Gold price update on the morning of March 28: Gold rings and gold bars increase

Updated SJC gold price

As of 6:00 a.m., the price of SJC gold bars was listed by Saigon Jewelry Company at VND97.4-98.9 million/tael (buy - sell), an increase of VND700,000/tael for buying and VND500,000/tael for selling. The difference between buying and selling prices is at 1.5 million VND/tael.

At the same time, the price of SJC gold bars was listed by DOJI Group at 97.4-98.9 million VND/tael (buy - sell), an increase of 700,000 VND/tael for buying and an increase of 500,000 VND/tael for selling. The difference between buying and selling prices is at 1.5 million VND/tael.

Meanwhile, Bao Tin Minh Chau listed the price of SJC gold bars at 97.5-98.9 million VND/tael (buy - sell), an increase of 700,000 VND/tael for buying and an increase of 500,000 VND/tael for selling. The difference between buying and selling prices is at 1.4 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 97.2-99.5 million VND/tael (buy in - sell out); increased by 500,000 VND/tael for both buying and selling. The difference between buying and selling is listed at 2.3 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 97.6-99.7 million VND/tael (buy - sell); increased by 800,000 VND/tael for buying and increased by 600,000 VND/tael for selling. The difference between buying and selling is 2.1 million VND/tael.

World gold price

As of 0:15 on March 28, the world gold price was listed at 3,047.8 USD/ounce, up 30.2 USD/ounce.

Gold price forecast

World gold prices are anchored high in the context of the USD decreasing. Recorded at 0:15 on March 28, the US Dollar Index measuring the fluctuations of the greenback against 6 major currencies was at 103.892 points (down 0.32%).

According to Reuters, gold prices increased due to global trade tensions escalating ahead of the February 2 deadline for the US to impose counterpart tariffs. Investors are concerned that Donald Trump's counter-term tariffs could increase inflation, slow economic growth and worsen trade tensions.

According to Kitco, world gold prices skyrocketed thanks to safe-haven demand and positive technical signals. Comex gold futures hit a new record high of $3.071.30 an ounce as of the time of writing.

Stable demand for safe-haven assets and positive technical charts are keeping the two precious metals on the rise. Gold in April increased by 41.7 USD, reaching 3,063.9 USD/ounce.

US stock indexes fluctuated in different directions in the middle of the day. Risk acceptance in the market is not high this weekend after the US announced a new tariff for imported vehicles.

Aakash doshi - Global Director of gold at SPDR ETF Strategy predicts that gold prices will surpass 3,100 USD/ounce in the second quarter and may increase by 8% - 10% by the end of 2025 if macro support factors and market demand continue to persist.

Technically, April gold investors have a strong near-term technical advantage. The next price target for buyers is to close above a solid resistance level at 3,100 USD/ounce.

The next price target for the sellers is to push the futures contract price below the solid technical support level at 2,900 USD/ounce. The first resistance level was at today's contract high of 3,071.3 USD/ounce and then 3,085 USD/ounce. The first support level was at $3,050 and then the all-night low of $3,022.30/ounce.

Overseas markets today saw Nymex crude oil prices increase slightly and trade around 69.75 USD/barrel. The yield on the 10-year US Treasury note is currently around 4.4%.