At the end of the session on March 29 , the price of gold bars at SJC closed at 98.4-100.7 million VND/tael (buy - sell), an increase of 200 thousand VND/tael in the buying direction and an increase of 500 thousand VND/tael in the selling direction compared to the end of yesterday's trading session.

At the end of the session, the price of SJC gold rings of 1-5 chi was listed at 98.2-100.4 million VND/tael (buy - sell), an increase of 100 thousand VND per tael for buying and 300 thousand VND per tael more expensive for selling compared to the closing price yesterday.

The price of 9999 gold rings at Doji closed the session at 98.4-100.7 million VND/tael, unchanged in the buying direction and increased by 500 thousand VND per tael in the selling direction compared to yesterday's closing price.

This afternoon, world gold prices stopped trading. Domestic gold prices also fluctuated little this afternoon.

Domestic gold ring price this morning was adjusted up following world price.

Early this morning, SJC Company listed the price of gold rings of type 1-5 at only 98.2-100.4 million VND/tael (buy - sell), an increase of 100 thousand VND per tael for buying and 300 thousand VND per tael more expensive for selling compared to yesterday's closing price.

Doji Gold and Gemstone Group traded 9999 gold rings at 98.4-100.7 million VND/tael (buy - sell) early this morning, unchanged in the buying direction and 500 thousand VND more expensive per tael in the selling direction compared to the end of yesterday's session.

Buy (VND/tael) Increase/decrease Sell ​​(VND/tael) Increase/decrease
SJC 98,200,000 + 100,000 100,400,000 + 300,000
Doji 98,400,000 0 100,100,000 + 500,000

                    SJC and Doji gold ring price list updated morning of March 29

Opening the trading session on March 29 , the price of SJC 9999 gold increased by 200 thousand VND/tael for buying and 500 thousand VND/tael more expensive for selling compared to the closing price of yesterday's trading session, up to 98.4-100.7 million VND/tael (buying - selling).

The price of 9999 gold was listed by Saigon Jewelry Company Limited (SJC) at 8:56 a.m. and the price of 9999 gold was listed by Doji Jewelry Group at 8:39 a.m. as follows:

Buy (VND/tael) Increase/decrease Sell ​​(VND/tael) Increase/decrease
SJC HCMC 98,400,000 + 200,000 100,700,000 + 500,000
Doji Hanoi 98,400,000 + 200,000 100,700,000 + 500,000
Doji HCMC 98,400,000 + 200,000 100,700,000 + 500,000

                            SJC and Doji gold bar price list updated on the morning of March 29

The central exchange rate on March 29 announced by the State Bank was 24,843 VND/USD, unchanged from the previous trading session. The USD price at commercial banks this morning (March 29) was commonly listed at 25,370 VND/USD (buy) and 25,760 VND/USD (sell).

At 9:09 a.m. today (March 29, Vietnam time) , the world spot gold price was at 3,084.7 USD/ounce, up 11.7 USD/ounce compared to last night. The gold futures price for June 2025 on the Comex New York floor was at 3,126.8 USD/ounce.

On the morning of March 29 , the world gold price converted to USD bank price was over 96.7 million VND/tael, including tax and fees, about 4 million VND/tael lower than the domestic gold price.

At the end of the session on March 28, the price of gold bars at SJC closed at 98.2-100.2 million VND/tael (buy - sell), an increase of 800,000 VND/tael in the buying direction and an increase of 1.3 million VND/tael in the selling direction compared to the end of the previous trading session.

The price of 1-5 chi SJC gold rings is listed at 98.1-100.1 million VND/tael (buy - sell), an increase of 900,000 VND/tael (buy) and 1.4 million VND/tael (sell).

The price of 9999 gold rings at Doji closed the session at 98.4-100.2 million VND/tael, an increase of 1.2 million VND/tael for buying and 700,000 VND/tael for selling compared to the previous day's closing price.

Today's gold price on Kitco at 8:00 p.m. (March 28, Vietnam time) was trading at $3,073/ounce, up 0.55% from the beginning of the session. Gold futures for June 2025 delivery on the Comex New York floor were trading at $3,111/ounce.

The USD index increased slightly. The US Dollar Index (DXY), which measures the greenback's fluctuations against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) stood at 104.25 points.

Nymex crude oil futures were mostly steady, trading around $69.75 a barrel. The current yield on the 10-year U.S. Treasury note is 4.334%.

The gold market continues to benefit from safe-haven demand. Global gold prices are trading near all-time highs. Inflation remains a persistent threat to the US economy.

The core personal consumption expenditures (PCE) index, which excludes energy and commodities, was reported by the US Commerce Department to have risen 0.4% last month, up from a 0.3% increase in January. Consumer prices rose more than expected, with economists expecting a 0.3% increase, the US Federal Reserve's preferred inflation gauge.

Over the past 12 months, core inflation rose 2.8%, up from January's revised 2.7%. Economists had forecast an annual increase of 2.7%.

gold (50).jpg
World gold prices increase sharply. Photo: Thach Thao

US President Trump’s widening trade war is prompting investors to seek refuge in gold, according to Dow Jones Newswires. Strong central bank demand is driving gold prices higher.

President Donald Trump announced a 25% tariff effective April 2 on all cars imported into the US, a move that could escalate global trade tensions.

The move immediately sparked strong reactions, with European Commission President Ursula von der Leyen warning that it was bad news for businesses and worse news for consumers.

In China, Xi Jinping said globalization was an unstoppable trend and that multinational companies had a responsibility to maintain the world economic order. The Chinese leader’s comments were in stark contrast to the protectionist threats from the United States in recent weeks.

Gold Price Forecast

Bo Hines, executive director of the US President's working group on digital assets, said that the government's revaluing of gold was one of the proposals put forward.

“We see Bitcoin as digital gold,” Hines said. That’s why they created the strategic Bitcoin reserve. The Trump administration appears to be considering funding for digital gold.

According to Capital Markets analyst Kyle Rodda, US trade policy, fiscal policy, geopolitics and slowing growth will support gold prices. He predicts $3,100 an ounce will be the next important milestone for gold prices.

In its latest commodities report, analysts at Bank of America forecast gold prices to average $3,063 an ounce this year. They forecast gold prices to rise to $3,350 an ounce by 2026, up from their previous average forecasts of $2,750 an ounce and $2,625 an ounce, respectively.

Analysts also say gold prices could rise to $3,500 an ounce within the next two years. Last month, Bank of America said the gold market would need to see a 10% increase in investment demand to reach $3,500 an ounce.

Source: https://vietnamnet.vn/gia-vang-hom-nay-29-3-2025-da-tang-noi-dai-sjc-chinh-phuc-dinh-moi-2385553.html