Gold price update at the closing session on March 19: Gold rings decreased by up to 7.5 million VND/tael

SJC gold bar price

As of 5:50 PM, SJC gold bar prices were listed by DOJI Group at the threshold of 172.5-175.5 million VND/tael (buying - selling), down 7.5 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.

SJC gold bar price was listed by Bao Tin Minh Chau at the threshold of 172.5-175.5 million VND/tael (buying - selling), down 7.5 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.

Phu Quy Jewelry Group listed SJC gold bar prices at 172.5-175.5 million VND/tael (buying - selling), down 7.5 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.

9999 gold ring price

As of 5:50 PM, DOJI Group listed gold ring prices at the threshold of 172.5-175.5 million VND/tael (buying - selling), down 7.5 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at the threshold of 173.3-176.3 million VND/tael (buying - selling), down 5.9 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.

Phu Quy Gold and Gems Group listed the price of gold rings at 172.5-175.5 million VND/tael (buying - selling), down 7 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.

Currently, the buying - selling price difference of gold is at a very high level, around 3 million VND/tael, posing a risk of losses for investors.

World gold price

At 5:50 PM, world gold prices were listed around the threshold of 4,680.9 USD/ounce, down more than 300 USD compared to the previous day.

Gold price forecast

World gold prices are under strong downward pressure as a series of unfavorable macroeconomic factors appear at the same time. The rising USD and rising US government bond yields have made the precious metal less attractive in the eyes of investors, especially in the context that the US Federal Reserve (Fed) maintains a tight monetary policy stance.

Newly released economic data shows that inflationary pressure in the US has not cooled down. The producer price index (PPI) in February 2026 increased more strongly than forecast, strengthening expectations that the Fed will keep interest rates at a higher level for longer. This increases the opportunity cost when holding gold - a non-interest asset - thereby creating downward pressure in the short term.

In addition, the tense developments in the Middle East, especially the conflict related to Iran, have pushed oil prices up sharply. Escalating energy prices could exacerbate global inflation, forcing central banks to maintain a "hawkish" stance. This is a factor that continues to disadvantage gold in the short term, even though the precious metal is considered a safe haven.

From a technical perspective, gold prices have broken the important support level around the 5,000 USD/ounce mark, dragging down a strong selling wave. According to Mr. Ole Hansen - Head of Commodity Strategy at Saxo Bank, the loss of this support level has triggered selling pressure according to the trend, causing gold prices to fall to the lowest level in more than a month.

He believes that in the short term, gold still faces many "barriers" from increased real yields and cash flow shifting to USD-denominated assets.

However, some experts still maintain an optimistic view of the long-term outlook. Mr. Nitesh Shah - commodity strategist at WisdomTree said that geopolitical risks will continue to be an important driving force supporting gold prices. According to him, although the market may adjust in the short term, gold prices can completely move towards a higher level in the long term if global instability persists.