Updated SJC gold price
As of 6:10 p.m., the price of SJC gold bars was listed by Saigon Jewelry Company at VND 99.1-101.8 million/tael (buy in - sell out), down VND 300,000/tael for both buying and selling. The difference between buying and selling prices is at 2.7 million VND/tael.
At the same time, the price of SJC gold bars was listed by DOJI Group at 99.1-101.8 million VND/tael (buy - sell), down 300,000 VND/tael for both buying and selling. The difference between buying and selling prices is at 2.7 million VND/tael.
Meanwhile, Bao Tin Minh Chau listed the price of SJC gold bars at 99.1-101.8 million VND/tael (buy - sell), down 300,000 VND/tael for both buying and selling. The difference between buying and selling prices is at 2.7 million VND/tael.
9999 round gold ring price
As of 6:10 p.m. today, the price of Hung Thinh Vuong 9999 round gold rings at DOJI was listed at 98.7-101.4 million VND/tael (buy - sell); down 900,000 VND/tael for buying and down 700,000 VND/tael for selling. The difference between buying and selling is listed at 2.7 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 98.8-101.8 million VND/tael (buy - sell); increased by 1 million VND/tael for buying and decreased by 500,000 VND/tael for selling. The difference between buying and selling is 3 million VND/tael.
Potential risks
In the context of strong fluctuations in domestic gold prices, the buying-selling gap is pushed to an excessively high level, causing risks for individual investors to increase.
In the context of many fluctuations in the world gold market, the large difference between buying and selling in the domestic market is a clear warning sign. If gold prices turn down, buyers will face a huge loss. Personal investors, especially those with a "surfing" mentality, need to consider carefully before putting money down.
World gold price
As of 6:10 p.m., the world gold price was listed at 3,129.4 USD/ounce, up 12.6 USD/ounce.
Gold price forecast
World gold prices continue to increase despite the USD's recovery trend. Recorded at 6:10 p.m. on April 2, the US Dollar Index measuring the fluctuations of the greenback against 6 major currencies was at 103.942 points (up 0.06%).
The global market is paying attention to the upcoming US tariff policy. According to the plan, US President Donald Trump will announce a counterpart tax package on April 2. According to Vietnam time, this notice will be issued at 2:00 a.m. on April 3.
marking concerns about tariffs make investors more defensive, risk-off, and turn to gold as a way to protect their portfolios from upcoming volatility, said Yeap Jun Rong, market strategist at IG.
According to Mr. Rong, the current instability may continue to support gold prices in the short term, with the target of 3,200 USD/ounce.
In addition to the tariff factor, gold's increase this year is also supported by strong buying power from central banks, expectations of the US Federal Reserve (FED) to lower interest rates, geopolitical tensions in the Middle East and Europe, along with cash flow into gold ETFs.
According to Mr. Tim Waterer - head of market analysis at KCM Trade, tariff tensions may not stop after April 2, especially when auto taxes will be activated on April 3. This, combined with uncertain global growth prospects, will continue to retain gold buyers if there is a price adjustment.
Gold will continue to be a prominent asset in the precious metals group, unless the US Federal Reserve (FED) unexpectedly raises interest rates, said analysts at BMI.
The market this week will also be watching some important US economic data, including the report on the number of jobs needed to be recruited released today and the non-farm payrolls report on Friday.
See more news related to gold prices HERE...
