Updated SJC gold price
As of 6:00 a.m., the price of SJC gold bars was listed by Saigon Jewelry Company at VND 99.5-101.8 million/tael (buy - sell), an increase of VND 1.1 million/tael for both buying and selling. The difference between buying and selling prices is at 2.3 million VND/tael.
At the same time, the price of SJC gold bars was listed by DOJI Group at 99.5-101.8 million VND/tael (buy - sell), an increase of 1.1 million VND/tael for both buying and selling. The difference between buying and selling prices is at 2.3 million VND/tael.
Meanwhile, Bao Tin Minh Chau listed the price of SJC gold bars at 99.5-101.8 million VND/tael (buy - sell), an increase of 1 million VND/tael for buying and an increase of 1.1 million VND/tael for selling. The difference between buying and selling prices is at 2.3 million VND/tael.
9999 round gold ring price
As of 6:00 a.m. today, the price of Hung Thinh Vuong 9999 round gold rings at DOJI was listed at 99.2-101.7 million VND/tael (buy - sell); increased by 800,000 VND/tael for buying and increased by 1 million VND/tael for selling. The difference between buying and selling is listed at 2.5 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 99.6-101.9 million VND/tael (buy - sell); an increase of 700,000 VND/tael for buying and an increase of 1 million VND/tael for selling. The difference between buying and selling is 2.3 million VND/tael.
World gold price
As of 22:20 on March 31, the world gold price was listed at 3,123.7 USD/ounce, up 39 USD/ounce
Gold price forecast
World gold prices increased dramatically despite the increase of the USD. Recorded at 10:30 p.m. on March 31, the US Dollar Index measuring the fluctuations of the greenback against 6 major currencies was at 103.860 points (up 0.15%).
Gold prices increased sharply and continued to reach a record high in the first trading session of the week in the US. The June gold futures on the Comex exchange just recorded an all-time high of $3,159.3/ounce.
Strong and prolonged safe-haven demand is pushing gold prices higher. Currently, gold for June futures increased by 41.6 USD to 3,155.9 USD/ounce. The price of silver futures for May also increased by 0.056 USD to 34.87 USD/ounce.
Risk avoidance is high in the last trading session of the month and the end of the quarter. Investors are concerned about the prospects for global economic growth as the new US tariffs are expected to take effect on April 2. Today, Barron's title emphasizes: "Mr. Donald Trump's tariffs are a nightmare for the stock market".
The Asian and European stock markets mainly decreased in points in the trading session last night. US stock indexes are expected to open sharply and hit a multi-month low in New York today.
Gold prices continued to set a new record last night due to safe-haven demand. According to some reports, Goldman Sachs predicts gold prices could skyrocket to $4,500/ounce this year.
In addition, the market is also concerned that the credit gap in Europe could widen significantly due to the impact of the global tariff war.
Gold prices are having a strong technical advantage in the short term. The next target for buyers is to push prices above the resistance level of $3,200/ounce. Meanwhile, the sellers will aim to pull the price below the support level of 3,031 USD/ounce.
The first resistance level was the overnight high of $3,124.4/ounce, followed by $3,150/ounce. The first support level was at an overnight low of $3,096.30 an ounce, followed by $3,075 an ounce.
In a key outside market, Nymex crude oil futures rose slightly, trading around $69.75/barrel. The yield on the 10-year US Treasury note is currently at 4.192%.
See more news related to gold prices HERE...
