Updated SJC gold price
As of 9:00 a.m., the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 99.2-101.2 million VND/tael (buy - sell), an increase of 800,000 for buying and an increase of 500,000 VND/tael for selling. The difference between buying and selling prices is at 2 million VND/tael.
At the same time, the price of SJC gold bars was listed by DOJI Group at 99.2-101.2 million VND/tael (buy - sell), an increase of 800,000 for buying and an increase of 500,000 VND/tael for selling. The difference between buying and selling prices is at 2 million VND/tael.
Meanwhile, Bao Tin Minh Chau listed the price of SJC gold bars at 99.2-101.2 million VND/tael (buy - sell), an increase of 900,000 VND/tael for buying and an increase of 1 million VND/tael for selling. The difference between buying and selling prices is at 2 million VND/tael.
9999 round gold ring price
As of 9:00 a.m. today, the price of Hung Thinh Vuong 9999 round gold rings at DOJI was listed at 98.9-101.2 million VND/tael (buy - sell), an increase of 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 99.3-101.3 million VND/tael (buy - sell), an increase of 700,000 VND/tael for both buying and selling. The difference between buying and selling is at 2 million VND/tael.
World gold price
At 9:30 a.m. on March 31, the world gold price listed on Kitco was around 3,099.1 USD/ounce, up 14.4 USD/ounce compared to the beginning of the trading session yesterday morning.
Gold price forecast
World gold prices increased to an all-time high in the context of the USD's downward trend. Recorded at 9:30 a.m. on March 31, the US Dollar Index measuring the fluctuations of the greenback against 6 major currencies was at 103.440 points (down 0.26%).
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 this 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.
Colin Cieszynski - chief strategist at SIA Wealth Management said that gold continues to have an upward trend this week. Gold prices have broken out in an unstable world. However, Cieszynski warned that the market could see major fluctuations on April 2, especially if US President Donald Trump implements the tax measures as he has announced.
Sharing the same view, Adrian Day - Chairman of Adrian Day Asset Management - predicted that gold prices will continue to increase. According to Adrian Day, gold's unhurt surging above $3,000 an ounce shows strong upward momentum. He pointed out that demand for gold is still strong, especially from central banks, Chinese consumers and North American investors - a group that has not yet fully exploited its potential.
Economic calendar affecting gold prices this week
The most notable economic news this week will be the US implementation of global trade tariffs on Wednesday, along with the March non-farm payrolls report released on Friday morning. Experts warn that both events could increase the appeal of gold as a safe-haven asset.
In addition, some other important US economic data will also be released, including the ISM manufacturing PMI and JOLTS recruitment positions on Tuesday, the ADP jobs report on Wednesday, along with the ISM services PMI and weekly jobless claims on Thursday.
See more news related to gold prices HERE...
