Gold price today 3.6: Gold rings increase, gold bars remain unchanged

Updated SJC gold price

As of 9:00 a.m., the price of SJC gold bars was listed by Saigon Jewelry Company at VND116-118 million/tael (buy in - sell out), unchanged. The difference between buying and selling prices is at 2 million VND/tael.

At the same time, the price of SJC gold bars listed by DOJI Group was at 116-118 million VND/tael (buy in - sell out), unchanged. 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 116-118 million VND/tael (buy in - sell out), unchanged. The difference between buying and selling prices is at 2 million VND/tael.

Phu Quy Gold and Stone Group listed the price of SJC gold bars at VND115.5-118 million/tael (buy - sell), an increase of VND500,000/tael for buying and an increase of VND800,000/tael for selling. The difference between buying and selling prices is at 2.5 million VND/tael.

9999 round gold ring price

As of 9:00 a.m., the price of Hung Thinh Vuong 9999 round gold rings at DOJI was listed at VND112-114 million/tael (buy - sell), an increase of VND800,000/tael for buying and an increase of VND300,000/tael for selling. The difference between buying and selling prices is at 2 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 113.8-116.8 million VND/tael (buy - sell), an increase of 500,000 VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.

Phu Quy Gold and Stone Group listed the price of gold rings at 111.5-114.5 million VND/tael (buy in - sell out), an increase of 700,000 VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.

In the context of strong fluctuations in domestic gold prices, the buying-selling gap is pushed too high, increasing the risk for individual investors. Personal investors, especially those with a "surfing" mentality, need to consider carefully before putting money down.

World gold price

At 9:05, the world gold price listed on Kitco was around 3,372.4 USD/ounce, up sharply by 66.1 USD.

Gold price forecast

World gold prices increased sharply as safe-haven demand amid US President Donald Trump's threat to re-impose tariffs and escalating tensions between Russia and Ukraine, raising concerns about global trade and geopolitical instability.

Donald Trump said on Friday he plans to double import tariffs on steel and aluminum to 50%, while China responded by dismissing allegations of violating the strategic mineral export deal. The weak USD makes gold more attractive to holders of other currencies.

On Sunday, US Treasury Secretary Scott Bessent said that Mr. Donald Trump will soon have a phone call with Chinese President Xi Jinping to resolve the dispute over important minerals.

In terms of geopolitics, Russia and Ukraine have increased their attacks as tensions continue to escalate, despite diplomatic efforts.

In another development, JP Morgan CEO Jamie Dimon warned at an economic forum that the bond market will be in crisis if the US does not take increasingly serious measures to control public debt. He stressed: "It will happen."

Debate over golds role in the global financial market remains unanswered, even as economic uncertainty and geopolitical chaos continue to fuel investment demand for the precious metal.

In the latest report, experts from the World Gold Council (WGC) called on the Basel Supervisory Board (BCBS) to reconsider the classification of gold and recognize gold as HQLA (High-Quality Liquid Assets - high-quality liquid assets), based on strong market fluctuations this year.

In recent months, when global trade policies have been unstable, financial markets have experienced a period of marked fluctuations with sharp declines in stock prices, unusual sell-offs of US Treasury bonds and widening bid-ask spread.

In that context, gold has affirmed what previous studies have shown, this is a market with high liquidity, orderly operation and the ability to reduce market risks - characteristics that are only seen in assets classified as HQLA - the analysis team said.