Gold price update at the close of March 25th: Simultaneously increasing

SJC gold bar price

As of 6:00 PM, SJC gold bar prices were listed by DOJI Group at the threshold of 170.5-173.5 million VND/tael (buying - selling), an increase of 3.3 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 172-175 million VND/tael (buying - selling), an increase of 4.8 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 170.5-173.5 million VND/tael (buying - selling), an increase of 3.3 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.

9999 gold ring price

As of 6:00 PM, DOJI Group listed the price of gold rings at 170.5-173.5 million VND/tael (buying - selling), an increase of 3.3 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at the threshold of 172.5-175.5 million VND/tael (buying - selling), an increase of 4.8 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 the price of gold rings at the threshold of 170.5-173.5 million VND/tael (buying - selling), an increase of 3.3 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.

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 6:54 PM, world gold prices were listed around the threshold of 4, 574.4 USD/ounce, up 161.4 USD compared to the previous day.

Gold price forecast

World gold prices after a period of strong correction are showing signs of recovery, in the context of many supporting factors gradually returning to the market. Although previous selling pressure caused the precious metal to fall deeply, analysts believe that the medium and long-term upward trend has not been broken.

According to Mr. Ole Hansen - Head of Commodity Strategy at Saxo Bank, the recent price decrease is mainly technical, stemming from the cash demand of investors during the volatile market period. When liquidity pressure weakens, gold prices may soon regain momentum thanks to fundamental factors such as inflation, cost of capital and geopolitical risks remaining high.

Sharing the same view, experts from BMO believe that the current developments are just a "pause" of the market. Although short-term is still affected by economic fluctuations and geopolitical tensions, the long-term upward trend of gold is still maintained. Even, this organization forecasts that gold prices may reach the 5,000 USD/ounce mark in the next few years.

In fact, gold prices have rebounded after a long period of decline, showing that bottom-fishing demand is still present. The weakening USD and expectations that the US Federal Reserve (Fed) may ease policy in the future also contribute to supporting precious metal prices.

However, in the short term, the market still has potential for strong fluctuations. Gold prices are forecast to be sensitive to the diễn biến of the USD, bond yields and information related to Fed monetary policy. In addition, investor sentiment, especially cash flow from ETF funds, can also create intertwined ups and downs.

In general, although there is still fluctuation in the short term, the main trend of gold is still assessed as positive. Current adjustment phases are seen by many experts as accumulation opportunities, in the context that the need for risk hedging and global economic instability has not shown signs of cooling down.