Gold prices fall across major brands; SJC bars and plain rings priced at 168.5–171.5 million VND per lượng on April 13, 2026

Gold prices today fell across major brands by about 700,000 to 900,000 dong per lượng. In this afternoon’s update, SJC bullion was quoted at 168.5–171.5 million VND per lượng across major brands, while plain gold rings were also listed at 168.5–171.5 million per lượng at DOJI, Bao Tin Minh Chau, and Bao Tin Manh Hai. By contrast, SJC and PNJ quoted bullion at 168.2–171.2 million VND per lượng, with rings at the same 168.2–171.2 million VND per lượng range.

Compared with early this morning, the SJC gold price fell by 900,000 dong per lượng. Rings at Bao Tin Minh Chau decreased by 700,000 dong per lượng, while other brands declined by 900,000 dong per lượng.

Domestic market: bullion and ring prices

At around 10:00, many shops recorded SJC bullion prices down by about 900,000 dong per lượng. SJC bullion was at 168.5–171.5 million VND per lượng (down 900,000 dong per lượng), while plain gold rings were quoted at 168.2–171.2 million VND per lượng.

PNJ similarly priced bullion at 168.5–171.5 million VND per lượng, with rings at 168.2–171.2 million VND per lượng.

International market: gold hovering after recovery

On the international market, gold prices after recovering above 4,700 USD/ounce were trading around 4,730–4,750 USD/ounce. At the same time, global gold was about 4,715 USD/ounce, after dipping to around 4,650 USD at the opening.

Recent drivers: ceasefire, dollar moves, and rate expectations

Last week, world gold prices rose nearly 1.6% and extended a three-week streak higher as the U.S. dollar weakened following a ceasefire deal between the U.S. and Iran. However, traders remained uncertain about the durability of the ceasefire and its implications for interest-rate trends.

Kitco’s gold price survey polled 14 analysts: 7 analysts (50%) expected higher gold prices this week, 2 (14%) forecast a decline, and 5 (36%) expected short-term risks to be balanced. Kitco’s online poll collected 51 responses, with retail investors more optimistic as tensions eased: 32 active traders (63%) expected higher prices this week, 10 (20%) expected a decline, and 9 (18%) expected prices to move sideways in the near term.

“Demand is winning due to higher low levels each day, supported by the temporary ceasefire. A rally above the 5,000 level could trigger a strong upside move,” said Tai Wong, a solo metals trader.

The ceasefire was extended for two days, pausing U.S. and Israeli airstrikes on Iran, but it did not relax sanctions on the Hormuz Strait or end the concurrent conflict involving Israel and Iran-backed Hezbollah in Lebanon.

As Middle East tensions ease, expectations for possible rate cuts have increased, which has weighed on the dollar and supported gold, according to David Meger, director of metals trading at High Ridge Futures. The U.S. dollar has been trending lower this week, making gold priced in dollars cheaper for holders of other currencies.

U.S. consumer data also showed the strongest price gains in nearly four years in March, driven by higher oil prices amid Middle East tensions and ongoing tariff effects. High inflation continues to limit central banks’ ability to cut rates. While gold is often seen as an inflation hedge and a safe haven during geopolitical risk, its appeal can weaken in a high-rate environment due to the lack of yield.