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Gold price hits all-time high, stays above 100 million VND/tael

Domestic gold prices today (March 28) increased sharply following world prices and then cooled down. Gold bar prices set a new record and then decreased slightly. Plain gold ring prices also rose close to the old peak. Domestic gold prices today were continuously adjusted following the developments of world gold prices. From morning to early afternoon, SJC gold ring and bar prices increased continuously. Gold bar prices set a new record. Saigon Jewelry Company (SJC) early this afternoon raised the price of gold bars to a record level of 98.7-100.7 million VND/tael (buy - sell), an increase of 1.3 million VND/tael in the buying direction and an increase of 1.8 million VND/tael in the selling direction compared to yesterday's closing price.

Báo Tiền GiangBáo Tiền Giang28/03/2025

This level is 100,000 VND per tael higher for buying and 300,000 VND per tael higher for selling compared to the peak of 98.6-100.4 million VND per tael (buying - selling) set on the morning of March 20.

The price of gold rings today also increased to near the old peak of 100.9 million VND/tael in the selling direction and then turned to decrease slightly.

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Gold ring prices increase sharply. Photo: Pham Hai

Early this afternoon, Bao Tin Minh Chau listed the buying and selling prices of plain rings at 98.8-100.8 million VND/tael, an increase of 1.2 million VND per tael for buying and 1.1 million VND per tael more expensive for selling compared to the end of yesterday.

SJC Company also raised the price of plain gold rings of 1-5 chi to 98.5-100.5 million VND/tael (buy - sell), an increase of 1.3 million VND/tael for buying and 1.8 million VND/tael for selling compared to yesterday's closing price.

Doji also raised the price of 9999 gold rings to 98.9-100.7 million VND/tael (buy - sell). This price increased by 1.7 million VND/tael for buying and 1.2 million VND/tael more expensive for selling compared to yesterday's closing price.

However, by late this afternoon, domestic gold prices fell in line with world precious metal prices.

The price of SJC gold bars in the late afternoon dropped to 98.2-100.2 million VND/tael (buy - sell), a decrease of half a million VND per tael compared to the early afternoon.

Following the same trend, the price of gold rings of various brands has also been adjusted down by several hundred million VND per tael.

Late this afternoon, SJC listed the price of gold rings at 98.1-100.1 million VND/tael (buy - sell). Doji bought - sold 9999 gold rings at 98.4-100.2 million VND/tael. Bao Tin Minh Chau traded plain gold rings at 98.6-100.6 million VND/tael (buy - sell).

Domestic gold prices increased sharply as the precious metal on the international market set a new record of 3,082 USD/ounce early this afternoon.

Gold prices surged as investors sought refuge from escalating global trade tensions. On March 27, US President Donald Trump announced a 25% tariff on imported cars. Immediately, a series of governments announced retaliation.

However, late this afternoon, the world gold price cooled down. At 4:40 p.m. today, the world spot gold price dropped to 3,068.2 USD/ounce.

According to vietnamnet.vn

Source: https://baoapbac.vn/kinh-te/202503/gia-vang-lap-dinh-cao-moi-thoi-dai-tru-vung-tren-100-trieu-dongluong-1038281/


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