At the end of March 28, the price of SJC gold bars and gold rings far exceeded the world gold price.

The price of SJC gold bars and gold rings at the end of March 28 was unexpectedly adjusted by SJC, PNJ, and DOJI to VND98.2 million/tael for buying and VND100.2 million/tael for selling - down half a million VND from the peak of the day. However, compared to the end of yesterday, the price of gold bars still increased by VND1.2 million/tael.

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On the morning of March 28, the price of SJC gold bars and gold rings reached a new record high.

Meanwhile, SJC Company adjusted the price of 99.99 gold rings and jewelry gold to around 98.1 million VND/tael for buying and 100.2 million VND/tael for selling - an increase of half a million VND compared to the morning. In just the past 3 days, the price of gold rings has also increased rapidly, adding nearly 3.5 million VND/tael.

Despite the strong fluctuations in gold prices, businesses have kept the difference between buying and selling prices at around VND2 million per tael. This is much lower than the difference of VND3-4 million per tael during periods of strong gold price fluctuations.

The price of gold bars and gold rings varies between brands. Gold bars of the Vang Rong Thang Long brand from Bao Tin Minh Chau Company are sold for up to 100.6 million VND; plain gold rings from this company are also very high, around 100.6 million VND.

Meanwhile, Mi Hong Company adjusted the price of gold rings to fall below the 100 million VND/tael mark, down to around 99 million VND/tael.

Cuối ngày 28-3, giá vàng miếng SJC và vàng nhẫn bỏ xa giá vàng thế giới- Ảnh 2. — SJC gold bar and gold ring prices fluctuate strongly

Domestic gold prices cooled down even though world prices remained at an all-time high. At the end of the day, Vietnam time, the international gold price stood at $3,073/ounce, stable compared to the morning. The demand for gold investment as a safe haven and the "buy and win" mentality have pushed gold prices up rapidly in recent times.

Currently, the world gold price converted according to the listed exchange rate is about 95.4 million VND/tael, lower than SJC gold bars and gold rings by about 5 million VND/tael. The gap between domestic and world gold prices has widened in recent days, from only 1-2 million VND a few weeks ago. The price of SJC gold bars and gold rings has increased faster than the world price.

Forecasting the upcoming trend, expert Phan Dung Khanh said that domestic gold prices will increase following world prices. World gold prices may reach 3,200 - 3,300 USD/ounce, domestic gold prices will also increase accordingly. Up to now, gold prices have peaked 17 times since the beginning of the year, especially after surpassing the psychological mark of 3,000 USD/ounce.

According to expert Tran Duy Phuong, the price of gold may increase by about 200 USD/ounce this year from the 3,000 USD/ounce range, but not in a vertical line. Therefore, investors buying gold at this time need to be careful to avoid "temporary peak" when the price adjusts and fluctuates strongly.