SJC gold bar price
At the end of the trading session of the week, DOJI Group listed the price of SJC gold at 98.4-100.7 million VND/tael (buy in - sell out).
Compared to the closing price of last week's trading session (March 23, 2025), the price of SJC gold bars at DOJI increased by VND4 million/tael for buying and VND3.3 million/tael for selling.
The difference between the buying and selling prices of SJC gold at DOJI Group is at 2.3 million VND/tael.
Meanwhile, Saigon Jewelry Company SJC listed the price of SJC gold at 98.4-100.7 million VND/tael (buy - sell).
Compared to the closing price of last week's trading session (March 23, 2025), the price of SJC gold bars at Saigon Jewelry Company SJC increased by VND4 million/tael for buying and VND3.3 million/tael for selling.
The difference between the buying and selling prices of SJC gold at Saigon Jewelry Company SJC is at 2.3 million VND/tael.
If buying SJC gold at DOJI Group and Saigon Jewelry Company SJC in the session of March 23 and selling it in today's session (March 30), gold buyers at DOJI Group and Saigon Jewelry Company SJC will both make a profit of 1 million VND/tael.
9999 gold ring price
This morning, the price of Hung Thinh Vuong 9999 round gold rings at DOJI was listed at 98.4-100.7 million VND/tael (buy - sell); an increase of 2.8 million VND/tael for buying and an increase of 2.5 million VND/tael for selling compared to the closing price of the previous trading session. The difference between buying and selling is at 2.3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 98.9-100.9 million VND/tael (buy - sell); an increase of 2.8 million VND/tael for buying and an increase of 2.3 million VND/tael for selling compared to the closing price of the previous trading session. The difference between buying and selling is at 2 million VND/tael.
If buying gold rings in the session of March 23 and selling in today's session (March 30), buyers at DOJI will make a profit of VND 200,000/tael, while buyers at Bao Tin Minh Chau will make a profit of VND 300,000/tael.
World gold price
At the end of the trading session of the week, the world gold price listed on Kitco was at 3,084.7 USD/ounce, up 61.3 USD/ounce compared to the closing price of the previous trading session.
Gold price forecast
World gold prices at the end of the week received support when the USD decreased. Recorded at 7:00 a.m. on March 30, the US Dollar Index measuring the fluctuations of the greenback against 6 major currencies was at 103.710 points (down 0.27%).
Gold prices have just gone through a volatile quarter, recording the strongest increase since July 1986. Neils Christensen - an analyst at Kitco News commented: "Last week, I wrote that the gold market seemed a bit exhausted, but the increased investment demand could help prices go up. Maybe I was too cautious in keeping this optimistic view."
Naeem Aslam - Investment Director at Zaye Capital Markets said that although gold has had a significant increase this year, prices still have the momentum to go up:
Investors clearly understand that most of the negative news has been reflected in prices, so there is not much room for price reduction. Especially considering the parabol spikes we have witnessed.
However, traders need to remember that the trade war is not over, which means that there are still many uncertainties. This shows that after a correction, gold prices may continue to rise.
According to Kitco News' weekly survey, industry experts show strong optimism about gold's upside potential. Meanwhile, retail investors are only modestly increasing expectations.
This week, 20 analysts participated in the survey of Kitco News. After last week with a balanced mentality, the buyers on Wall Street almost took complete control. There are 15 experts (accounting for 85%) predicting that gold prices will continue to increase next week. Only 1 expert (5%) predicted that gold would fall, while the remaining 2 (10%) predicted that gold would move sideways and continue to accumulate.
Meanwhile, Kitco's online poll recorded 202 votes. 129 investors (64%) expect gold prices to continue to rise next week, 39 (19%) predict gold will fall and the remaining 34 (17%) expect gold prices to move sideways.
Economic data to watch next week
Tuesday: US ISM manufacturing PMI, JOLTS employment.
Wednesday: US imposes global import tax, non-agricultural ADP salary table.
Thursday: US weekly jobless claims, ISM services PMI.
Friday: US non-farm payrolls.
See more news related to gold prices HERE...
