Gold price today 28.3: Domestic gold price increases by nearly 3 million VND/tael

Khương Duy |

Gold price today March 28: The domestic gold market simultaneously increased, to nearly 173 million VND/tael.

SJC gold bar price

As of 10:30 am, SJC gold bar prices were listed by DOJI Group at the threshold of 169.8-172.8 million VND/tael (buying - selling), an increase of 2.9 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.

Diễn biến giá vàng SJC những phiên giao dịch gần đây. Biểu đồ: Khương Duy
SJC gold price movements in recent trading sessions. Chart: Khuong Duy

SJC gold bar price was listed by Bao Tin Minh Chau at the threshold of 169.8-172.8 million VND/tael (buying - selling), an increase of 2.2 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 the threshold of 169.8-172.8 million VND/tael (buying - selling), an increase of 2.9 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.

Giá vàng miếng SJC tại một số đơn vị kinh doanh. Đơn vị: đồng/lượng. Bảng: Khương Duy
SJC gold bar price at some business units. Unit: VND/tael. Table: Khuong Duy

9999 gold ring price

As of 10:30 am, DOJI Group listed the price of gold rings at the threshold of 169.8-172.8 million VND/tael (buying - selling), an increase of 2.9 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.

Diễn biến giá vàng nhẫn những phiên giao dịch gần đây. Biểu đồ: Khương Duy
Gold ring price movements in recent trading sessions. Chart: Khuong Duy

Bao Tin Minh Chau listed the price of gold rings at the threshold of 169.8-172.8 million VND/tael (buying - selling), an increase of 2.9 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 Jewelry Group listed the price of gold rings at the threshold of 169.8-172.8 million VND/tael (buying - selling), an increase of 2.9 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.

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.

Giá vàng nhẫn trơn tại một số đơn vị kinh doanh. Đơn vị: đồng/lượng. Bảng: Khương Duy
Price of plain gold rings at some business units. Unit: VND/tael. Table: Khuong Duy

World gold price

At 10:30 AM, world gold prices were listed around 4,493 USD/ounce, up 76.4 USD compared to the previous day.

Gold price forecast

World gold prices are showing signs of stabilizing again after ending a three-week long decline, however, the short-term trend still has many intertwined factors. The precious metal's recovery from the bottom around 4,100 USD/ounce and regaining the 4,500 USD/ounce mark is considered a positive initial signal, but not enough to confirm that the market has clearly reversed.

According to Mr. Michael Brown - senior analyst at Pepperstone, recent developments show that gold may be forming a relatively solid bottom.

He commented: "This shows that the market may have formed a solid bottom and the safe haven role of gold is gradually being restored." However, risks remain if central banks continue to sell gold reserves to cope with economic pressure.

From another perspective, experts believe that the macroeconomic environment is still the main factor dominating. Interest rates remaining at a high level, the strengthening USD and the increase in bond yields are putting significant pressure on gold prices in the short term. However, these factors do not change the long-term outlook for the precious metal.

Wells Fargo's report continues to maintain its optimistic view when forecasting gold prices could reach around 6,200 USD/ounce by the end of 2026. The bank believes that the recent adjustment is mainly cyclical and opens up accumulation opportunities for long-term investors, as demand from central banks remains high.

Meanwhile, Mr. Ryan McIntyre - Managing Partner at Sprott Inc., said that large cash flow from institutions has not really returned to the gold market. According to him, precious metals still have a long-term support base, but more time is needed to attract stronger capital flows, especially in the context that other investment channels such as stocks or digital currencies are still significantly competitive.

In general, gold prices may continue to fluctuate widely in the short term due to the impact of monetary policy and geopolitical tensions. However, in the long term, many experts still expect gold to maintain its role as a risk hedging asset, especially if inflationary pressure and global economic instability increase.

Gold price data is compared to the previous day.

See more news related to gold prices HERE...

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