deal coupled with President Trump's dovish stance towards the Fed Chairman sent gold prices tumbling and into a short-term sell-off, according to senior market analyst Kelvin Wong at Oanda.

The rising US dollar makes gold more expensive for overseas buyers. Despite the short-term decline, Kelvin Wong said gold prices still have the potential to continue rising.

ANZ Bank has raised its year-end gold price forecast to $3,600 an ounce and its six-month forecast to $3,500 an ounce.

According to PHAM DUY (VTC News)

Source: https://baogialai.com.vn/gia-vang-hom-nay-274-tang-dong-loat-trong-nuoc-the-gioi-post320675.html